S&P Global Platts has lowered the sulfur limit to 0.5% for certain delivered marine gasoil and marine diesel oil assessments in Asia and Africa that previously reflected higher sulfur standards, effective December 2, 2019.
The 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.
Platts first proposed the changes September 9, 2019: http://plts.co/1u3e30pY6hS The changes are applicable to the below-listed assessments in Asia and Africa that previously reflected 1.5% sulfur standards for MGO and 2% for MDO.
The assessments continue to reflect specifications conforming to DMA ISO 8217:2010 for MGO and DMB ISO 8217:2010 for MDO, but with sulfur limit of maximum 0.5%.
Following the amendments, the names of these assessments have changed to reflect 0.5% sulfur, from the previous 1.5% or 2%. New Name Symbol Previous Name MGO 0.5% Singapore AALMZ00 MGO 1.5% Singapore MGO 0.5% Sydney AARKF00 MGO 1.5% Sydney MGO 0.5% Melbourne AARKG00 MGO 1.5% Melbourne MGO 0.5% Mumbai AASSI00 MGO 1.5% Mumbai MGO 0.5% Colombo AARKK00 MGO 1.5% Colombo MGO 0.5% Fujairah AARKH00 MGO 1.5% Fujairah MGO 0.5% Khor Fakkan AARKI00 MGO 1.5% Khor Fakkan MGO 0.5% Kuwait AAXCV00 MGO 1.5% Kuwait MGO 0.5% South Korea AAVBN00 MGO 1.5% South Korea MGO 0.5% Busan AARKJ00 MGO 1.5% Busan MGO 0.5% Shanghai AARKE00 MGO 1.5% Shanghai MDO 0.5% Japan POACI00 MDO 2.0% Japan MDO 0.5% West Japan AARKA00 MDO 2.0% West Japan MGO 0.5% Lome AAYJL00 MGO 1.5% Lome MGO 0.5% Offshore Nigeria AARKL00 MGO 1.5% Offshore Nigeria
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