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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, 24 March 17
U.S COAL PRODUCTION ESTIMATE DECLINE 4.4% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.1 million short tons ...
Thursday, 23 March 17
CAPESIZE: TAKING A BREATHER AFTER RALLYING - BUT OUTLOOK FOR WEEKS TO COME NOT SCARY - FEARNLEYS
Supramax
In the Pacific the market seems somewhat slower this week, although healthy rates still being achieved said Fearnleys in its latest week ...
Thursday, 23 March 17
KOREA MIDLAND POWER COMPANY LIMITED INVITES BIDS FOR TOTAL 4.77 MILLION TONS OF BITUMINOUS COAL FOR ITS BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 2,090,000 Metric Tons of Bituminous coal f ...
Wednesday, 22 March 17
THE DRY BULK MARKET HAS UNDOUBTEDLY REBOUNDED SINCE THE SAME PERIOD LAST YEAR - KONSTANTINOS KONTOMICHIS
The Dry Bulk market has undoubtedly rebounded since the same period last year and currently enjoys healthier freight rates. The positive reversal i ...
Tuesday, 21 March 17
DESPITE THE CHALLENGING MARKET SITUATION IN 2016 THE DELTA DUNIA MAKMUR HAS ACHIEVED A NET PROFIT OF US$37 MILLION
COALspot.com: PT Delta Dunia Makmur Tbk. has announced its financial results for the period ended December 31, 2016.
Despite challenging marke ...
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- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Planning Commission, India
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
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