Platts updates freight in SAF FOB Straits assessment

Platts, part of S&P Global Commodity Insights, has updated the freight rate used for its SAF FOB Straits, neat sustainable aviation fuel freight netback assessment, effective Dec. 13.

Platts has updated the freight rate utilized for this assessment to Rotterdam-SE Asia 5 kt Weekly (AARJE00) and a market-based differential, to reflect the Singapore/Straits to Northwest Europe freight. Platts previously used Clean Tanker Carbon-Accounted Medium Range 40kt Arab Gulf-UKC lump sum (ABNAY00) and the Arab Gulf-UK Continent 40kt Cape of Good Hope Differential $/lsm (ACGHG00) for the freight calculation.

This update comes following a discontinuation of the Clean Tanker Carbon-Accounted Medium Range 40kt Arab Gulf-UKC lump sum (ABNAY00) and the Arab Gulf-UK Continent 40kt Cape of Good Hope Differential $/lsm (ACGHG00).

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