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1969, replacing 'Intascale', London (UK) and 'ATRS', New York NY (USA), as International Tanker Nominal Freight Scale Association Limited in London (INTASCALE). Present name adopted 1979.
Produce standard reference rates for oil tanker shipping freight, the 'New Worldwide Tanker Nominal Freight Scale' or 'Worldscale', based on similar net returns per day regardless of voyage performed and calculated on a common basis in accordance with published formulae.
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UN Sustainable Development Goals **
UIA Org ID
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