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Agriculture, Refined Products, Maritime & Shipping, Biofuel, Fuel Oil, Bunker Fuel
November 06, 2025
Platts, part of S&P Global Commodity Insights, will launch FuelEU maritime CO2 abatement assessments that exclude EU Emissions Trading System costs on Nov. 17, 2025.
The new assessments will complement the existing FuelEU CO2 abatement assessments -- which are inclusive of EU ETS costs -- by quantifying the cost of emissions abatement under FuelEU maritime legislation, from biofuel combustion in place of conventional fossil fuels.
The assessments will have the following descriptions and symbols for both daily and monthly averages:
| Assessment | Symbol | Monthly Average |
FuelEU CO2 Abatement UCOME Rotterdam (VLSFO) EU ETS exclusive | MGAMB00 | MGAMB03 |
| FuelEU CO2 Abatement UCOME Rotterdam (MGO) EU ETS exclusive | MGAMA00 | MGAMA03 |
FuelEU CO2 Abatement B30 Rotterdam (VLSFO) EU ETS exclusive | MGAMC00 | MGAMC03 |
FuelEU CO2 Abatement UCOME Rotterdam (VLSFO) EU ETS exclusive (Mirror) | MGAME00 | MGAME03 |
FuelEU CO2 Abatement UCOME Rotterdam (MGO) EU ETS exclusive (Mirror) | MGAMD00 | MGAMD0 3 |
FuelEU CO2 Abatement B30 Rotterdam (VLSFO) EU ETS exclusive (Mirror) | MGAMF00 | MGAMF03 |
Platts B30 Rotterdam biobunker assessments reflect a marine fuel blend of 30% used cooking oil methyl ester and 70% very low sulfur fuel oil.
The FuelEU maritime CO2 abatement assessments will be expressed in terms of $/mtCO2e, allowing for standardized comparisons across different fuel types. The emissions factors for Well-to-Wake emissions will be calculated in accordance with EU Regulation 2023/1805 of the European Parliament.
For UCOME, the default emissions value is 14.9 gCO2eq/MJ under the EU Renewable Energy Directive.
The assessments will be published on the following fixed pages for daily assessments (PGB2050, PGA2051, PRF2050) and the following for monthly averages (PGB2052, PGA2053, PRF2052).
They will be published in the Bunkerwire and Bunkerwire Monthly reports, along with Biofuelscan.
Additionally, Platts will publish all FuelEU CO2 abatement assessments mirror symbols on the following fixed pages for daily assessments (CMA2500, ETA2500) and the following for monthly averages (CMA2501, ETA2501). The mirror symbols will also appear in the Carbon Markets Daily report.
Please send any questions, comments or feedback to mrts_biofuelsandfeedstocks@spglobal.com, shipping@spglobal.com, and pricegroup@spglobal.com.
For written comments, please indicate if they are not intended for publication by Platts for public viewing. We will consider all comments received and will make comments not marked as confidential available upon request.