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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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Friday, 27 August 21
THE ECONOMICS OF INDONESIA’S DIESEL POWER PLANT TO GAS CONVERSION PLAN ARE PROBLEMATIC - IEEFA
Deploying new small-scale LNG is an uphill battle for PGN
Indonesian gas is currently in a precarious position, where the government needs to ...
Thursday, 26 August 21
INDIA IMPORTED 17.06 MLN TONNES OF LPG IN 2020; UP 11.5% Y-O-Y
Global LPG trade remained fairly positive in 2020, despite the global economic impact from COVID-19, and surged strongly in the first half of 2021. ...
Thursday, 26 August 21
MARKET INSIGHT - INTERMODAL
24th of August 2021, the Baltic Dry Index reached 4,201, a YTD high and the highest since May 2010.
Cape 5TC daily average @ 51,472
...
Tuesday, 24 August 21
COAL PRICE RALLY TO PRESSURE CHINESE POWER GENCOS’ MARGINS FITCH RATINGS
Fitch Ratings expects the pressure on Chinese power generation companies’ (gencos) profit from the recent coal price surge to weaken their cr ...
Tuesday, 24 August 21
TIGHT POWER SUPPLY IN CHINA AMID STRONG DEMAND, HIGH COAL PRICES - FITCH RATINGS
China experienced tight power supply in 1H21 on stronger than expected power demand as economic activity continued to recover, Fitch Ratings says i ...
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- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Planning Commission, India
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Economic Council, Georgia
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