SUBSCRIBER NOTE: Platts to change USAC residual fuel cargo size

Following industry feedback, Platts confirms that it will change the cargo size considered for assessment of all residual fuel oil cargoes delivered in the Atlantic Coast with effect from April 1, 2014. Platts initially proposed to amend the size of cargos reflected in its assessments in a subscriber note published on June 7. Under the change, cargo sizes used for the assessment will be reduced from 120,000 barrels to 50,000 barrels. This move will bring Platts assessments more closely in line with current prevailing industry norms. Spot barge availability in the Atlantic Coast has evolved in recent years, as larger barges have typically moved to the USGC, leaving smaller barges in the USAC markets. Platts will continue to assess the market on a delivered basis. Please send any further comments by February 3, 2014 to americas_products@platts.com and to 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.