23 Mar 2021 | 13:06 UTC — New York

Platts clarifies quality reflected in European fuel oil assessments

S&P Global Platts would like to clarify the quality of product reflected in its European fuel oil assessments.

Product reflected in Platts fuel oil assessments "shall not contain petrochemical wastes, residues from acid-catalyzed refining process, spent chemicals, waste lubricants, tar bottoms or hazardous waste".

Furthermore, product that contains any material beyond the trace level that is proven to cause significant ship engine damage is considered unmerchantable.

Please send all comments 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.