# SUBSCRIBER NOTE: Platts to change USGC-Japan/South Korea LR1 cargo size Feb 1 | S&P Global

> S&P Global Platts will raise the cargo size of its Long Range 1 USGC-Japan/South Korea tanker assessment from 55,000 mt to 60,000 mt effective February 1, 2018. The change reflects larger cargoes passing the expanded Panama Canal.

- Date: 2018-01-03 · published 2018-01-03T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/66885-subscriber-note-platts-to-change-usgc-japan-south-korea-lr1-cargo-size-feb-1-s
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

This is a benchmark methodology change for refined product tanker freight with little direct effect on feed or grain prices.

## Read by commodity

- DIESEL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2021-01-28 | [ULSD trans-Atlantic shipments divide market on potential arb opportunities \| S&P Global](https://feedsoft.ai/events/49325-ulsd-trans-atlantic-shipments-divide-market-on-potential-arb-opportunities-s.md) | +5.3% | +18.5% |
| DIESEL | 2024-06-21 | [Trafigura Charters Supertanker to Load Gasoil from Mideast](https://feedsoft.ai/events/29978-trafigura-charters-supertanker-to-load-gasoil-from-mideast.md) | +1.3% | -4.0% |
| DIESEL | 2026-10-29 | [UZ: to get priority, oil workers must form route trains \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/2095-uz-to-get-priority-oil-workers-must-form-route-trains-ukrainian-and-world.md) | -2.4% | — |
| DIESEL | 2024-08-22 | [Canadian rail strike begins amid contract dispute, fears of U.S. shipping impact \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/28830-canadian-rail-strike-begins-amid-contract-dispute-fears-of-u-s-shipping-impact.md) | -0.8% | -3.1% |
| DIESEL | 2021-03-31 | [Products: Fuel Moving Again After Suez Unblocked \| Energy Intelligence](https://feedsoft.ai/events/48279-products-fuel-moving-again-after-suez-unblocked-energy-intelligence.md) | +1.0% | +8.3% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/pricing-benchmarks/our-methodology/subscriber-notes/010318-platts-to-change-usgc-japansouth-korea-lr1-cargo-size-feb-1

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.