COALspot.com keeps you connected across the coal world
  • JULY 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 71.92 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Monday, 08 April 19
SULPHUR 2020 - COUNTDOWN TO THE SWITCHOVER - LLOYD'S REGISTER
LR logoSulphur 2020 (MARPOL Annex VI Reg. 14.1.3) is still dominating headlines and as we draw closer to the 1 January 2020 deadline it’s clear that this is a big challenge for numerous players within the industry, from supplier to the end-user. At this point owners and operators should have chosen their compliance option. We’re now seeing major fuel suppliers announcing their availability of 0.50% compliant fuel. Last month, BP announced that they have successfully tested Low Sulphur Fuel Oil at sea and will be selling 0.50% before 2020. This came shortly after the International Energy Agency projected that almost half of the global fleet will use marine gas oil in 2020 and eventually, 40% will burn Very Low Sulphur Fuel (LSFO). We’ve also seen that compliant fuel is available in ports such as Rotterdam. Importantly, this gives shipowners and operators the ability to plan ahead – as they learn which suppliers have what fuel available and where – helping them get their fleets and crews ready for this regulation.
 
The biggest challenge
For shipowners and operators, the biggest challenge is to prepare their ships when changing over from High Sulphur Fuel Oil (HSFO) to Low Sulphur Fuel Oil (LSFO). They will need to work out how much investment is needed to prepare the ship’s fuel systems and tanks; this might involve cleaning tanks which takes time, effort and money as the ship will need to be off-hire. Owners and operators also have the option to leave their tanks and hope that this change of fuel will not damage them or affect operations. Alternatively, they can consider the implications of the diversity of fuels that might come with this regulation. For example, will this require segmentation? If so, does the owner or operator have spare tanks to segment the fuel?
 
Test, prepare and plan
Our Fuel Oil Bunker Analysis and Advisory Service (FOBAS) team have been analysing 0.50% fuels to set a baseline understanding of compatibility and from a technical perspective, we would recommend implementing a fuel segregation plan. Whether that’s considering loading a light product compared to a heavy one, and or making greater efforts to segregate and avoid comingling fuels – industry experts warn against mixing one bunker with another as there’s a high risk of destabilising the fuels and in most situations, crews can’t easily assess the degree of risk of this happening until the fuel is already onboard, so segregation of bunkers is important.
 
The next step is managing the diversity of the viscosities of the fuels and managing any incompatibility thus observed between the different bunkers onboard: if crews must mix, then working out the ratio’s involved and any potential resultant properties is key. These are all important considerations and decisions to be made now as part of the ship implementation plan, as recommended by the IMO, allowing owners and operators the time to test, prepare and plan.
 
Some crews have had limited or no experience of using LSFO, and therefore crews need to be prepared for this, particularly when it comes to fuel management on board. All ships should have a fuel management protocol onboard , which is likely to be a procedure covered in the company’s ship management system. However, shipowners and operators need to go beyond this and ensure their crew have a proactive mindset to comply with the Sulphur 2020 limit. This should address an additional fuel change plan, for which the ship implementation plan will include key preparatory milestones, so considering whether there is a need to update their fuel management strategies to include bunker segregation and fuel compatibility.
 
A word of caution
There is some speculation that because we’re going to have a diverse range of fuel blends there will be quality issues, owners and crew will need to make sure there are barriers in place to protect against contamination if it occurs. This might not necessarily happen because all residual fuels are for the most part blended and blending has been a common practice in the shipping industry for many decades, but it’s right to be cautious. Reputable suppliers should meet the standards set out in ISO-8217, the marine fuel standard that gives the criteria of the core parameters which must be met by any fuel if it’s to be used onboard a ship. We recommend purchasing against the latest revision of the international marine fuel standard ISO-8217:2017. With this, the supplier knows the parameters and targets set out in ISO-8217 and understands that there’s clauses in the standard that expects the supplier to have quality assurance within the supply chain and consequently their responsibilities to heed to that.
 
