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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, 12 September 22
COAL PRICE HIKE REMAINS DIFFICULT FOR CIL: CHAIRMAN TELLS ANALYSTS - PTI
Coal India on Thursday informed investors that increasing coal prices remains difficult in the current context when the economy is grappling with h ...
Friday, 09 September 22
GREECE WILL KEEP COAL-FIRED PLANTS RUNNING FOR LONGER AMID GAS CRISIS - REUTERS
Greece will keep seven coal-fired plants running for longer than previously planned as European countries adjust to a cut in gas flows coming from ...
Friday, 09 September 22
CHINA'S DROUGHT INTENSIFIES GLOBAL COAL SHORTAGE - REUTERS
China’s drought has sent coal prices surging as traders anticipate the lack of hydroelectric generation will force it to burn more coal to me ...
Thursday, 08 September 22
MOODY.S AFFIRMS ABM INVESTAMA'S B1 RATINGS FOLLOWING PLANNED MINORITY INVESTMENT IN COAL MINER; OUTLOOK STABLE
Moody's Investors Service has affirmed ABM Investama Tbk (P.T.)'s B1 corporate family rating (CFR), along with the B1 rating on its senior ...
Thursday, 08 September 22
MARKET INSIGHT - INTERMODAL
While the energy markets are historically stretched, Russian flows of crude oil are closely monitored as the oil trade is ultimately realigned. Mor ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Aditya Birla Group - India
- PTC India Limited - India
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Australian Coal Association
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Planning Commission, India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
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