Platts proposes changes to several ammonia freight specifications June 1

Platts, part of S&P Global Energy, is proposing changes to the specifications of several ammonia freight assessments, effective June 1, 2026.

In view of a growing preference for larger midsize gas carriers (MGCs) in the ammonia sector, Platts proposes to raise the quantity specification of the following assessments to 25,000 mt:

· Ammonia Freight Middle East-India (1 port W. Coast) 23.5kt ( FACTK00)

· Ammonia Freight Middle East-India (1 port E. Coast) 23.5kt ( FACTN00)

· Ammonia Freight Middle East-Far East Asia (Taiwan) 23.5kt ( FACTO00)

· Ammonia Freight Middle East-Far East Asia (South Korea) 23.5kt ( FACTP00)

· Ammonia Freight Indonesia-Far East Asia (2 ports) 23kt (FACTS00)

· Ammonia Freight Indonesia-India (2 ports E. Coast) 23kt (FACTU00)

The name of each of these assessments would also be changed under this proposal to reflect the adjusted quantity specification.

Platts is also proposing:

· to raise the quantity specification of the Ammonia Freight Caribbean-Tampa/US Gulf (2 ports) 23.5kt (FACTA00) assessment to 25,000 mt and reduce the number of discharge ports for the assessment to one -- specifically Tampa, Florida, reflecting a shift toward discharge at this port only

· to increase the number of discharge ports for the Ammonia Freight Indonesia-Far East Asia (2 ports) 40kt (FACTT00) assessment from two to three -- specifically Yosu and Ulsan in South Korea and Kaohsiung in Taiwan, reflecting a shift toward three port discharges

The names of each assessment would also be changed to reflect the proposed changes to quantity and discharge port specifications.

In addition, Platts proposes to add a specific fuel consumption rate for loading, discharging and bunkering to all ammonia freight assessment formulas.

Please send any feedback, questions and comments to fertilizer@spglobal.com and pricegroup@spglobal.com by May 1.

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.