31 Aug 2022 | 23:00 UTC

Platts amends Worldscale basket rate for Black Sea-Mediterranean, cross-Mediterranean dirty tanker routes from Sep 1

Following a Worldscale Association update to Gibraltar, Platts, part of S&P Global Commodity Insights, has amended the Worldscale flat rate basket used in $/mt calculations for the Black Sea to the Mediterranean and the Mediterranean to the Mediterranean 30,000 mt dirty tanker assessments, effective Sept. 1, 2022.

With this amendment, the new average flat rate for the Black Sea-Mediterranean and Mediterranean-Mediterranean voyages will be $11.13/mt and $6.98/mt, respectively.

Please refer to the Worldscale website for more information.

The affected assessments are:

Assessment Code Mavg

Dirty Black Sea to Mediterranean 30kt $/mt TDADW00 TDADW03

Dirty Mediterranean to Mediterranean 30kt $/mt TDADX00 TDADX03

Clean tanker rates have not been affected.

The affected assessments appear in Platts Dirty Tankerwire; on Platts Shipping Alert pages 1420, 1421 and Platts Tanker Alert pages 1950, 1951; as well as in the Platts price database under the codes above.

Please send any further comments or questions to shipping@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 upon request.