SUBSCRIBER NOTE: Platts proposes to launch new Capesize coal freight assessment

Platts proposes to launch a new Capesize dry bulk freight assessment reflecting the trade route of metallurgical coal from East Australia to Rotterdam.

This new assessment would reflect the growing spot fixture activity basis loading at Hay Point as European metallurgical coal consumers increase their requirements from East Coast Australia.

The assessment would be based on modern Capesize dry bulk tonnage reflecting the route from Hay Point, eastern Australia, to Rotterdam, Northwest Europe for a Capesize vessel carrying metallurgical coal cargo of 160,000 mt. This assessment would be published on a $/mt basis.

Platts proposes to launch the assessment with effect from March 1, 2016.

Please send all comments or questions by January 15, 2016 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.