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Maritime & Shipping
September 04, 2023
Platts, part of S&P Global Commodity Insights, has launched four new daily spot container freight assessments and four monthly average equivalents from Sept. 4, extending market coverage to key trading lanes of North Asia and Indian Subcontinent.
The new assessments cover the following routes, and are published under these codes:
| Head Haul | ||||
| Route | From | To | Symbol | Mavg |
| PCR53 | North Asia | Indian Subcontinent | PCR5300 | PCR5303 |
| TCR53 | North Asia | Indian Subcontinent | TCR5300 | TCR5303 |
| Back Haul | ||||
| PCR54 | Indian Subcontinent | North Asia | PCR5400 | PCR5403 |
| TCR54 | Indian Subcontinent | North Asia | TCR5400 | TCR5403 |
The assessments reflect the transactable value at 17:30 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 are published in $/TEU and $/FEU, and follow the Platts 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 are published in Platts Dry Freight Wire and Platts Dry Freight Wire Monthly; 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.