SUBSCRIBER NOTE: Platts to change cargo sizes on two dry bulk steel scrap routes

In response to market changes and industry feedback, S&P Global Platts confirms it will amend the cargo size on two dry bulk Supramax steel scrap freight assessments.

Assessments of voyages from New Jersey to Aliaga, Turkey and from Rotterdam to Aliaga, will be for 40,000 mt (plus/minus 10%) instead of 45,000 mt. The change will be effective October 2, 2017.

Platts will normalize any other cargo size on these routes to a 40,000 mt basis.

Platts proposed this change in a subscriber note published July 13, 2017 (https://www.platts.com/subscriber-notes-details/26772796).

This change is a reflection of a more frequent flow of 40,000 mt Supramax steel scrap cargoes from New Jersey and Rotterdam to Aliaga.

The assessments appear in Dry Freight Wire and Platts Metals Alert fixed page 3912 under codes MSJAT00 and MSNAT00, respectively.

Please send any feedback or questions 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 upon request.