27 Apr 2023 | 16:35 UTC

Platts to amend clean tanker basket flat rates involving the port of Mumbai from May 1

Following a Worldscale Association update to Mumbai, India, Platts, part of S&P Global Commodity Insights, will amend the Worldscale flat rate baskets used in $/mt calculations for five of its East of Suez clean tanker routes effective May 1, 2023 as follows:

Assessment Name
Code
MAvg
Current Avg $/mt Basket Flat Rate
Avg $/mt Basket Flat Rate from May 1
Clean Arab Gulf-West Coast India 55kt
TCAAG00
TCAAG03
9.16
9.20
Clean Arab Gulf-West Coast India 35kt
TCAAF00
TCAAF03
9.16
9.20
Clean West Coast India-Singapore 35kt
TCAEC00
TCAEC03
12.24
12.28
Clean West Coast India-Japan 35kt
TCAEE00
TCAEE03
23.15
23.19
Clean West Coast India-South Korea 35kt
TCAEG00
TCAEG03
21.56
21.60

Please refer to the Worldscale website for more information on its update.

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