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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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Tuesday, 10 March 20
CHINA'S COAL-RICH PROVINCE ENSURES ENERGY SUPPLY AMID EPIDEMIC - XINHUA
China’s coal-rich province of Shanxi has seen more than 500 coal mines resume production in February, which ensured energy supply amid the ou ...
Monday, 09 March 20
OPEC+ 'NO DEAL' A BLOW TO THE MARKET - WOOD MACKENZIE
Speaking after today’s OPEC+ meeting broke up, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “Today’s o ...
Monday, 09 March 20
KOREA EAST-WEST POWER INVITED BIDS FOR 150,000 MT OF MIN 4,400 - MAX 5,499 NAR COAL
COALspot.com: KOREA EAST-WEST POWER CO. LTD. of South Korea has issued an international tender for total 150,000 MT of LCV coal for May – Jun ...
Sunday, 08 March 20
SUPRAMAX: A 55,000DWT VESSEL FIXING DELIVERY FROM EAST KALIMANTAN FOR A TRIP TO VIETNAM AT $9,100 - BALTIC BRIEFING
SUPRAMAX/ULTRAMAX - A 56,000DWT VESSEL FIXED DELIVERY SOUTH CHINA TRIP VIA INDONESIA, REDELIVERY EAST COAST INDIA, IN THE $6,000S
SUPRAMAX/U ...
Friday, 06 March 20
CHINA RESUMES 83.4 PCT COAL PRODUCTION CAPACITY AMID EPIDEMIC - XINHUA
China has resumed 83.4 percent of its coal production capacity amid the fight against the novel coronavirus outbreak, the National Energy Administr ...
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- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- The University of Queensland
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- VISA Power Limited - India
- Planning Commission, India
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
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