11 Jun 2020 | 14:34 UTC — New York

Platts to launch Panamax grains freight assessments from Argentina, Black Sea

S&P Global Platts proposes publishing two new daily Panamax dry bulk grains freight assessments, reflecting the growing trade for grains from the Black Sea and Argentina to the Far East, effective August 3, 2020.

The following new assessments are proposed:

Odessa, Ukraine to Qingdao, China, 60,000 mt grains

Bahia Blanca, Argentina to Qingdao, China, 60,000 mt grains

The assessments would be based on modern Kamsarmax tonnage and reflect the cost of transporting a 60,000 mt (plus/minus 10%) grains cargo on a 81,000 dwt Kamsarmax dry bulk vessel from loading port to discharge port and would be published on a dollar per metric ton basis.

Please send all comments or questions by July 10 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 to the public upon request.