Circular 14/26: Change Announcement - Cessation of TC16, TC16$ and TC16-TCE
Family : BCTI
Index : TC16, TC16$ and TC16 TCE
Category: Change Announcement
Follow a market consultation, the Baltic Index Council (BIC) has given approval for the cessation of the following indices. Last day of reporting will be Friday 10 April 2026.
Short Code |
Unit |
Short Description |
Long Description |
TC16 |
Worldscale |
60K ARA to Offshore Lome |
60,000mt CPP. Amsterdan-Rotterdam-Antwerp to West Africa (Amsterdam to offshore Lome). Laydays/Cancelling 10/14 days from index date. Age max 15 years, 3.75% total commission. |
TC16$ |
$/mt |
60K ARA to Offshore Lome |
60,000mt CPP. Amsterdan-Rotterdam-Antwerp to West Africa (Amsterdam to offshore Lome). Laydays/Cancelling 10/14 days from index date. Age max 15 years, 3.75% total commission. |
TC16-TCE |
$/day |
LR1 Amsterdam to offshore Lome |
Timecharter Equivalent basis LR1 (LR1-75), delivery Off-shore Lome for a round voyage loading Amsterdam. 2 days load. 2 days discharge. 1 day waiting. |
Any comments, feedback please direct your message to balticbroker@balticexchange.com
CA/Wet/202603/14/N