Crude Oil, Maritime & Shipping, Wet Freight

September 30, 2026

Platts proposes to update several basket flat rates for dirty 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 dirty 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 dirty 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.

The proposed changes to the flat-rate baskets are:

Assessment Codes Current flat-rate basket Proposed flat-rate basket
WAF–Far East 130kt

TDACM00

TDACM03

Djeno-Qingdao

Kizomba-Rizhoa

Malongo-Huizhou

Gamba-Ulsan

Malongo-Rizhao

Cap Lopez-Zhoushan

WAF–Med 130kt

TDACP00

TDACP03

Escavros-Augusta

Dalia-Fos

Forcados-Aliaga

Escravos-Tarragona

Kome Kribi I-Fos

Forcados-Aliaga

WAF–USG 130kt

TDACV00

TDACV03

Bonga-Houston

Kome-Kribi I-Pascagoula

Dalia Terminal-Corpus Christi

Dalia-Freeport

Dalia-Mobile

Dalia-Galveston

Med–USG 80kt

TDABU00

TDABU03

Sidi Kerir-Port Arthur

Sidi Kerir-Houston

Botas-Corpus Christi

Lavera-Corpus Christi

Sidi Kerir-Houston

Skikda-Houston

UKC–USAC 80kt

TDACG00

TDACG03

Teeside-Bayway

Mongstad-Paulsboro

Sture-Philidelphia

Teeside-Bayway

Antwerp-New York

Sullom Voe-Philadelphia

UKC–Med 80kt

TDACB00

TDACB03

Sullom Voe-Lavera

Mongstad-Augusta

Sullom Voe-Augusta

Sullom Voe-Lavera

Mongstad-Trieste

Mongstad-Genoa

UKC–USGC 80kt

TDACJ00

TDACJ03

Teeside-New Orleans

Mongstad-Houston

Sture-Houston

Scapa Flow-Pascagoula

Mongstad-Houston

Rotterdam-Houston

Med–UKC 80kt

TDABO00

TDABO03

Sidi Kerir-Rotterdam

Arzew-Milford Haven

Botas-Sines

Sidi Kerir-Rotterdam

Arzew-Milford Haven

Botas-Cork

Libya–Med 80kt

TDLMA00

TDLMA03

Es Sider-Trieste

Bouri-Fos

Zueitina-Sarroch

Es Sider-Trieste

Zawia-Trieste

Zueitina-Sarroch

Med–Med 30kt

TDADX00

TDADX03

Falconara-Lavera

Agioi Theodoroi-Genoa

Milazzo-Gibraltar

Dortyol-Agioi Theodoroi

Taranto-Aliaga

Lavera-Algeciras

The affected assessments and related monthly average assessments are published in Platts Dirty Tankerwire, Platts Dirty Tankerwire Monthly, Platts Latin America Wire, Oilgram Price report, on Platts Shipping Alert pages 1430, 1431, 1440, 1441, 1420, 1421 on Platts Tanker Alert pages 1960, 1961, 1970, 1971, 1950, 1951, 0919; 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.