SUBSCRIBER NOTE: Platts to reduce Portland bunker volumes Feb 3

Platts confirms that it will amend the volumes reflected in its bunker fuel assessments for in Portland, Oregon to 200-800 mt with effect from February 3, 2014. Currently, the volumes reflected in these assessments are 500-2,000 mt.

This planned reduction in the sizes reflected follows feedback to a proposal note published by Platts on October 15, 2013. The reduction in reflected volumes for both high sulfur bunkers and low sulfur bunkers follows feedback from suppliers in the market that typical sales and supply volumes are generally in the range of 200-800 mt for each stem supplied. Research shows that smaller bunker volumes are sold in Portland compared to other US West Coast ports due to draft restrictions along the Columbia River.

This proposed update to volumes reflected would affected the following high sulfur assessments: ex-wharf 380 CST bunker fuel (Platts market data code PBAAX00), ex-wharf 180 CST bunker fuel (PUADJ00), delivered 380 CST bunker fuel (AAGRO00) and delivered 180 CST bunker fuel (AAGRL00).

The following low sulfur assessments would also be affected: ex-wharf 1%S 380 CST bunker fuel (AAWTB00), ex-wharf 1%S 180 CST bunker fuel (AAWSZ00), delivered 1%S 380 CST bunker fuel (AAWTA00) and delivered 1%S 180 CST bunker fuel (AAWSY00).

Finally, the following Marine Gasoil assessments would be affected: delivered MGO (AAWYE00) and ex-wharf MDO (AAWYX00).

These assessments appear in Platts Bunkerwire and on PGA pages 860 and 862. Please send any further questions and comments to americas_products@platts.com and pricegroup@platts.com