16 Dec 2014 | 12:42 UTC — London

SUBSCRIBER NOTE: Platts to end some UKC, Med, Black Sea, Caribbean clean tanker assessments

Following feedback to a September 2014 proposal, Platts confirms it will discontinue on April 1, 2015, a series of assessments for clean tanker spot market rates in markets where the movement of clean petroleum products has changed substantially or no longer occurs.

These assessments reflect certain shipping routes and sizes from the UK Continent, Mediterranean, Black Sea and Caribbean to various destinations. The proposed discontinuations reflect the fact that clean petroleum products flows have changed significantly in the market at large, and these routes no longer reflect most typical trading patterns.

A full table showing affected assessments is provided below. 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.

DISCONTINUATIONS FROM UKC ORIGIN POINTS CODE ASSESSMENT PFAMW00 Clean UKC-South America MR Lumpsum Basis (30kt) Daily PFARU03 Clean UKC-South America MR Lumpsum Basis (30kt) MAVG TCACD00 Clean UKC-South America MR $/mt (30kt) Daily TCACD03 Clean UKC-South America MR $/mt (30kt) MAVG PFAMWSZ Clean UKC-South America MR cargo size PFAMN00 Clean UK Continent-UK Continent LR Worldscale Basis (60kt) Daily PFARP03 Clean UK Continent-UK Continent LR Worldscale Basis (60kt) MAVG TCABW00 Clean UK Continent-UK Continent LR $/mt (60kt) Daily TCABW03 Clean UK Continent-UK Continent LR $/mt (60kt) MAVG PFAMNSZ Clean UK Continent-UK Continent LR cargo size PFAMO00 Clean UK Continent-Mediterranean LR Worldscale Basis (60kt) Daily PFARQ03 Clean UK Continent-Mediterranean LR Worldscale Basis (60kt) MAVG TCABU00 Clean UK Continent-Mediterranean LR $/mt (60kt) Daily TCABU03 Clean UK Continent-Mediterranean LR $/mt (60kt) MAVG PFAMOSZ Clean UK Continent-Mediterranean LR cargo size

DISCONTINUATIONS FROM MED AND BLACK SEA ORIGIN POINTS CODE ASSESSMENT PFALA10 Clean Med-South America MR Lumpsum Basis (30kt) Daily AAAUS00 Clean Med-South America MR Lumpsum Basis (30kt) MAVG TCACH00 Clean Med-South America MR $/mt (30kt) Daily TCACH03 Clean Med-South America MR $/mt (30kt) MAVG PFALASZ Clean Med-South America MR cargo size PFALB10 Clean Black Sea-South America MR Lumpsum Basis (30kt) Daily AAAUO00 Clean Black Sea-South America MR Lumpsum Basis (30kt) MAVG TCACJ00 Clean Black Sea-South America MR $/mt (30kt) Daily TCACJ03 Clean Black Sea-South America MR $/mt (30kt) MAVG PFALBSZ Clean Black Sea-South America MR cargo size

DISCONTINUATIONS FROM CARIBBEAN ORIGIN POINTS CODE ASSESSMENT PFAMY00 Clean Caribbean-South America MR Worldscale Basis (38kt) Daily PFAQJ03 Clean Caribbean-South America MR Worldscale Basis (38kt) MAVG TCACN00 Clean Caribbean-South America MR $/mt (38kt) Daily TCACN03 Clean Caribbean-South America MR $/mt (38kt) MAVG PFAMYSZ Clean Caribbean-South America MR cargo size