Refined Products, Maritime & Shipping, Fuel Oil, Bunker Fuel

May 30, 2025

Platts includes Southern Emperor FSU in Singapore fuel oil cargo, ex-wharf bunker MOC from May 30

Platts, part of S&P Global Commodity Insights, has included the vessel Southern Emperor 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 May 30, 2025.

Southern Emperor (IMO 9294068) is operated by Southern Ace Marine Sdn. Bhd. as a floating storage unit at Kukup, Malaysia.

Platts first proposed including the FSU as an additional loading point in a subscriber note published April 22.

There are now 14 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 Platts 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.

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