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Baltic Exchange trials new Asian tanker route

Singapore: The Baltic Exchange has announced that it is trialling a new product tanker route (TC10 - 40,000mt CPP/UNL South Korea to NOPAC West Coast). The information is published at 1600 (Singapore) via the Baltic's Singapore office and is based on assessments submitted by the Baltic's Asian panellists.

Reported as US$ per mt, the assessments are based on the following specification:

TC10 - 40,000mt CPP/UNL South Korea to NOPAC West Coast
S. Korea to Vancouver BC - Rosarito range with laydays/cancelling 14-21 days in advance.
Maximum age 15 years, double hull, oil major approved

In a separate development, the Baltic has also announced that its trial Palm Oil Assessment has been a success and is now live and published daily at 1600 (London).

BPOIL1 - 35/40000mt Palm Oil Straits to Rotterdam

35/40,000 mt, Straits Delivery Belawan - Dumai - Kuantan range to Rotterdam shore facility, with laydays / cancelling 1 month forward from the assessment date, 10 day range, 200 mt/hour both shinc reversible bends, Assessments to be made net of commission, Max 30 years IMO2 suitable or IMO3 suitable with relevant exemptions.  [15/01/08]

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