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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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Thursday, 11 June 20
JAN-MAY, INDONESIA SHIPPED 175.15 MILLION TONS OF COAL TO ITS OVERSEAS BUYERS
Indonesia's coal production for the first 5 months of this year have reached 228 million tons. January – May 2020, Indonesia shipped US$ ...
Thursday, 11 June 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 ...
Wednesday, 10 June 20
OPEC+ CUTS EXTENSION TO ACCELERATE MARKET REBALANCING - FITCH RATINGS
Fitch Ratings-London-08 June 2020: The OPEC+ agreement to extend by one month record oil production cuts should accelerate market rebalancing, Fitc ...
Wednesday, 10 June 20
MARKET INSIGHT - INTERMODAL
In contrast to the economic projections of the past two years for the first half of 2020, the oil & gas industry and those involved in it faced ...
Wednesday, 10 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.19 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.71 points Monday, down 0.19 percent week on week.
The index, released by Chi ...
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- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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