Platts adjusts several ammonia freight specifications July 1

Platts, part of S&P Global Energy, has adjusted the specifications of several ammonia freight assessments, effective July 1, 2026.

It follows a proposal published here on April 13, an extended feedback period, which was detailed in a note published here, and a decision note, published here on June 3.

In view of a growing preference for larger midsize gas carriers (MGCs) in the ammonia sector, Platts has increased the quantity specification of the following assessments to 25,000 mt:

• Ammonia Freight Middle East-India (1 port W. Coast) 23.5kt (FACTK00)
• Ammonia Freight Middle East-India (1 port E. Coast) 23.5kt (FACTN00)
• Ammonia Freight Middle East-Far East Asia (Taiwan) 23.5kt (FACTO00)
• Ammonia Freight Middle East-Far East Asia (South Korea) 23.5kt (FACTP00)
• Ammonia Freight Indonesia-Far East Asia (2 ports) 23kt (FACTS00)
• Ammonia Freight Indonesia-India (2 ports E. Coast) 23kt (FACTU00)

The name of each of these assessments has also been changed to reflect the adjusted quantity specification.

Platts has also:

• Increased the quantity specification of the Ammonia Freight Caribbean-Tampa/US Gulf (2 ports) 23.5kt (FACTA00) assessment to 25,000 mt and reduced the number of discharge ports for the assessment to one – specifically Tampa, Florida
• Increased the number of discharge ports for the Ammonia Freight Indonesia-Far East Asia (2 ports) 40kt (FACTT00) assessment from two to three – specifically Yosu and Ulsan in South Korea and Kaohsiung in Taiwan, reflecting a shift toward three port discharges

The names of each assessment have also been changed to reflect the proposed changes to quantity and discharge port specifications.

In addition, Platts has added a specific fuel consumption rate for loading, discharging, and bunkering to all ammonia freight assessment formulas.

Please send any feedback, questions and comments to fertilizer@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.