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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, 27 January 22
2022 - A YEAR OF REBALANCING FOR METALS AND MINING - WOOD MACKENZIE
If 2021 was the year of rebound for metals and mining (M&M) commodities, then 2022 is shaping as the year of rebalance, says Wood Mackenzie, a ...
Wednesday, 26 January 22
MARKET INSIGHT - INTERMODAL
While it is logical that most of the S&P reports of the first weeks of the year are linked to very limited activity as reflected in the weekly ...
Wednesday, 26 January 22
INDONESIA: DME PROJECT IS ECONOMICALLY VIABLE AS STUDY DEMONSTRATES
The government is encouraging downstream coal processing or increase in coal added value, for example by turning coal into Dimethyl Ether (DME) to ...
Wednesday, 26 January 22
COMMODITY PRICES COULD SOAR IF THE RUSSIA-UKRAINE CRISIS ESCALATES - ING
It appears that a number of commodity markets are starting to at least price in some geopolitical risk around the growing tension between Russia an ...
Wednesday, 26 January 22
INDONESIA'S COAL BAN SENDS PRICES SOARING, OTHER EXPORTERS FAIL TO STEP UP - REUTERS
Indonesia’s short-lived ban on exporting coal has sent ructions through the seaborne market for the fuel in Asia, with the fallout likely to ...
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Showing 366 to 370 news of total 6871 |
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- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- The University of Queensland
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- PTC India Limited - India
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
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