11 Dec 2012 | 02:31 UTC — London

Subscriber note: Platts proposes to change Dunkirk bunkers to delivered basis

Platts proposes to change the basis of bunker fuel assessments in France's northern port of Dunkirk from an ex-wharf basis to a delivered basis, effective July 1, 2013.

The proposed change of basis reflects market feedback on standard supply practices in the French port. In 2010, the only ex-wharf bunker fuel supplier in the port, Total, shut down its refinery in response to a decline in oil product demand. As a result of the refinery's closure, the majority of deliveries in the port shifted to delivered bunker fuel from ex-wharf.

Platts currently normalizes activity reported in Dunkirk's delivered bunker fuel market to reflect ex-wharf values.

Please send any feedback, comments or queries by March 1, 2013 to europe_products@platts.com and pricegroup@platts.com.