22 Mar 2021 | 14:23 UTC — New York

Platts to launch 2 Americas container bunker charge assessments April 1

S&P Global Platts will begin publishing two new daily container bunker charge assessments, effective April 1, 2021, complementing existing container assessments.

The new bunker charge assessments will cover the following container routes:

Head-haul
Route
From
To
Symbol
PBC33
East Coast South America
US Gulf Coast
PBC3300
Back-haul
Route
From
To
Symbol
PBC34
US Gulf Coast
East Coast South America
PBC3400

These daily assessments will reflect the bunker costs for transporting a 40-foot container on the above routes and will be expressed in $/FEU.

The assessments will reflect the use of 0.5% sulfur and 0.1% sulfur marine fuel, and will be calculated using the $/mt bunker fuel prices in representative ports, published by Platts.

VLSFO PBC33 and PBC34 -- Buenos Aires, Santos, Cartagena, Houston, New Orleans.

LSMGO PBC33 and PBC34 Buenos Aires, Santos, Houston, New Orleans.

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 will 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 the below range.

PBC33 and PBC34 -- East Coast South America US Gulf Coast range

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

The assessments will be published in Platts Dry Freight Wire; on Platts Global Bunkers Alert page PGB3960 and Platts Shipping Alert page SHP0520; and in the Platts pricing database under the codes above. Please send any comments or questions to shipping@spglobal.com, containers@spglobal.com, and pricegroup@spglobal.com.

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