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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, 07 December 17
SUPRAMAX: CHINA TO INDIA FIXING AT MID US$ 8000 - FEARNLEYS
Supramax
There has been quite some activity in the Atlantic basin this week, rates out of USG are still firm, trips to Emed gone through at low/m ...
Thursday, 07 December 17
THE ROLE OF COAL - AN INCONVENIENT TRUTH - BENJAMIN SPORTON, WCA
At the climate talks in Bonn, a global alliance to phase out coal was launched. This, along with other rhetoric about developments in the energy se ...
Wednesday, 06 December 17
SHIPPING MARKET INSIGHT - VASILIS VASILEIOU
Moving towards the end of 2017, we are facing a relatively slack period of business in the ship repair sector. The repair market has already mature ...
Tuesday, 05 December 17
DOES BITCOIN HAVE A FUTURE IN SHIPPING? - ALIBRA SHIPPING
Google now receives more search requests for Bitcoin than for Kim Kardashian, Beyoncé and Taylor Swift combined. This week, a shipping compa ...
Tuesday, 05 December 17
OIL PRICES HAVE GAINED SOME TRACTION THESE PAST FEW DAYS ON TALKS OF ANOTHER OPEC & RUSSIA PRODUCTION CUT EXTENSION - GERRY LATHROP
Oil prices have gained some traction these past few days on talks of another OPEC (including non-OPEC Russia) production cut extension.
The cu ...
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Showing 1856 to 1860 news of total 6871 |
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- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- PTC India Limited - India
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
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