Platts launches Valparaiso Marine Fuel 0.5% bunkers assessment

S&P Global Platts has launched a new daily price assessment for IMO-compliant Marine Fuel 0.5% bunkers on a delivered basis in Valparaiso, Chile, effective January 2, 2020.

Platts is publishing a Marine Fuel 0.5% bunker fuel price assessment in Valparaiso on a delivered basis for 3-7 days forward from the date of publication. The assessment reflects deliveries for 250-1,500 mt. The new assessment’s symbol is AMFVA00, with the monthly average AMFVA03. This assessment was first proposed in a subscriber note published December 5: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/120219-platts-launches-additional-americas-marine-fuel-05-bunker-assessments. The new assessment has been added to the existing suite of Marine Fuel 0.5% bunker assessments in the Americas: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/120219-platts-launches-additional-americas-marine-fuel-05-bunker-assessments.

Platts will continue to review the publication of high sulfur bunker fuel assessments at locations where they currently exist. In line with Platts' existing Marine Fuel 0.5% bunker and cargo assessments, the new IMO-compliant bunker fuel assessment will reflect specifications for RMG fuels as defined by the International Organization for Standardization in document ISO 8217:2010 Petroleum products -- Fuels (class F) -- Specifications of marine fuels, but with a maximum sulfur limit of 0.5%.

Please send all questions and comments to americas_products@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.