Platts extends feedback period for proposed changes to several ammonia freight specifications to May 29

Platts, part of S&P Global Energy, has extended the feedback period for the proposal to adjust the specifications of several ammonia freight assessments to May 29, 2026.

The change was initially proposed here April 13 and included a feedback deadline of May 1.

The proposed launch date of June 1 has also been adjusted following the extension of the feedback period to July 1.

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 names 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 towards 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 discharge

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

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 29.

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.