04 Mar 2015 | 05:04 UTC — Houston

SUBSCRIBER NOTE: Change to Americas tankers Market on Close timing

Platts proposes to change the Americas tanker assessments for both the clean and dirty markets to reflect the transactable value at 2:15 pm Houston time from May 15, 2015.

The Americas clean and dirty tanker assessments currently reflect the transactable value at 4:30 pm London time, in line with the other West of Suez tanker assessments.

The proposed change is part of an expansion of freight coverage in the Americas, and reflects the growing liquidity of the Americas tanker markets.

The change will also bring the Americas tanker assessments in line with the US oil assessments, which currently reflect the transactable value of crude oil and refined oil products at 2:15 pm Houston time.

The Americas clean tanker assessments appear in the Clean Tankerwire and on Platts Global Alert pages 1912 and 1924, while the Americas dirty tanker assessments appear in the Dirty Tankerwire and on Platts Global Alert pages 1972 and 1962.

Platts requests all comments and questions on this proposal by March 31, 2015 to Platts editors at tankers@platts.com, with a cc to pricegroup@platts.com.

For written comments, please provide a clear indication if the comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make written comments not marked as confidential available upon request.