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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, 10 November 16
PANAMAX: NO TRUMP INFLUENCE YET, AND THE MARKET IS HEADING NORTH - FEARNLEYS
Supramax
Pacific Supra market still soft and falling this week, although seems to be in a somewhat slower pace compared to last week. According t ...
Wednesday, 09 November 16
SINGAPORE'S SGX COMPLETES ACQUISITION OF LONDON'S BALTIC EXCHANGE
COALspot.com: Singapore Exchange Limited and The Baltic Exchange Limited together announced that the acquisition of the Baltic Exchange by SGX has ...
Wednesday, 09 November 16
SUPRAMAX: 50% INCREASE ON AVERAGE SINCE THE FIRST QUARTER OF THE YEAR - GIANNIS ANDRITSOPOULOS
Last week was an interesting one for the tanker market, which following the explosion of the gas pipeline in Alabama witnessed a spike in Atlantic ...
Tuesday, 08 November 16
S.KOREA'S KOMIPO ISSUES TENDER TO BUY 390K TONS OF BITUMINOUS COAL FOR JAN-FEB 2017
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 390,000 Metric Tons of Bituminous Coal for its B ...
Monday, 07 November 16
INDONESIAN COAL PRICE REFERENCE ROSE 59.57 PER CENT YEAR TO MONTH
COALspot.com: The Indonesia coal benchmark price hits to its highest level since May 2013. The government declared benchmark prices for Indo ...
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Showing 2221 to 2225 news of total 6871 |
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- Siam City Cement - Thailand
- MS Steel International - UAE
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Planning Commission, India
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Australian Coal Association
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
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