Platts has launched two daily LR2 clean tanker route assessments for Red Sea-UK Continent and Red Sea-Mediterranean on the back of changes in vessel flows and trading patterns.
The price reporting agency said the two lump sum and corresponding dollar-per-tonne assessments will be for 90,000 mt loadings starting 1 August 2023.
Platts, which is part of analytics group S&P Global Commodity Insights, first circulated plans for the new route assessments in June of this year and went out to the market seeking feedback.
