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20 Jun 2013 | 09:41 UTC — London
Following industry feedback, Platts confirms that with effect from July 1, 2013, Platts will change the basis of bunker fuel assessments in France's northern port of Dunkirk from an ex-wharf basis to a delivered basis. The change of basis reflects market feedback on standard supply practices in the French port. In 2010, the only ex-wharf bunker fuel supplier in the port, Total, shut down its refinery in response to a decline in oil product demand. As a result of the refinery's closure, the majority of deliveries in the port shifted to delivered bunker fuel from ex-wharf. Platts currently normalizes activity reported in Dunkirk's delivered bunker fuel market to reflect ex-wharf values. This change is effective for the codes of PUAEL00, AASUM00, PUABT00, AASUN00 and POABT00. Please send any further comments, questions or feedback to europe_products@platts.com and pricegroup@platts.com.