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SUBSCRIBER NOTE: Platts proposes additional Americas Marine Fuel 0.5% bunker assessments

S&P Global Platts proposes launching new daily price assessments for IMO-compliant Marine Fuel 0.5% bunkers on delivered and ex-wharf basis at an expanded list of ports in the Americas from December 2, 2019.

Platts proposes to publish Marine Fuel 0.5% bunker fuel price assessments on both an ex-wharf and delivered basis in New Orleans, Philadelphia, Seattle and Vancouver, and on a delivered basis in Buenos Aires, Cartagena and Santos.

The proposed assessments would reflect the following timing and deliveries:

PORT BASIS VOLUME DELIVERY New Orleans ex-wharf 250-1,000 mt 3-7 days forward New Orleans delivered 250-500 mt 3-7 days forward Philadelphia ex-wharf 250-1,000 mt 3-7 days forward Philadelphia delivered 250-500 mt 3-7 days forward Seattle ex-wharf 500-1,500 mt 3-10 days forward Seattle delivered 250-750 mt 3-10 days forward Vancouver ex-wharf 500-1,500 mt 3-10 days forward Vancouver delivered 250-750 mt 3-10 days forward Buenos Aires delivered 250-1,500 mt 3-7 days forward Cartagena delivered 250-1,500 mt 3-7 days forward Santos delivered 250-1,500 mt 3-7 days forward

The new assessments would be added to the existing suite of Marine Fuel 0.5% bunkers assessments. In the Americas Platts launched Marine Fuel 0.5% bunkers assessments in Houston, New York, Los Angeles and Panama on July 1, 2019: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/070119-pl atts-launches-marine-fuel-05-bunker-assessments-globally-on-july-1

Platts will continue to review the publication of high sulfur bunker fuel assessments at locations where they currently exist.

Platts is proposing to discontinue the 3.5% bunkers assessments in Santos.

In line with Platts' existing Marine Fuel 0.5% bunker and cargo assessments, the new IMO-compliant bunker fuel assessments will reflect specifications for RMG fuels as defined by the International Organization for Standardization in document ISO 8217:2010 Petroleum products -- Fuels (class F) -- Specifications of marine fuels, but with a maximum sulfur limit of 0.5%.

Please send all questions and comments to oilgroup@spglobal.com and pricegroup@spglobal.com by October 31, 2019.

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.