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S&P Global Platts proposes amending three daily dry bulk implied freight assessments, changing vessel size from Panamax to Supramax and basing rates on the GSP 11 index instead of KMAX-9. It also proposes a new Panamax freight assessment derived from the KMAX-9 index.
The changes are a methodology update to published benchmarks.
Benchmark freight assessments influence how grain shipping costs are priced in contracts. The change alters reference rates but does not directly move underlying freight levels.
spglobal.comJun 16, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
