09 Jul 2013 | 10:17 UTC — Singapore

Subscriber note: Platts proposes to assess Capesize freight for Australia-China met coal

Platts is seeking feedback on a proposal to enhance its suite of metallurgical coal freight assessments by adding a new daily assessment for spot Capesize cargoes. The assessment would reflect cargoes of 140,000 mt loading 7-45 days forward from the day of assessment, between Hay Point, eastern Australia and Qingdao, north China. The assessment would reflect well approved modern tonnage only, not exceeding 10 years of age. Platts invites feedback about this proposal by July 29, please contact: julien.hall@platts.com, and copy cokingcoal@platts.com