Ref: TC6 - 30,000mt Algeria to European Mediterranean forward curves

With reference to the Worldscale Circular 17/2020 dated 15 May 2020, where the flat rate for Skikda to Lavera was amended to reflect the recent increase in towage costs at Skikda.Further to Baltic circular 17/2020 we can now confirm the Baltic position effective from today.

 Market Notice

• TC6 forward curves will be calculated using the new Skikda to Lavera Worldscale flat rate
• Guidance has been given to physical panellists that they should ensure their assessment of TC6 Index is based on Skikda to Lavera (Baltic Guide to Market Benchmarks Appendix 3 clause 5)
• TCE calculations for TC6 will use the new Skikda to Lavera Worldscale flat rate and the additional tug costs 

Any feedback or questions should be directed to balticbroker@balticexchange.com