COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
BIMCOSingapore 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


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 28 September 21
THE MAIDEN EDITION OF DIVE TECHNOLOGY SUMMIT 2021 CONCLUDES SUCCESSFULLY
Press Release: DIVE TECHNOLOGY SUMMIT 2021, a one-day conference on the recent technological advancements in the Industrial Diving industry conclud ...


Monday, 27 September 21
CHINESE COAL FIRMS MEET TO ADDRESS WINTER SUPPLY CHALLENGES - CNBC
Major Chinese coal producers are trying to resolve supply shortages and curb price rises as the country’s winter consumption peak approaches, ...


Saturday, 25 September 21
HIGH STAKES FOR ASIAN DEVELOPMENT BANK’S AMBITIOUS COAL POWER RETIREMENT PLAN - IEEFA
Implementation challenges could block funding for other equally important high impact clean energy funding strategies   In the lead up ...


Thursday, 23 September 21
LONGER COAL CONTRACTS MAY REIN IN PRICES - ECNS
In China’s coal sector that has been marred recently by price surges, regional authorities and related enterprises should ensure the fuel con ...


Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rat ...


   94 95 96 97 98   
Showing 476 to 480 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • IMC Shipping - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Enel Italy
  • Alfred C Toepfer International GmbH - Germany
  • Medco Energi Mining Internasional
  • Posco Energy - South Korea
  • Cemex - Philippines
  • Agrawal Coal Company - India
  • Georgia Ports Authority, United States
  • Cement Manufacturers Association - India
  • Sucofindo - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Ambuja Cements Ltd - India
  • ETA - Dubai
  • Salva Resources Pvt Ltd - India
  • The State Trading Corporation of India Ltd
  • Xstrata Coal
  • Pinang Coal Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Cosco
  • ANZ Bank - Australia
  • U S Energy Resources
  • globalCOAL - UK
  • Moodys - Singapore
  • Adaro Indonesia
  • Inco-Indonesia
  • Mercator Lines Limited - India
  • Latin American Coal - Colombia
  • PLN - Indonesia
  • Parliament of New Zealand
  • HSBC - Hong Kong
  • Arutmin Indonesia
  • CIMB Investment Bank - Malaysia
  • Billiton Holdings Pty Ltd - Australia
  • Vedanta Resources Plc - India
  • KEPCO - South Korea
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Energy Link Ltd, New Zealand
  • KPCL - India
  • Ministry of Finance - Indonesia
  • Ministry of Mines - Canada
  • Sindya Power Generating Company Private Ltd
  • Bulk Trading Sa - Switzerland
  • Singapore Mercantile Exchange
  • GVK Power & Infra Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • SGS (Thailand) Limited
  • JPower - Japan
  • Petrosea - Indonesia
  • Aboitiz Power Corporation - Philippines
  • bp singapore
  • Semirara Mining and Power Corporation, Philippines
  • Electricity Generating Authority of Thailand
  • Indian Oil Corporation Limited
  • Arch Coal - USA
  • EMO - The Netherlands
  • Metalloyd Limited - United Kingdom
  • SN Aboitiz Power Inc, Philippines
  • Merrill Lynch Bank
  • Borneo Indobara - Indonesia
  • Infraline Energy - India
  • Maheswari Brothers Coal Limited - India
  • Meralco Power Generation, Philippines
  • Larsen & Toubro Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • The University of Queensland
  • Mintek Dendrill Indonesia
  • Tamil Nadu electricity Board
  • Credit Suisse - India
  • Platou - Singapore
  • Renaissance Capital - South Africa
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Lanco Infratech Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Panama Canal Authority
  • Rashtriya Ispat Nigam Limited - India
  • GNFC Limited - India
  • Commonwealth Bank - Australia
  • PetroVietnam
  • Xindia Steels Limited - India
  • Samtan Co., Ltd - South Korea
  • Mitra SK Pvt Ltd - India
  • Coal and Oil Company - UAE
  • Electricity Authority, New Zealand
  • Global Green Power PLC Corporation, Philippines
  • Simpson Spence & Young - Indonesia
  • KOWEPO - South Korea
  • ASAPP Information Group - India
  • Kapuas Tunggal Persada - Indonesia
  • TRAFIGURA, South Korea
