Platts proposes to discontinue most global 180 CST high sulfur bunker assessments

S&P Global Platts is proposing to discontinue publishing most of its IFO 180 CST bunker fuel assessments globally from January 4, 2021.

The proposed discontinuation follows market feedback that IFO 180 is no longer being produced or sold at most locations globally following the introduction of a 0.5% sulfur cap in marine fuels by the International Maritime Organization from January 1, 2020.

The global market was observed to have mostly transitioned away from high sulfur fuel oil to trade low sulfur bunker fuel, and IFO 380 CST is the predominant grade traded in the high sulfur market.

Platts will continue to publish its Bunker FO 180 CST 3.5% Dlvd Durban (Africa) assessment, following market feedback which suggests IFO 180 CST as the predominant grade traded at that port.

Separately, Bunkerworld currently publishes IFO 180 CST prices for Great Belt in Denmark, Port Elizabeth in South Africa, Ras Tanura, Dammam, Jeddah, Yanbu and Rabigh in Saudi Arabia, and Arzew in Algeria. These prices will continue to be published in Bunkerworld.

Platts continues to engage with the market and monitor spot trading activity across locations and products to review specifications, methodology and assessments.

Since July 1, 2019, Platts started publishing daily price assessments for IMO-compliant Marine Fuel 0.5% bunkers on delivered and ex-wharf basis at key ports globally. Platts first began publishing daily cargo and barge assessments for Marine Fuel 0.5% globally on January 2, 2019: http://plts.co/hcFG30p2r3a.

The assessments proposed for discontinuation and the Platts price database codes they appear under are as below:

