Platts includes SA Equatorial FSU in Singapore fuel oil cargo, ex-wharf bunker MOC from March 18

Platts, part of S&P Global Commodity Insights, has included the vessel SA Equatorial as an additional loading point in its Platts Singapore Market on Close assessment process for cargo and ex-wharf bunkers for marine fuel 0.5% and 380 CST HSFO from March 18.

SA Equatorial (IMO 9116400) is operated by Southern Ace Marine Sdn. Bhd. as a floating storage unit at Tanjung Pelapas, within Johor Bahru Port Limits in southern Malaysia's Johor state.

Platts first proposed including the FSU as an additional loading point in a subscriber note published Oct. 20, 2023: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/102023-platts-proposes-including-sa-equatorial-fsu-in-singapore-fuel-oil-cargo-ex-wharf-bunker-moc-from-dec-4.

There are now 10 FSUs approved as additional loading points in the FOB Singapore cargo and ex-wharf bunkers MOC process for marine fuel 0.5% and 380 CST HSFO. The standards applicable to approved FSUs require that sellers specifically name the vessel used as a loading point at the time of submitting offers to S&P Global for publishing.

Any offer of oil from vessels accredited for the FOB Singapore cargo and ex-wharf bunkers MOC process for marine fuel 0.5% and 380 CST HSFO would be on FOB FSU basis.

Sellers cannot unilaterally nominate an approved vessel as a loading point in FOB Straits trades.

Please send all feedback and comments to asia_products@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by S&P Global for public viewing. S&P Global will consider all comments received and make comments not marked as confidential available upon request.