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21 Feb 2014 | 10:13 UTC — Singapore
Platts is considering the Merlion, Star Bright and Marine Star as additional delivery points in the FOB Singapore fuel oil assessment process. The VLCC Merlion is operated by PTT International Trading Pte Ltd while the VLCCs Star Bright and Marine Star are operated by Southernpec (Singapore) Shipping Pte Ltd and are classed as floating storage units, or FSUs. All three vessels are anchored at Tanjung Pelepas in the Johor province of southern Malaysia. The VLCC Southernpec 3, which is operated by Southernpec, is currently approved as an additional delivery point in the FOB Singapore fuel oil assessment process. The Southernpec 3 is anchored at Tanjung Pelepas in the Johor province of southern Malaysia. Platts methodology already reflects loadings from Pasir Gudang, Tanjung Langsat, Tanjung Bin and floating storage unit in its FOB Singapore assessment process. The standards applicable to approved floating storage units require that sellers specifically name the vessel used as delivery point. Please send comments or questions by March 20, 2014, to asia_oilproducts@platts.com and pricegroup@platts.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.