25 May 2022 | 05:43 UTC

Platts to amend Worldscale basket rate for 6 Asia clean tanker assessments

Following a Worldscale Association update to Mumbai port, Platts, part of S&P Global Commodity Insights, will amend the Worldscale flat rate baskets used in its $/mt calculations for six clean tanker routes from July 1, 2022.

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

The affected assessments are:

Assessment name
Daily Code
Mavg Code
New basket rate ($/mt)
Arab Gulf - West Coast India 35Kt $/mt
TCAAF00
TCAAF03
7.57
Red Sea - West Coast India 35Kt $/mt
TCABI00
TCABI03
10.08
West Coast India - South Korea 35Kt $/mt
TCAEG00
TCAEG03
17.83
West Coast India - Singapore 35Kt $/mt
TCAEC00
TCAEC03
10.06
West Coast India- Japan 35Kt $/mt
TCAEE00
TCAEE03
19.32
Clean Arab Gulf -West Coast India 55Kt $/mt
TCAAG00
TCAAG03
7.57

These assessments appear in Platts Clean Tankerwire and Clean Tankerwire Monthly; on Platts Tanker Alert pages 2922, 2923 and Platts Shipping Alert pages 330, 331; 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.

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.