Circular :  31/26: Change Announcement - Cessation of TD18, TD18$ and TD18-TCE

Family : Tankers  
Values : TD18, TD18$ and TD18 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 Tuesday 30 June 2026.  The consultation summary is available here (TD18 Cessation Consultation Summary).

 

Short Code

Unit

Short Description

Long Description

TD18

Worldscale

30K Baltic to UK-Continent

30,000mt fuel oil. Baltic to UK-Continent (Tallinn to Amsterdam). Laydays/Cancelling 10/15 days from index date. Double hull, age max 15 years. 3.75% total commission.

TD18$

$/mt

30K Baltic to UK-Continent

30,000mt fuel oil. Baltic to UK-Continent (Tallinn to Amsterdam). Laydays/Cancelling 10/15 days from index date. Double hull, age max 15 years. 3.75% total commission.

TD18-TCE

$/day

HANDY Baltic to UK-Continent

Timecharter Equivalent basis a Baltic Handy (HAND37), delivery Amsterdam for a round voyage loading Tallinn. 2 days load. 2 days discharge. 1 day waiting.

From the 1 July 2026 TD18 will be replaced in the BDTI Headline index by TD32 (30k Cross NW Europe).  TD32 will be the replacement index for TD18.

 

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

 

CA/Tankers/202605/31/N