S&P Global Platts is considering the inclusion of the Crystal Star as an additional delivery point in the FOB Singapore Marine Fuel 0.5% assessment process from June 1, 2020.
Crystal Star (IMO 9182318) is operated by Nathalin Shipping Pte Ltd as a floating storage unit at Tanjung Pelepas in Malaysia's southern Johor state.
There are currently eight FSUs approved as additional delivery points in the Platts FOB Singapore fuel oil and marine fuel assessment process. The standards applicable to approved FSUs require that sellers specifically name the vessel used as delivery point at the time of submitting offers to Platts for publishing.
Any offer of oil from vessels accredited for the FOB Singapore fuel oil and marine fuel assessment process would be on a FOB FSU basis. Sellers cannot unilaterally nominate an approved vessel as a delivery point in FOB Straits trades.
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.