Platts proposes to include commission cost in global LNG freight route assessments for two-stroke carriers April 1

Platts, part of S&P Global Energy, proposes to include a commission cost in the global LNG freight route assessments for two-stroke carriers effective April 1.

Platts publishes daily spot charter rates for two-stroke (MEGI or X-DF) LNG carrier assessments under the benchmark names Atlantic LNG Day Rates (ATDR) and Asia Pacific LNG Day Rates (APDR).

At present, Platts publishes global LNG freight route cost assessments for two-stroke (MEGI or X-DF) carriers without any commission costs. Platts understands that commission cost accounts for 1.25% of the time charter day rate for these freight routes.

Therefore, Platts proposes to include a commission cost of 1.25% of the time charter day rate in the global LNG freight route cost assessments for two-stroke carriers.

The Platts Global LNG Freight Costs - Two Stroke Daily Assessments appear in the LNG Daily publication and on the fixed page SHP1268.

The Atlantic Basin assessments follow the London calendar, while the Pacific Basin assessments follow the Singapore calendar.

Please send any feedback, comments, or questions by Feb. 27 to shipping@spglobal.com and pricegroup@spglobal.com

For written comments, please provide a clear indication if the 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 to the public upon request.