When it comes to Sulphur 2020, planning is critical. Approximately 50% of the world fleet have little or no experience operating in an Emission Control Area (ECA) and having to switch to working with low sulphur fuel nor have they experienced this type of change before, so awareness for crews and preparing fuel systems and tanks is fundamental to get this change safely and effectively implemented. Yes, there are risks and safety concerns, however the industry can tackle these with a sense of confidence if sufficient planning, testing and stakeholder engagement is implemented.
Source: Lloyd’s Register


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 08 July 19
INDONESIAN COAL PRICE REFERENCE POSTS BIGGEST MONTHLY LOSS SINCE JANUARY 2017
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...


Monday, 08 July 19
ULTRAMAX: A 52,000-TONNER OPEN CJK FIXED FOR A TRIP VIA INDONESIA WITH RE-DELIVERY CHINA AT $6,100 - BALTIC BRIEFING
Capesize The Capesize market surged over the past week, reaching highs not seen since August last year. Widespread activity in both basins saw ...


Wednesday, 03 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
The global shipping industry is facing numerous challenges at a time when geopolitical turmoil has escalated in view of the recent tension in the M ...


Monday, 01 July 19
COAL DEMAND RISES, BUT REMAINS BELOW PEAK LEVELS - FORBES
This article is the third in a series on BP’s recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive ...


Saturday, 29 June 19
ULTRAMAX: FROM SOUTHEAST ASIA MORE COAL WAS ENTERING THE MARKET - BALTIC BRIEFING
Capesize The market showed variability over the past week, as most routes were active yet sentiment differed from region to region. The Pacific ...


