Platts to end USWC-India 30kt assessment

Platts proposes to discontinue its US West Coast to India 30kt clean tanker freight lumpsum assessments.

These assessments have reflected a large flow of products from USWC to India, however this route has now largely been reversed due the large increase in Indian refining capacity.

These rates are published in Clean Tankerwire and on Platts Global Alert page 558.

Platts proposes to discontinue this assessment on August 1, 2012.

This covers assessment codes:

PFAEJ00 - 30kt USWC - India Lumpsum assessment TCACO00 - 30kt USWC - India $/mt assessment AAAVC00 - 30kt USWC - India Lumpsum monthly average TCACO03 - 30kt USWC - India $/mt monthly average

Please send all comments or questions by May 1, 2012, to tankers@platts.com and pricegroup@platts.com.