SUBSCRIBER NOTE: Platts discontinues Caribbean-EC Canada Aframax assessment

S&P Global Platts has discontinued the dirty Caribbean-East Coast Canada Aframax assessment, effective July 5, 2017.

The discontinuation follows changes in the underlying market that have led to a significant drop in liquidity on the route assessed, including a significant decrease in crude exports from the Caribbean to EC Canada refineries.

The discontinuation was first proposed in a subscriber note published February 2, 2017 https://www.platts.com/subscriber-notes-details/21778223.

The Caribbean-East Coast Canada Aframax assessment reflected 70,000 mt cargoes and was assessed on a Worldscale basis. As a result of the discontinuation, the assessment is no longer published in the Dirty Tankerwire, on Platts Global Alert fixed page 1962 or in the price database under the code PFALV10. Related symbols for the equivalent $/mt value of the assessment (TDAAR00), the cargo size (PFALVSZ), as well as the monthly averages on a Worldscale and $/mt basis (AAAVZ00 and TDAAR03) also have been discontinued.

Please send any further comments or questions to tankers@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 to the public upon request.