Platts includes SA Capricorn FSU in Singapore fuel oil cargo, ex-wharf bunker MOC from Nov 15

Platts, part of S&P Global Commodity Insights, has included the ship SA Capricorn as an additional loading point in its Platts Singapore Market on Close assessment process for cargo and ex-wharf bunkers for marine fuel 0.5% and 380 CST HSFO from Nov. 15.

SA Capricorn (IMO 9230878) is operated by Southern Ace Marine as a floating storage unit in Tanjung Pelapas, within Johor Bahru Port Limits in southern Malaysia's Johor state.

Platts first proposed including the FSU as an additional loading point in a subscriber note published Oct.2.

There are now 12 FSUs approved as additional loading points in the FOB Singapore cargo and ex-wharf bunkers MOC for marine fuel 0.5% and 380 CST HSFO. The standards applicable to approved FSUs require that sellers specifically name the ship used as a loading point at the time of submitting offers to Platts for publishing.

Any offer of oil from ships accredited for the FOB Singapore cargo and ex-wharf bunkers MOC for marine fuel 0.5% and 380 CST HSFO would be on a FOB FSU basis.

Sellers cannot unilaterally nominate an approved ship as a loading point in FOB Straits trades.

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