We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please
click here .
To get the WTI oil price , please enable Javascript.
To get the BRENT oil price , please enable Javascript.
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
If you believe an article violates your rights or the rights of others, please contact us .
Wednesday, 20 January 21
MARKET INSIGHT - INTERMODAL
While 2020 is finally behind us, its negative impacts are still hovering over the shipping market. That being said, it is still too early to even s ...
Saturday, 16 January 21
SEABORNE TRADE IN STEAM COAL DECREASED BY 11.6% FROM 937 MILLION TONNES IN 2019 TO 828 MILLION TONNES IN 2020 - COAL IMPORTERS ASSOCIATION, GERMANY
According to preliminary calculations by the German Coal Importers Association (Verein der Kohlenimporteure e. V.), global hard coal production dec ...
Friday, 15 January 21
OVER US$50 BILLION IN GAS POWER PROJECTS AND LNG IMPORT FACILITIES AT RISK OF CANCELLATION IN BANGLADESH, PAKISTAN AND VIETNAM - IEEFA
Pakistan and Bangladesh have already cancelled tenders for LNG imports
Emerging markets such as Vietnam, Pakistan and Bangladesh tha ...
Friday, 15 January 21
VIETNAM'S EXTRAORDINARY ROOFTOP SOLAR SUCCESS DEALS ANOTHER BLOW TO THE REMAINING COAL PIPELINE - IEEFA
9.3 gigawatts peak of solar capacity, equal to 6 coal power plants, installed in less than a year
Vietnam’s solar power indust ...
Friday, 15 January 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Showing 11 to 15 news of total 6215
Vijayanagar Sugar Pvt Ltd - India
Jindal Steel & Power Ltd - India
LBH Netherlands Bv - Netherlands
AsiaOL BioFuels Corp., Philippines
Globalindo Alam Lestari - Indonesia
Binh Thuan Hamico - Vietnam
Parry Sugars Refinery, India
Cement Manufacturers Association - India
International Coal Ventures Pvt Ltd - India
Interocean Group of Companies - India
PetroVietnam Power Coal Import and Supply Company
Africa Commodities Group - South Africa
Madhucon Powers Ltd - India
Bahari Cakrawala Sebuku - Indonesia
Sical Logistics Limited - India
Port Waratah Coal Services - Australia
Lanco Infratech Ltd - India
Planning Commission, India
Jorong Barutama Greston.PT - Indonesia
Leighton Contractors Pty Ltd - Australia
Tamil Nadu electricity Board
Indogreen Group - Indonesia
Maharashtra Electricity Regulatory Commission - India
Manunggal Multi Energi - Indonesia
Directorate Of Revenue Intelligence - India
Asia Pacific Energy Resources Ventures Inc, Philippines
Therma Luzon, Inc, Philippines
Pendopo Energi Batubara - Indonesia
Deloitte Consulting - India
Eastern Energy - Thailand
Romanian Commodities Exchange
Bulk Trading Sa - Switzerland
Banpu Public Company Limited - Thailand
PNOC Exploration Corporation - Philippines
Bukit Baiduri Energy - Indonesia
GVK Power & Infra Limited - India
Miang Besar Coal Terminal - Indonesia
Sinarmas Energy and Mining - Indonesia
ICICI Bank Limited - India
Offshore Bulk Terminal Pte Ltd, Singapore
Intertek Mineral Services - Indonesia
IHS Mccloskey Coal Group - USA
Essar Steel Hazira Ltd - India
Anglo American - United Kingdom
Sarangani Energy Corporation, Philippines
Bangladesh Power Developement Board
Indian Oil Corporation Limited
Bharathi Cement Corporation - India
Kepco SPC Power Corporation, Philippines
Medco Energi Mining Internasional
Rio Tinto Coal - Australia
Bhoruka Overseas - Indonesia
San Jose City I Power Corp, Philippines
Mintek Dendrill Indonesia
The State Trading Corporation of India Ltd
Ministry of Finance - Indonesia
Bukit Makmur.PT - Indonesia
Goldman Sachs - Singapore
Tata Chemicals Ltd - India
Filglen & Citicon Mining (HK) Ltd - Hong Kong
Vedanta Resources Plc - India
Dr Ramakrishna Prasad Power Pvt Ltd - India
Carbofer General Trading SA - India
Savvy Resources Ltd - HongKong
Bayan Resources Tbk. - Indonesia
Kumho Petrochemical, South Korea
Sindya Power Generating Company Private Ltd
Orica Australia Pty. Ltd.
