COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
BIMCOSingapore 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


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 01 February 20
THERMAL COAL MARKETS: 5 TRENDS TO WATCH OUT FOR IN 2020 - MINING REVIEW
The seaborne thermal coal market entered the year challenged by low priced LNG in the Atlantic and rapidly increasing supply in the Pacific. &n ...


Saturday, 01 February 20
COAL IS NOT GOING ANYWHERE - MINING REVIEW
The coal sector is living under the constant threat of being blamed by environmentalists as being responsible for a world disaster called global wa ...


Saturday, 01 February 20
CIL PRODUCTION TO NOT EXCEED 640 MILLION TON IN FY20: OFFICIAL - PTI
Hit by disruptions due to a prolonged monsoon, mining major Coal India Ltd’s production in the current fiscal will not exceed 640 million ton ...


Saturday, 01 February 20
WHO PAYS FOR IMO 2020? - FREIGHT WAVES
The United Nations’ International Maritime Organization (IMO) implemented its low-sulfur fuel mandate on January 1, 2020. Full enforcement be ...


Friday, 31 January 20
EIA EXPECTS U.S. ELECTRICITY GENERATION FROM RENEWABLES TO SOON SURPASS NUCLEAR AND COAL
In the latest long-term projections, the U.S Energy Information Administration (EIA) projects electricity generation from renewable sources such as ...


