HSFO 380 CST FOB Barge ARA

This cash assessment reflects the value of a barge of fuel oil with a maximum sulfur content of 3.5% loading FOB ARA 3-to-15 days forward from the date of publication. This product is used as a bunker fuel in the shipping industry and can only be used in vessels that have technology that scrubs sulfur from the exhaust. It is a flat price assessment. The balmo and monthly assessments are Quantum's assessed value of swaps contracts that are financially settled against S&P Global Platts' average monthly assessment published on the calendar month in question. The swaps assessments roll monthly on the 1st of each month. So, on 31 May, M+2 represents July loading. On 1 June M+2 represents August loading.