SUBSCRIBER NOTE: Platts proposes discontinuing New Orleans-Alexandria Supramax grains freight assessment

Following industry feedback, Platts proposes discontinuing the New Orleans to Alexandria Supramax grains freight assessment basis 50,000 mt, effective March 1, 2018.

Platts understands that trade from New Orleans to the Mediterranean began in earnest following drought in France in 2015. Since that time, however, the route has seen a significant reduction in volume and become illiquid.

This assessment appears in the Dry Freight Wire pdf and under the code GRNOE00.

Please send all comments or questions by January 31, 2018 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.