Platts launches 12 new container bunker cost assessments

S&P Global Platts has launched 12 new daily container bunker charge assessments, complementing the existing container assessments, from November 1, 2019. All of these new assessments reflect the use of 0.5% marine fuel.

The new bunker charge assessments cover the following container routes:

Head-Haul

Route From To Symbol

PBC15 North Continent - East Coast South America PBC1500

PBC17 Indian Subcontinent - North Continent PBC1700

PBC19 Indian Subcontinent - North Asia PBC1900

PBC21 East Coast South America - East Coast North America PBC2100

PBC23 Southeast Asia - West Coast North America PBC2300

PBC25 Southeast Asia - East Coast North America PBC2500

Back-Haul

Route From To Symbol

PBC16 East Coast South America - North Continent PBC1600

PBC18 North Continent - Indian Subcontinent PBC1800

PBC20 North Asia - Indian Subcontinent PBC2000

PBC22 East Coast North America - East Coast South America PBC2200

PBC24 West Coast North America - Southeast Asia PBC2400

PBC26 East Coast North America - Southeast Asia PBC2600

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

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

VLSFO PBC15 and PBC16 -- Rotterdam, Malta, Gibraltar, Houston, New York

VLSFO PBC17 and PBC18 -- Fujairah, Rotterdam, Malta, Gibraltar, Pireaus, Singapore

VLSFO PBC19 and PBC20 -- Fujairah, Shanghai, Zhoushan, Singapore, South Korea, Hong Kong, Japan

VLSFO PBC21 and PBC22 -- Houston, New York, Singapore, Rotterdam

VLSFO PBC23 and PBC24 -- Los Angeles, Singapore, South Korea, Hong Kong, Japan

VLSFO PBC25 and PBC26 -- Los Angeles, New York, Singapore, South Korea, Hong Kong, Japan

LSMGO PBC15 and PBC16 -- Rotterdam, Malta, Gibraltar, Houston, New York

LSMGO PBC17 and PBC18 -- Fujairah, Rotterdam, Malta, Gibraltar, Pireaus, Singapore

LSMGO PBC19 and PBC20 -- Fujairah, Shanghai, Zhoushan, Singapore, Busan, Hong Kong

LSMGO PBC21 and PBC22 -- Houston, New York, Singapore, Rotterdam

LSMGO PBC23 and PBC24 -- Los Angeles, Singapore, Busan, Hong Kong

LSMGO PBC25 and PBC26 -- Los Angeles, New York, Singapore, Busan, Hong Kong

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

All assessments include a sea margin of 5%.

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

PBC15 and PBC16 -- North Continent - East Coast South America range

PBC17 and PBC18 -- Indian Subcontinent - North Continent range

PBC19 and PBC20 -- Indian Subcontinent - North Asia range

PBC21 and PBC22 -- East Coast South America - East Coast North America range

PBC23 and PBC24 -- Southeast Asia - West Coast North America range

PBC25 and PBC26 -- Southeast Asia - East Coast North America range

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

These prices are published in Platts Dry Freight Wire and Platts Global Alert service on the fixed page PGA 3950 and in the Platts database.

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

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