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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, 07 November 16
HANDYSIZE: THE ASIAN INDICES RECORDED A GRADUAL DROP EVERY DAY - THE BALTIC BRIEFING
Capesize
A rumour-fuelled market this week but essentially rates a touch firmer and owners cautiously optimistic. The flotilla of vessels heading ...
Monday, 07 November 16
THE SUPRAMAX CHARTER RATES FOR INDONESIA TO INDIA WERE RATING AT AROUND $7500-8000 A DAY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose slightly and ending in a positive note this past wee ...
Friday, 04 November 16
U.S COAL PRODUCTION UP WEEK OVER WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tons ...
Friday, 04 November 16
INDONESIAN INFRASTRUCTURE DEVELOPMENT TRENDS ARE UNANIMOUSLY AFFIRMED
Press Release: October 20-21, 2016 Indonesia Infrastructure Summit (IIC) opened at the Hyatt Hotel in Jakarta The theme of the meeting was "Pr ...
Thursday, 03 November 16
THE INDEX BASED COAL SALES & PURCHASE STRATEGY MAKES MORE EFFICIENT, SAYS 55.17% END-USERS
Considering the current coal market condition, the Index based coal sales & purchase strategy make more efficient was deemed the winner by 57.0 ...
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Showing 2226 to 2230 news of total 6871 |
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- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Planning Commission, India
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
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