S&P Global amends Worldscale basket rate for three UK dirty tanker assessments from May 3

Following a Worldscale Association update to Sullom Voe, UK, S&P Global Commodity Insights has amended the Worldscale flat rate baskets used in the $/mt calculations for three 80,000 mt dirty tanker assessments, effective May 3, 2022.

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

The affected assessments are:

Assessment Daily Code Mavg Code New basket rate

Dirty UKC-Med 80kt $/mt TDACB00 TDACB03 14.75

Dirty UKC-UKC 80kt $/mt TDACD00 TDACD03 7.51

In addition, the basis rate used to calculate the Dirty Sullom Voe-Rotterdam 80,000 mt $/mt assessment (Daily Code: TDSVR00; Mavg Code: TDSVR03) has been updated to the new Worldscale 2022 flat rate between the relevant ports, as published by the Worldscale Association.

Clean tanker rates have not been affected.

The affected assessments appear in Platts Dirty Tankerwire; on Platts Shipping Alert pages 1430, 1431, 0410, 0100 and Platts Tanker Alert pages 1960, 1983, 1984, 1961; as well as in the S&P Global price database under the codes above.

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

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