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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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Monday, 21 October 19
COAL TO PLAY SIGNIFICANT ROLE IN SOUTH AFRICA POWER MIX - MINISTER, REUTERS REPORTED
South Africa’s plans for additional power generation over the next decade will involve a variety of energy sources, with coal still playing a ...
Monday, 21 October 19
ULTRAMAX: IN ASIA, TRIPS FROM THE SINGAPORE AREA WERE PAYING BETWEEN $14,000 AND $16,000, DEPENDING ON THE VESSEL SIZE AND DURATION - BALTIC BRIEFING
Capesize
The market traded in a relatively stable supported manner in the Pacific this week while the Atlantic experienced weakening turbulence ...
Friday, 18 October 19
WHY CRUDE TANKER RATES JUST FELL (HALFWAY) BACK TO EARTH - FREIGHT WAVES
Panic drove crude-tanker rates up, very briefly, to mind-bogglingly high assessed levels of around $300,000 per day. Now, the fear factor has been ...
Friday, 18 October 19
SHORT TERM STRENGTH FOR OZ COMMODITIES - BALTIC BRIEFING
Volatility in the global commodity markets is not expected to unduly rattle Australia’s commodity outlook through 2020, but the 2021 picture ...
Friday, 18 October 19
SINGAPORE'S APEX TO LAUNCH LOW-SULFUR FUEL OIL CONTRACT AHEAD OF NEW SHIPPING RULES - REUTERS
Singapore-based Asia Pacific Exchange (APEX) will launch a low-sulfur fuel oil (LSFO) futures contract on Friday aimed at helping shipping and ener ...
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Showing 1306 to 1310 news of total 6871 |
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- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
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