SUBSCRIBER NOTE: Platts to change cargo size, description on Handysize dry bulk scrap route to Turkey

In response to market changes and industry feedback, S&P Global Platts confirms it will change the description and methodology of the Rotterdam-Turkey Handysize scrap freight assessment basis 25,000 mt, to a Rotterdam-Turkey Supramax scrap freight assessment basis 30,000 mt. The effective date is December 1, 2017.

Platts will normalize any other cargo size on this route to a 30,000 mt basis.

Platts proposed this change in a note published August 15, 2017 (https://www.platts.com/subscriber-notes-details/26787717).

This change is a reflection of a more frequent flow of 30,000 mt than 25,000 mt steel scrap cargoes loaded out of Rotterdam, to Aliaga.

The assessments appear in Dry Freight Wire and the fixed page PMA-3912 under code MSRAT00.

Please send any feedback or questions 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 to the public upon request.