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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, 04 September 20
IN A DEEPENING DEBT HOLE OF $34 BILLION, INDONESIA’S PLN MUST STOP DIGGING - IEEFA
The utility has added IDR100 trillion in debt annually for the last five years
Utilities globally started changing the way they do business ye ...
Friday, 04 September 20
KOMIPO INVITED BIDS FOR AUSTRALIAN MIN 5,700 NCV COAL FOR NOVEMBER
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 260,000 MT Min.5,700 kcal/kg NCV coal November, 2020 loading. Acc ...
Thursday, 03 September 20
BRINGING SERVICES OF FTCCI CLOSER TO THE EXPORTERS AT GMR AIR CARGO COMPLEX AT SHAMSHABAD
Press Release: “FTCCI Trade Facilitation Services at your doorstep now” says J.S. Chandrashekar, IRS., Principal Commissioner of Custom ...
Thursday, 03 September 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Wednesday, 02 September 20
COAL PRODUCTION FALLS 7% IN APR-AUG; OFF TAKE DIPS 13.4% - FINANCIAL EXPRESS
In the month of August coal off take also increased 9.3% y-o-y to 44.34 MT as compared with 40.57 MT in the same period last year.
C ...
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- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- PTC India Limited - India
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- The University of Queensland
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
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