   1 2 3 4 5   
Showing 6 to 10 news of total 5507
News by Category
Popular News
 
Total Members : 26,333
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Coal Orbis AG
  • Tamil Nadu electricity Board
  • Kalimantan Lumbung Energi - Indonesia
  • Central Electricity Authority - India
  • Bank of China, Malaysia
  • Banpu Public Company Limited - Thailand
  • IOL Indonesia
  • Samsung - South Korea
  • NTPC Limited - India
  • EMO - The Netherlands
  • RBS Sempra - UK
  • IBC Asia (S) Pte Ltd
  • J M Baxi & Co - India
  • Thiess Contractors Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Mintek Dendrill Indonesia
  • London Commodity Brokers - England
  • Ind-Barath Power Infra Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Barclays Capital - USA
  • Sree Jayajothi Cements Limited - India
  • Larsen & Toubro Limited - India
  • Moodys - Singapore
  • Malco - India
  • Vitol - Bahrain
  • Bayan Resources Tbk. - Indonesia
  • Inco-Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Jaiprakash Power Ventures ltd
  • Port Waratah Coal Services - Australia
  • CIMB Investment Bank - Malaysia
  • Oldendorff Carriers - Singapore
  • Makarim & Taira - Indonesia
  • Chamber of Mines of South Africa
  • Deloitte Consulting - India
  • U S Energy Resources
  • Thermax Limited - India
  • Videocon Industries ltd - India
  • Carbofer General Trading SA - India
  • Leighton Contractors Pty Ltd - Australia
  • Freeport Indonesia
  • UBS Singapore
  • Kobexindo Tractors - Indoneisa
  • Sucofindo - Indonesia
  • TeaM Sual Corporation - Philippines
  • SASOL - South Africa
  • Pendopo Energi Batubara - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Bangkok Bank PCL
  • Japan Coal Energy Center
  • Globalindo Alam Lestari - Indonesia
  • Credit Suisse - India
  • Clarksons - UK
  • Pinang Coal Indonesia
  • KEPCO - South Korea
  • World Coal - UK
  • Billiton Holdings Pty Ltd - Australia
  • Karaikal Port Pvt Ltd - India
  • Panama Canal Authority
  • Neyveli Lignite Corporation Ltd, - India
  • Fearnleys - India
  • Mechel - Russia
  • Barasentosa Lestari - Indonesia
  • Bulk Trading Sa - Switzerland
  • Adaro Indonesia
  • IMC Shipping - Singapore
  • Independent Power Producers Association of India
  • Vizag Seaport Private Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • PowerSource Philippines DevCo
  • Asmin Koalindo Tuhup - Indonesia
  • KPCL - India
  • SMG Consultants - Indonesia
  • Romanian Commodities Exchange
  • Noble Europe Ltd - UK
  • Sindya Power Generating Company Private Ltd
  • Tata Chemicals Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Vale Mozambique
  • Sojitz Corporation - Japan
  • GB Group - China
  • CoalTek, United States
  • Sakthi Sugars Limited - India
  • Attock Cement Pakistan Limited
  • ICICI Bank Limited - India
  • BRS Brokers - Singapore
  • Idemitsu - Japan
  • Enel Italy
  • Star Paper Mills Limited - India
  • Qatrana Cement - Jordan
  • Essar Steel Hazira Ltd - India
  • Binh Thuan Hamico - Vietnam
  • Arutmin Indonesia
  • Tata Power - India
  • Singapore Mercantile Exchange
  • PLN Batubara - Indonesia
  • PTC India Limited - India
  • Kobe Steel Ltd - Japan
  • Orica Mining Services - Indonesia
  • bp singapore
  • Cardiff University - UK
  • Sical Logistics Limited - India
  • Aditya Birla Group - India
  • VISA Power Limited - India
  • GHCL Limited - India
  • Merrill Lynch Commodities Europe
  • Bhoruka Overseas - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Intertek Mineral Services - Indonesia
  • Minerals Council of Australia
  • Georgia Ports Authority, United States
  • Marubeni Corporation - India
  • ETA - Dubai
  • Maheswari Brothers Coal Limited - India
  • Total Coal South Africa
  • Bangladesh Power Developement Board
  • Core Mineral Indonesia
  • Altura Mining Limited, Indonesia
  • Aboitiz Power Corporation - Philippines
  • Xindia Steels Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Bhatia International Limited - India
  • Power Finance Corporation Ltd., India
  • globalCOAL - UK
  • Formosa Plastics Group - Taiwan
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • HSBC - Hong Kong
  • Siam City Cement PLC, Thailand
  • Platts
  • Antam Resourcindo - Indonesia
  • New Zealand Coal & Carbon
  • NALCO India
  • ING Bank NV - Singapore
  • Coastal Gujarat Power Limited - India
  • PLN - Indonesia
  • McKinsey & Co - India
  • Gujarat Mineral Development Corp Ltd - India
  • Directorate Of Revenue Intelligence - India
  • Thailand Anthracite
  • Kideco Jaya Agung - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Coalindo Energy - Indonesia
  • Gupta Coal India Ltd
  • UOB Asia (HK) Ltd
  • OCBC - Singapore
  • Holcim Trading Pte Ltd - Singapore
  • Samtan Co., Ltd - South Korea
  • Xstrata Coal
  • Cigading International Bulk Terminal - Indonesia
  • Tanito Harum - Indonesia
  • Arch Coal - USA
  • TNB Fuel Sdn Bhd - Malaysia
  • Savvy Resources Ltd - HongKong
  • Kumho Petrochemical, South Korea
  • SGS (Thailand) Limited
  • Petrochimia International Co. Ltd.- Taiwan
  • APGENCO India
  • Runge Indonesia
  • Bank of America
  • Malabar Cements Ltd - India
  • Goldman Sachs - Singapore
