SUBSCRIBER NOTE: Platts to discontinue Caribbean-EC Canada Aframax assessment

S&P Global Platts confirms it will discontinue the dirty Caribbean-East Coast Canada Aframax assessment, effective July 5, 2017.

The decision follows changes in the underlying market that have led to a significant drop in liquidity on the route assessed, including a significant decrease in crude exports from the Caribbean to EC Canada refineries.

The discontinuation was first proposed in a subscriber note published February 2, 2017 (http://www.platts.com/subscriber-notes-details/21778223).

The Caribbean-East Coast Canada Aframax assessment currently reflects 70,000 mt cargoes and is assessed on a Worldscale basis. As a result of the discontinuation, the assessment will no longer be published in the Dirty Tankerwire, on Platts Global Alert fixed page 1962 or in the price database under the code PFALV10. Related symbols for the equivalent $/mt value of the assessment (TDAAR00), the cargo size (PFALVSZ), as well as the monthly averages on a Worldscale and $/mt basis (AAAVZ00 and TDAAR03) will also be discontinued.

Please send all further comments or questions to tankers@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 to the public upon request.