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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, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Monday, 01 June 20
SUPRAMAX: IN SOUTH EAST ASIA RATES TRADED SIDEWAYS - BALTIC BRIEFING
Capesize
A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlan ...
Friday, 29 May 20
COVID-19: COAL SUPPLY BY CIL TO POWER SECTOR DIPS 22% TO 32 MT IN APRIL DUE TO DEMAND SLUMP - PTI
Over 95% of CIL’s production comes from its 171 open cast mines.
The supply of coal to the power sector by state-owned Coal In ...
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
Australia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations woul ...
Friday, 29 May 20
GOVT MAY LAUNCH COAL BLOCKS AUCTION PROCESS UNDER COMMERCIAL MINING ON JUN 11 - PTI
The Centre is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mines are expected to go under t ...
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- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
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