SUBSCRIBER NOTE: Platts to change flat rates used in PG-Far East VLCC assessment

S&P Global Platts will amend the current basket of three Worldscale flat rates used to calculate the Persian Gulf-Far East VLCC dirty tanker freight assessment in $/mt (TDAAB00) effective March 26. The change will reflect the current flow of crude oil from the Persian Gulf to the Far East. The change in the flat rates is as follows:

CURRENT: Ras Tanura - Kaohsiung (via: Quoin Island) Mina al-Ahmadi - Dalian (via: Quoin Island) Kharg Island - Sriracha (via: Quoin Island) Existing average of the three flat rates: $12.32/mt

NEW: Ras Tanura - Yeosu (via: Quoin Island) Mina al-Ahmadi - Ningbo (via: Quoin Island) Kharg Island - Chiba (via: Quoin Island) New average of the three flat rates: $16.99/mt

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

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