Circular 19/20 - Baltic Exchange Clean Tanker Index (BCTI)
New MR Tanker Route commencing Public Trial Reporting
Since 11 May 2020 a new MR route TC18 (USG to Brazil) has been on Private Trial. We are pleased to advise Public Trial reporting will commence from Monday 8 June 2020. [Please note that whilst any route is on Private Trial, no data is published or available on the website]
Route description:
TC18 - 38,000mt CPP/UNL US Gulf to Brazil (Houston to Santos), laydays/cancelling 6-12 days from Index date. Age max 15 years. 3.75% total commission (this route will be assessed in Worldscale and will not contribute to the BCTI).
A timecharter equivalent will also be published basis $/day.
After a suitable period of satisfactory Public Trial reporting, we will request approval from the BIC to go Live on this route.
Any feedback or questions should be directed to balticbroker@balticexchange.com