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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, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...
Wednesday, 04 March 20
CORONAVIRUS: A WILDCARD FOR BULKS DEMAND - WOOD MACKENZIE
The coronavirus is casting a shadow across commodity markets. It has undermined China’s economic sentiment, putting the country’s growt ...
Wednesday, 04 March 20
THERMAL COAL TO 'PHASE OUT', STRONG DEMAND FOR COKING COAL: PLATO - SYDNEY MORNING HERALD
Plato Investments managing director Don Hamson says Australian iron ore producers are set to benefit in the fallout from coronavirus as China will ...
Wednesday, 04 March 20
CHINA PROVINCE TO CLOSE 10 MLN TONNES OF COAL CAPACITY IN 2020 - XINHUA
Southwest China’s Guizhou Province plans to phase out 10 million tonnes of outdated coal production capacity by closing 80 coal mines in 2020 ...
Wednesday, 04 March 20
UKRAINE PRODUCED OVER 2.55 MLN TONNES OF COAL IN FEBRUARY - UKRINFORM
In February 2020, Ukraine produced over 2.55 million tonnes of coal, which is 0.2% less than planned.
The Coal Miners Union of Ukrai ...
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- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Minerals Council of Australia
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Parliament of New Zealand
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Planning Commission, India
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Bhushan Steel Limited - India
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