SUBSCRIBER NOTE: Platts proposes to discontinue Portland, Oregon, bunker fuel assessments

Platts proposes to discontinue its ex-wharf and delivered bunker fuel assessments of IFO 380, IFO 180 and MGO in Portland, Oregon, effective September 23, 2016. This discontinuation also includes the Portland bunker barging rate and all relevant monthly average assessments.

The discontinuation reflects changing market conditions within the Pacific Northwest bunker market, particularly Portland, where Platts has observed diminished market liquidity.

These assessments are published on Platts Marine Alert, Platts Bunkerwire, Platts Bunkerworld, Platts Global Alert pages 860-863 and 866-867, and the Platts price assessment database under the following codes:

CODE ASSESSMENT PBAAX00 Bunker FO 380 CST 3.5% Ex-Wharf Portland AAGRQ00 Bunker FO 380 CST 3.5% Ex-Wharf Portland MAvg AAGRO00 Bunker FO 380 CST 3.5% Dlvd Portland AAGRP00 Bunker FO 380 CST 3.5% Dlvd Portland MAvg

PUADJ00 Bunker FO 180 CST 3.5% Ex-Wharf Portland AAGRN00 Bunker FO 180 CST 3.5% Ex-Wharf Portland MAvg AAGRL00 Bunker FO 180 CST 3.5% Dlvd Portland AAGRM00 Bunker FO 180 CST 3.5% Dlvd Portland MAvg

AAWYX00 Marine Gasoil Ex-Wharf Portland AAWYX03 Marine Gasoil Ex-Wharf Portland MAvg AAWYE00 Marine Gasoil Dlvd Portland AAWYE03 Marine Gasoil Dlvd Portland MAvg

AARUK00 Bunker barging rate Portland AARUK03 Bunker barging rate Portland MAvg

Until the discontinuation takes effect, Platts will continue to publish Portland bunker fuel assessments as fixed differentials to the same products in Seattle, Washington. The differential reflects the probable cost to move barrels from Seattle to Portland.

Please send all comments by April 22, 2016, to americas_bunkers@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.