Platts proposes to update several basket flat rates for clean tanker freight assessments, Jan. 4, 2027

Platts, part of S&P Global Energy, proposes to change the basket of routes used in the dollar per metric ton calculations for several clean tanker freight assessments to ensure the port combinations reflected in the equivalent $/mt assessments remain representative of current market conditions, effective Jan. 4, 2027.

In markets where freight is traded on a Worldscale basis, Platts also publishes equivalent $/ mt freight rates, based on a basket of Worldscale flat rates comprising several key routes between the two regions specified in the assessment.

The proposed modifications are designed to enhance the accuracy of Platts tanker freight assessments by aligning the basket composition with the most representative international liquid route combinations in the West of Suez clean tanker market.

Effective Jan. 4, 2027, the following freight assessments would reflect the most representative port combinations based on quantitative and qualitative feedback gathered by Platts, part of S&P Global Energy.

Assessment	Codes	Current Flat-rate basket	Proposed flat-rate basket
Black Sea–Mediterranean 30kt	TCAAP00 and TCAAP03	Bourgas–Beirut	Kulevi–Marsaxlokk
		Bourgas–Alexandria	Bourgas–Alexandria
		Constantza–Beirut	Constantza–Vassiliko
Mediterranean–UK Continent 30kt	TCABA00 and TCABA03	Skikda–Amsterdam	Skikda–Antwerp
		Augusta–Rotterdam	Cartagena–Amsterdam
		Aliaga–Amsterdam	Aliaga–Amsterdam
Mediterranean–UK Continent Naphtha 27.5kt	TCAAZ00 and TCAAZ03	Skikda–Amsterdam	Skikda–Antwerp
		Cartagena–Hamburg	Cartagena–Amsterdam
		Aliaga–Amsterdam	Aliaga–Amsterdam
UK Continent–UK Continent 30kt	TCAHL00 and TCAHL03	Rotterdam–Thameshaven	Amsterdam–Thameshaven
		Amsterdam–Le Havre	Amsterdam–Le Havre
		Brofjorden–London	Brofjorden–London
UK Continent–UK Continent 22kt	TCABV00 and TCABV03	Rotterdam–Thameshaven	Amsterdam–Thameshaven
		Amsterdam–Le Havre	Amsterdam–Le Havre
		Brofjorden–London	Brofjorden–London
Mediterranean–Mediterranean 30kt	TCAAY00 and TCAAY03	Skikda–Lavera	Skikda–Lavera
		Aliaga–Koper	Santa Panagia–Koper
		Augusta–Tarragona	Sarroch–Barcelona
Mediterranean–Mediterranean Naphtha 27.5kt	TCAAX00 and TCAAX03	Skikda–Lavera	Skikda–Lavera
		Aliaga–Koper	Santa Panagia–Koper
		Augusta–Tarragona	Sarroch–Barcelona
Mediterranean–US Atlantic Coast 37kt	TCABC00 and TCABC03	Skikda–New York	Lavera–New York
		Sarroch–New York	Sarroch–New York
		Augusta–Philadelphia	Aliaga–New York
Mediterranean–US Gulf Coast 37kt	TCABE00 and TCABE03	Skikda–Houston	Skikda–Houston
		Sarroch–Houston	Sarroch–Houston
		Augusta–Houston	Aliaga–Houston

The affected assessments and related monthly average assessments are published in Platts Clean Tankerwire, Platts Clean Tankerwire Monthly, Platts Latin America Wire, Oligram Price report, on Platts Shipping Alert pages 1320, 1321 on Platts Tanker Alert pages 1910, 1911 as well as in the Platts price database under the codes above.

Platts invites feedback on this proposed methodology change.

Please submit any feedback or questions to shipping@spglobal.com and pricegroup@spglobal.com by Oct. 23, 2026.

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 to the public upon request.