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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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Wednesday, 07 April 21
KOMIPO ISSUED A TENDER FOR TOTAL 1,560,000 METRIC TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for total 1,560,000 Metric Tons of Bituminous coal for i ...
Wednesday, 07 April 21
MARKET INSIGHT - INTERMODAL
Following the end of the catholic easter, during which the majority of shipping market participants were on holidays, it is interesting to note a f ...
Wednesday, 07 April 21
COAL USED TO GENERATE ELECTRIC POWER IN U.S. WILL INCREASE BY 13 PERCENT TO 495 MMST IN 2021 - EIA
EIA expects U.S. coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. In 2022, EIA expects coal production to grow by an addi ...
Wednesday, 31 March 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.12 PCT - XINHUA
China Taiyuan coal transaction price index stood at 139.03 points Monday, up 0.12 percent week on week.
The index, released by China ...
Wednesday, 31 March 21
MARKET INSIGHT - INTERMODAL
Over the past week, the biggest story has been the blockage of the Suez Canal, as a result of the grounding of the container ship Ever Given. At th ...
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- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- CNBM International Corporation - China
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
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