Platts proposes including Rising Sun 1 FSU in Singapore fuel oil cargo, ex-wharf bunker MOC from June 17

Platts, part of S&P Global Energy, proposes to include the vessel Rising Sun 1 as an additional loading point in its Singapore Market on Close assessment process for cargo and ex-wharf bunkers for marine fuel 0.5% and 380 CST HSFO from June 17, 2026.

Rising Sun 1 (IMO 9295024) is operated by Southern Ace Marine Sdn. Bhd. as a floating storage unit at Johor Bahru port limits in southern Malaysia's Johor state.

There are currently 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 vessel used as a loading point at the time of submitting offers to Platts for publishing.

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

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

Please send all feedback and comments by May 29, 2026, to asia_products@spglobal.com and pricegroup@spglobal.com.

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 make comments not marked as confidential available upon request.