The Baltic Index Council (BIC) has approved moving to Public Trial reporting for five new tanker routes from Monday 7 January 2019.
The five routes had been on private trial since 22 October 2018.
TD22 – VLCC 270,000mt USG/China (Galveston O/S lightering area to Ningbo), loading 25-35 days from Index date. 3.75% total comm. [assessed in $ lumpsum]
TD23 – Suezmax 140,000mt light AG/Med (Basrah to Lavera), loading 20-30 days from Index date, 2.5% total comm.
TD24 – Aframax 100,000mt Russian Pacific/China (Kozmino to Qingdao), 10-20 days from Index date, 2.5% total comm. [Published with BITR Asia]
TD25 – Aframax 70,000mt USG/Med (Corpus to Trieste), loading 10-20 days from Index date. 2.5% total comm.
TC17 – MR 35,000mt AG/E Africa (Ras Laffan to Dar es Salaam), loading 15-25 days from Index date, 3.75% total comm.
After a suitable period of satisfactory Public Trial reporting, the Baltic Exchange will request approval from the BIC to go live on these routes.
In the meantime any feedback from members is extremely welcome – please send this to firstname.lastname@example.org