SUBSCRIBER NOTE: Platts launches USGC-North Brazil clean tanker assessment

Platts on November 24, 2014 has launched a new clean Medium Range tanker freight rate assessment reflecting flows from US Gulf Coast to North Brazil, following a proposal to do so published in October.

The new assessment captures newly established supply trends of refined products out of the region following significant structural changes to the US oil industry. 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.

US GULF COAST TO NORTH BRAZIL: This assessment reflects the US Gulf Coast to North Brazil route for a clean MR tanker carrying a cargo of 38,000 mt. The assessment reflects loadings from Houston and New Orleans and discharge at ports including Manaus, Belem and Sao Luis.

This new assessment is published in Platts Clean Tankerwire and Platts Tanker Alert page PGT 1912. 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.