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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, 24 October 18
CHINESE POWER PLANT STOCKPILES AT HIGHEST LEVEL SINCE 2015 - JEFFREY LANDSBERG
Chinese power plant coal stockpiles have climbed to approximately 83.3 million tons as of the middle of this month, said Jeffrey Landsberg in his e ...
Tuesday, 23 October 18
WILL THE U.S. COAL DECLINE CONTINUE? - FORBES
What’s Trump’s new coal proposal?
Adding to its controversial plan to leverage federal authority to keep retiring baselo ...
Monday, 22 October 18
CONTINUED HIGH LNG PRICES; TRADE WAR IMPACT LIMITED - FITCH RATINGS
Fitch Ratings expects sustained high spot liquefied natural gas (LNG) and contract prices over the next two quarters on limited investment in LNG e ...
Monday, 22 October 18
WINTER OIL MARKET OUTLOOK - OPEC
The oil market in the winter season is generally characterized by demand for diesel, particularly in the northern hemisphere, leaving product marke ...
Saturday, 20 October 18
PANAMAX: THE PACIFIC SAW A LARGE VOLUME OF FIXING, WITH INDONESIA AGAIN THE DRIVING FORCE - THE BALTIC BRIEFING
Capesize
A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates slippi ...
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- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
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