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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, 25 April 18
TANKER MARKET INSIGHT - THEODOROS NTALAKOS
We had the opportunity to be part of Intertanko's Hellenic Mediterranean Panel last week in the SNFCC and to present an outlook on the tanker f ...
Tuesday, 24 April 18
IMPORTING INDONESIAN COAL MAKES SENSE FOR INDIAN COASTAL PLANTS EVEN WHEN IT IS COSTLIER THAN INDIAN - ECONOMIC TIMES
Rising Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augur ...
Tuesday, 24 April 18
IMO AIMS TO HALVE GLOBAL SHIPPING EMISSIONS - BUT WHAT WILL IT COST? - WOOD MACKENZIE
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritim ...
Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
Capesize
This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, f ...
Wednesday, 18 April 18
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The return of traders and charterers from the Easter festivities came along with a slight increase in activity across the edible oil markets. Howev ...
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Showing 1736 to 1740 news of total 6871 |
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Planning Commission, India
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
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