Mediterranean Worldscale basket rates update, effective October 20

Effective October 20 and following a change in tariffs at the port of Batumi, Platts is updating its Mediterranean Worldscale basket flat rates for the FOB 0.1%, 0.2% and 10 ppm cargo assessments.

The Batumi-Genoa flat rate will increase from 11.05 to 11.26, and the Batumi-Lavera flat rate will increase from 11.76 to 11.97. For 0.2%, the basket rate will increase from 11.48 to 11.53.

For 0.1%, the basket rate will increase from 9.38 to 9.45. For 10 ppm, the basket rate will increase from 8.23 to 8.28.