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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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Thursday, 13 September 18
SHIPPING IS INCREASINGLY CAUGHT IN THE TRADE WAR LINE OF CROSSFIRE - PETER SAND
Once again, the already long list of tariffed goods has been made even longer. Many more commodities were hit on 23 August, but September is likely ...
Wednesday, 12 September 18
THE INTERRELATIONSHIP BETWEEN LETTERS OF INDEMNITY AND CHARTERPARTY "TIME BAR" PROVISIONS - STANDARD CLUB
KNOWLEDGE TO ELEVATE
Introduction
A recent English Court of Appeal decision provides important guidance on the applicability of charterpar ...
Wednesday, 12 September 18
IS LNG POISED FOR A NEW GROWTH CYCLE? - WOOD MACKENZIE
Gas needs to work for its long-term sustainability. But the mood music is upbeat. Just 18 months ago the LNG market was depressed, anticipating an ...
Wednesday, 12 September 18
U.S. TOTAL COAL EXPORTS TO BE 107 MMST IN 2018 AND 101 MMST IN 2019 - EIA
EIA forecasts U.S. coal production will decline by 1% to 768 million short tons (MMst) in 2018, despite a 10% (10 MMst) increase in coal exports.
...
Wednesday, 12 September 18
MARINE BUNKERS: THE END OF THE WORLD AS WE KNOW IT - IBIA
KNOWLEDGE TO ELEVATE
The world of bunkers is heading for rapid and fundamental changes and not just because of the 0.50% sulphur cap in 2020. ...
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Showing 1621 to 1625 news of total 6871 |
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- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- PTC India Limited - India
- MS Steel International - UAE
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
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