Following a Worldscale Association update to Iraq's Basrah port, S&P Global Platts will amend the Worldscale flat rate basket used in $/mt calculations for the Persian Gulf to China 270,000 mt dirty tanker assessment, effective July 1, 2021.
With this amendment, the new average flat rate for the Persian Gulf to China voyage will be $18.81/mt. No clean tanker rates are affected by this update.
Please refer to the Worldscale website for more information on the update.
The affected assessment is:
Assessment Daily code Monthly Avg
Dirty PG-China 270kt $/mt AASLC00 AASLC03
This assessment appears in Platts Dirty Tankerwire, on Platts Shipping Alert pages 440 and 441, on Platts Tanker Alert pages 2980 and 2981, and in the Platts price database under the codes above.
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