Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

SUBSCRIBER NOTE: Platts changes MR USGC-North Brazil flat rate freight basket

S&P Global Platts has changed the Worldscale flat rate basket of its 38,000 mt US Gulf Coast-North Brazil clean tanker assessment, effective October 1, to better reflect trade flows in the region.

The basket change was first proposed in a subscriber note published August 1 ( latts-proposes-to-change-usgc-north-brazil-flat-rate-freight-basket-oct-1).

Platts publishes its US Gulf Coast-North Brazil clean tanker assessment in Worldscale points, as well as in US dollars/mt.

Platts assesses the route on a Worldscale basis, and then determines the equivalent $/mt freight rate, based on a basket of Worldscale flat rates comprising several key routes between the two regions specified in the assessment.

Under the change, the Worldscale flat rate basket used for this assessment reflects loadings in Houston and New Orleans and discharges at Sao Luis and Suape.

The previous basket reflected loadings in Houston and New Orleans, and discharges at Sao Luis, Manaus and Belem.

The move changes the value of the basket to $14.88/mt from $13.91/mt for the remainder of 2019.

As with all base Worldscale values, Platts will update these values for 2020 rates and inform subscribers of the new bases toward the end of the current year.

The change affected the USGC-North Brazil clean tanker assessment in US dollars/mt (TCAFS00 and TCAFS03).

This assessment is published on the Platts Global Alert page MH1912, on the Platts Shipping Alert page SHP2320, in the Clean Tankerwire and in the Platts price database under the code above.

Please send further feedback or questions to and

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 to the public upon request.