08 Mar 2021 | 19:35 UTC — New York

Platts to amend Worldscale rates for 145,000 mt, 70,000 mt USGC-UKC routes from April 1

Following a Worldscale Association update to the UK's Fawley port, S&P Global Platts will amend the Worldscale flat rate basket used in $/mt calculations for the 145,000 mt and 70,000 mt US Gulf Coast-to-UK Continent dirty tanker assessments, effective April 1, 2021.

With this amendment, the new average flat rates for the 145,000 mt USGC-to-UKC and the 70,000 mt USGC-to-UKC voyages will be $16.59/mt and $17.04/mt, respectively.

Please refer to the Worldscale website for more information.

The affected assessments are as follows:

Assessment name
Code
Mavg
Dirty USGC-UKC 145kt
TDUKW00
TDUKW03
Dirty USGC-UKC 70kt
TDUCF00
TDUCF03

These assessments appear in Platts Dirty Tankerwire; on Platts Shipping Alert pages 2440, 2430, 2441 and 2431 and Platts Tanker Alert pages 1972, 1962, 1973 and 1963; and 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.