S&P Global to amend Worldscale basket rate for three UK dirty tanker assessments

Following a Worldscale Association update to Sullom Voe, the UK, S&P Global Commodity Insights will amend the Worldscale flat rate baskets used in the $/mt calculations for three 80,000 mt dirty tanker assessments effective May 3.

Please refer to the Worldscale website for more information.

The affected assessments are:

Assessment Daily Code Mavg Code New basket rate

Dirty UKC-Med 80kt $/mt TDACB00 TDACB03 14.75

Dirty UKC-UKC 80kt $/mt TDACD00 TDACD03 7.51

In addition, the basis rate used to calculate the Dirty Sullom Voe-Rotterdam 80,000 mt $/mt assessment (Daily Code: TDSVR00; Mavg Code: TDSVR03) will be the Worldscale 2022 flat rate between the relevant ports, as published by the Worldscale Association.

Clean tanker rates are not affected.

The affected assessments appear in Platts Dirty Tankerwire; on Platts Shipping Alert pages 1430, 1431, 0410, 0100 and Platts Tanker Alert pages 1960, 1983, 1984, 1961; as well as in the S&P Global 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 S&P Global for public viewing. S&P Global will consider all comments received and will make comments not marked as confidential available upon request.