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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, 22 July 19
SUPRAMAX: THE ASIAN ARENA SAW INCREASED ACTIVITY AND STRONGER NUMBERS BEING CONCLUDED; INDONESIAN ROUNDS REMAINED FIRM - BALTIC BRIEFING
Capesize
Another week of gains as the Atlantic basin continues to be pressurised on tonnage and Brazilian cargoes keep up a steady flow. The Ca ...
Thursday, 18 July 19
WORLD TRADE IN HARD COAL ROSE BY 4.7% IN 2018 - GERMANY COAL IMPORTERS ASSOCIATION
World Trade in Hard Coal Rose by 4.7% in 2018
Hard Coal Can Prevent Stress in the Electric Power System in Germany
• Sharp decl ...
Wednesday, 17 July 19
MARKET INSIGHT - INTERMODAL
The Strait of Hormuz is one of the most important waterways in the world, connecting crude producers in the Middle East with key markets in the res ...
Tuesday, 16 July 19
KING COAL RULES IN JAPAN AS POWER UTILITIES IN THRALL TO LOW-COST FUEL - REUTERS
Japanese utilities will rely on the return of coal-fired power plants from maintenance to meet peak electricity demand this summer, highlighting th ...
Tuesday, 16 July 19
SUPRAMAX: THE ASIAN ARENA WAS SPLIT, WITH A BUILD-UP OF TONNAGE AND LACK OF ENQUIRY IN THE NORTH - BALTIC BRIEFING
Capesize
It was a Brazilian affair with a strong splash of bunkers characterising the Capesize market over the past week. Largely traded in Eur ...
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- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
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