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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, 06 February 20
CHINESE DEMAND KEY UNCERTAINTY FOR SEABORNE COAL MARKET IN 2020 - THE BRICS POST
Coal trader Noble Resources head of research Rodrigo Echeverri Cardozo had penciled in a 3 Mt drop in Chinese import demand for 2020, but it could ...
Wednesday, 05 February 20
CORONAVIRUS AND THE SHIPPING INDUSTRY - WATSON, FARLEY & WILLIAMS
The continued spread of Coronavirus and governmental measures to minimise the impact is likely to affect the shipping industry and supply chain.
...
Wednesday, 05 February 20
INDONESIA'S COAL PRICE REFERENCE UP 1.46% IN FEBRUARY
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Wednesday, 05 February 20
MARKET INSIGHT - INTERMODAL
The oil and gas industry benefitted from a strong and solid ground in the previous year. We witnessed a slow but steady increase in bunker’s ...
Wednesday, 05 February 20
RUSSIA EXPORTED 28.6 MLN TONNES OF LNG IN 2019 - REFINITIV
A lot of attention has been paid recently on the surge in LNG exports from the United States. However, another country which is seeing truly expone ...
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- Wilmar Investment Holdings
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Planning Commission, India
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
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