SUBSCRIBER NOTE: Platts launches new Box Rate container assessments

Following extensive market feedback, S&P Global Platts has launched 10 new Box Rate spot container assessments on Monday, July 3, 2017.

The new daily assessments reflect the freight prices of carrying forty-foot equivalent (FEU) containers on selected front-haul and back-haul routes.

Alongside the new assessments, Platts has also launched the Platts Container Index, which is based upon a weighted average of the 10 spot routes that Platts assesses.

The percentages have been derived from Platts cFlow analysis, based on AIS data tracking ship movements between regions.

The percentages in the weighted average will undergo regular revisions.

The new assessments reflect established global container trade routes and are based on modern container carrier tonnage.

The assessments are published on a $/FEU basis, to reflect how these routes are traded. The full list of new assessments is shown below.

Platts Container Assessments

Front-Haul

Route From To Symbol PBR1 North Asia UK Continent PBR0100 PBR3 North Asia Mediterranean PBR0300 PBR5 North Asia ECNA PBR0500 PBR7 UK Continent Mediterranean PBR0700 PBR9 UK Continent ECNA PBR0900

Back-Haul

PBR2 UK Continent North Asia PBR0200 PBR4 Mediterranean North Asia PBR0400 PBR6 ECNA North Asia PBR0600 PBR8 Mediterranean UK Continent PBR0600 PBR10 ECNA UK Continent PBR1000

Platts Container Index PCTRI00

These new assessments are published in Platts Dry Freight Wire, Platts Global Alert service on fixed page PGB 3950 and in the Platts database under the symbols listed above.

Please send all comments or questions to shipping@platts.com and pricegroup@platts.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.