Platts amends dirty tanker flat rate for Hound Point-Rotterdam 80kt route from March 1

Following a Worldscale Association update for the port of Hound Point, Platts, part of S&P Global Commodity Insights, has amended the $/mt flat rate of the Hound Point-Rotterdam 80kt route incorporated in the Freight Adjustment Factor, effective March. 1, 2023.

Please refer to the Worldscale website for more information on its update.

The FAF is calculated from the 10-day rolling freight average of the Dirty Cross-UK/Continent 80,000 mt freight assessment as published in Platts Dirty Tankerwire and in the Platts Pricing Database under code TDUUW00.

A factor of 80% will be applied for all BFOE cargoes for the following five freight routes:

Sullom-Voe to Rotterdam

Hound Point to Rotterdam

Sture to Rotterdam

Teesside to Rotterdam

Mongstad to Rotterdam

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

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