Circular 07/25: Market Announcement - Restatement of Tanker TCEs
Family: BCTI / BDTI
Index: All Tanker TCEs
Category: Market Announcement
As part of the Baltic’s continual process of quality checking and review of the published indices, it was identified that the tanker TCEs were unexpectedly miscalculated on 3 and 7 January 2025 with outdated bunker prices.
The correct bunker values have been updated and the TCEs recalculated, values for all routes were restated on 4 March 2025 as per the table below.
Route |
03/01/25 Corrected value |
07/01/25 Corrected value |
TC1-TCE |
21,859 |
23,790 |
TC2_37-TCE |
7,048 |
6,446 |
TC5-TCE |
13,695 |
13,656 |
TC6-TCE |
17,736 |
12,354 |
TC7-TCE |
14,017 |
13,980 |
TC8-TCE |
17,549 |
17,993 |
TC10-TCE |
19,687 |
20,232 |
TC11-TCE |
8,241 |
8,819 |
TC14-TCE |
13,392 |
7,467 |
TC15-TCE |
10,847 |
11,003 |
TC16-TCE |
21,207 |
21,009 |
TC17-TCE |
17,415 |
17,164 |
TC18-TCE |
22,577 |
18,284 |
TC19-TCE |
13,885 |
12,947 |
TC20-TCE |
24,858 |
28,090 |
TC21-TCE |
12,749 |
8,499 |
TC22-TCE |
14,392 |
14,414 |
TC23-TCE |
13,736 |
12,688 |
TD2-TCE |
23,577 |
23,062 |
TD3C-TCE |
21,185 |
20,698 |
TD6-TCE |
22,248 |
19,116 |
TD7-TCE |
30,554 |
28,921 |
TD8-TCE |
28,159 |
27,277 |
TD9-TCE |
18,786 |
20,181 |
TD14-TCE |
21,809 |
21,213 |
TD15-TCE |
25,920 |
26,470 |
TD18-TCE |
19,036 |
18,465 |
TD19-TCE |
39,251 |
29,764 |
TD20-TCE |
21,315 |
17,930 |
TD21-TCE |
15,995 |
16,030 |
TD22-TCE |
24,892 |
23,103 |
TD23-TCE |
35,608 |
32,935 |
TD25-TCE |
23,217 |
25,848 |
TD26-TCE |
20,760 |
22,610 |
TD27-TCE |
22,544 |
20,977 |
VLTCE |
22,154 |
21,493 |
SZTCE |
21,782 |
18,523 |
ATCE |
27,292 |
25,939 |
MA2TCE |
21,185 |
15,431 |
MP2TCE |
15,774 |
15,809 |
Any questions or comments should be directed to balticbroker@balticexchange.com
Circular ID: MA/Tankers/202503/7/N