Platts to launch 4 daily North Asia to Indian Subcontinent fronthaul, backhaul container freight assessments

Platts, part of S&P Global Commodity Insights, will begin publishing four new daily spot container freight assessments and four monthly average equivalents from Sept. 1, extending market coverage to key trading lanes of North Asia and Indian Subcontinent.

The new assessments will cover the following routes, and will be published under these codes:

The proposed assessments will reflect the transactable value at 5:30 pm Singapore time, for transporting 20-feet equivalent or TEU and 40-feet equivalent, or FEU containers on those routes, for loading five- to 25- days forward from the date of publication.

The assessments will be published in $/TEU and $/FEU, and follow the Singapore publishing schedule.

Platts assesses key shipping regions under broad geographic descriptions.

The relevant descriptions for the routes are:

North Asia: Tokyo to Hong Kong

Indian Subcontinent: Karachi to Chittagong

These assessments will be published in Platts Dry Freight Wire; on Platts Shipping Alert pages SHP0510, SHP0514, SHP0511, PGT4000, PGT4006, PGT4001, and in the Platts pricing database under the symbol codes above.

Please send all feedback, comments or questions by to shipping@spglobal.com, containers@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.