Subscriber note: Platts to end 27.5kt Europe dirty tanker assessments

Platts proposes to discontinue a series of dirty tanker rate assessments for certain European fuel oil routes, reflecting changes in European supply flows that have made the routes less commonly used in the market. Under its proposal, Platts would discontinue the assessment of the following 27.5 kt dirty routes with effect from May 1, 2013: for Baltic-UK/Continent; UK/Continent-Mediterranean; and Cross Mediterranean (Med-Med). Platts would continue to assess the value of 30kt tankers moving across these routes. This note updates and supersedes an announcement from Platts published on June 18, 2012, when Platts initially proposed suspending its UK/Continent-Mediterranean 27.5kt dirty freight rate assessments. The following specific assessments, and associated data, would be discontinued from May 1, 2013. These assessments are published in the Platts Dirty Tankerwire, on Platts Global Alert page 946, and in Platts market data services:

Database code Assessment AAKXB00 Dirty Baltic-UKC Worldscale Basis (27.5kt) Daily AAKXG00 Dirty Baltic-UKC Worldscale Basis (27.5kt) Monthly Average AAKXM00 Dirty Baltic-UKC $/mt (27.5kt) Daily AAKXR00 Dirty Baltic-UKC $/mt (27.5kt) Monthly Average AAKXBSZ Dirty Baltic-UKC (27.5kt) cargo size AAKXD00 Dirty UKC-Med Worldscale Basis (27.5kt) Daily AAKXI00 Dirty UKC-Med Worldscale Basis (27.5kt) Monthly Average AAKXT00 Dirty UKC-Med $/mt (27.5kt) Daily AAKXO00 Dirty UKC-Med $/mt (27.5kt) Monthly Average AAKXDSZ Dirty UKC-Med (27.5kt) cargo size AAKXF00 Dirty Med-Med Worldscale Basis (27.5kt) Daily AAKXK00 Dirty Med-Med Worldscale Basis (27.5kt) Monthly Average AAKXQ00 Dirty Med-Med $/mt (27.5kt) Daily AAKXV00 Dirty Med-Med $/mt (27.5kt) Monthly Average AAKXFSZ Dirty Med-Med (27.5kt) cargo size

Please send all comments or questions by March 1, 2013 to tankers@platts.com and pricegroup@platts.com.