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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, 17 October 19
INDIA READIES POLICY TO ATTRACT FOREIGN INVESTMENT IN COAL MINING - REUTERS
India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country’s ...
Wednesday, 16 October 19
INDIA CALLS FOR A RESET OF CLIMATE DEBATE ON COAL AS A FUEL - LIVEMINT
India on Tuesday called for a reset on climate debate on coal as a fuel, in the backdrop of India becoming one of the top renewable energy producer ...
Wednesday, 16 October 19
LESSONS LEARNT FROM CREW INJURED IN HEAVY WEATHER - UK P&I CLUB COMMENTS
KNOWLEDGE TO ELEVATE
Stuart Edmonston, Loss Prevention at UK P&I Club, discusses an incident in which crew were injured whilst on deck in ...
Wednesday, 16 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
In perhaps the most interesting market conditions of the past years, the tanker and the dry bulk industry have created a positive sentiment with re ...
Tuesday, 15 October 19
INDIA READIES POLICY TO ATTRACT FOREIGN INVESTMENT IN COAL MINING - REUTERS
India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country's Co ...
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Showing 1311 to 1315 news of total 6871 |
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- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
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