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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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Tuesday, 08 December 20
MARKET ANALYSIS - ALLIED SHIPPING
It is now undisputed that oil consumption for 2020 will post a considerable drop, as demand for several petroleum products has plummeted since the ...
Tuesday, 08 December 20
PANAMAX: THE OVERALL MARKET SEEMS TO BE UNDER NEGATIVE PRESSURE - ALLIED
Capesize
A rather indifferent week for the Capesize market, with BCI 5TC figure finishing the week with slight losses of 0.8%. The Atlantic enj ...
Friday, 04 December 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 04 December 20
THE INDONESIA COAL PRICE REFERENCE REACHES THREE MONTH HIGH ON IMPROVING DEMAND OUTLOOK
COALspot.com: The Indonesia Coal Price Reference reaches three month high on improving demand outlook . The Indonesia Coal Price Reference rose by& ...
Wednesday, 02 December 20
GLOBAL MINING SECTOR OUTLOOK STABLE DUE TO CHINA'S RECOVERY - FITCH RATINGS
China’s post-pandemic economic recovery and sizeable infrastructure-focused government stimulus boosted global metals and mining prices, help ...
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Showing 716 to 720 news of total 6871 |
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- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Economic Council, Georgia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Mercator Lines Limited - India
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
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