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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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Monday, 30 December 19
AUSTRALIAN MINERS HIT BY LOWEST THERMAL COAL PRICE IN MORE THAN A DECADE - THE GUARDIAN
Australian coal exporters have experienced the biggest annual drop in thermal coal prices in more than a decade during 2019, raising doubts about i ...
Monday, 30 December 19
INDIA'S COAL IMPORTS RISE 4% TO 161.43 MT IN APRIL-NOVEMBER 2019 - PTI
The country’s coal imports registered an increase of 4.4 per cent to 161.43 million tonnes (MT) in the April-November period of the ongoing f ...
Sunday, 29 December 19
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Sunday, 29 December 19
IMO 2020 COMPLIANCE: IT'S UP TO US TO BE GOOD CITIZENS - IBIA
One of the concerns around implementation of the 0.50% sulphur limit has been, and continues to be, the need for effective enforcement to ensure a ...
Sunday, 29 December 19
AUSTRALIA SUFFERS WORST OF CHINA'S COAL CURBS AFTER EARLIER BOOM - BLOOMBERG
Australia is bearing the brunt of China’s year-end coal import restrictions, ceding market share to other exporters including Russia and Mong ...
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Showing 1216 to 1220 news of total 6871 |
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- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Australian Coal Association
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Parliament of New Zealand
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
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