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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, 31 March 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.43 PCT - XINHUA
China Taiyuan coal transaction price index stood at 132.17 points Monday, down 0.43 percent week on week.
The index, released by Chi ...
Tuesday, 31 March 20
COAL POWER REMAINS IN GLOBAL DECLINE, DESPITE CHINESE SURGE - SYDNEY MORNING HERALD
The impact of coronavirus has prompted a surge in coal-fired power plant construction permits in China, with the Chinese government issuing more pe ...
Monday, 30 March 20
CORONAVIRUS - IMPLICATIONS FOR SHIPS AND CREW - GARD
KNOWLEDGE TO ELEVATE
Countries around the world are strengthening their border control measures in order to prevent the further spread of COVI ...
Monday, 30 March 20
LAY-UP AND RE-ACTIVATION REVISITED - GARD
KNOWLEDGE TO ELEVATE
The COVID-19 pandemic has affected the maritime industry in previously unthinkable ways. Ports around the world are denyi ...
Monday, 30 March 20
PANAMAX: INDONESIA LACKED VOLUME, PARTLY DUE TO FORCE MAJEURE IN INDIAN PORTS - BALTIC BRIEFING
Capesize
As Covid-19 continued to ratchet up tensions across the globe, the Cape market dealt with the change to remote working. Most regions o ...
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Showing 1036 to 1040 news of total 6871 |
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- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
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