SUBSCRIBER NOTE: Platts proposes new USGC-North Brazil clean tanker assessment

Platts proposes to launch a new clean Medium Range tanker freight rate assessment reflecting flows from US Gulf Coast to North Brazil, effective November 18, 2014. The assessment will aim to capture newly established supply trends of refined products out of the region following significant structural changes to the US oil industry. The assessment would reflect modern MR tonnage. The assessment would be published on a Worldscale basis to reflect how this route is most commonly traded. Platts would also publish a dollars per metric ton value for this route. US GULF COAST TO NORTH BRAZIL: This assessment would reflect the US Gulf Coast to North Brazil route for a clean MR tanker carrying a cargo of 38,000 mt. The assessment would reflect loadings from Houston and New Orleans and discharge at ports including Belem, Manaus and Sao Luis. This assessment would be published in Platts Clean Tankerwire and Platts Tanker Alert page PGT 1912. Please send all comments or questions by October 17 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.