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Friday, 18 October 19
SINGAPORE'S APEX TO LAUNCH LOW-SULFUR FUEL OIL CONTRACT AHEAD OF NEW SHIPPING RULES - REUTERS
 Singapore-based Asia Pacific Exchange (APEX) will launch a low-sulfur fuel oil (LSFO) futures contract on Friday aimed at helping shipping and energy firms manage price fluctuations as stricter global marine fuel rules kick in from 2020, it said.
New International Maritime Organization (IMO) regulations cutting the allowed sulfur content in shipping fuel to 0.5% from 3.5% in a bid to combat air pollution will apply from Jan. 1 next year.
The new contract aims to help the energy and shipping sectors to hedge risk in the relatively new market for 0.5% LSFO delivered marine fuels, or bunkers, the spokesman said.
“Risk management demand for delivered bunker LSFO prices has become more significant due to factors such as the uncertainty in LSFO specifications, and the disconnection between cargo and delivered prices,” said the spokesman.
The cash-settled, U.S. dollar-denominated LSFO futures contract will be for 10 tonnes of fuel oil, and will use the Argus Bunker Index (ABI) Singapore LSFO 0.5% as the settlement price, according to APEX and Argus company websites.
The Argus LSFO 0.5% index represents the price of bunker fuel delivered within 4-12 days of the trade date, for volumes between 500-3,000 tonnes, with viscosity of less than 380-centistoke (cst) and sulfur content below 0.5%.
The LSFO futures contract is APEX’s second fuel oil contract and follows the 380-cst high-sulfur fuel oil (HSFO) contracts it launched in April.
“Since the launch of the HSFO contract, we have been closely monitoring the demand and pain points of the market, and will continuously design new products and improve our services based on market’s feedback,” the spokesman said.
The new contract is expected to help users cope with the change in marine fuel regulation, he added.
Since its launch the APEX 380-cst HSFO contract has seen average daily trading volume of some 23,000 lots, representing 230,000 tonnes of fuel oil, and an average daily open interest of around 3,600 lots, or 36,000 tonnes, the spokesman said.
Source: Reuters
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Thursday, 16 January 20
SUPRAMAX: INDO/CHINA ROUND VOYAGE FIXING AROUND LOW/MID USD 6,000 BSS APS INDO - FEARNLEYS
Capesize
Still very rough seas for the big ships, with the majority of the fleet trading Far East or fronthaul and consequently earning far les ...
Wednesday, 15 January 20
ASIA PACIFIC GAS AND LNG - 6 THEMES TO WATCH IN 2020 - WOOD MACKENZIE
NEWS RELEASE
Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020
Asian LNG spot pr ...
Wednesday, 15 January 20
PREDICTIONS FOR 2020: 'SLOWBALISATION" IS THE NEW GLOBALISATION - PWC
Projecting what the future holds is an important exercise for businesses looking to plan ahead. Below we present a summary of some of the themes we ...
Wednesday, 15 January 20
SHIPPING MARKET INSIGHT - INERMODAL
Happy New Year and all the best for IMO 2020 !!
The early days of IMO 2020 coming into force have certainly had an impact on the indus ...
Tuesday, 14 January 20
SOLAS AMENDMENTS ENTERING INTO FORCE 1 JANUARY 2020 - STANDARD CLUB
While the latest amendments to MARPOL annex VI which entered into force on 1 January 2020 limiting the SOx emissions from ships has been the centre ...
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- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- PTC India Limited - India
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
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