SUBSCRIBER NOTE: Platts to launch new Capesize coal freight assessment

Following a period of industry consultation and feedback, Platts has decided to launch a new Capesize dry bulk freight assessment reflecting the trade route of metallurgical coal from East Australia to Rotterdam.

This new assessment will reflect the growing spot fixture activity basis loading at Hay Point as European metallurgical coal consumers increase their requirements from East Coast Australia.

The assessment will be based on modern Capesize dry bulk tonnage reflecting the Hay Point, East Australia to Rotterdam, Northwest Europe route for a Capesize vessel carrying a metallurgical coal cargo of 160,000 mt. This assessment will be published on a dollar per metric ton basis.

Platts has decided to launch the assessment with effect from March 1, 2016.

Any further feedback or questions should be directed to shipping@platts.com and pricegroup@platts.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.