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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, 04 November 21
FASTER DECARBONISATION: BACK TO BASICS FOR THE MINING INDUSTRY? - WOOD MACKENZIE
To the uninitiated, rugby is a technical and complicated game. As young schoolboys it was all a wee bit confusing and we invariably ended up on the ...
Wednesday, 03 November 21
CHINA TO LAUNCH NEW DATA MONITORING SYSTEM, TARGETING COAL MARKET SPECULATION, HOARDING - GLOBAL TIMES
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of c ...
Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while ...
Wednesday, 03 November 21
HIGHER COKING COAL PRICES TO PARE PROFITABILITY OF STEELMAKERS IN SECOND HALF OF FY22 - CRISIL RATINGS
The operating margin of primary steelmakers will reduce by a third to 24-26% in the second half of this fiscal versus the first half as input cost ...
Wednesday, 03 November 21
MARKET INSIGHT - INTERMODAL
November is here and soon the all time seasonal favorite “all I want or Christmas is you” by Mariah Carey will be played in radio stati ...
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- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Australian Coal Association
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Sical Logistics Limited - India
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Bhatia International Limited - India
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
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