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Friday, 20 March 20
84% OF FEBRUARY BUNKER SALES IN SINGAPORE ARE LOW-SULPHUR FUELS - BIMCO
 Low-sulphur fuels accounted for 84% of total February sales in Singapore, slightly up from 83% in January. The sale of low-sulphur fuel oil (LSFO) made up the largest component at 71.5%, with Marine Gas Oil (MGO) accounting for 12.5%.
Total bunker sales in February fell 16% to 3.9 million tonnes compared with January, reflecting lower demand for shipping as the coronavirus paralysed intra-Asian supply chains.
Now that both the sulphur cap and the non-compliant fuel oil carriage ban have come into force, the only ships still bunkering high-sulphur fuels are those with scrubbers installed. Just under 30% of the VLCC fleet currently has a scrubber fitted, compared to around 14% of the Aframax fleet, as the larger ship sizes have seen the greatest number of scrubber installations. Overall, 14.2% of the fleet, when measured in DWT, has a scrubber installed (source: Clarksons).
Advantage for scrubber fitted ships narrows
The collapse of the OPEC+ alliance means Saudi Arabia is preparing to flood the market with cheap crude oil. This has resulted in tumbling oil prices and consequently, lower bunker fuel costs.
On 17 March 2020, a metric ton of VLSFO cost USD 293, a 59% drop from USD 710 per metric ton on 1 January 2020, causing the VLSFO- HSFO spread to fall to USD 93 per metric ton. That represents the first time that the spread has fallen below USD 100, lowering the advantage that scrubber fitted ships have previously enjoyed. Similarly, the MGO-HFSO spread has fallen to its lowest level this year at just USD 112 per metric ton.
Source: BIMCO
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Friday, 10 April 20
INDIA'S BULKS SUPPLY CHAIN TAKES A HIT DURING LOCKDOWN - WOOD MACKENZIE
India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Businesses are shut, and the supply chain is ...
Thursday, 09 April 20
SUSPENSION OF WRONGFUL TRADING IN LIGHT OF COVID 19 - WF&W
KNOWLEDGE TO ELEVATE
DIRECTORS’ PERSONAL LIABILITY FOR WRONGFUL TRADING – RELIEF DURING THE CORONAVIRUS CRISIS
As the UK&rsquo ...
Wednesday, 08 April 20
LESSONS LEARNED FROM SCRUBBER INSTALLATION AND OPERATION - ABS
KNOWLEDGE TO ELEVATE
At the beginning of this year, the IMO’s global sulfur cap on marine fuels entered into force and shipowners who ch ...
Wednesday, 08 April 20
MARKET INSIGHT - INTERMODAL
With lockdown measures around the globe tightening during the last weeks of Q1, there is finally a feeling that most countries are slowly but stead ...
Tuesday, 07 April 20
SHIPPING MARKET ANALYSIS - ALLIED
With the first quarter of 2020 now firmly written in the books, it is worth examining what we have witnessed so far in the tanker market. Undoubted ...
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Showing 1021 to 1025 news of total 6871 |
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- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Wilmar Investment Holdings
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
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