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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, 11 September 17
A PUNCHY WEEK FOR THE BIG SHIPS AS THE RATE FOR WEST AUSTRALIA TO CHINA HIT $8.00 THE FIRST TIME IN NEARLY THREE YEARS - BALTIC EXCHANGE
Capesize
A punchy week for the big ships as the rate for West Australia/China hit $8.00 the first time in nearly three years. A Jiangsu Steamship ...
Monday, 11 September 17
INDONESIAN ICPR SURGES HIGHER, POSTS BIGGEST MONTHLY RISE SINCE DECEMBER 2016, ESDM DATA SHOWS
COALspot.com: Indonesian coal benchmark price surges 9.60% in September, government data showed.
The benchmark price of Indonesian th ...
Monday, 11 September 17
KOMIPO INVITED BIDS FOR TOTAL 6.235 MMT OF 5700 AND 5100 NAR COAL FOR 2017 TO 2022 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 1,590,000 Metric Tons of Bitumino ...
Monday, 11 September 17
THE FREIGHT MARKET ROSE WEEK OVER WEEK; BCI UP 22.22% & BPI UP 14.77%
COALspot.com: The freight market rose in all segments week over week. Mainly Cape and Panamax have supported to pushed up BDI this past week, BDI, ...
Friday, 08 September 17
MIXED SIGNALS ON REFINERY PREPARATIONS FOR 2020 FUEL CHANGES - IBIA
A recent consultancy survey has suggested that some 85% of refiners have not made plans for how to deal with the expected dramatic fall in g ...
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Showing 1946 to 1950 news of total 6871 |
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- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
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