09 Jul 2014 | 03:21 UTC — London

SUBSCRIBER NOTE: Platts to launch 500 CST Rotterdam barge assessment Aug 1

Effective August 1, 2014, Platts will launch a new assessment for 500 CST, 3.5% sulfur fuel oil barges, FOB basis Rotterdam. The new assessment will be published alongside all existing Rotterdam fuel oil barge assessments, and separately from a new 500 CST bunker fuel assessment.

The specification reflected in the new assessment will conform to ISO 8217: 2010 specifications, category ISO-F, RMK 500. Specification and assessment parameters will be detailed in the Platts Europe and Africa Refined Oil Products Methodology and Specifications Guide at the time of launch.

The assessment will reflect the value of barges at 16:30 London time, for oil loading three to 15 days forward on Monday-Tuesday, and five to 15 days forward on Wednesday-Friday. During UK public holidays, this schedule and time may change and Platts will publish changes to its typical publishing schedule when the need arises.

The assessment will reflect a barge size of 2,000 mt.

Platts will publish bids, offers and interest to trade RMK 500 CST barges, FOB basis Rotterdam, in front-end, middle-window and back-end loading ranges (FE, MW and BE, respectively), as in Platts' other European fuel oil barge Market on Close assessment processes.

Please send any comments or questions to europe_products@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.