Circular 27/21 - Announcement: Change in Tanker Commission Description

This is a notice of a minor change under the Guide to Market Benchmarks (GMB) section 5.2.1

Following consultation with Panellists, advisory council members and the market, a total commission of 3.75% was unanimously agreed to be the representative on these routes.

The Baltic Index Council agreed that;

The total commission for these routes would be amended from 2.5% commission to 3.75% commission effective 1 February 2022

If you have any questions or comments, please direct them to the Freight Team on balticbroker@balticexchange.com

Ref: CA/Tankers/202112/1/N