SUBSCRIBER NOTE: Platts to launch new dry bulk Panamax assessments Dec 1

Platts confirms that it will launch a number of new dry bulk Panamax freight assessments on December 1, 2014 reflecting established trade routes of coal, grain and iron ore from East coast Canada, US East coast, US Gulf Coast, Brazil and the Black Sea.

The launch of assessments for these routes follows feedback to Platts' proposal, published on October 3. Platts is launching assessments for all routes proposed, except for a 70,000 mt, iron ore route from Sao Luis, Brazil to Rotterdam, Netherlands, which Platts will continue to review.

These new assessments reflect strong market interest in these routes and will be based on modern Panamax dry bulk tonnage. Each assessment would be published on a dollar per metric ton basis. A full list of new assessments is provided below.

Size Cargo Type Origin Destination 60,000 mt grain New Orleans Qingdao, China 60,000 mt grain New Orleans Fangcheng, South China* 60,000 mt grain New Orleans Alexandria, Egypt 60,000 mt grain Odessa Dammam, Saudi Arabia 60,000 mt grain Odessa Alexandria, Egypt 70,000 mt coal Hampton Roads Isdemir, Turkey 70,000 mt iron ore Port Cartier Rotterdam, Netherlands 70,000 mt iron ore Tubarao Rotterdam, Netherlands 80,000 mt iron ore Tubarao Qingdao, China

*This will be a differential to the New Orleans-Qingdao value

Please send all further 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.