   231 232 233 234 235   
Showing 1161 to 1165 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Parliament of New Zealand
  • Uttam Galva Steels Limited - India
  • Simpson Spence & Young - Indonesia
  • BNP Paribas - Singapore
  • Barclays Capital - USA
  • Electricity Generating Authority of Thailand
  • Anglo American - United Kingdom
  • Intertek Mineral Services - Indonesia
  • MS Steel International - UAE
  • Economic Council, Georgia
  • Maybank - Singapore
  • Borneo Indobara - Indonesia
  • Kobe Steel Ltd - Japan
  • Freeport Indonesia
  • Singapore Mercantile Exchange
  • ACC Limited - India
  • JPMorgan - India
  • Price Waterhouse Coopers - Russia
  • Australian Coal Association
  • SASOL - South Africa
  • Miang Besar Coal Terminal - Indonesia
  • PTC India Limited - India
  • IEA Clean Coal Centre - UK
  • Bank of America
  • Bayan Resources Tbk. - Indonesia
  • globalCOAL - UK
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Global Green Power PLC Corporation, Philippines
  • Essar Steel Hazira Ltd - India
  • Kideco Jaya Agung - Indonesia
  • Savvy Resources Ltd - HongKong
  • Kalimantan Lumbung Energi - Indonesia
  • SMG Consultants - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • McConnell Dowell - Australia
  • Carbofer General Trading SA - India
  • Alfred C Toepfer International GmbH - Germany
  • BRS Brokers - Singapore
  • Japan Coal Energy Center
  • IBC Asia (S) Pte Ltd
  • Vizag Seaport Private Limited - India
  • Platts
  • Mjunction Services Limited - India
  • McKinsey & Co - India
  • Energy Development Corp, Philippines
  • CNBM International Corporation - China
  • Deloitte Consulting - India
  • GN Power Mariveles Coal Plant, Philippines
  • SUEK AG - Indonesia
  • Georgia Ports Authority, United States
  • Reliance Power - India
  • Standard Chartered Bank - UAE
  • The State Trading Corporation of India Ltd
  • WorleyParsons
  • Aboitiz Power Corporation - Philippines
  • Qatrana Cement - Jordan
  • San Jose City I Power Corp, Philippines
  • Karbindo Abesyapradhi - Indoneisa
  • Thiess Contractors Indonesia
  • KPMG - USA
  • Gujarat Mineral Development Corp Ltd - India
  • Cement Manufacturers Association - India
  • Idemitsu - Japan
  • Gujarat Sidhee Cement - India
  • Bukit Baiduri Energy - Indonesia
  • TeaM Sual Corporation - Philippines
  • Mercator Lines Limited - India
  • Commonwealth Bank - Australia
  • Trasteel International SA, Italy
  • Iligan Light & Power Inc, Philippines
  • Bhoruka Overseas - Indonesia
  • Humpuss - Indonesia
  • Mercuria Energy - Indonesia
  • Indogreen Group - Indonesia
  • Salva Resources Pvt Ltd - India
  • LBH Netherlands Bv - Netherlands
  • Permata Bank - Indonesia
  • Orica Australia Pty. Ltd.
  • Indian Energy Exchange, India
  • Eastern Coal Council - USA
  • Merrill Lynch Bank
  • Bahari Cakrawala Sebuku - Indonesia
  • TANGEDCO India
  • Coaltrans Conferences
  • Eastern Energy - Thailand
  • Attock Cement Pakistan Limited
  • Antam Resourcindo - Indonesia
  • Thomson Reuters GRC
  • Directorate General of MIneral and Coal - Indonesia
  • Cemex - Philippines
  • Britmindo - Indonesia
  • Bhatia International Limited - India
  • World Bank
  • TGV SRAAC LIMITED, India
  • GAC Shipping (India) Pvt Ltd
  • Shree Cement - India
  • Sical Logistics Limited - India
  • Samsung - South Korea
  • Formosa Plastics Group - Taiwan
  • Arutmin Indonesia
  • Xindia Steels Limited - India
  • J M Baxi & Co - India
  • Runge Indonesia
  • SRK Consulting
  • IHS Mccloskey Coal Group - USA
  • Agrawal Coal Company - India
  • VISA Power Limited - India
  • White Energy Company Limited
  • PetroVietnam
  • AsiaOL BioFuels Corp., Philippines
  • Core Mineral Indonesia
  • Mechel - Russia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • CESC Limited - India
  • Meenaskhi Energy Private Limited - India
  • South Luzon Thermal Energy Corporation
  • Deutsche Bank - India
  • Global Coal Blending Company Limited - Australia
  • Thailand Anthracite
  • Gresik Semen - Indonesia
  • Bhushan Steel Limited - India
  • Panama Canal Authority
  • Aditya Birla Group - India
  • Straits Asia Resources Limited - Singapore
  • GB Group - China
  • Pinang Coal Indonesia
  • Adaro Indonesia
  • ING Bank NV - Singapore
  • Directorate Of Revenue Intelligence - India
  • Globalindo Alam Lestari - Indonesia
  • HSBC - Hong Kong
  • EIA - United States
  • Asia Cement - Taiwan
  • Star Paper Mills Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Surastha Cement
  • Sinarmas Energy and Mining - Indonesia
  • Indika Energy - Indonesia
  • Port Waratah Coal Services - Australia
  • Pendopo Energi Batubara - Indonesia
  • Vitol - Bahrain
  • Indian Oil Corporation Limited
  • Power Finance Corporation Ltd., India
  • Kaltim Prima Coal - Indonesia
  • UOB Asia (HK) Ltd
  • Jaiprakash Power Ventures ltd
  • Rudhra Energy - India
  • Thriveni
  • KPCL - India
  • Petron Corporation, Philippines
  • Infraline Energy - India
  • Gupta Coal India Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • GHCL Limited - India
  • Planning Commission, India
  • IOL Indonesia
  • Videocon Industries ltd - India
  • Adani Power Ltd - India
  • Semirara Mining and Power Corporation, Philippines
  • Makarim & Taira - Indonesia
  • SMC Global Power, Philippines
  • Mitsubishi Corporation
  • Mitra SK Pvt Ltd - India
  • Timah Investasi Mineral - Indoneisa
  • Independent Power Producers Association of India
  • Sojitz Corporation - Japan
  • Jatenergy - Australia
  • Goldman Sachs - Singapore
  • Inspectorate - India
  • Billiton Holdings Pty Ltd - Australia
  • Marubeni Corporation - India
  • Siam City Cement PLC, Thailand