ASIA

Assessment Code Mavg

Bunker FO 180 CST Dlvd Singapore PUADW00 PUADW03

Bunker FO 180 CST Dlvd Japan PUACK00 PUACK03

Bunker FO 180 CST Dlvd West Japan AARJY00 AARJY03

Bunker FO 180 CST Dlvd South Korea PUADT00 PUADT03

Bunker FO 180 CST Dlvd Busan PUAGP00 PUAGP03

Bunker FO 180 CST Dlvd Hong Kong PUACC00 PUACC03

Bunker FO 180 CST Dlvd Shanghai AARKC00 AARKC03

Bunker FO 180 CST Dlvd Sydney PUAEA00 PUAEA03

Bunker FO 180 CST Dlvd Kuwait PUACP00 PUACP03

Bunker FO 180 CST Dlvd Fujairah PUAXQ00 PUAXQ03

Bunker FO 180 CST Dlvd Khor Fakkan PUACO00 PUACO03

Bunker FO 180 CST Dlvd Mumbai AASSG00 AASSG03

Bunker FO 180 CST Dlvd Colombo PUAGR00 PUAGR03

Bunker FO 180 CST Ex-Wharf Singapore AAFET00 AAFEU00

EUROPE Code Mavg

Bunker FO 180 CST 3.5% Dlvd Rotterdam (NWE) PUADN00 PUADN03

Bunker FO 180 CST 3.5% Dlvd Antwerp (NWE) PUABG00 PUABG03

Bunker FO 180 CST 3.5% Dlvd Hamburg (NWE) PUABZ00 PUABZ03

Bunker FO 180 CST 3.5% Dlvd Dunkirk (NWE) PUABT00 PUABT03

Bunker FO 180 CST 3.5% Dlvd St Petersburg (NWE) AAHSS00 AAHST00

Bunker FO 180 CST 3.5% Dlvd Gdansk (NWE) AAHSY00 AAHSZ00

Bunker FO 180 CST 3.5% Dlvd Gothenburg (NWE) AAVVY00 AAVVY03

Bunker FO 180 CST 3.5% Dlvd Las Palmas/Tenerife (Med) PUACU00 PUACU03

Bunker FO 180 CST 3.5% Dlvd Canary Islands (Africa) PUAGV00 PUAGV03

Bunker FO 180 CST 3.5% Dlvd Gibraltar (Med) AAJZZ00 AAKAA00

Bunker FO 180 CST 3.5% Dlvd Algeciras (Med) PUACT00 PUACT03

Bunker FO 180 CST 3.5% Ex-Wharf Ceuta (Med) PUABL00 PUABL03

Bunker FO 180 CST 3.5% Ex-Wharf FrenchMed (Med) PUABX00 PUABX03

Bunker FO 180 CST 3.5% Ex-Wharf Genoa (Med) PUACX00 PUACX03

Bunker FO 180 CST 1% Ex-Wharf Genoa (Med) AARSQ00 AARSQ03

Bunker FO 180 CST 3.5% Ex-Wharf Augusta (Med) PUABF00 PUABF03

Bunker FO 180 CST 3.5% Dlvd Malta (Med) PUBFG00 PUBFG03

Bunker FO 180 CST 3.5% Dlvd Novorosiisk (Med) AASHE00 AASHE03

Bunker FO 180 CST 3.5% Dlvd Istanbul (Med) PUACG00 PUACG03

Bunker FO 180 CST 3.5% Dlvd Piraeus (Med) PUADK00 PUADK03

Bunker FO 180 CST 1% Dlvd Piraeus (Med) AARTE00 AARTE03

Bunker FO 180 CST 3.5% Offshore Dlvd Nigeria (Africa) PUAGT00 PUAGT03

Bunker FO 180 CST 3.5% Dlvd Lome (Africa) AAYJK00 AAYJK03

AMERICAS Code Mavg

Bunker FO 180 CST 3.5% Ex-Wharf Houston PUACE00 AAGPC00

Bunker FO 180 CST 3.5% Dlvd Houston AAGPA00 AAGPB00

Bunker FO 180 CST 3.5% Ex-Wharf New Orleans PUADC00 AAGQD00

Bunker FO 180 CST 3.5% Dlvd New Orleans AAGQB00 AAGQC00

Bunker FO 180 CST 3.5% Ex-Wharf New York PUADE00 AAGQM00

Bunker FO 180 CST 3.5% Dlvd New York AAGQK00 AAGQL00

Bunker FO 180 CST 3.5% Ex-Wharf Montreal PUACY00 AAGPU00

Bunker FO 180 CST 3.5% Dlvd Montreal AARUQ00 AARUQ03

Bunker FO 180 CST 3.5% Ex-Wharf Philadelphia PUADH00 AAGRE00

Bunker FO 180 CST 3.5% Dlvd Philadelphia AAGRC00 AAGRD00

Bunker FO 180 CST 3.5% Ex-Wharf Norfolk PUADA00 AAGQV00

Bunker FO 180 CST 3.5% Dlvd Norfolk AAGQT00 AAGQU00

Bunker FO 180 CST 3.5% Ex-Wharf Charleston AAMOH00 AAMOI00

Bunker FO 180 CST 3.5% Dlvd Charleston AAMNY00 AAMNZ00

Bunker FO 180 CST 3.5% Ex-Wharf Savannah AAXJS00 AAXJS03

Bunker FO 180 CST 3.5% Ex-Wharf Los Angeles PUACR00 AAGPL00

Bunker FO 180 CST 3.5% Dlvd Los Angeles AAGPJ00 AAGPK00

Bunker FO 180 CST 3.5% Ex-Wharf San Francisco PUBCZ00 AAGRW00

Bunker FO 180 CST 3.5% Dlvd San Francisco AAGRU00 AAGRV00

Bunker FO 180 CST 3.5% Ex-Wharf Seattle PUADP00 AAGSF00

Bunker FO 180 CST 3.5% Dlvd Seattle AAGSD00 AAGSE00

Bunker FO 180 CST 3.5% Ex-Wharf Vancouver AAIAV00 AAIAW00

Bunker FO 180 CST 3.5% Dlvd Vancouver AAJKW00 AAJKX00

Bunker FO 180 CST 3.5% Ex-Wharf Balboa PUBAC00 PUBAC03

Bunker FO 180 CST 3.5% Ex-Wharf Cristobal PUABJ00 PUABJ03

Bunker FO 180 CST 3.5% Ex-Wharf Panama Canal AAXWL00 AAXWL03

Bunker FO 180 CST 3.5% Dlvd Cartagena PUBAE00 PUBAE03

Bunker FO 180 CST 3.5% Dlvd El Callao PUAYO00 PUAYO03

Bunker FO 180 CST 3.5% Dlvd Guayaquil AAJOE00 AAJOF00

Bunker FO 180 CST 3.5% Dlvd La Libertad PUAYS00 PUAYS03

Bunker FO 180 CST 3.5% Dlvd Valparaiso PUAYQ00 PUAYQ03

These assessments appear in Platts Bunkerwire, Bunkerwire Monthly, Asia-Pacific/Arab Gulf Marketscan, Latin American Wire, Oilgram Price Report, Oilgram Price Report Monthly, Platts Bunker Alert pages 2850, 2851, 1860, 1851, 1861, 1871, 1850, 1870, 862, 860, 863, 861, 871, 870, Platts Global Alert pages 2554, 2010, 2555, 2011, 2510, 2502, 2002, 2511, 2503, 2003, Platts Shipping Alert pages 210, 211, 1220, 1211, 1221, 1231, 1210, 1230, 2220, 2210, 2221, 2211, 2241, and 2240.

Please send all questions and comments to oilgroup@spglobal.com and pricegroup@spglobal.com by July 31, 2020.

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.