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About Commodity Insights
02 Apr 2023 | 23:00 UTC
Following a Worldscale Association update for the port of Sullom Voe, Platts, part of S&P Global Commodity Insights, has amended the $/mt flat rate of the Sullom Voe-Rotterdam 80,000 mt route incorporated in the Freight Adjustment Factor, effective April 3, 2023.
Please refer to the Worldscale website for more information on its update.
The FAF is calculated from the 10-day rolling freight average of the Dirty Cross-UK/Continent 80,000 mt freight assessment as published in Platts Dirty Tankerwire and in the Platts Pricing Database under code TDUUW00.
A factor of 80% will be applied for all BFOE cargoes for the following five freight routes:
Sullom-Voe to Rotterdam
Hound Point to Rotterdam
Sture to Rotterdam
Teesside to Rotterdam
Mongstad to Rotterdam
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.