01 Jul 2022 | 06:56 UTC

Platts amends 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, has amended the Worldscale flat rate baskets used in its $/mt calculations for six clean tanker routes from July 1, 2022.

A subscriber note announcing this change was published on May 25 : http://plts.co/9IWq30sn5jM

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

TCAEE00

19.32

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.

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