  • Total Coal South Africa
  • Bukit Asam (Persero) Tbk - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Cardiff University - UK
  • JPower - Japan
  • Barasentosa Lestari - Indonesia
  • Madhucon Powers Ltd - India
  • The Treasury - Australian Government
  • Coal India Limited
  • Edison Trading Spa - Italy
  • Petrosea - Indonesia
  • Chamber of Mines of South Africa
  • Mitsui
  • Bulk Trading Sa - Switzerland
  • Ambuja Cements Ltd - India
  • Merrill Lynch Commodities Europe
  • OPG Power Generation Pvt Ltd - India
  • OCBC - Singapore
  • Platou - Singapore
  • Noble Europe Ltd - UK
  • Maruti Cements - India
  • ASAPP Information Group - India
  • NALCO India
  • Clarksons - UK
  • CIMB Investment Bank - Malaysia
  • Bangladesh Power Developement Board
  • Argus Media - Singapore
  • Ince & co LLP
  • Fearnleys - India
  • GMR Energy Limited - India
  • TRAFIGURA, South Korea
  • Cosco
  • Cebu Energy, Philippines
  • Peabody Energy - USA
  • Bank of China, Malaysia
  • Coeclerici Indonesia
  • Romanian Commodities Exchange
  • PLN - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Arch Coal - USA
  • European Bulk Services B.V. - Netherlands
  • Moodys - Singapore
  • Parry Sugars Refinery, India
  • Semirara Mining Corp, Philippines
  • Posco Energy - South Korea
  • Central Java Power - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Sucofindo - Indonesia
  • PNOC Exploration Corporation - Philippines
  • GVK Power & Infra Limited - India
  • NTPC Limited - India
  • Enel Italy
  • Ministry of Mines - Canada
  • Meralco Power Generation, Philippines
  • Minerals Council of Australia
  • Renaissance Capital - South Africa
  • Energy Link Ltd, New Zealand
  • Inco-Indonesia
  • KOWEPO - South Korea
  • Africa Commodities Group - South Africa
  • Central Electricity Authority - India
  • Shenhua Group - China
  • Malabar Cements Ltd - India
  • Indian School of Mines
  • Maersk Broker
  • India Bulls Power Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Jindal Steel & Power Ltd - India
  • Indonesia Power. PT
  • Baramulti Group, Indonesia
  • Vedanta Resources Plc - India
  • Thermax Limited - India
  • Kobexindo Tractors - Indoneisa
  • Electricity Authority, New Zealand
  • Karaikal Port Pvt Ltd - India
  • EMO - The Netherlands
  • World Coal - UK
  • Tata Chemicals Ltd - India
  • Therma Luzon, Inc, Philippines
  • Krishnapatnam Port Company Ltd. - India
  • CoalTek, United States
  • Coalindo Energy - Indonesia
  • New Zealand Coal & Carbon
  • Bharathi Cement Corporation - India
  • UBS Singapore
  • bp singapore
  • Credit Suisse - India
  • Chettinad Cement Corporation Ltd - India
  • Coal Orbis AG
  • Global Business Power Corporation, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Xstrata Coal
  • The India Cements Ltd
  • Ministry of Transport, Egypt
  • Lanco Infratech Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • Kepco SPC Power Corporation, Philippines
  • Vale Mozambique
  • PowerSource Philippines DevCo
  • Riau Bara Harum - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Berau Coal - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Samtan Co., Ltd - South Korea
  • PLN Batubara - Indonesia
  • Indorama - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • DBS Bank - Singapore
  • Australian Commodity Traders Exchange
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Heidelberg Cement - Germany
  • TNPL - India
  • Latin American Coal - Colombia
  • CCIC - Indonesia
  • Sakthi Sugars Limited - India
  • APGENCO India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Asmin Koalindo Tuhup - Indonesia
  • Russian Coal LLC
  • Siam City Cement - Thailand
  • Oldendorff Carriers - Singapore
  • ANZ Bank - Australia
  • London Commodity Brokers - England
  • GNFC Limited - India
  • U S Energy Resources
  • Ministry of Finance - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Thai Mozambique Logistica
  • MEC Coal - Indonesia
  • Banpu Public Company Limited - Thailand
  • Holcim Trading Pte Ltd - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Maharashtra Electricity Regulatory Commission - India
  • Mintek Dendrill Indonesia
  • Glencore India Pvt. Ltd
  • Interocean Group of Companies - India
  • Asian Development Bank
  • International Coal Ventures Pvt Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • SGS (Thailand) Limited
  • Tanito Harum - Indonesia
  • Kumho Petrochemical, South Korea
  • Bukit Makmur.PT - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Sarangani Energy Corporation, Philippines
  • RBS Sempra - UK
  • Larsen & Toubro Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • ICICI Bank Limited - India
  • Geoservices-GeoAssay Lab
  • Wood Mackenzie - Singapore
  • Ind-Barath Power Infra Limited - India
  • Cargill India Pvt Ltd
  • Tamil Nadu electricity Board
  • Bangkok Bank PCL
  • Sree Jayajothi Cements Limited - India
  • Coastal Gujarat Power Limited - India
  • ETA - Dubai
  • Metalloyd Limited - United Kingdom
  • Grasim Industreis Ltd - India
  • Toyota Tsusho Corporation, Japan
  • Indonesian Coal Mining Association
  • Ernst & Young Pvt. Ltd.
  • Kohat Cement Company Ltd. - Pakistan
  • Dalmia Cement Bharat India
  • Rio Tinto Coal - Australia
  • Medco Energi Mining Internasional
  • Vijayanagar Sugar Pvt Ltd - India
  • Orica Mining Services - Indonesia
  • Altura Mining Limited, Indonesia
  • Wilmar Investment Holdings
  • Tata Power - India
  • Lafarge - France
  • Sindya Power Generating Company Private Ltd
  • Coal and Oil Company - UAE
  • KEPCO - South Korea
  • IMC Shipping - Singapore
  • The University of Queensland
  • Malco - India