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What is Platts Methanol Bunker Rotterdam?
What is Platts Methanol Bunker Rotterdam?
Platts methanol bunker Rotterdam is the methanol price assessment by S&P Global Commodity Insights reflecting the value of methanol used as a marine fuel at the port of Rotterdam.
S&P Global publishes methanol bunker fuel calculations converted to LNG and oil energy content equivalents, enabling comparison with other marine fuels.
Alongside the launch of methanol bunker fuel assessments, S&P Global has introduced daily cost comparisons for alternative marine fuels, reflecting the calorific value comparison of methanol bunker fuel, LNG bunker fuel, marine fuel oil, and marine gasoil.
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How does Platts assess Rotterdam methanol bunker fuels?
How does Platts assess Rotterdam methanol bunker fuels?
Platts assesses methanol bunker fuel at a differential from its daily methanol FOB Rotterdam spot assessment calculated in $/mt.
The flat price includes the logistics costs from the terminal to the barge or truck, and charges for delivery direct to the receiving vessel.
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Evolution of Platts Rotterdam methanol bunkers assessment
Evolution of Platts Rotterdam methanol bunkers assessment
The new assessments meet growing market demand on the back of an increased build-out in vessels utilizing methanol as a marine fuel and related activities at this major bunkering hub – Rotterdam.