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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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Tuesday, 07 April 20
IS CHINA EMBARKING ON A MAJOR EXPANSION OF COAL-FIRED POWER GENERATION? - WOOD MACKENZIE
As energy companies worldwide grapple with the economic impact of the coronavirus pandemic, long-term planning continues. Ahead of the release of t ...
Tuesday, 07 April 20
COAL INDIA'S DISPATCHES DROP, OUTPUT INCREASES - THE HINDU
India’s largest coal producer Coal India Ltd. (CIL) has seen a 10% fall in dispatches in March 2020 due to a sharp fall in demand from the po ...
Tuesday, 07 April 20
CORONAVIRUS AND LOCKDOWNS DRAG DOWN THE INDONESIAN COAL PRICE REFERENCE IN APRIL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of the Indonesian ther ...
Monday, 06 April 20
A 52,000DWT SHIP FIXING DELIVERY SINGAPORE TRIP, VIA INDONESIA, REDELIVERY TAIWAN, AT $3,100 - BALTIC BRIEFING
Capesize
The Capesize market this past week looks to have come off life support and found some improved sentiment. The week began rather ordina ...
Monday, 06 April 20
INDIA'S 21-DAY LOCKDOWN - IMPACT ON COMMODITIES? - WOOD MACKENZIE
India is under a three-week lockdown from 25 March, to contain the spread of the coronavirus outbreak. Wood Mackenzie analysts discuss what this me ...
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Showing 1026 to 1030 news of total 6871 |
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- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Economic Council, Georgia
- Cement Manufacturers Association - India
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
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