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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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Wednesday, 08 January 20
WHAT IS BIMCO THINKING ABOUT 2020? - BIMCO
Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by ...
Wednesday, 08 January 20
VINACOMIN SETS TO SELL 49 MILLION TONNES OF COAL IN 2020 - VIETNAM NET
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-y ...
Wednesday, 08 January 20
CHINA'S COAL-RICH PROVINCE CUTS 18.95 MLN TONNES OF CAPACITY IN 2019 - XINHUA
North China’s Shanxi Province reduced its coal production capacity by 18.95 million tonnes by closing 18 coal mines in 2019.
A ...
Wednesday, 08 January 20
JANUARY INDONESIAN COAL PRICE REFERENCE SLIPS US$ 0.37 MOM
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Tuesday, 07 January 20
CLEANER AIR IN 2020: 0.5% SULPHUR CAP FOR SHIPS ENTERS INTO FORCE WORLDWIDE - EUROPEAN COMMISSION
From 1 January 2020, the maximum sulphur content of marine fuels is reduced to 0.5% (down from 3.5%) globally – reducing air pollution and pr ...
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Showing 1206 to 1210 news of total 6871 |
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- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Minerals Council of Australia
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- White Energy Company Limited
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
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