18 May 2015 | 04:22 UTC — London

SUBSCRIBER NOTE: Platts to end some Med, UKC VLCC dirty tanker assessments

Following a proposal published on October 16, 2014, Platts confirms it will discontinue a series of assessments for dirty tanker spot market rates in markets where the movement of crude and fuel oil has changed substantially or no longer occurs.

Platts will discontinue the routes proposed, with the exception of Dirty Mediterranean-Mediterranean VLCC, which Platts will continue to review. The discontinuations will be in effect from January 1, 2016.

The planned discontinuations, which reflect VLCC routes from the Mediterranean and UK Continent to various destinations, reflect that oil flows have changed significantly in the market at large, and these routes no longer reflect most typical trading patterns.

A full table showing affected assessments is provided below. Please send any comments, questions and feedback to Platts editors at tankers@platts.com with a cc to 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 written comments not marked as confidential available upon request.

CONFIRMED DISCONTINUATIONS FROM MED ORIGIN POINTS

CODE ASSESSMENT

PFAOK00 Dirty Mediterranean-USAC VLCC Worldscale (260kt) Daily

PFAPL03 Dirty Mediterranean-USAC VLCC Worldscale (260kt) MAVG

TDABQ00 Dirty Mediterranean-USAC VLCC $/mt (260kt) Daily

TDABQ03 Dirty Mediterranean-USAC VLCC $/mt (260kt) MAVG

PFAOKSZ Dirty Mediterranean-USAC VLCC cargo size

PFAOJ00 Dirty Mediterranean-US Gulf Coast VLCC Worldscale (260kt) Daily

PFAPK03 Dirty Mediterranean-US Gulf Coast VLCC Worldscale (260kt) MAVG

TDABT00 Dirty Mediterranean-US Gulf Coast VLCC $/mt (260kt) Daily

TDABT03 Dirty Mediterranean-US Gulf Coast VLCC $/mt (260kt) MAVG

PFAOJSZ Dirty Mediterranean-US Gulf Coast VLCC cargo size

PFAOX00 Dirty Mediterranean-East Coast Canada VLCC Worldscale (260kt) Daily

PFAPN03 Dirty Mediterranean-East Coast Canada VLCC Worldscale (260kt) MAVG

TDABH00 Dirty Mediterranean-East Coast Canada VLCC $/mt (260kt) Daily

TDABH03 Dirty Mediterranean-East Coast Canada VLCC $/mt (260kt) MAVG

PFAOXSZ Dirty Mediterranean-East Coast Canada VLCC cargo size



CONFIRMED DISCONTINUATIONS FROM UKC ORIGIN POINTS

CODE ASSESSMENT

PFAOU00 Dirty UK Continent-US Atlantic Coast VLCC Worldscale (270kt) Daily

PFAPP03 Dirty UK Continent-US Atlantic Coast VLCC Worldscale (270kt) MAVG

TDACF00 Dirty UK Continent-US Atlantic Coast VLCC $/mt (270kt) Daily

TDACF03 Dirty UK Continent-US Atlantic Coast VLCC $/mt (270kt) MAVG

PFAOUSZ Dirty UK Continent-US Atlantic Coast VLCC cargo size

PFAOV00 Dirty UK Continent-US Gulf Coast VLCC Worldscale (270kt) Daily

PFAPQ03 Dirty UK Continent-US Gulf Coast VLCC Worldscale (270kt) MAVG

TDACI00 Dirty UK Continent-US Gulf Coast VLCC $/mt (270kt) Daily

TDACI03 Dirty UK Continent-US Gulf Coast VLCC $/mt (270kt) MAVG

PFAOVSZ Dirty UK Continent-US Gulf Coast VLCC cargo size

PFAOT00 Dirty UK Continent-East Coast Canada VLCC Worldscale (270kt) Daily

PFAPO03 Dirty UK Continent-East Coast Canada VLCC Worldscale (270kt) MAVG

TDABX00 Dirty UK Continent-East Coast Canada VLCC $/mt (270kt) Daily

TDABX03 Dirty UK Continent-East Coast Canada VLCC $/mt (270kt) MAVG

PFAOTSZ Dirty UK Continent-East Coast Canada VLCC cargo size



TO REMAIN UNDER REVIEW (MED ORIGIN POINTS)

CODE ASSESSMENT

PFAOL00 Dirty Mediterranean-Mediterranean VLCC Worldscale (260kt) Daily

PFAPM03 Dirty Mediterranean-Mediterranean VLCC Worldscale (260kt) MAVG

TDABK00 Dirty Mediterranean-Mediterranean VLCC $/mt (260kt) Daily

TDABK03 Dirty Mediterranean-Mediterranean VLCC $/mt (260kt) MAVG

PFAOLSZ Dirty Mediterranean-Mediterranean VLCC cargo size