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SUBSCRIBER NOTE: Platts to launch 12 new container bunker cost assessments

S&P Global Platts will launch 12 new daily container bunker charge assessments, complementing existing container assessments, from November 1, 2019.

All the new assessments will reflect the use of 0.5% marine fuel.

The new bunker charge assessments will cover the following container routes:

Head-Haul

Route From To Symbol PCR15 North Continent - East Coast South America PCR1500 PCR17 Indian Subcontinent - North Continent PCR1700 PCR19 Indian Subcontinent - North Asia PCR1900 PCR21 East Coast South America - East Coast North America PCR2100 PCR23 Southeast Asia - West Coast North America PCR2300 PCR25 Southeast Asia - East Coast North America PCR2500

Back-Haul

Route From To Symbol PCR16 East Coast South America - North Continent PCR1600 PCR18 North Continent - Indian Subcontinent PCR1800 PCR20 North Asia - Indian Subcontinent PCR2000 PCR22 East Coast North America - East Coast South America PCR2200 PCR24 West Coast North America - Southeast Asia PCR2400 PCR26 East Coast North America - Southeast Asia PCR2600

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

These assessments will be 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, Piraeus, 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 will 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 will be 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@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.