Maritime & Shipping

January 18, 2024

Platts proposes to change timestamp and publishing schedule for Asia container assessments

Platts, part of S&P Global Commodity Insights, proposes to change the timestamp and holiday schedule for its Asia container assessments, from 1730 Singapore Standard Time to 1630 Indian Standard Time and change the holiday schedule from the Singapore calendar to the India calendar, with effect from March 4, 2024.

This change is intended to better capture the concentration of trading activity in the Indian Container markets.

Further information on Platts pricing holiday schedule can be found here(opens in a new tab).

Assessments affected by this proposed change are as follows:

Head Haul
Route From To Symbol
PCR23 Southeast Asia West Coast North America PCR2300
PCR25 Southeast Asia East Coast North America PCR2500
PCR33 West Coast India Middle East PCR3300
TCR33 West Coast India Middle East TCR3300
PCR39 Indian Subcontinent East Coast North America PCR3900
PCR45 North Asia East Coast Australia PCR4500
PCR47 North Asia West Coast Australia PCR4700
PCR49 Southeast Asia East Coast Australia PCR4900
PCR51 Southeast Asia West Coast Australia PCR5100
PCR53 North Asia Indian Subcontinent PCR5300
Back Haul
PCR24 West Coast North America Southeast Asia PCR2400
PCR26 East Coast North America Southeast Asia PCR2600
PCR34 Middle East West Coast India PCR3400
TCR34 Middle East West Coast India TCR3400
PCR40 East Coast North America Indian Subcontinent PCR4000
PCR46 East Coast Australia North Asia PCR4600
PCR48 West Coast Australia North Asia PCR4800
PCR50 East Coast Australia Southeast Asia PCR5000
PCR52 West Coast Australia Southeast Asia PCR5200
PCR54 Indian Subcontinent North Asia PCR5400

Bids, offers, trades and indicative values would only be considered for the assessment if they are received before the 1630 Indian time cutoff.

These assessments are published in Platts Dry Freight Wire and Platts Dry Freight Wire Monthly; on Platts Shipping Alert pages SHP0510, SHP0514, SHP0511, PGT4000, PGT4006, PGT4001, and in the Platts pricing database under the symbol codes above.

Please send all feedback, comments or questions by to shipping@spglobal.com, containers@spglobal.com and pricegroup@spglobal.com by Feb. 2 2024.

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.