Platts to rename its Carbon Accounted Base rates June 16

Platts, part of S&P Global Commodity Insights, will change the description of its 1,646 Carbon Accounted Base Rates calculated based on conventional marine fuel and 1,646 Carbon Accounted Base Rates calculated based on LNG fuel (both yearly and dynamic) by replacing "carbon accounted" with "Carbon-Inclusive," effective June 16, 2025.

This change aims to provide greater clarity and transparency regarding the descriptions of the assessments by reflecting the inclusion of carbon emissions costs in the Base Rate of each assessed route.

The calculation methodology remains unchanged. The Carbon-Inclusive Base Rates continue reflecting a round voyage cost of transporting liquid cargo, including port costs, total hire, fuel consumption, and EUA charges, measured in USD per metric ton of cargo, for the assessed routes as stated in the corresponding launch subscriber notes:

Platts launches yearly, dynamic carbon-accounted base rates, EUA charges for assessed routes | S&P Global(opens in a new tab)

Platts launches yearly, dynamic LNG carbon-accounted base rates and EUA charges for assessed routes | S&P Global(opens in a new tab)

All Base Rates assessments appear on Platts Connect.

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

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Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.