Platts to amend dirty tanker, clean tanker basket flat rates, dirty tanker flat rate for Teeside-Rotterdam 80,000 mt route from May 1

Following a Worldscale Association update to Fawley, Tees River and London, Platts, part of S&P Global Commodity Insights, will amend the Worldscale flat rate baskets used in $/mt calculations for two of its clean tanker and eight of its dirty tanker routes effective May 1, 2023 as follows:

Platts will also amend the $/mt flat rate of the Teesside-Rotterdam 80,000 mt route incorporated in the Freight Adjustment Factor, effective May 1, 2023.

Please refer to Platts clarifies WTI Midland Freight Adjustment Factor (https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/042023-platts-clarifies-wti-midland-freight-adjustment-factor), for clarification of the FAF that will be used in Dated Brent.

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

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