Platts proposes adding Livorno to ports reflected in ULSD CIF Med assessment

S&P Global Platts proposes to expand the list of ports reflected in its Market on Close assessment process for CIF Mediterranean ULSD cargoes, effective March 15, 2021, to include Livorno in Italy.

Following market feedback, Platts understands that Livorno is an import location for diesel, more so when the adjacent refinery is undergoing maintenance or running at very low rates. Platts understands the port to be suitable to handle handy-size tankers for cargo discharge on at least two different berths and a current ULSD storage capacity of 16,000 cubic meters.

Under the proposal, Platts would start publishing bids and offers for "Livorno" in the Platts Market on Close assessment process for CIF Med ULSD Cargoes, in addition to the ports currently reflected.

Platts currently publishes bids and offers for the following locations:

Cyprus : VTT Vasiliko;

Egypt: Alexandria;

France: La Nouvelle, Lavera, Sete;

Greece: Agioi Theodori, Elefsis, Thessaloniki;

Italy: Falconara, Fiumicino, Genoa, Gaeta, Naples, Venice;

Malta: Malta;

Morocco: Tangier;

Slovenia: Koper;

Spain: Algeciras Barcelona, Castellon, Cartagena, Huelva, Huelva (South Terminal), Malaga, Tarragona, Valencia;

Tunisia: La Skhirra;

Turkey: Aliaga, Aliaga (Total Terminal), Aliaga (PO Terminal), Dortyol, Iskenderun (PO Terminal), Mersin.

Platts is requesting feedback on all aspects of this proposal, including the suitability of Livorno as well as the current list of ports reflected in the assessment process.

The CIF Med ULSD cargo assessment is published in Platts European Marketscan and PGA page 1420 as well as in the Platts price database under the code AAWYZ00.

Please send any feedback by February 15, 2021, to Europe_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.