24 Sep 2019 | 03:11 UTC — Singapore

SUBSCRIBER NOTE: Platts proposes including Nordic Sirius in Singapore Marine Fuel 0.5% MOC

S&P Global Platts is considering the inclusion of the Nordic Sirius as an additional delivery point in the FOB Singapore Marine Fuel 0.5% assessment process.

Nordic Sirius (IMO 9194995) is operated by V.Ships UK Ltd as a floating storage unit at Tanjung Pelepas in southern Malaysia's Johor state.

There are currently seven FSUs approved as additional delivery points in the Platts FOB Singapore fuel oil and marine fuel assessment process. The standards applicable to approved FSUs require that sellers specifically name the vessel used as delivery point at the time of submitting offers to Platts for publishing.

Any offer of oil from vessels accredited for the FOB Singapore fuel oil and marine fuel assessment process would be on a FOB FSU basis. Sellers cannot unilaterally nominate an approved vessel as a delivery point in FOB Straits trades.

Please send all feedback and comments by October 23, 2019 to asia_products@spglobal.com and pricegroup@spglobal.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.