20 Apr 2015 | 02:16 UTC — London

SUBSCRIBER NOTE: Platts amends Worldscale flat rate baskets for some West of Suez dirty tanker assessments

Following Worldscale Association circular number 17 for 2015, Platts will make further amendments to Worldscale flat rates baskets used for $/mt calculations in a number of dirty West of Suez tanker assessments, effective May 1, 2015.

These changes will be made in conjunction with amendments to routes listed on the subscriber titled "Platts amends Worldscale flat rate baskets for a number of dirty tanker assessments", published by Platts on April 16.

According to the Worldscale circular, flat rates that involve the port of Sullom Voe were changed "In light of new information regarding increased Port Tariffs".

With these amendments, the new flat rates involving Sullom Voe are obtained by adding $0.14 to all flat rates involving this port.

For dirty tanker assessments, Platts uses averages of the corresponding baskets of Worldscale flat rates as a basis for $/mt calculations for every route.

A full table showing affected Platts assessments, considering Worldscale flat rate amendments is provided below.

Please send all comments or questions to tankers@platts.com and pricegroup@platts.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.

CHANGES TO WORLDSCALE FLAT RATES BASKETS IN WEST OF SUEZ ASSESSMENTS

ASSESSMENT NAME CODE NEW $/MT BASKET VALUE

270kt UK Continent US Atlantic Coast TDACF00 16.42 270kt UK Continent US Gulf Coast TDACI00 22.08 270kt UK Continent EC Canada TDABX00 13.50 135kt UK Continent UK Continent TDACC00 7.88 135kt UK Continent Mediterranean TDABZ00 15.79 135kt UK Continent US Atlantic Coast TDACE00 16.42 135kt UK Continent US Gulf Coast TDACH00 22.08 135kt UK Continent EC Canada TDABW00 13.50 135kt UK Continent Caribbean TDABV00 19.49 80kt UK Continent UK Continent TDACD00 7.88 80kt UK Continent Mediterranean TDACB00 15.79 80kt UK Continent US Atlantic Coast TDACG00 16.42 80kt UK Continent US Gulf Coast TDACJ00 22.08 80kt UK Continent EC Canada TDABY00 13.50