SUBSCRIBER NOTE: Platts to launch new Supramax coal freight assessments

Following a period of industry consultation and feedback, S&P Global Platts will launch five new Supramax dry bulk freight assessments to reflect the increasing liquidity on coal trade from South Kalimantan, Indonesia and Richards Bay, South Africa, to Navalakhi, West Coast India, and Paradip in East Coast India respectively.

Platts will launch these assessments with effect from September 1.

The new assessments will reflect the growing spot fixture activity on these routes basis 50,000 mt (plus/minus 10%) for meeting the thermal coal requirements of Indian consumers.

The following will be the new assessments and their respective codes:

The assessments will be published on a dollar per metric ton basis and will appear in Platts Dry Freight Wire and Dry Freight Wire Monthly.

Any further feedback or questions should be directed 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.