Family: BDTI
Index: BDTI
Category: Change
 

Following the cessation of TD1 the new BDTI multiplier has been calculated as 8.415737054 and will be applied from 2 January 2024. 


For more Information regarding the cessation of TD1 and TD1 TCE please refer to the following Circulars;

Circular ID: CA/Tankers/202311/29/N announcing the cessation of TD1 and TD1 TCE,  

Circular ID: CA/Tankers/202311/23/N giving a summary of the consultation on the proposal to cease TD1 and TD1 TCE 

The new multiplier has been calculated according to the methodology set out in the GMB Appendix 3, Calculation Methodologies, Section 3 (Headline Indices).  Please see the link to the GMB V5.6


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

Circular ID: CA/Tankers/202312/40/N