Crude Oil, Maritime & Shipping, Wet Freight

May 01, 2025

Platts amends Worldscale basket rate for Basrah-related dirty tanker routes from May 1

Following the recent Worldscale Association update to port fees for Iraq's Basrah port, Platts, part of S&P Global Commodity Insights, has amended the Worldscale flat rate baskets used in $/mt calculations for 14 Basrah-related dirty tanker assessments, effective May 1, details of which are as follows:

Assessment NameDaily CodeMavg CodeOriginal Basket Flat RateUpdated Basket Flat Rate
Dirty Persian Gulf-E Asia 130ktTDAAA00TDAAA0323.3423.38
Dirty Persian Gulf-Med 140ktTDACY00TDACY0319.7919.83
Dirty Persian Gulf-Med 280ktTDADH00TDADH0319.7719.81
Dirty Persian Gulf-UKC 140ktTDAAD00TDAAD0327.2127.25
Dirty Persian Gulf-UKC 280ktTDAAE00TDAAE0327.1927.23
Dirty Persian Gulf-USGC 140ktTDAAM00TDAAM0343.5943.63
Dirty Persian Gulf-USGC 280ktTDADG00TDAAN0343.5943.63
Dirty Persian Gulf-USWC 280ktTDADG00TDAADG0339.7539.79
Dirty Persian Gulf-China 270KtAASLC00AASLC0322.0822.12
Dirty Persian Gulf-WC India 265ktTDAFH00TDAFH037.507.54
Dirty Persian Gulf-Med 140kt (Cape of Good Hope Routing)PGUKG00PGUKG0342.4642.50
Dirty Persian Gulf-Med 280kt (Cape of Good Hope Routing)PGUME00PGUME0342.4442.48
Dirty Persian Gulf-UKC 140kt (Cape of Good Hope Routing)PGUKF00PGUKF0342.5042.54
Dirty Persian Gulf-UKC 280kt (Cape of Good Hope Routing)PGUKB00PGUKB0342.4842.52

The Platts Dirty Tanker Suezmax TCE flat rates have also been updated as necessary to reflect this amendment.

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

These assessments appear in Platts Dirty Tankerwire, Oilgram Price Report and Latin American wire; on Platts Shipping Alert pages 431, 440, 441, 430, 499, 484, 480 and Platts Tanker Alert pages 2971, 2980, 2981, 2998, 2994, 2999; PGA 2999, PGA 0917, MH 2970; and in the Platts price database under the codes above.

Please send all comments or questions to shipping@spglobal.com and pricegroup@spglobal.com.

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