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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, 19 January 18
U.S. WEEKLY COAL OUTPUT WAS 13.5 MMST FOR THE WEEK ENDING JANUARY 13, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.5 million short tons ...
Thursday, 18 January 18
WORLD TRADE IN HARD COAL RISES BY 1.5% IN 2017 - KOHLENIMPORTEURE
Press Release: World Trade in Hard Coal Rises by 1.5% in 2017. German Steam Coal Imports Plummet by 15% in 2017 – in Contrast to Other Sector ...
Wednesday, 17 January 18
SHIPPING MARKET INSIGHT - INTERMODAL
As we are now well into the first month of 2018, the mood across the entire offshore industry undeniably remains rather positive following the oil ...
Monday, 15 January 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO WEAK THIS WEEK - VISTAAR
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...
Monday, 15 January 18
QUEENSLAND SHIPPED 210.8 MT OF COAL IN 2017, DOWN 5% YOY QUEENSLAND RESOURCES COUNCIL
Queensland's coal exports over the 12 months reached 210.8 mt which is down 10 mt or 5 per cent from the previous year’s record of 220.8 ...
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Showing 1826 to 1830 news of total 6871 |
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- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Bhatia International Limited - India
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- The University of Queensland
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
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