01 Feb 2022 | 11:06 UTC

Platts amends Worldscale basket rate for Med-USAC dirty tanker assessments

Following a Worldscale Association update to La Skhirra, Tunisia, port Jan. 18, S&P Global Platts has amended the Worldscale flat rate basket used in $/mt calculations for the Mediterranean to US Atlantic Coast 80,000 mt and 135,000 mt dirty tanker assessments, effective Feb. 1, 2022.

With this amendment, the new average flat rate for Mediterranean to USAC voyages is $15.38/mt.

A subscriber note announcing this change was published on Jan 20: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/012022-platts-to-amend-worldscale-basket-rate-for-mediterranean-to-usac-dirty-tanker-routes-from-feb-1

Please refer to the Worldscale website for more information.

The affected assessments are as follows:

Assessment Code Mavg

Dirty Med-USAC 135kt $/mt TDABP00 TDABP03

Dirty Med-USAC 80kt $/mt TDABR00 TDABR03

Clean tanker rates are not affected.

The affected assessments appear in Platts Dirty Tankerwire; on Platts Shipping Alert pages 430, 431, and Platts Tanker Alert pages 2970, 2971, as well as in the Platts price database under the codes above.

Please send all comments or questions to shipping@spglobal.com and pricegroup@spglobal.com

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.