SUBSCRIBER NOTE: Platts amends Worldscale rate for Sullom Voe

Effective June 3, 2019, S&P Global Platts will amend the Worldscale rate for the Sullom Voe-Rotterdam freight route used in its CIF Rotterdam Brent Blend and CIF Rotterdam Dated Brent assessments.

The amendment follows the release of Worldscale Association circular number 23 on May 21 which revised the $/mt flat rates for all cargoes loading or discharging at the UK port of Sullom Voe.

Worldscale Association said it was resolving the flat rates to and from the port of Sullom Voe "in light of recent information regarding Towage and Consolidated Charge increases".

With the amendment, the new flat rate used for Sullom Voe-Rotterdam will be $8.68/mt.

Platts has also published a subscriber note detailing the effect of the changes on freight assessments.

The note will be available on www.spglobal.com. Please send all comments or questions to europe_crude@spglobal.com, europe_products@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.