SUBSCRIBER NOTE: Platts proposes new Baltic-UK Continent MR clean tanker assessment

Platts proposes to launch a new clean Medium Range tanker freight rate assessment reflecting flows from the Baltic to UK Continent effective October 1, 2015.

The new daily assessment would aim to capture newly established supply trends of refined products out of the region following a significant increase in Russian exports of ultra-low-sulfur diesel from the Baltic region.

The new assessment would reflect modern MR tonnage.

The assessment would be published on a Worldscale basis to reflect how this route is most commonly traded.

Platts would also publish a dollars per metric ton value for this route.

BALTIC TO UK CONTINENT: This assessment would reflect the Baltic to UK Continent route for a clean MR tanker carrying a cargo of 40,000 mt.

The assessment would reflect loadings from Primorsk and discharge at ports including Amsterdam, Hamburg and Dunkirk.

This new assessment would be published in Platts Clean Tankerwire and PlattsTanker Alert page PGT 1910.

Please send all comments or questions by August 17 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.