S&P Global Platts will start publishing daily delivered bunker fuel prices at their LNG equivalent units of $/MMBtu in Singapore and in Eur/MWh in Rotterdam from December 2, 2019.
These prices, which will be converted from Platts' existing price assessments of Marine Fuel 0.5% and 380 CST bunker at Singapore and Rotterdam, and low sulfur 0.1% delivered bunker prices at Rotterdam, are to provide a comparison for LNG used as a marine fuel at these two major bunkering hubs.
In Singapore, Marine Fuel 0.5% delivered bunker fuel assessments (price database code MFSPD00) will be converted to $/MMBtu using a conversion factor of 38.643. The daily 3.5% sulfur 380 CST delivered bunker fuel assessments (PUAFT00) will be converted to $/MMBtu using a conversion factor of 37.742. These bunker fuel assessments are published at the 5:30 pm Singapore close.
In Rotterdam, both Marine Fuel 0.5% (MFRDD00) and low sulfur 0.1% (AARBF00) delivered bunker fuel assessments will be converted to Eur/MWh using a conversion factor of 11.322 and daily Euro to US dollar exchange rate (AACOP00) published by Platts. The 3.5% sulfur 380 CST delivered bunker fuel assessments (PUAFN00) will be converted to Eur/MWh using a conversion factor of 11.058 and the same currency exchange rate. These bunker fuel assessments are published at the 4:30 pm London close.
Please send all questions and comments to email@example.com and firstname.lastname@example.org.
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.