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Sunday, 26 April 20
STRONGER BUNKER PRICES FAIL TO RALLY FREIGHT MARKET - FIS
VLSFO bunker prices rebounded by $22.50 to $229/mt in the port of Singapore but failed to turn around the spot freight market.
 
Some trade sources expect further drop of VLSFO due to competitive prices offered by other ports in the region.
 
For instance, China’s Zhoushan port had offered VLSFO at a record discount to Singapore’s levels of $31.50/mt since the start of week.
 
Besides, the crude prices recovery was still at its infancy after the recent wild swings, and might not find the bottom yet as COVID 19 is believed to slash oil demand as much as 20-30 million barrels per day, against the OPEC + output cut of 9.7-10 million barrels per day.
Source: Freight Investor Services


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Friday, 13 March 20
TOP 4 ACCOUNTING CONSIDERATIONS AFTER THE IMPLEMENTATION OF IMO 2020 - PWC
To install or not to install?   Following the IMO 2020 global low sulphur cap for marine fuel effective since 1 January 2020, many shi ...


Friday, 13 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...


Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June ...


Thursday, 12 March 20
INDIA 2019 THERMAL COAL IMPORTS RISE 12.6% TO NEARLY 200 MILLION TONNES - REUTERS
India’s thermal coal imports rose 12.6% to nearly 200 million tonnes in 2019, government data reviewed by Reuters showed, reflecting the seco ...


Wednesday, 11 March 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.07 PCT - XINHUA
China Taiyuan coal transaction price index stood at 133.16 points Monday, up 0.07 percent week on week.   The index, released by China ...


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