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

Platts, part of S&P Global Energy, will include the vessel Rising Sun 1 as an additional loading point in its Platts Singapore Market on Close assessment process for fuel oil 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.

Platts first proposed including the FSU as an additional loading point in a subscriber note published May 18.

From June 17, there will be 14 approved FSUs as additional loading points in the FOB Singapore fuel oil cargo and ex-wharf bunkers MOC process 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. The list of approved FSUs can be found here.

Any offer of oil from vessels accredited for the FOB Singapore fuel oil cargo and ex-wharf bunkers MOC process 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.

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