Platts amends flat rate basket for Persian Gulf to US Gulf Coast dirty tanker routes

Following the Worldscale Association's update to LOOP terminal on the US Gulf Coast, Platts, part of S&P Global Commodity Insights, has amended the Worldscale flat rate basket used in $/mt calculations for the Persian Gulf to US Gulf Coast 280kt and 140kt dirty tanker assessments, effective Oct. 3, 2022.

With this amendment, the new average flat rate for the Persian Gulf US Gulf Coast 280kt and 140kt voyages is $40.86/mt. No clean tanker assessments are affected by this update.

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

The affected assessments are:

Assessment name
Daily code
Mavg code
Dirty Persian Gulf -US Gulf Coast 280kt $/mt
Dirty Persian Gulf -US Gulf Coast 140kt $/mt

These assessments appear in Platts Dirty Tankerwire, Oilgram Price Report and Latin American wire; on Platts Shipping Alert pages 440, 441 430, 431, and Platts Tanker Alert pages 2970, 2971, 2980, 2981; as well as in the Platts price database under the codes above.

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