SUBSCRIBER NOTE: Platts amends dirty Worldscale flat rate baskets

Following the Worldscale Association circular No. 5 for the year 2016, Platts will make further amendments to the Worldscale flat rates baskets that are used for $/mt calculations in a number of dirty Americas tanker assessments, effective February 8, 2016.

According to the Worldscale circular, flat rates that involve the port of Puerto La Cruz were changed "after review of the Puerto La Cruz Variable Differential." With this amendment the average terminal charges for cargoes loading at Puerto La Cruz increase by $0.20/mt from $1.00/mt to $1.20/mt.

For dirty tanker assessments, Platts uses averages of the corresponding baskets of Worldscale flat rates as a basis for $/mt calculations for every route. A full table showing affected Platts assessments, considering Worldscale flat rate amendments is provided below.

Please send all 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.

CHANGES TO WORLDSCALE FLAT RATES BASKETS IN AMERICAS ASSESSMENTS

ASSESSMENT NAME CODE NEW $/MT BASKET VALUE 140kt Caribbean Caribbean TDCAR00 4.46 130kt Caribbean UK Continent TDAAU00 14.82 130kt Caribbean Mediterranean TDAAS00 14.96 130kt Caribbean US Atlantic Coast TDAAW00 9.02 130kt Caribbean US Gulf Coast TDAAZ00 8.44 70kt Caribbean US Atlantic Coast TDAAY00 9.02 70kt Caribbean US Gulf Coast TDABB00 8.44 70kt Caribbean East Coast Canada TDAAR00 9.36 70kt Caribbean UK Continent TDUKC00 14.82 70kt Caribbean Mediterranean TDMED00 14.96 50kt Caribbean US Atlantic Coast TDAAX00 9.02 50kt Caribbean US Gulf Coast TDABA00 8.44