S&P Global Platts Launches Tanker TCE Assessments for Europe
First Regional High and Low Sulfur Prices Reflect Vessel Revenues on Key Routes
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LONDON, April 1, 2021 /PRNewswire/ S&P Global Platts ( Platts ), the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, has launched new daily Time Charter Equivalent (TCE) assessments on four key Aframax routes originating in Europe, effective April 1, 2021.
Peter Norfolk, Editorial Director, Global Shipping & Freight, S&P Global Platts said
: The European tanker market has lacked relevant pricing that reflects the market fundamentals of net daily revenues of crude vessels operating on the key routes in the region. We are pleased to launch these world-first assessments in response to growing interest from market participants wanting transparency on tanker earnings on the main European shipping routes .
Home / Shipping News / International Shipping News / S&P Global Platts Launches Tanker TCE Assessments for Europe: First Regional high and Low Sulfur Prices Reflecting Vessel Revenues on Key Routes
S&P Global Platts Launches Tanker TCE Assessments for Europe: First Regional high and Low Sulfur Prices Reflecting Vessel Revenues on Key Routes
S&P Global Platts (“Platts”), the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, has launched new daily Time Charter Equivalent (TCE) assessments on four key Aframax routes originating in Europe, effective April 1, 2021.
Peter Norfolk, Editorial Director, Global Shipping & Freight, S&P Global Platts said: “The European tanker market has lacked relevant pricing that reflects the market fundamentals of net daily revenues of crude vessels operating on the key routes in the region. We are pleased to launch these world-first assessments in response to growing interest from ma
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