SUBSCRIBER NOTE: Platts to discontinue Handymax iron ore assessments

In response to market changes and industry feedback, S&P Global Platts will discontinue Handymax West Coast India to North China and East Coast India to North China freight assessments.

There has been a prolonged absence of spot market activity on these routes for Handymax vessels. Over the last year, the majority of charterers employed the larger Supramax, Panamax or Capesize vessels to ship iron ore.

The discontinuation is effective from September 4.

Platts will continue to publish the Supramax West Coast India to North China and East Coast India to North China as well as the Panamax West Coast India to North China assessments.

The following routes will be discontinued: * PH1 Mormugao, West coast India Qingdao, North China 40KT IOFWI00 (Daily) * PH1 Mormugao, West coast India Qingdao, North China 40KT IOFWI03 (MAVG) * PH2 Haldia & Paradip, East coast India Qingdao, North China 40KT IOFEI00 (Daily) * PH2 Haldia & Paradip, East coast India Qingdao, North China 40KT IOFEI03 (MAVG)

Please send any feedback or questions to shipping@spglobal.com and pricegroup@spglobal.com.

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