Maritime & Shipping

March 26, 2024

Platts to amend dirty tanker basket flat rates for cross-UKC Aframax and West Africa-Far East VLCC, Suezmax assessments April 1

Following a Worldscale Association update for the Ports of Flotta and Djeno, Platts, part of S&P Global Commodity Insights, will amend the Worldscale flat rate baskets used in the $/mt calculations for its 80,000 mt cross-UK/Continent Aframax and West Africa-Far East 260,000 mt and 130,000 mt dirty tanker assessments, effective April 1.

Following this amendment, the new average flat rates for the following assessments will be:

Dirty cross-UK/Continent 80,000 mt: $9.79/mt

Dirty West Africa-Far East 260,000 mt: $35.75/mt

Dirty West Africa-Far East 130,000 mt: $35.75/mt

Please refer to the Worldscale website for more information on these updates.

The affected assessments are:

Assessment, Daily Code, Mavg Code

Dirty cross-UK/Continent 80,000 mt: TDACD00, TDACD03

Dirty West Africa-Far East 260,000 mt: TDACN00, TDACN03

Dirty West Africa-Far East 130,000 mt: TDACM00, TDACM03

The affected assessments appear in Platts Dirty Tankerwire; on Platts Shipping Alert pages 1430, 1431, 1440, 1441 and Platts Tanker Alert pages 1960, 1961, 1970, 1971; as well as 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.