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

Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand  Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...


Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...


Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...


Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...


Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...


   1 2 3 4 5   
Showing 1 to 5 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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