26 Mar 2019 | 13:53 UTC — London

SUBSCRIBER NOTE: Platts amends Worldscale baskets for 11 clean tanker assessments

Following Worldscale Association circular number 19 for 2019, S&P Global Platts will amend the Worldscale flat rate baskets used for $/mt calculations in eleven clean tanker assessments, effective Monday, April 1, 2019.

According to the Worldscale circular: "In light of recent information regarding compulsory Standby tug requirements and towage costs at Antifer (Havre rates apply) the Associations find it necessary to amend all rates involving loading or discharging at Havre".

With this amendment, the new flat rate for voyages involving the French port of Le Havre is obtainable by deducting 10 cents/mt.

For Worldscale tanker assessments, Platts uses baskets of Worldscale flat rates as a basis for $/mt calculations.

The affected Platts assessments are:

Assessment name Code New $/mt Basket value 60 UK Continent Mediterranean TCABU00 11.56 60 UK Continent UK Continent TCABW00 6.23 60 UK Continent US Atlantic Coast TCABY00 14.88 60 UK Continent US Gulf TCABZ00 19.52 30 Black Sea UK Continent TCAAQ00 16.05 30 Mediterranean UK Continent TCABA00 11.34 30 UK Continent Mediterranean TCABT00 11.66 37 UK Continent US Atlantic Coast TCABX00 14.88 37 UK Continent US Gulf TCACA00 19.52 37 UK Continent West Africa TCACB00 14.86 60 UK Continent West Africa TCAFN00 14.86

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