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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, 17 April 20
PANDEMIC TO BRING ASIA'S 2020 GROWTH TO HALT FOR 1ST TIME IN 60 YEARS - IMF: REUTERS
Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented ...
Friday, 17 April 20
OPEC BRACES FOR OIL MARKET'S "HISTORIC SHOCK"
OPEC released its much anticipated April monthly report.
Crude Oil Price Movements
Crude oil prices collapsed in March 2020, rec ...
Friday, 17 April 20
SAUDI ARABIA'S MAY 2020 OSPS FOR CRUDE EXPORTS BODE WELL FOR ASIAN REFINERS - WOOD MACKENZIE
On 13 April, Saudi Arabia announced the Official Selling Prices (OSPs) for its May crude oil exports. The new OSPs speak volumes about Saudi Arabia ...
Friday, 17 April 20
SEABORNE COAL PRICES UNDER PRESSURE AS DEMAND SOFTENS IN CHINA, INDIA - CLYDE RUSSELL
Worrying signs are emerging for coal exporters to the world’s biggest markets in Asia, as top buyers China and India move to favour domestic ...
Thursday, 16 April 20
THERMAL POWER SECTOR FACES BLEAK SCENARIO POST-COVID SITUATION - THE HINDU BUSINESS LINE
The centre should take a fresh look at coal-energy value chain as the sector tops the chart on loan defaults.
Covid-19 may have serv ...
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Showing 1011 to 1015 news of total 6871 |
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- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Chamber of Mines of South Africa
- White Energy Company Limited
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- The University of Queensland
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Planning Commission, India
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
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