Platts launches four Southeast Asia-North America fronthaul, backhaul container PBX rates Sep 1

S&P Global Platts has launched four Platts Bunker-Excluded (PBX) container spot rates for Southeast Asia to North America fronthaul and backhaul routes, effective Sept. 1, 2021, to complement its existing suite of container box rates and Platts Bunker Charge assessments on these routes.

Platts first proposed launching these assessments in a subscriber note published July 1, 2021: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/070121-platts-proposes-to-launch-4-southeast-asia-north-america-fronthaul-backhaul-container-pbx-rates.

The new PBX assessments reflect the value of transporting 40-foot equivalent containers for loading five to 25 days forward on those routes, excluding the cost of bunker fuel. They are calculated by subtracting the existing Platts Bunker Charge assessments from the container box rate assessments on the respective routes.

The assessments are published in $/FEU and reflect the transactable value at the Asian market close of 5:30 pm Singapore time (0930 GMT). They follow the Singapore publishing schedule.

The new assessments are:

These assessments appear in Platts Dry Freight Wire and Platts Dry Freight Wire Monthly; Platts Shipping Alert page SHP 0520 and Platts Global Bunker Alert page PGB 39630; and in the Platts price database under the codes above.

Please send any further comments or questions to shipping@spglobal.com and pricegroup@spglobal.com.

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