SUBSCRIBER NOTE: Platts proposes to launch two new LR2 clean tanker assessments

Platts proposes to launch two new Long Range 2 clean tanker assessments from the Mediterranean to Japan and South Korea, effective February 1, 2016.

The new assessments would reflect established trade routes for naphtha from the Mediterranean region, and would be based on modern LR2 tonnage.

The assessments would be published on a lump-sum basis and expressed as US dollars per voyage, to reflect how these routes are traded. Platts would also publish the equivalent US dollar per metric ton value for this route.

MEDITERRANEAN TO JAPAN: This assessment would reflect the Mediterranean to Japan route for a clean LR2 tanker carrying a cargo of 80,000 mt. The assessment would reflect loadings from Mediterranean ports such as Milazzo and Skikda and discharge at Japanese ports including Chiba, Yokkaichi and Yokohama.

MEDITERRANEAN TO SOUTH KOREA: This assessment would reflect the Mediterranean to South Korea route for a clean LR2 tanker carrying a cargo of 80,000 mt. The assessment would reflect loadings from Mediterranean ports such as Milazzo and Skikda and discharge at South Korean ports including Daesan and Ulsan.

Please send all comments or questions by December 14, 2015 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 to the public upon request.