Platts to amend Worldscale basket rate for Aframax Caribbean-USAC, Caribbean-to-UKC/Med routes from Oct. 3

Following a Worldscale Association update to St. Lucia (Caribbean Sundry Island), Platts, part of S&P Global Commodity Insights, will amend the Worldscale flat rate baskets used in $/mt calculations for the Aframax 70kt Caribbean-to-US Atlantic Coast and Caribbean-to-UK Continent/Mediterranean routes, effective Oct. 3, 2022.

With this amendment, the new average flat rates for the Aframax 70kt Caribbean-to-USAC, Caribbean-to-UKC and Caribbean-to-Mediterranean routes will be $8.94/mt, $15.54/mt and $17.11/mt, respectively.

Please refer to the Worldscale website for more information on its update.

The affected assessments are:

Assessment Name
Dirty Caribbean-US Atlantic Coast 70kt
Dirty Caribbean-UK Continent 70kt
Dirty Caribbean-Mediterranean 70kt

Clean tanker rates are not affected by this change.

The affected assessments appear in Platts Dirty Tankerwire and Platts Dirty Tankerwire Monthly; on Platts Shipping Alert pages 2430, 2431 and Platts Tanker Alert pages 1962, 1963; as well as in the Platts price database under the codes above.

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