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Refined Products, Maritime & Shipping, Fuel Oil, Bunker Fuel
May 28, 2026
Platts, part of S&P Global Energy, proposes to launch daily 0.1%S -- Ultra Low Sulfur Fuel Oil (ULSFO) -- bunker assessments for the ports of Algeciras, Malta and Istanbul, effective Sept. 1, 2026.
This follows an increase in demand for Emissions Control Area (ECA) compliant bunker fuel in the region, following the implementation of the Mediterranean ECA on May 1, 2025.
The proposed parameters for the assessments would be as follows:
| Specification | RMD 80 as per ISO 8217:2010, with a maximum sulfur content of 0.1% |
| Size | 300 metric tons to 1,000 metric tons |
| Contract Basis | Delivered |
| Assessment Period | 1-8 days forward |
| Currency and Unit of Measure | USD/metric ton (mt) |
In addition to the daily assessments, Platts also proposes to launch monthly averages for these assessments.
The new assessments would be published on Bunkerwire and PGB1860.
Please send all comments, feedback and questions to Europe_products@spglobal.com and pricegroup@spglobal.com by July 17.
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.