  • Britmindo - Indonesia
  • Edison Trading Spa - Italy
  • Banpu Public Company Limited - Thailand
  • SMC Global Power, Philippines
  • Qatrana Cement - Jordan
  • Total Coal South Africa
  • Gujarat Sidhee Cement - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • SUEK AG - Indonesia
  • Coal India Limited
  • Thriveni
  • Berau Coal - Indonesia
  • Lafarge - France
  • TNB Fuel Sdn Bhd - Malaysia
  • Coastal Gujarat Power Limited - India
  • CESC Limited - India
  • Maybank - Singapore
  • Goldman Sachs - Singapore
  • McConnell Dowell - Australia
  • Attock Cement Pakistan Limited
  • UOB Asia (HK) Ltd
  • GN Power Mariveles Coal Plant, Philippines
  • Deloitte Consulting - India
  • London Commodity Brokers - England
  • LBH Netherlands Bv - Netherlands
  • UBS Singapore
  • Ernst & Young Pvt. Ltd.
  • Port Waratah Coal Services - Australia
  • Central Electricity Authority - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Kobe Steel Ltd - Japan
  • European Bulk Services B.V. - Netherlands
  • Maharashtra Electricity Regulatory Commission - India
  • Australian Commodity Traders Exchange
  • Africa Commodities Group - South Africa
  • Tanito Harum - Indonesia
  • Romanian Commodities Exchange
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Videocon Industries ltd - India
  • Indian School of Mines
  • Sakthi Sugars Limited - India
  • Humpuss - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Kohat Cement Company Ltd. - Pakistan
  • Glencore India Pvt. Ltd
  • Toyota Tsusho Corporation, Japan
  • Shree Cement - India
  • Kumho Petrochemical, South Korea
  • Freeport Indonesia
  • Wood Mackenzie - Singapore
  • Kepco SPC Power Corporation, Philippines
  • Coal Orbis AG
  • Sojitz Corporation - Japan
  • Coeclerici Indonesia
  • OPG Power Generation Pvt Ltd - India
  • TGV SRAAC LIMITED, India
  • Bank of America
  • Planning Commission, India
  • Maersk Broker
  • Mercuria Energy - Indonesia
  • TANGEDCO India
  • RBS Sempra - UK
  • Vizag Seaport Private Limited - India
  • ING Bank NV - Singapore
  • Cargill India Pvt Ltd
  • Samsung - South Korea
  • Chettinad Cement Corporation Ltd - India
  • Bank of China, Malaysia
  • PTC India Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Kalimantan Lumbung Energi - Indonesia
  • World Bank
  • Pendopo Energi Batubara - Indonesia
  • Intertek Mineral Services - Indonesia
  • Indogreen Group - Indonesia
  • Baramulti Group, Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Oldendorff Carriers - Singapore
  • VISA Power Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • GHCL Limited - India
  • Asia Cement - Taiwan
  • PowerSource Philippines DevCo
  • Meenaskhi Energy Private Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Fearnleys - India
  • Karbindo Abesyapradhi - Indoneisa
  • Barclays Capital - USA
  • Kaltim Prima Coal - Indonesia
  • NALCO India
  • Madhucon Powers Ltd - India
  • Formosa Plastics Group - Taiwan
  • CCIC - Indonesia
  • Noble Europe Ltd - UK
  • EIA - United States
  • Jaiprakash Power Ventures ltd
  • Bukit Asam (Persero) Tbk - Indonesia
  • Runge Indonesia
  • Semirara Mining Corp, Philippines
  • Tata Chemicals Ltd - India
  • The Treasury - Australian Government
  • Standard Chartered Bank - UAE
  • Orica Australia Pty. Ltd.
  • Thermax Limited - India
  • Argus Media - Singapore
  • Minerals Council of Australia
  • Siam City Cement - Thailand
  • Straits Asia Resources Limited - Singapore
  • Directorate Of Revenue Intelligence - India
  • Antam Resourcindo - Indonesia
  • JPMorgan - India
  • India Bulls Power Limited - India
  • Heidelberg Cement - Germany
  • Thailand Anthracite
  • BRS Brokers - Singapore
  • Ministry of Transport, Egypt
  • Indika Energy - Indonesia
  • IBC Asia (S) Pte Ltd
  • SRK Consulting
  • PetroVietnam Power Coal Import and Supply Company
  • Mechel - Russia
  • The India Cements Ltd
  • TNPL - India
  • Indian Energy Exchange, India
  • Parry Sugars Refinery, India
  • Manunggal Multi Energi - Indonesia
  • CNBM International Corporation - China
  • Thai Mozambique Logistica
  • Global Business Power Corporation, Philippines
  • Permata Bank - Indonesia
  • J M Baxi & Co - India
