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Platts will discontinue 90 kt, 150 kt Americas freight assessments

S&P Global Platts will discontinue four Americas dirty tanker freight assessments -- Suezmax 150,000 mt Caribbean-China, Suezmax 150,000 mt USGC-Singapore, Aframax 90,000 mt Caribbean-UK Continent, and Aframax 90,000 mt Caribbean/Mediterranean routes -- effective January 2, 2020.

The discontinuation was first proposed in a subscriber note published September 27. (https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/092719-platts-proposes-to-discontinue-90kt-150-kt-americas-freight-assessments)

Platts understands that fixtures on these routes typically reflect vessels of a smaller size.

Platts will continue to assess the Suezmax Caribbean and USGC-loading routes to Asia on a 130,000 mt basis and the Aframax Caribbean-trans-Atlantic routes on a 70,000 mt basis, to reflect the fact that the bulk of observed spot market activity on these routes is traded on those bases.

The discontinuation will affect the following:

Assessment:
Code:
Dirty Caribbean-China 150 kt Lumpsum
TDCAS00
Dirty Caribbean-China 150 kt $/mt
TDCHI00
Dirty Caribbean-China 150 kt Lumpsum Mavg
TDCAS03
Dirty Caribbean-China 150 kt $/mt Mavg
TDSAZ03
Dirty Caribbean-China 150 kt cargo size
TDCASSZ
Dirty USGC-Singapore 150 kt Lumpsum
TDUSC00
Dirty USGC-Singapore 150 kt $/mt
TDSSZ00
Dirty USGC-Singapore 150 kt Lumpsum Mavg
TDUSC03
Dirty USGC-Singapore 150 kt $/mt Mavg
TDSSZ03
Dirty USGC-Singapore 150 kt cargo size
TDUSCSZ
Dirty Caribbean-UK Continent 90 kt Wsc
TDCAC00
Dirty Caribbean-UK Continent 90 kt $/mt
TDUKA00
Dirty Caribbean-UK Continent 90 kt Wsc Mavg
TDCAC03
Dirty Caribbean-UK Continent 90 kt $/mt Mavg
TDUKA03
Dirty Caribbean-UK Continent 90 kt cargo size
TDCACSZ
Dirty Caribbean-Mediterranean 90 kt Wsc
TDCME00
Dirty Caribbean-Mediterranean 90 kt $/mt
TDMEA00
Dirty Caribbean-Mediterranean 90 kt Wsc Mavg
TDCME03
Dirty Caribbean-Mediterranean 90 kt $/mt Mavg
TDMEA03
Dirty Caribbean-Mediterranean 90 kt cargo size
TDCMESZ

These assessments appear on Platts Global Alert Pages 1972 and 1962; on Platts Shipping Alert Pages 2440 and 2430; in the Dirty Tankerwire; and in the Platts price database under the codes above.

Please send any comments or questions to shipping@spglobal.com and pricegroup@spglobal.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 to the public upon request.