SUBSCRIBER NOTE: Platts reduces max sulfur content for Durban MGO bunkers assessment

Following observed changes in South Africa's bunker fuel market, S&P Global Platts has reduced the maximum sulfur content reflected in the delivered Durban Marine Gasoil assessment [PUAGY00, monthly average PUAGY03]. The previous 1.5% sulfur limit has been reduced to 0.1%, effective February 1, 2019.

The change was prompted by Platts' understanding that the majority of traded volumes at the port are now for 0.1% low sulfur MGO.

This follows a decision note to reduce the maximum sulfur content at Durban, published December 18, 2018, the link for which can be found here:

https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/121818-pl atts-to-reduce-max-sulfur-content-for-durban-mgo-bunkers-assessment

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