Family: BCTI
Index: BCTI
Category: Change
 

Following the cessation of TC16 it will no longer contribute to the BCTI. 

The new BCTI multiplier has been calculated as 4.32344602027436000 and will be applied from 13 April 2026. 

 

For more information about the cessation of TC16 see the following;

Circular ID: MC/Tankers/202601/5/N announcing the consultation regarding the cessation of TC16 – Clean (60,000mt ARA to Offshore Lome)

Circular ID: CA/Wet/202603/14/N, announcing the cessation of TC16, TC16$ and TC16-TCE

 

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 Guide to Market Benchmarks  


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

CA/Tankers/202604/25/N