SUBSCRIBER NOTE: Platts to amend, discontinue some Asian Supramax, Panamax rates

Following a period of industry consultation and feedback, S&P Global Platts confirms it will discontinue some Asia Pacific dry bulk Panamax and Supramax assessments and freight differentials due to an absence of spot market activity on these routes as well as changes in trading patterns.

It will also change the basis ports for two differentials to reflect the current trade flow. Platts will discontinue these assessments with effect from September 3, 2018.

This was first proposed in a note published May 6, 2018 (https://www.platts.com/subscriber-notes-details/27975378).

The discontinuations and basis port changes are necessary due to many Indian ports becoming mechanized in recent years, which has resulted in fewer geared vessels such as Supramax-class ships calling at them.

The following are the discontinuations:

1. Panamax * PP24 Gladstone, Northeast Australia to Jebel Ali, UAE 60KT MMAAJ00 (Daily) * PP24 Gladstone, Northeast Australia to Jebel Ali, UAE 60KT MMAAJ03 (Monthly)

2. Supramax * PS4 Richards Bay, S Africa to Mundra, West coast India 55KT CIRBW00 (Daily) * PS4 Richards Bay, S Africa to Mundra, West coast India 55KT CIRBW03 (Monthly) * PS4w Differential from basis Mundra to Dahej, West coast India 55KT CISAI00 (Daily) * PS4w Differential from basis Mundra to Dahej, West coast India 55KT CISAI03 (Monthly) * PS4n Differential from basis Mundra to Kandla, West coast India 55KT CIKWI00 (Daily) * PS4n Differential from basis Mundra to Kandla, West coast India 55KT CIKWI03 (Monthly) * PS5e Differential from basis Krishnapatnam to Paradip, East coast India 55KT CIRBP00 (Daily) * PS5e Differential from basis Krishnapatnam to Paradip, East coast India 55KT CIRBP03 (Monthly) * PS5s Differential from basis Krishnapatnam to Ennore, East coast India 55KT CIRBE00 (Daily) * PS5s Differential from basis Krishnapatnam to Ennore, East coast India 55KT CIRBE03 (Monthly) * PS7e Differential from basis Krishnapatnam to Paradip, East coast India 55KT CISKP00 (Daily) * PS7e Differential from basis Krishnapatnam to Paradip, East coast India 55KT CISKP03 (Monthly) * PS7s Differential from basis Krishnapatnam to Ennore, East coast India 55KT CISKE00 (Daily) * PS7s Differential from basis Krishnapatnam to Ennore, East coast India 55KT CISKE03 (Monthly) * PS6 South Kalimantan, Indonesia to Mundra, West coast India 55KT CISKM00 (Daily) * PS6 South Kalimantan, Indonesia to Mundra, West coast India 55KT CISKM03 (Monthly) * PS6w Differential from basis Mundra to Dahej, West coast India 55KT CISKD00 (Daily) * PS6w Differential from basis Mundra to Dahej, West coast India 55KT CISKD03 (Monthly) * PS6n Differential from basis Mundra to Kandla, West coast India 55KT CISKI00 (Daily) * PS6n Differential from basis Mundra to Kandla, West coast India 55KT CISKI03 (Monthly)

The basis port changes are:

From * PS4s Differential from basis Mundra to New Mangalore, West coast India 55KT CISKO00 (Daily) * PS4s Differential from basis Mundra to New Mangalore, West coast India 55KT CISKO03 (Monthly) * PS6s Differential from basis Mundra to New Mangalore, West coast India 55KT CISKN00 (Daily) * PS6s Differential from basis Mundra to New Mangalore, West coast India 55KT CISKN03 (Monthly)

To * PS4s Differential from basis Kandla to New Mangalore, West coast India 55KT CISKO00 (Daily) * PS4s Differential from basis Kandla to New Mangalore, West coast India 55KT CISKO03 (Monthly) * PS6s Differential from basis Navlakhi to New Mangalore, West coast India 55KT CISKN00 (Daily) * PS6s Differential from basis Navlakhi to New Mangalore, West coast India 55KT CISKN03 (Monthly)

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