Capesize

13750

May-17
450.00 3.38%

Panamax

8300

May-17
-200.00 -2.35%

Iron Ore

61.5

May-17
-0.50 -0.81%

Sing 380

292.65

Jun-17

Coking Coal

177

May-17
1.00 0.57%

Nola Urea

172

May-17
3.00 1.78%

FIS Bunkers FOSS Contracts


FOSS S380 - Singapore 380cst Fuel Oil Single Swap

Description: A monthly cash settled swap based on the Platts daily assessment price for 380cst Singapore Fuel Oil
Contract Size: 1 metric tonne
Minimum Price Fluctuation: $0.01 per metric tonne.
Currency: USD
Contract Period: Months – 4/5 consecutive months starting with the current month, new contract month to be listed mid-month. Quarters – 5 consecutive quarters starting with current quarter. Years – 4 consecutive years starting with the current year.
Delivery Period: Month – First Index Day of the month to last Index Day of the month.
Quarter – First Index Day of the Quarter to last Index Day of the Quarter. A Quarter Contract will be split equally into 3 Month Contracts on the Trading Day and settled as Month Contracts.
Year – First Index Day of the Year to last Index Day of the Year. A Year Contract is split equally into 12 Month Contracts on the Trading day and settled as Month Contracts.
Final Settlement Day: Last business day of contract month.
Final Settlement Price: Cash settlement using the arithmetic average of Platts daily spot assessments in the contract month, rounded to three decimal places.

FOSS S180 - Singapore 180cst Fuel Oil Single Swap

Description: A monthly cash settled swap based on the Platts daily assessment price for 180cst Singapore Fuel Oil
Contract Size: 1 metric tonne
Currency: USD
Contract Period: Months – 4/5 consecutive months starting with the current month, new contract month to be listed mid-month. Quarters – 5 consecutive quarters starting with current quarter. Years – 4 consecutive years starting with the current year.
Minimum Price Fluctuation: $0.01 per metric tonne.
Delivery Period: Month – First Index Day of the month to last Index Day of the month.
Quarter – First Index Day of the Quarter to last Index Day of the Quarter. A Quarter Contract will be split equally into 3 Month Contracts on the Trading Day and settled as Month Contracts.
Year – First Index Day of the Year to last Index Day of the Year. A Year Contract is split equally into 12 Month Contracts on the Trading day and settled as Month Contracts.
Final Settlement Day: Last business day of contract month.
Final Settlement Price: Cash settlement using the arithmetic average of Platts daily spot assessments in the contract month, rounded to three decimal places.

FOSS R35 – Rotterdam 3.5% Barges Fuel Oil Single Swap

Description: A monthly cash settled swap based on the Platts daily assessment price for Fuel Oil 3.5% FOB Rotterdam Barges.
Contract Size: 1 metric tonne.
Currency: USD
Contract Period: Months – 4/5 consecutive months starting with the current month, new contract month to be listed mid-month. Quarters – 5 consecutive quarters starting with current quarter. Years – 4 consecutive years starting with the current year.
Minimum Price Fluctuation: $0.01 per metric tonne.
Delivery Period: Month – First Index Day of the month to last Index Day of the month.
Quarter – First Index Day of the Quarter to last Index Day of the Quarter. A Quarter Contract will be split equally into 3 Month Contracts on the Trading Day and settled as Month Contracts.
Year – First Index Day of the Year to last Index Day of the Year. A Year Contract is split equally into 12 Month Contracts on the Trading day and settled as Month Contracts.
Delivery Period: First Settlement Day following the Delivery Period.
Final Settlement Day: First Settlement Day following the Delivery Period Final Settlement
Price: Cash settlement using the arithmetic average of Platts daily spot assessments in the contract month, rounded to three decimal places.

FOSS NW10 – North West Europe 1% Cargoes Fuel Oil Single Swap

Description: A monthly cash settled swap based on the Platts daily assessment price for FOB NWE Fuel Oil 1.0%
Contract Size: 1 metric tonne.
Currency: USD
Contract Period: Months – 4/5 consecutive months starting with the current month, new contract month to be listed mid-month. Quarters – 5 consecutive quarters starting with current quarter. Years – 4 consecutive years starting with the current year.
Minimum Price Fluctuation: $0.01 per metric tonne.
Delivery Period: Month – First Index Day of the month to last Index Day of the month.
Quarter – First Index Day of the Quarter to last Index Day of the Quarter. A Quarter Contract will be split equally into 3 Month Contracts on the Trading Day and settled as Month Contracts.
Year – First Index Day of the Year to last Index Day of the Year. A Year Contract is split equally into 12 Month Contracts on the Trading day and settled as Month Contracts.
Delivery Period: First Settlement Day following the Delivery Period.
Final Settlement Day: First Settlement Day following the Delivery Period.
Final Settlement Price: Cash settlement using the arithmetic average of Platts daily spot assessments in the contract month, rounded to three decimal places.

FOSS M35 – Mediterranean 3.5% Fuel Oil Single Swap

Description: A monthly cash settled swap based on the Platts daily assessment price for FOB Med Fuel Oil 3.5%.
Contract Size: 1 metric tonne.
Currency: USD
Contract Period: Months – 4/5 consecutive months starting with the current month, new contract month to be listed mid-month. Quarters – 5 consecutive quarters starting with current quarter. Years – 4 consecutive years starting with the current year.
Minimum Price Fluctuation: $0.01 per metric tonne.
Delivery Period: Month – First Index Day of the month to last Index Day of the month. Quarter – First Index Day of the Quarter to last Index Day of the Quarter. A Quarter Contract will be split equally into 3 Month Contracts on the Trading Day and settled as Month Contracts.
Year – First Index Day of the Year to last Index Day of the Year. A Year Contract is split equally into 12 Month Contracts on the Trading day and settled as Month Contracts.
Delivery Period: First Settlement Day following the Delivery Period.
Final Settlement Day: First Settlement Day following the Delivery Period.
Final Settlement Price: Cash settlement using the arithmetic average of Platts daily spot assessments in the contract month, rounded to three decimal places.