  • Meenaskhi Energy Private Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Maruti Cements - India
  • Medco Energi Mining Internasional
  • Lanco Infratech Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • KPMG - USA
  • Timah Investasi Mineral - Indoneisa
  • Maybank - Singapore
  • Toyota Tsusho Corporation, Japan
  • Ministry of Finance - Indonesia
  • Ministry of Mines - Canada
  • Petrosea - Indonesia
  • Coal and Oil Company - UAE
  • Bharathi Cement Corporation - India
  • GAC Shipping (India) Pvt Ltd
  • Madhucon Powers Ltd - India
  • Mitra SK Pvt Ltd - India
  • The University of Queensland
  • Britmindo - Indonesia
  • Mercuria Energy - Indonesia
  • Indian Oil Corporation Limited
  • Kartika Selabumi Mining - Indonesia
  • Riau Bara Harum - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Borneo Indobara - Indonesia
  • Indika Energy - Indonesia
  • Parry Sugars Refinery, India
  • Cemex - Philippines
  • Bhushan Steel Limited - India
  • Mitsui
  • IHS Mccloskey Coal Group - USA
  • Thai Mozambique Logistica
  • SRK Consulting
  • DBS Bank - Singapore
  • India Bulls Power Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • PetroVietnam
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Adani Power Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Standard Chartered Bank - UAE
  • CNBM International Corporation - China
  • Heidelberg Cement - Germany
  • Permata Bank - Indonesia
  • Thomson Reuters GRC
  • Indorama - Singapore
  • Geoservices-GeoAssay Lab
  • Simpson Spence & Young - Indonesia
  • Cosco
  • Humpuss - Indonesia
  • Parliament of New Zealand
  • JPMorgan - India
  • WorleyParsons
  • Bukit Baiduri Energy - Indonesia
  • Indonesian Coal Mining Association
  • Wilmar Investment Holdings
  • Shenhua Group - China
  • GMR Energy Limited - India
  • McConnell Dowell - Australia
  • Wood Mackenzie - Singapore
  • Australian Commodity Traders Exchange
  • Jindal Steel & Power Ltd - India
  • Cement Manufacturers Association - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Russian Coal LLC
  • Latin American Coal - Colombia
  • Indogreen Group - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Mitsubishi Corporation
  • Metalloyd Limited - United Kingdom
  • Agrawal Coal Company - India
  • Energy Link Ltd, New Zealand
  • Mjunction Services Limited - India
  • The India Cements Ltd
  • Gujarat Sidhee Cement - India
  • White Energy Company Limited
  • Anglo American - United Kingdom
  • Merrill Lynch Bank
  • Posco Energy - South Korea
  • Surastha Cement
  • Glencore India Pvt. Ltd
  • Indian School of Mines
  • TNPL - India
  • Berau Coal - Indonesia
  • ASAPP Information Group - India
  • Planning Commission, India
  • European Bulk Services B.V. - Netherlands
  • Gujarat Electricity Regulatory Commission - India
  • Vedanta Resources Plc - India
  • World Bank
  • Reliance Power - India
  • Grasim Industreis Ltd - India
  • ACC Limited - India
  • Ambuja Cements Ltd - India
  • Australian Coal Association
  • IEA Clean Coal Centre - UK
  • Coal India Limited
  • The Treasury - Australian Government
  • Mercator Lines Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • CESC Limited - India
  • CCIC - Indonesia
  • Gresik Semen - Indonesia
  • Lafarge - France
  • Jatenergy - Australia
  • ANZ Bank - Australia
  • Trasteel International SA, Italy
  • Coeclerici Indonesia
  • Rudhra Energy - India
  • Deutsche Bank - India
  • Edison Trading Spa - Italy
  • BNP Paribas - Singapore
  • Thriveni
  • PNOC Exploration Corporation - Philippines
  • JPower - Japan
  • Krishnapatnam Port Company Ltd. - India
  • LBH Netherlands Bv - Netherlands
  • Peabody Energy - USA
  • Shree Cement - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • KOWEPO - South Korea
  • Eastern Coal Council - USA
  • Salva Resources Pvt Ltd - India
  • Coaltrans Conferences
  • TANGEDCO India
  • Eastern Energy - Thailand
  • The State Trading Corporation of India Ltd
  • GNFC Limited - India
  • Rio Tinto Coal - Australia
  • Central Java Power - Indonesia
  • Maersk Broker
  • MEC Coal - Indonesia
  • Inspectorate - India
  • Uttam Galva Steels Limited - India
  • Kaltim Prima Coal - Indonesia
  • MS Steel International - UAE
  • South Luzon Thermal Energy Corporation
  • EIA - United States
  • Price Waterhouse Coopers - Russia
  • Global Coal Blending Company Limited - Australia
  • Economic Council, Georgia
  • Orica Australia Pty. Ltd.
  • Asia Cement - Taiwan
  • Interocean Group of Companies - India
  • Asian Development Bank
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Indonesia Power. PT
  • Africa Commodities Group - South Africa
  • Dalmia Cement Bharat India
  • GVK Power & Infra Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Manunggal Multi Energi - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Argus Media - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Platou - Singapore
  • Ince & co LLP
  • Commonwealth Bank - Australia
  • Renaissance Capital - South Africa
  • SUEK AG - Indonesia
  • Electricity Generating Authority of Thailand
  • Siam City Cement - Thailand
  • Infraline Energy - India
  • Ministry of Transport, Egypt
  • Cargill India Pvt Ltd