Meralco Power Generation, Philippines
Heidelberg Cement - Germany
Australian Coal Association
PTC India Limited - India
Xindia Steels Limited - India
Altura Mining Limited, Indonesia
Bhushan Steel Limited - India
Indo Tambangraya Megah - Indonesia
Borneo Indobara - Indonesia
Neyveli Lignite Corporation Ltd, - India
CIMB Investment Bank - Malaysia
CNBM International Corporation - China
Oldendorff Carriers - Singapore
Baramulti Group, Indonesia
Straits Asia Resources Limited - Singapore
Global Business Power Corporation, Philippines
Australian Commodity Traders Exchange
Parliament of New Zealand
Thai Mozambique Logistica
Semirara Mining and Power Corporation, Philippines
Mercator Lines Limited - India
Karaikal Port Pvt Ltd - India
Kideco Jaya Agung - Indonesia
ASAPP Information Group - India
Ceylon Electricity Board - Sri Lanka
Standard Chartered Bank - UAE
SN Aboitiz Power Inc, Philippines
Mercuria Energy - Indonesia
Global Coal Blending Company Limited - Australia
Renaissance Capital - South Africa
Central Java Power - Indonesia
Coalindo Energy - Indonesia
Kartika Selabumi Mining - Indonesia
Chamber of Mines of South Africa
IEA Clean Coal Centre - UK
Minerals Council of Australia
London Commodity Brokers - England
Cigading International Bulk Terminal - Indonesia
Petrochimia International Co. Ltd.- Taiwan
McConnell Dowell - Australia
Riau Bara Harum - Indonesia
Ind-Barath Power Infra Limited - India
Commonwealth Bank - Australia
Metalloyd Limited - United Kingdom
Mjunction Services Limited - India
Petron Corporation, Philippines
Grasim Industreis Ltd - India
Indonesian Coal Mining Association
Samtan Co., Ltd - South Korea
GMR Energy Limited - India
Star Paper Mills Limited - India
Truba Alam Manunggal Engineering.Tbk - Indonesia
Bank of Tokyo Mitsubishi UFJ Ltd
Karbindo Abesyapradhi - Indoneisa
PowerSource Philippines DevCo
Global Green Power PLC Corporation, Philippines
Bukit Asam (Persero) Tbk - Indonesia
Barasentosa Lestari - Indonesia
Ministry of Transport, Egypt
Bhatia International Limited - India
Gujarat Sidhee Cement - India
Agrawal Coal Company - India
Makarim & Taira - Indonesia
Latin American Coal - Colombia
Georgia Ports Authority, United States
Kalimantan Lumbung Energi - Indonesia
Posco Energy - South Korea
Salva Resources Pvt Ltd - India
Sakthi Sugars Limited - India
Jaiprakash Power Ventures ltd
Dalmia Cement Bharat India
Electricity Generating Authority of Thailand
Billiton Holdings Pty Ltd - Australia
Kobexindo Tractors - Indoneisa
Simpson Spence & Young - Indonesia
MS Steel International - UAE
Coastal Gujarat Power Limited - India
Larsen & Toubro Limited - India
Singapore Mercantile Exchange
Holcim Trading Pte Ltd - Singapore
Siam City Cement PLC, Thailand
Ambuja Cements Ltd - India
New Zealand Coal & Carbon
Edison Trading Spa - Italy
Trasteel International SA, Italy
Chettinad Cement Corporation Ltd - India
SMC Global Power, Philippines
TeaM Sual Corporation - Philippines
Directorate General of MIneral and Coal - Indonesia
The University of Queensland
Economic Council, Georgia
Aboitiz Power Corporation - Philippines
European Bulk Services B.V. - Netherlands
The Treasury - Australian Government
Uttam Galva Steels Limited - India
South Luzon Thermal Energy Corporation
Ministry of Mines - Canada
Energy Link Ltd, New Zealand
Dong Bac Coal Mineral Investment Coporation - Vietnam
Gujarat Electricity Regulatory Commission - India
Orica Mining Services - Indonesia
TNB Fuel Sdn Bhd - Malaysia
Toyota Tsusho Corporation, Japan
Central Electricity Authority - India
Asmin Koalindo Tuhup - Indonesia
Kohat Cement Company Ltd. - Pakistan
GN Power Mariveles Coal Plant, Philippines
Gujarat Mineral Development Corp Ltd - India
Energy Development Corp, Philippines
Power Finance Corporation Ltd., India
Kapuas Tunggal Persada - Indonesia
Pipit Mutiara Jaya. PT, Indonesia
Sojitz Corporation - Japan
Antam Resourcindo - Indonesia
OPG Power Generation Pvt Ltd - India
Independent Power Producers Association of India
Merrill Lynch Commodities Europe
Marubeni Corporation - India
Indika Energy - Indonesia
Aditya Birla Group - India
Vizag Seaport Private Limited - India
Timah Investasi Mineral - Indoneisa
Siam City Cement - Thailand
White Energy Company Limited
Alfred C Toepfer International GmbH - Germany
Price Waterhouse Coopers - Russia
Rashtriya Ispat Nigam Limited - India
Thiess Contractors Indonesia
Kaltim Prima Coal - Indonesia
Wood Mackenzie - Singapore
Iligan Light & Power Inc, Philippines
Videocon Industries ltd - India
Wilmar Investment Holdings
Formosa Plastics Group - Taiwan
Semirara Mining Corp, Philippines
VISA Power Limited - India
Coal and Oil Company - UAE
India Bulls Power Limited - India
SMG Consultants - Indonesia
Krishnapatnam Port Company Ltd. - India
Attock Cement Pakistan Limited
Meenaskhi Energy Private Limited - India
Maheswari Brothers Coal Limited - India
GAC Shipping (India) Pvt Ltd
Malabar Cements Ltd - India
Sree Jayajothi Cements Limited - India
Eastern Coal Council - USA