Crude Oil, Maritime & Shipping, Wet Freight

May 20, 2025

Platts to amend Worldscale basket rate for Ras Tanura-related dirty and clean tanker routes from July 1, 2025

Following the recent Worldscale Association update to port fees for Saudi Arabia's Ras Tanura port, Platts, part of S&P Global Commodity Insights, will amend the Worldscale flat rate baskets used in $/mt calculations for 20 Ras Tanura-related dirty tanker assessments and 9 clean tanker assessments, effective July 1, 2025, details of which are as follows:

Dirty Tanker

Dirty Tanker Assessment NameDaily CodeMavg CodeOriginal Basket Flat Rate($/mt)Updated Basket Rate ($/mt)
Persian Gulf-E Asia 130ktPFAGK10PFAGK0323.3823.44
Persian Gulf-E Asia 270ktPFAOC00PFAPB0323.1323.18
Persian Gulf-E Asia 80ktPFAJD10PFAJD0320.4220.48
Persian Gulf-Japan 270ktAASEY00AASEY0323.9323.99
Persian Gulf-Med 140ktPFAGM10PFAGM0319.8319.88
Persian Gulf-Med 280ktPFANX00PFAPA0319.8119.87
Persian Gulf-UKC 140ktPFAGN10PFAGN0327.2527.30
Persian Gulf-UKC 280ktPFAOH00PFAPG0327.2327.28
Persian Gulf-Red Sea 270ktPFAOE00PFAPD0312.4012.45
Persian Gulf-Spore 270ktPFAOD00PFAPC0314.7114.76
Persian Gulf-South Korea 270ktAASFA00AASFA0322.6322.68
Persian Gulf-USGC 140ktPFAGL10PFAGL0343.6343.68
Persian Gulf-USGC 280ktPFAOG00PFAPF0343.6343.68
Persian Gulf-USWC 280ktPFBAC00PFBAC0339.7939.85
Persian Gulf-China 270KtAASLB00AASLB0322.1222.18
Persian Gulf-WC India 265ktTDAFD00TDAFD037.547.59
Persian Gulf-Med 140kt WSC Yr (Cape of Good Hope Routing)PGMDB00PGMDB0342.5042.55
Persian Gulf-Med 280kt WSC Yr (Cape of Good Hope Routing)PGUMD00PGUMD0342.4842.53
Persian Gulf-UKC 140kt WSC Yr (Cape of Good Hope Routing)PGUCT00PGUCT0342.5442.59
Persian Gulf-UKC 280kt WSC Yr (Cape of Good Hope Routing)PGUKC00PGUKC0342.5242.57

Clean Tanker

Clean Tanker Assessment NameDaily CodeMavg CodeOriginal Basket Flat Rate($/mt)Updated Basket Rate ($/mt)
AG-Japan 55ktPFAEY10PFAEY0323.7423.80
AG-Singapore 55ktPFAFB10PFAFB0314.2114.26
AG-South Korea 55ktPFAKN10AAAUJ0022.4122.47
AG-Singapore/Indonesia 80ktTCAEA00TCAEA0314.2114.26
AG-Japan 75ktPFAMT00PFAQB0323.7423.80
AG-South Korea 75ktPFAMU00PFAQC0322.4122.47
AG-Japan 35ktPFABN10PFABN0323.7423.80
AG-Singapore 35ktPFABQ00AAAUH0014.2114.26
AG-South Korea 35ktPFAKP10PFAQT0322.4122.47

Meanwhile, the Platts Dirty Tanker VLCC TCE flat rates will also be updated as necessary to reflect this amendment.

Please refer to the Worldscale website for more information.

These assessments appear in the Dirty Tankerwire, Clean Tankerwire, Dirty Tankerwire Monthly Clean Tankerwire Monthly and also in pages PGT2920, PGT2922, SHP0320, SHP0330, PGT2921, PG2923, SHP0321, SHP0331, 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, as well as 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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