S&P Global Platts has continued to expand its portfolio of dry bulk pricing benchmarks with the launch of a weighted average index for supramaxes.
The new indices — Asia Pacific Supramax Index (APSI) 5 and 5S — are a demand-weighted average of five key time charter equivalent (TCE) assessments basis 0.5% sulphur bunker fuel and scrubber-fitted ships respectively.
S&P Global Platts APSI 5 (basis 0.5%