  • MS Steel International - UAE
  • Karaikal Port Pvt Ltd - India
  • Makarim & Taira - Indonesia
  • Central Java Power - Indonesia
  • Eastern Energy - Thailand
  • Sree Jayajothi Cements Limited - India
  • Bangladesh Power Developement Board
  • Star Paper Mills Limited - India
  • NTPC Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Siam City Cement PLC, Thailand
  • San Jose City I Power Corp, Philippines
  • Anglo American - United Kingdom
  • Peabody Energy - USA
  • Eastern Coal Council - USA
  • Petron Corporation, Philippines
  • Vale Mozambique
  • Holcim Trading Pte Ltd - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Australian Coal Association
  • Dalmia Cement Bharat India
  • Coalindo Energy - Indonesia
  • OCBC - Singapore
  • New Zealand Coal & Carbon
  • Rio Tinto Coal - Australia
  • GB Group - China
  • Asmin Koalindo Tuhup - Indonesia
  • Coaltrans Conferences
  • Therma Luzon, Inc, Philippines
  • World Coal - UK
  • Chamber of Mines of South Africa
  • Uttam Galva Steels Limited - India
  • Reliance Power - India
  • ACC Limited - India
  • IEA Clean Coal Centre - UK
  • CoalTek, United States
  • Bharathi Cement Corporation - India
  • Gresik Semen - Indonesia
  • Barasentosa Lestari - Indonesia
  • Mitsubishi Corporation
  • Krishnapatnam Port Company Ltd. - India
  • Interocean Group of Companies - India
  • Malabar Cements Ltd - India
  • BNP Paribas - Singapore
  • Indonesian Coal Mining Association
  • Cardiff University - UK
  • SASOL - South Africa
  • Carbofer General Trading SA - India
  • Russian Coal LLC
  • Thomson Reuters GRC
  • Malco - India
  • Surastha Cement
  • Japan Coal Energy Center
  • Power Finance Corporation Ltd., India
  • PLN Batubara - Indonesia
  • Indonesia Power. PT
  • Iligan Light & Power Inc, Philippines
  • TeaM Sual Corporation - Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • Kideco Jaya Agung - Indonesia
  • Grasim Industreis Ltd - India
  • Cebu Energy, Philippines
  • Thiess Contractors Indonesia
  • Bhatia International Limited - India
  • Sical Logistics Limited - India
  • Trasteel International SA, Italy
  • KPMG - USA
  • Geoservices-GeoAssay Lab
  • IOL Indonesia
  • Adani Power Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • SMG Consultants - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Maruti Cements - India
  • White Energy Company Limited
  • Platts
  • Energy Development Corp, Philippines
  • Global Coal Blending Company Limited - Australia
  • Bhoruka Overseas - Indonesia
  • Binh Thuan Hamico - Vietnam
  • APGENCO India
  • Bahari Cakrawala Sebuku - Indonesia
  • Bhushan Steel Limited - India
  • Mjunction Services Limited - India
  • Essar Steel Hazira Ltd - India
  • Riau Bara Harum - Indonesia
  • Marubeni Corporation - India
  • Independent Power Producers Association of India
  • Savvy Resources Ltd - HongKong
  • Core Mineral Indonesia
  • Jatenergy - Australia
  • DBS Bank - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • Mitsui
  • Altura Mining Limited, Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Price Waterhouse Coopers - Russia
  • Bangkok Bank PCL
  • Kobexindo Tractors - Indoneisa
  • Asian Development Bank
  • Wilmar Investment Holdings
  • Ind-Barath Power Infra Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Merrill Lynch Commodities Europe
  • Inspectorate - India
  • Gujarat Electricity Regulatory Commission - India
  • Orica Mining Services - Indonesia
  • Aditya Birla Group - India
  • PNOC Exploration Corporation - Philippines
  • Deutsche Bank - India
  • Directorate General of MIneral and Coal - Indonesia
  • Rudhra Energy - India
  • WorleyParsons
  • Timah Investasi Mineral - Indoneisa
  • GMR Energy Limited - India
  • South Luzon Thermal Energy Corporation
  • Ince & co LLP
  • Economic Council, Georgia
  • McKinsey & Co - India
  • IHS Mccloskey Coal Group - USA
  • Bukit Baiduri Energy - Indonesia
  • ICICI Bank Limited - India
  • Jindal Steel & Power Ltd - India
  • Idemitsu - Japan
  • Tata Power - India
  • MEC Coal - Indonesia
  • Vitol - Bahrain
  • Shenhua Group - China
  • Clarksons - UK
  • Indorama - Singapore
  • Gupta Coal India Ltd