SUBSCRIBER NOTE: Platts amends Singapore-Australia 30,000 mt clean MR tanker assessment methodology

Following a period of industry consultation and feedback, S&P Global Platts has amended the methodology for its Singapore-Australia 30,000 mt Clean Medium Range tanker assessment from August 1, 2018. Platts has started assessing the 30,000 mt freight as a prorated value of its 35,000 mt clean medium range tanker assessment.

Platts had proposed to discontinue the 30kt assessment in a subscriber note published February 26, 2018. (https://www.platts.com/subscriber-notes-details/21414916)

Platts launched the new Singapore-Australia 35kt clean MR tanker assessment April 2, 2018, following changes in the market towards larger cargo sizes. (https://www.platts.com/subscriber-notes-details/27947944)

Platts continues to seek feedback on discontinuation of the 30,000 mt Singapore-Australia clean medium range tanker assessment amid declining liquidity in this market.

Please send any comments, feedback or questions to shipping@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if they are not intended for publication by Platts for public viewing.

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