SUBSCRIBER NOTE: Platts to add two new container bunker cost assessments

S&P Global Platts will begin publishing two new daily container bunker charge assessments and two net box rate assessments, excluding bunker charges, complementing existing container assessments, from November 1, 2018.

The new assessments will cover the following container routes that are already assessed by Platts:

Head-Haul

Route From To Symbol PCR9 North Continent East Coast North America PCR0900

Back-Haul

Route From To Symbol PCR10 East Coast North America North Continent PCR1000

The bunker charge assessments will reflect the bunker costs for transporting a forty-foot container on the above routes and will be expressed in $/FEU.

These assessments will be calculated using $/mt bunker prices in representative ports, published by Platts.

IFO380 PCR9 and PCR10 -- Rotterdam, New York, Savannah, Charleston and Norfolk

LSMGO PCR9 and PCR10 -- Rotterdam, New York, Savannah, Charleston, and Norfolk

The bunker charge round voyage weighting allocation, vessel speed and consumption used in the bunker charge calculations are arrived at by extensive market survey and reflect market practice.

All assessments will include a sea margin of 5%.

The voyage durations are arrived at by extensive market survey and the vessel will proceed on a round voyage basis to ports in geographical rotation within the below ranges.

PCR9 and PCR10 -- East Coast North America-Rotterdam range

The above variables used in calculating bunker charge assessments will be regularly updated to reflect market practice and new regulations.

The new net box rate assessments will be calculated by deducting the daily values of bunker charge assessments from the box rate assessments for the above routes and will also be on a $/FEU basis.

These prices will be published in Platts Dry Freight Wire and Platts Global Alert service on the fixed page PGA 3960 and in the Platts database.

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