S&P Global Platts will expand the list of ports reflected in its Market on Close assessment process for CIF Northwest European ULSD cargoes, effective February 3, 2020, to include Milford Haven in the UK.
This follows a proposal note published December 18, 2019, which can be found here: www.spglobal.com
Following market feedback, Platts understands that Milford Haven port is an active and regular location for the importation of diesel. Platts understands the depth of water available at all states of tide to be over 17 m and the port to accommodate vessels with drafts up to 22 m.
Following the decision and effective February 3, 2020, Platts will start publishing bids and offers for "Milford Haven" in the MOC assessment process for CIF NWE ULSD Cargoes, in addition to the ports currently reflected. Platts currently publishes bids and offers into the following locations: Belgium: Antwerp, Ghent; France: Bordeaux, Brest, Donges, Dunkirk, La Pallice, Le Havre, Lorient, Pauillac, Rouen; Germany: Bremen, Hamburg Kiel, Rostock, Wilhelmshaven; Ireland: Dublin; Netherlands: Amsterdam, Rotterdam; Spain: Bilbao, Gijon; UK: Belfast, Cardiff, Clydebank, Eastham, Grangemouth, Immingham, Londonderry, Plymouth, Teesside, Thames, Tranmere.
The CIF NWE ULSD cargo assessment is published in the Platts European Marketscan and PGA page 1472 and is identified in the Platts price database under the code: AAVBG00.
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