Platts to launch price assessments for low-sulphur fuel oil in 2019
These will be done in Singapore, Fujairah, Rotterdam and Houston, ahead of new IMO regulations on sulphur limits
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Singapore
OIL pricing agency S&P Global Platts plans to launch new pricing assessments for low-sulphur fuel oil in January 2019.
The assessments, to be done in Singapore, Fujairah, Rotterdam and Houston, will come ahead of regulations by the International Maritime Organisation (IMO) that cap sulphur limits in marine fuels at 0.5 per cent, from the current 3.5 per cent level.
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