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Crude Oil, Maritime & Shipping, Wet Freight
May 01, 2025
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 Name | Daily Code | Mavg Code | Original Basket Flat Rate | Updated Basket Flat Rate |
Dirty Persian Gulf-E Asia 130kt | TDAAA00 | TDAAA03 | 23.34 | 23.38 |
Dirty Persian Gulf-Med 140kt | TDACY00 | TDACY03 | 19.79 | 19.83 |
Dirty Persian Gulf-Med 280kt | TDADH00 | TDADH03 | 19.77 | 19.81 |
Dirty Persian Gulf-UKC 140kt | TDAAD00 | TDAAD03 | 27.21 | 27.25 |
Dirty Persian Gulf-UKC 280kt | TDAAE00 | TDAAE03 | 27.19 | 27.23 |
Dirty Persian Gulf-USGC 140kt | TDAAM00 | TDAAM03 | 43.59 | 43.63 |
Dirty Persian Gulf-USGC 280kt | TDADG00 | TDAAN03 | 43.59 | 43.63 |
Dirty Persian Gulf-USWC 280kt | TDADG00 | TDAADG03 | 39.75 | 39.79 |
Dirty Persian Gulf-China 270Kt | AASLC00 | AASLC03 | 22.08 | 22.12 |
Dirty Persian Gulf-WC India 265kt | TDAFH00 | TDAFH03 | 7.50 | 7.54 |
Dirty Persian Gulf-Med 140kt (Cape of Good Hope Routing) | PGUKG00 | PGUKG03 | 42.46 | 42.50 |
Dirty Persian Gulf-Med 280kt (Cape of Good Hope Routing) | PGUME00 | PGUME03 | 42.44 | 42.48 |
Dirty Persian Gulf-UKC 140kt (Cape of Good Hope Routing) | PGUKF00 | PGUKF03 | 42.50 | 42.54 |
Dirty Persian Gulf-UKC 280kt (Cape of Good Hope Routing) | PGUKB00 | PGUKB03 | 42.48 | 42.52 |
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.
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.