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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, 07 May 19
UNDOUBTEDLY A VERY TROUBLED YEAR FOR THE DRY BULK MARKET, SAYS ALLIED SHIPPING
Undoubtedly a very troubled year for the dry bulk market says Allied Shipping in its latest weekly report.
Thomas Chasapis, Re ...
Saturday, 04 May 19
HOW THE 'FAIR VALUE' OF COAL ASSETS IS AFFECTED BY COMMODITY CYCLES - CRU
As with any commodity, valuing coal assets can be tricky due to the cyclical nature of the market. In this insight, CRU discusses how commodity cyc ...
Friday, 03 May 19
SUPRAMAX: WITH WIDESPREAD HOLIDAYS DURING THE WEEK, THE MARKET LACKED IMPETUS - BALTIC BRIEFING
Capesize
The market last week was a tale of two halves, with substantial volatility. Beginning the week on a positive note the C5 West Australi ...
Friday, 03 May 19
COAL INDIA APRIL OUTPUT RISES 1% TO 45.29 MILLION TONNE - PTI
Coal India Ltd (CIL) Wednesday said its coal production in April 2019 rose by 1 per cent to 45.29 million tonne as compared with 44.86 million tonn ...
Sunday, 28 April 19
SUPRAMAX: A 54,000DWT VESSEL OPEN GRESIK FIXED VIA AUSTRALIA, REDELIVERY CHINA, IN THE MID $12,000S - BALTIC BRIEFING
Capesize
Following the holidays, activity increased in both the Pacific and Atlantic Basins. The 5TC average rallied, closing at $8,596, up $1, ...
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Showing 1406 to 1410 news of total 6871 |
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- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Australian Coal Association
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- The University of Queensland
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
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