Maritime & Shipping

September 04, 2023

Platts launches eight Asia to Australia fronthaul, backhaul container freight assessments

Platts, part of S&P Global Commodity Insights, has launched eight new daily spot container freight assessments, effective Sept. 4, complementing existing box rate assessments, and extending market coverage to key trading lanes in both North Asia and Southeast Asia-to-Australia.

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

Headhaul
Route From To Symbol Mavg
PCR45 North Asia EC Australia PCR4500 PCR4503
PCR47 North Asia WC Australia PCR4700 PCR4703
PCR49 Southeast Asia EC Australia PCR4900 PCR4903
PCR51 Southeast Asia WC Australia PCR5100 PCR5103
Backhaul
PCR46 EC Australia North Asia PCR4600 PCR4603
PCR48 WC Australia North Asia PCR4800 PCR4803
PCR50 EC Australia Southeast Asia PCR5000 PCR5003
PCR52 WC Australia Southeast Asia PCR5200 PCR5203

These daily assessments reflect the transactable value at 17:30 Singapore time, for transporting 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 $/FEU and will 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

Southeast Asia: Hong Kong to Singapore

These assessments are published in Platts Dry Freight Wire and 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 to shipping@spglobal.com, containers@spglobal.com, and pricegroup@spglobal.com.