Platts amends dirty tanker basket flat rates for UK-Continent transatlantic, Libya-Med freight assessments March 2

Following the recent Worldscale Association update to port fees for Tees River and Bouri, Platts, part of S&P Global Energy, has amended the Worldscale flat rate baskets used in $/mt calculations for its UK-Continent Transatlantic and Libya-Mediterranean dirty tanker assessments, effective March 2.

Following this amendment, the new average flat rates for the following assessments are:

Dirty UKC-USGC 80kt: $21.99/mt

Dirty UKC-USGC 135kt: $21.99/mt

Dirty UKC-USAC 80kt: $16.46/mt

Dirty UKC-USAC 135kt: $16.46/mt

Dirty UKC-ECC 80kt: $13.51/mt

Dirty Libya-Med 80kt: $7.70/mt

Please refer to the Worldscale website for more information on these updates.

The affected assessments are as follows:

Assessment: Daily Code, MAvg Code

Dirty UKC-USGC 80kt: TDACJ00, TDACJ03

Dirty UKC-USGC 135kt: TDACH00, TDACH03

Dirty UKC-USAC 80kt: TDACG00, TDACG03

Dirty UKC-USAC 135kt: TDACE00, TDACE03

Dirty UKC-ECC 80kt: TDABY00, TDABY03

Dirty Libya-Med 80kt: TDLMA00, TDLMA03

Platts has also amended the flat rate for the Dirty Tanker Teesport-Rotterdam Time Charter Equivalent assessments DSTAD00, DSTAC00, DSTAD03, DSTAC03. This change also impacts the Aframax Index and the Global Dirty Tanker Index as the Teesport-Rotterdam TCE is a component of the indices.

The affected assessments appear in Platts Dirty Tankerwire; on Platts Shipping Alert pages, 1420, 1421. 1430, 1431 and Platts Tanker Alert pages 1950, 1951, 1960, 1961; as well as in the Platts price database under the codes above.

Please send all comments or questions to shipping@spglobal.com and pricegroup@spglobal.com.

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