Platts to amend Worldscale flat rate for Arab Gulf to Singapore route from Nov 1

Following a Worldscale Association update to Bahrain port, S&P Global Platts will amend the Worldscale flat rate basket used in its $/mt calculations for the Arab Gulf to Singapore 80kt clean tanker assessment, effective Nov. 1, 2021.

With this amendment, the new average flat rate for the Arab Gulf to Singapore 80kt voyage will be $12.43/mt. Please refer to the Worldscale website for more information.

The affected assessment is as follows:

Assessment Code Mavg

Clean Arab Gulf to Singapore 80kt $/mt TCAEB00 TCAEB03

No other clean tanker rates are affected by this update.

These assessments appear in Platts Clean Tankerwire publication, Platts Tanker Alert pages 2922, 2923, Platts Shipping Alert pages 330, 331, as well as in the Platts price database under the codes above.

Please send all comments or questions to shipping@spglobal.com and pricegroup@spglobal.com

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