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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, 19 August 20
COAL INDIA TRADE UNIONS DEFER DAY-LONG STRIKE: PTI
The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
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Wednesday, 19 August 20
MISC MARKS ITS MAIDEN FORAY INTO MAJOR DEEP-WATER PROJECT IN LATIN AMERICA WITH MERO 3 FPSO
MISC Berhad (MISC) is pleased to announce its acceptance of Letter of Intent (LOI) from Petróleo Brasileiro S.A. (Petrobras) for the provisi ...
Wednesday, 19 August 20
MARKET INSIGHT - GEORGE LAIOS | INTERMODAL
Since the Covid-19 outbreak, governments and central banks around the globe have been using their ammunition and stimulus packages to keep their ec ...
Wednesday, 19 August 20
INDIA SAW A SHARP DECLINE IN ENERGY COAL IMPORTS IN JANUARY - JUNE 2020; –27 PER CENT YOY - BHP
Energy coal prices were weak in the second half of financial year 2020, BHP says in its Economic and Commodity Outlook FY20.
Accordi ...
Wednesday, 19 August 20
COAL PRICES TO REMAIN SUBDUED THIS FISCAL AMID WEAK DEMAND, HIGH INVENTORY - THE HINDU BUSINESS LINE
Coal offtake is improving gradually as lockdown eases
Coal prices are expected to remain subdued to weak demand and high inventory l ...
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Showing 826 to 830 news of total 6871 |
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- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- The University of Queensland
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Economic Council, Georgia
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
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