Platts to launch 8 daily Southeast Asia to West Coast India fronthaul, backhaul container freight assessments Dec. 1

Platts, part of S&P Global Commodity Insights, will publish eight daily spot container freight assessments from Dec. 1, extending market coverage to key trading lanes of Southeast Asia and West Coast India.

These assessments will provide a comprehensive view of spot container freight rates for containers transported by both carriers and Non-Vessel Operating Common Carriers (NVOCCs). This approach aims to capture the dynamics of the two-tier market in its entirety.

The new assessments will cover the following routes:

Carrier Assessments:

NVOCC Assessments:

The proposed assessments will reflect the transactable value at 16:30 pm Indian Standard time, for transporting 20-feet equivalent or TEU and 40-feet equivalent, or FEU containers on those routes, for loading 5 to 25 days forward from the date of publication.

The assessments will be published in $/TEU and $/FEU, and will follow the India publishing schedule.

Platts assesses key shipping regions under broad geographic descriptions.

The relevant descriptions for the routes are:

Southeast Asia: Hong Kong to Singapore; normalized to Singapore and Port Klang

West Coast India: Mumbai, Jawaharlal Nehru Port, Mundra; normalized to JNPT and Mundra

These assessments will be published in Containers Daily; 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.

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.