Family: BDTI / BCTI
Index: TD17, TD24, TC9
Category: Market Announcement


The Baltic is hereby notifying the market that, following the announcement of EU sanctions on the Import of Russian crude oil and oil products, and following an internal analysis of the impact on Baltic Indices, the BIC has approved that the following Indices and corresponding TCE’s be suspended from the following dates;

Index

Short Description

Long Description

Action

Date

TD17

Dirty Baltic to UK-Cont

100,000mt. Baltic to UK-Cont (Primorsk to Wilhelmshaven). Great Belt laden/ballast. Laydays/cancelling 10/20 days from index date. Double hull, age max 15 yrs. 2.5% total commission.

Suspend

21 October 2022

TC9

Clean Baltic to UK-Cont.

30,000mt CPP/UNL/ULSD middle distillate. Baltic to UK-Cont (Primorsk to Le Havre). Laydays/cancelling 5/10 days from index date. Double hull, age max 15 yrs. 3.75% total commission.

Suspend

23 December 2022

TD24

Dirty Russia to China

100,000mt. Russia Pacific to N China (Kozmino to Qingdao) Laydays/cancelling 10-20 days from index date. 3.75% total commission

Suspend

21 October 2022

Following the dates listed above the Baltic will no longer produce forward curves for listed indices (TC9 and TD17).

Any comments or feedback, please direct your message to balticbroker@balticexchange.com

Circular ID: MA/Tankers/202210/35/N