S&P Global Platts proposes to lower the sulfur limit to 0.5% for certain delivered marine gasoil and marine diesel oil assessments in Asia and Africa that currently reflect higher sulfur standards, effective December 2, 2019.
The proposed change comes ahead of the planned introduction of a new 0.5% sulfur limit in marine fuels by the International Maritime Organization starting January 1, 2020.
The change would be applicable to the below-listed assessments in Asia and Africa that currently reflect 1.5% sulfur standards for MGO and 2% for MDO.
The assessments will continue to reflect specifications conforming to DMA ISO 8217:2010 for MGO and DMB ISO 8217:2010 for MDO but with a sulfur limit of maximum 0.5%.
Following the change, the names of these assessments would be changed to reflect 0.5% sulfur, from the existing 1.5% or 2%.
MGO 1.5% Singapore AALMZ00
MGO 1.5% Sydney AARKF00
MGO 1.5% Melbourne AARKG00
MGO 1.5% Mumbai AASSI00
MGO 1.5% Colombo AARKK00
MGO 1.5% Fujairah AARKH00
MGO 1.5% Khor Fakkan AARKI00
MGO 1.5% Kuwait AAXCV00
MGO 1.5% South Korea AAVBN00
MGO 1.5% Busan AARKJ00
MGO 1.5% Shanghai AARKE00
MDO 2.0% Japan POACI00
MDO 2.0% West Japan AARKA00
MGO 1.5% Lome AAYJJ00
MGO 1.5% Offshore Nigeria PUAGU00
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