Platts, part of S&P Global Commodity Insights, has included the vessel SA Jewel as an additional loading point in its Platts Singapore Market on Close assessment process for cargo and ex-wharf bunkers for marine fuel 0.5% and 380 CST HSFO from Oct. 22, 2025.

SA Jewel (IMO 9244867) is operated by Southern Ace Marine Sdn. Bhd. as a floating storage unit at Kukup, Malaysia.

Platts first proposed including the FSU as an additional loading point in a subscriber note published Sept. 10(opens in a new tab), with a further subscriber note confirming the inclusion of the FSU following a change in name, flag and ownership published Oct. 8(opens in a new tab).

There are now 12 FSUs approved as additional loading points in the FOB Singapore cargo and ex-wharf bunkers MOC process for Marine Fuel 0.5% and 380 CST HSFO. The standards applicable to approved FSUs require that sellers specifically name the vessel used as a loading point at the time of submitting offers to Platts for publishing.

Any offer of oil from vessels accredited for the FOB Singapore cargo and ex-wharf bunkers MOC process for marine fuel 0.5% and 380 CST HSFO would be on FOB FSU basis.

Sellers cannot unilaterally nominate an approved vessel as a loading point in FOB Straits trades.
Source: Platts