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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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Saturday, 17 July 21
COAL PRICES TRADE AT DECADE HIGH OF $140 PER TONNE, HERE ARE SOME FACTORS AT PLAY: CNBC-TV18
Coal prices are trading at $140 per tonne. In the last one week, coal has seen more than 8 percent gains; the last one month has seen 24 percent ju ...
Thursday, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years
In 2020, total consumption of fossil fuels in t ...
Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal pro ...
Wednesday, 14 July 21
MARKET INSIGHT - INTERMODAL
In its latest Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years, but emerging and de ...
Tuesday, 13 July 21
JAPAN STILL SEEKING TO EXPLOIT COAL POWER LOOPHOLES - IEEFA
JBIC wants to continue burdening developing nations with its expensive coal-fired power technology
Japan is continuing to push its expensive c ...
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- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- The University of Queensland
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- GMR Energy Limited - India
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