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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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Monday, 07 May 18
SOUTH KOREA STATE-OWNED UTILITY KOREA MIDLAND POWER ISSUED A TENDER FOR 1 MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 mt of min. 5700 NAR coal of Australian origi ...
Monday, 07 May 18
GLOBAL COAL DEMAND ROSE ABOUT 1% IN 2017; ASIA ACCOUNTED FOR THE LARGEST INCREASE IN COAL DEMAND, UP 35 MTOE RELATIVE TO 2016 - IEA
Global coal demand rose about 1% in 2017, reversing the declining trend seen over the last two years. This growth was mainly due to demand in Asia, ...
Friday, 04 May 18
ELECTRICITY GENERATION FROM RENEWABLES WAS SECOND ONLY TO COAL IN 2017 - IEA
World electricity demand increased by 3.1 %, significantly higher than the overall increase in energy demand. Together, China and India accounted f ...
Thursday, 03 May 18
SUPRAMAX: INDO - CHINA COAL ROUNDS ARE PAYING IN THE LOW-MID $12000 BSS SINGAPORE DELIVERY - FEARNLEYS
Supramax
As expected a slow and uneventful start to the week with holidays in many countries, however by mid-week some fresh requirements and pos ...
Tuesday, 01 May 18
SUPRAMAX: COAL RUNS, A 61,000-DWT WAS FIXED BASIS DELIVERY SURABAYA, FOR A TRIP VIA INDONESIA, RE-DELIVERY INDIA AT $15,000 - BALTIC BRIEFING
Capesize
Rates eased in the East, as the week closed out with the momentum slowing. Levels on the key West Australia/China run dropped to $7.25 ...
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Showing 1726 to 1730 news of total 6871 |
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- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- The University of Queensland
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
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