27 Jan 2012 | 01:03 UTC — London

Platts to end USWC-Japan 30kt assessment

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

These assessments have reflected a large flow of products from USWC to Japan. However, this no longer reflects an actively traded flow on this size cargo.

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:

PFAEK00 - 30kt USWC - Japan Lumpsum assessment TCACQ00 - 30kt USWC - Japan $/mt assessment AAAVD00 - 30kt USWC - Japan Lumpsum monthly average TCACQ03 - 30kt USWC - Japan $/mt monthly average

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