Circular 04/25: Market Announcement - Restatement TD8 TCE
Family: BDTI
Index: TD8 TCE
Category: Correction
As part of the Baltic’s continual process of quality checking and review of the published indices, it was identified that the TCE calculation for TD8 TCE was using a value, stated to an incorrect number of decimals for the number of days heating.
This resulted in TD8 TCE being incorrectly calculated on 22 January 2025.
The number of days heating has been updated to the correct precision, and the TCEs have been recalculated. The corrected value for TD8 TCE was restated on 18 February 2025 as per the table below .
TD8 TCE |
|
|
Date |
Published $ |
Corrected $ |
22-January-2025 |
31,143 |
31,144 |
Any questions or comments should be directed to balticbroker@balticexchange.com
Circular ID: MA/Tankers/202502/4/N