Marine Fuel (0.5% sulfur) CIF Med
This cash assessment reflects the value of a cargo of 0.5% sulfur fuel delivered CIF Mediterranean basis Genoa, Lavera 10-to-25 days forward from the date of publication. Other ports will also be taken into account for the assessment. In the absence of physical data, the assessment will be set at a differential of $5/mt to the FOB barge assessment. This product is primarily used as a low-sulfur bunker fuel but is also often used in power generation. It can be burned in ships without scrubbers to meet IMO sulfur regulations. It is a flat price assessment.
Currency and unit of measure: $/mt
Time of assessment: 16:30:00 Europe/London
Publishing frequency: Daily
Spec: Marine Fuel oil meeting max 5,000 ppm sulfur content
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