SUBSCRIBER NOTE: Platts amends Worldscale flat rate baskets for dirty tanker assessments

Following the Worldscale Association's publication of circular number 13 for 2018, S&P Global Platts will amend the Worldscale flat rates baskets used for $/mt calculations in a number of dirty tanker assessments, effective October 1, 2018.

According to the Worldscale Association circular, flat rates involving the transiting of the Bosporus were revised "in light of recent information regarding the introduction of new escort towage requirements for vessels transiting the Bosporus Strait".

With these amendments, the new flat rates for voyages involving the transiting of the Bosporus can be obtained by adding 16 cents/mt to all rates for voyages involving the strait.

For dirty tanker assessments, Platts uses averages of the corresponding baskets of Worldscale flat rates as a basis for $/mt calculations for every route. A full table showing affected Platts assessments, considering Worldscale flat rate amendments is provided below. Changes to Worldscale flat rates baskets for dirty tanker assessments

Assessment Code New $/mt basket value

Mediterranean East Coast Canada 135 TDABG00 12.88 Mediterranean East Coast Canada 80 TDABI00 12.88 Black Sea Mediterranean 135 TDADL00 8.12 Black Sea Mediterranean 140 TDAFI00 8.12 Black Sea US Gulf Coast 135 TDADM00 20.57 Black Sea US Atlantic Coast 135 TDADN00 17.56 Black Sea Mediterranean 80 TDADO00 7.91 Black Sea Mediterranean 30 TDADW00 9.09

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