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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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Friday, 06 July 18
HOW FLEET SIZE, CORPORATE PROFILE AND STRATEGY ARE DECIDING FACTORS IN SELECTING AN APPROPRIATE FINANCING STRATEGY - PWC
KNOWLEDGE TO ELEVATE
The challenges that shipping companies are facing when selecting an appropriate financing strategy during the current per ...
Friday, 06 July 18
INDIA: GOVT TO RELAX CURBS ON INDIAN FIRMS CHARTERING FOREIGN SHIPS - HINDU BUSINESS LINE
The Ministry of Shipping is clearly in reform mode. On the heels of the recent relaxation of the cabotage law, which allows foreign flag vessels to ...
Friday, 06 July 18
AUSTRALIAN NEWCASTLE SPOT COAL PRICES HIT $120 FOR 1ST TIME SINCE 2012 - REUTERS
Australian thermal coal prices have broken through $120 per tonne for the first time since 2012, driven up by strong consumption in Asia and spot m ...
Thursday, 05 July 18
WHAT THE FAILED GLENCORE-TOHOKU COAL TALKS MEAN FOR THE MARKET - REUTERS
Electric utilities in Japan and other Asian countries are driving blind when it comes to coal prices after the failure of Japan’s Tohoku Elec ...
Thursday, 05 July 18
INDONESIAN COAL PRICE REFERENCE HITS 74 MONTHS HIGH OF $104.65 A TON
COALspot.com: HBA keeps rising. According to latest ministerial decree No.1892 K/30/MEM/2018 dated 2 July 2018, the Indonesian Coal Price Reference ...
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- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Baramulti Group, Indonesia
- The University of Queensland
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
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