SUBSCRIBER NOTE: Platts launches new Asia dirty tanker assessments

Reflecting growth in the supply and trading of fuel oil along new routes in the East of Suez tanker markets, Platts has launched three new assessments for the value of dirty Medium Range tanker freight. These assessments were first proposed by Platts in a subscriber note published on May 8, 2014. The new assessments -- East Coast India to Singapore; Singapore to Chittagong; and Singapore to Japan -- reflect strong market interest in dirty MR tankers, with almost 70 dirty MR tankers currently seen trading each month in Asia. The new assessments reflect modern MR tonnage. These assessments are published on a lump-sum basis and expressed as US dollars per voyage. The lump-sum assessments are also published in dollars per metric ton, which is calculated by dividing the primary lump-sum assessments by the cargo size reflected in the assessment. These new assessments can be found in Platts Dirty Tankerwire and Platts Global Alert, page 2970. Please send all further comments or questions to tankers@platts.com and pricegroup@platts.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.