Family: BCTI
Index: BCTI
Category: Change
 

Following the suspension of TC9 it will no longer contribute to the BCTI.  TC23 will be added to the BCTI and will result in a new BCTI multiplier.

The new BCTI multiplier has been calculated as 4.540991088 and will be applied from 03 January 2023. 

 

For more information about TC9 and TC23 please refer to the following circulars

Circular ID: MA/Tankers/202210/35/N announcing the suspension of TC9 – Clean (Baltic to UK Cont)

Circular ID: MA/Tankers/202212/47/N, announcing the  live reporting of TC23 - Clean (ARA to UK Cont)

 

The new multiplier has been calculated following the methodology set out in the GMB Appendix 3, Calculation Methodologies, Section 3 (Headline Indices).  Please see the link to the GMB here.


Any questions or comments should be directed to balticbroker@balticexchange.com

Circular ID: CA/Tankers/202212/49/N