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Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
 Singapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric tonne (MT) and dropped USD 99 to USD 641 per MT on 22 January. The price has also fallen in other ports around the world.
Prices rose in December as shipowners transitioned to the IMO2020 compliant low-sulphur fuel oil causing the VLSFO and High-sulphur fuel oil (HSFO) spread to reach record breaking levels. This trend has started to reserve, with the VLSFO-HSFO spread narrowing in Singapore by USD 55 per MT to 284 per MT on 22 January from USD 339 on 7 January, a 19% decline.
Transitioning past the first wave of IMO2020
The initial uptick in low-sulphur fuel oil prices marked the first wave of IMO2020, whereas the price levels are now declining towards a point of stabilization.
Even given the recent narrowing of the spread, shipping companies are still faced with a massive uptick in fuel oil costs, which is set to affect operating margins in the upcoming quarters, as many companies have little leeway to pass on the additional costs to their customers.
Despite the lower spread, the investment payback period for a scrubber is between half a year to one and a half years, depending on the cost of the scrubber and daily consumption, which allows for substantial fuel oil cost savings for scrubber-fitted ships.
Source: BIMCO
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Friday, 24 April 20
COAL INDIA TO PRODUCE 710 MT COAL - MINISTER OF COAL AND MINES
Coal India Limited (CIL) will produce 710 million tonnes (MT) of coal and company’s coal off take target will also remain at710 MT for this f ...
Friday, 24 April 20
CHINA COAL PRODUCER YANZHOU COAL POSTS 9.6 PCT RISE IN 2019 NET PROFIT - XINHUA
China’s major coal producer Yanzhou Coal Mining Co., Ltd. said Thursday that its net profit saw a 9.6 percent rise in 2019.
Th ...
Tuesday, 21 April 20
INDONESIA ACCOUNTS FOR 19% OF JAPAN'S TOTAL COAL IMPORTS - BANCHERO COSTA
Coal trade in Asia is proving remarkably resilient this year, despite the global economic impact from COVID-19.
We have seen China&r ...
Tuesday, 21 April 20
COVID-19: CHARTERPARTY MATTERS FOR SHIPOWNERS - SKULD
KNOWLEDGE TO ELEVATE
Whilst the plight of cruise ships, stranded off shore with sick passengers and crew, may be dominating media headlines, t ...
Monday, 20 April 20
SUPRAMAX: A 52,000DWT SHIP FIXING AN INDONESIA COAL RUN TO CHINA AT $4400 - BALTIC BRIEFING
Capesize
This week was the strongest period seen for the Capesize market in several months. All routes globally succumbed to improved sentiment ...
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Showing 1006 to 1010 news of total 6871 |
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- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Planning Commission, India
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
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