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01 Oct 2015 | 01:15 UTC — London
Platts on October 1, 2015, is launching a new clean Medium Range tanker freight rate assessment reflecting flows from the Baltic to UK Continent, following its proposal note, published August 3, 2015.
The new daily assessment captures newly established supply trends of refined products out of the region following a significant increase in Russian exports of ultra-low-sulfur diesel from the Baltic region. The new assessment reflects modern MR tonnage.
The assessment is published on a Worldscale basis to reflect how this route is most commonly traded. Platts also publishes a dollars per metric ton value for this route.
BALTIC TO UK CONTINENT: This assessment reflects the Baltic to UK Continent route for a clean MR tanker carrying a cargo of 40,000 mt. The assessment reflects loadings from Primorsk and discharge at ports including Amsterdam, Hamburg and Dunkirk.
This new assessment is published in Platts Clean Tankerwire and Platts Tanker Alert page PGT 1910. 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.