Platts launches six new container bunker cost assessments

S&P Global Platts began publishing six new daily container bunker charge assessments, complementing existing container assessments, on Feb. 1, 2021.

The new bunker charge assessments cover the following routes and are published under the below codes:

Head-Haul

Back-Haul

The bunker charge assessments reflect the bunker costs for transporting a forty-foot container on the above routes and are expressed in $/FEU.

These assessments are calculated using $/mt bunker prices in representative ports, published by Platts.

VLSFO PBC27 and PBC28 -- Tokyo, South Korea, Shanghai, Zhoushan, Singapore.

VLSFO PBC29 and PBC30 -- South Korea, Shanghai, Zhoushan, Hong Kong, Los Angeles, El Callo, Valparaiso.

VLSFO PBC31 and PBC32 -- South Korea, Shanghai, Zhoushan, Hong Kong, Singapore, Santos, Montevideo, Buenos Aires.

The bunker charge round voyage weighting allocation, vessel speed and consumption used in the bunker charge calculations are arrived at through market survey and reflect market practice.

All assessments reflect the use of 0.5%S marine fuel and include a sea margin of 5%.

The voyage durations are arrived at through market survey and the vessel will proceed on a round voyage basis to ports in geographical rotation within below ranges.

PBC27 and PBC28 -- North Asia -- Australasia range

PBC29 and PBC30 -- North Asia -- West Coast South America range

PBC31 and PBC32 -- North Asia -- East Coast South America range

The above variables used in calculating bunker charge assessments will be regularly updated to reflect market practice and new regulations.

These prices are published in Platts Dry Freight Wire, Platts Global Alert service and on the Platts Platform on fixed page PGA 3950, and in the Platts pricing database.

Please send any comments or questions to shipping@spglobal.com, containers@spglobal.com, and pricegroup@spglobal.com

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