25 Mar 2019 | 11:30 UTC — London

SUBSCRIBER NOTE: Platts to discontinue some dry freight Panamax assessments

Following industry consultation, S&P Global Platts will discontinue a range of Panamax dry bulk freight assessments for bauxite, iron ore, coal and grains routes, originating in the Atlantic basin and the Black Sea, effective July 1, 2019.

The decision follows an extensive period of illiquid spot trading on these routes.

Under this decision, Platts will discontinue the following assessments:

Symbol Description

GRUSA00 Grain Odessa-Dammam 60kt $/mt Panamax GRUSA03 Grain Odessa-Dammam 60kt $/mt Panamax MAvg

MMAHH00 Bauxite Kamsar-Longkou 60kt $/mt Panamax MMAHH03 Bauxite Kamsar-Longkou 60kt $/mt Panamax MAvg MMAHJ00 Bauxite Trombetas-Longkou 60kt $/mt Panamax MMAHJ03 Bauxite Trombetas-Longkou 60kt $/mt Panamax MAvg

IOBQC00 Iron Ore Tubarao-Qingdao 80kt $/mt Panamax IOBQC00 Iron Ore Tubarao-Qingdao 80kt $/mt Panamax MAvg IOBRN00 Iron Ore Tubarao-Rotterdam 70kt $/mt Panamax IOBRN03 Iron Ore Tubarao-Rotterdam 70kt $/mt Panamax MAvg

CDMAI00 Coal Mobile-Taranto 70kt $/mt Panamax CDMAI03 Coal Mobile-Taranto 70kt $/mt Panamax MAvg CIBRN00 Coal Puerto Bolivar-Rotterdam 70kt $/mt Panamax CIBRN03 Coal Puerto Bolivar-Rotterdam 70kt $/mt Panamax MAvg CIRBJ00 Coal Richards Bay-Jorf Lasfar 60kt $/mt Panamax CIRBJ03 Coal Richards Bay-Jorf Lasfar 60kt $/mt Panamax MAvg CIRRN00 Coal Richards Bay-Rotterdam 70kt $/mt Panamax CIRRN03 Coal Richards Bay-Rotterdam 70kt $/mt Panamax MAvg CIRBT00 Coal Richards Bay-Tarragona 70kt $/mt Panamax CIRBT03 Coal Richards Bay-Tarragona 70kt $/mt Panamax MAvg

The above assessments are published in the Dry Freight Wire.

Please send all comments or questions to shipping@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.

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