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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, 11 December 18
PORT OF NEWCASTLE SHIPPED 10.849 MMT OF COAL IN NOVEMBER DOWN 23.44 PERCENT MOM
COALspot.com: The Port of Newcastle, Australia’s major trading port and the world’s largest coal export port has shipped A$ 1,574.8 mil ...
Thursday, 06 December 18
IN THE EAST, BIGGER SUPRA WAS FIXED CA US$ 10K FOR INDO-CHINA COAL ROUND - FEARNLEYS
Capesize
There is cautious optimism for the Capes, with healthier volumes and improving rates in the Pacific. West Australia round is gradually ...
Thursday, 06 December 18
U.S. COAL CONSUMPTION IN 2018 EXPECTED TO BE THE LOWEST IN 39 YEARS - EIA
EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U ...
Thursday, 06 December 18
DEMAND RISKS WEIGH ON GLOBAL SHIPPING SECTOR OUTLOOK - FITCH RATINGS
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings say ...
Thursday, 06 December 18
CHINA REVISES MANAGEMENT RULES ON ESTABLISHMENT OF FULLY FOREIGN-OWNED SHIPPING BUSINESSES - XINHUA
Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on ...
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Showing 1536 to 1540 news of total 6871 |
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- PTC India Limited - India
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Planning Commission, India
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
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