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12 Aug 2013 | 01:08 UTC — London
Following industry feedback, Platts confirms that, with effect from September 2, 2013, Platts will discontinue marine diesel oil bunker fuel assessment across Europe and Africa. Platts will continue to assess marine gasoil in all affected locations. Platts has been assessing MDO for several ports in the EMEA region since 1986. Since that time, demand for MDO has generally been replaced by demand for marine gasoil, or other similar fuels. MDO typically now accounts for less than 1% of bunker fuel supplied at major ports in the EMEA region. These assessments are currently published on Platts Global Alert, Platts Bunkerwire and in the Platts price assessment database. For a complete list of all affected assessments, please see the table below.
DATABASE CODE ASSESSMENT PGA PAGE POADJ00 Rotterdam 1850 POABH00 Antwerp 1850 POABZ00 Hamburg 1850 AAVWB00 Gothenburg 1870 AARSW00 Great Belt 1870 AARSO00 Gdansk 1870 AARTI00 St Petersburg 1870 AARST00 Gibraltar 1860 AARSG00 Algeciras 1860 AARSJ00 Ceuta 1860 AARTA00 Las Palmas/Tenerife 1860 POABR00 Durban 1860
These suspensions follow similar updates to Platts coverage in the Americas, where Platts has previously announced that it will suspend MDO assessments on January 2, 2013. In Asia and the Middle East, Platts has previously announced plans to suspend most MDO assessments on February 1, 2013. MGO assessments have been launched or maintained for all affected ports.