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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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Sunday, 08 January 23
ELEVATED COAL PRICE A DRAG ON MARGINS OF DOMESTIC BASE METAL PLAYERS: ICRA
The increased price of coal continue to be a drag on the margin of domestic base metal players with no immediate relief in sight, rating agency ICR ...
Monday, 02 January 23
CHINA’S COAL CONSUMPTION TO PEAK BY 2035: REPORT - REUTERS
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant Chi ...
Thursday, 29 December 22
INDIA'S COAL DEMAND LIKELY TO PEAK BETWEEN 2030-2035: MINISTER - ANI
The demand for coal in India will continue and is likely to peak between 2030-2035, Union Minister of Coal, Mines, and Parliamentary Affairs Pralha ...
Thursday, 29 December 22
RIO TINTO AND PARTNERS COULD RECEIVE AS MUCH AS $450M IN GOVERNMENT COMPENSATION FOR COAL PRICE CAP - THE GUARDIAN
Compensation payments for the Gladstone power plant remain the sticking point in the federal government’s coal price cap compensation negotia ...
Wednesday, 28 December 22
MARKET INSIGHT - INTERMODAL
The United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade wou ...
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Showing 156 to 160 news of total 6871 |
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- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- VISA Power Limited - India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Australian Coal Association
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- The University of Queensland
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Planning Commission, India
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
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