COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 65.79 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
Saturday, 13 April 19
IMO 2020 - DON'T SCRUB IT! - IVAR MYKLEBUST
Höegh Autoliners LogoKNOWLEDGE TO ELEVATE

Höegh Autoliners stands firm on its decision not to implement scrubbers but comply with the IMO 2020 regulations by using Very Low Sulphur Fuel Oil or Low Sulphur Marine Gas Oil. In this interview; CEO, Ivar Myklebust gives more background to the decision.
 
“We have ordered zero scrubbers and will order no more”, says Ivar Myklebust, CEO of Höegh Autoliners. ”There are many reasons to why we have decided against scrubbers”.
 
Moving the problem from air to sea
“First of all, the reasoning behind the IMO 2020 regulation is to reduce emissions from the global trading fleet. I am not so sure scrubbers will support that mission”, Ivar says.
 
A scrubber works as a cleaning entity on board; it cleans the exhaust from particulates before the exhaust is emitted to the air. However, the residual does not go away, and the scrubber systems wash this in to the sea.
 
“Surely, scrubbers will reduce emissions to air, but it appears as it will just move the emissions to the sea instead.” Ivar says.
 
Scrubbers increase the fuel usage
He continues: “Implementing a scrubber can actually end up increasing the Co2 footprint of a vessel. The scrubber adds weight to the vessel and requires tens of thousands of tons of water to wash through the systems each day. This requires energy and energy comes from burning more fuel, in this case High Sulphur Fuel.”
 
Port areas are banning scrubbers
Another reason for deciding against scrubbers is that ports have already started to ban open loop scrubber. Shanghai wider port area and Singapore are two ports that have implemented the ban and it is quite likely that Sulfur Emission Control Areas (SECAs) will follow. The Port of Fujairah is furthermore forbidding the discharge of wastewater with sulphur.
 
“If this is a trend it is impossible to say, but it looks like more ports will follow”, Ivar says. “Considering that each of Höegh Autoliners’ vessels, spend 60-70 days in ports annually, often in areas where scrubbers are banned, it makes little sense for us to invest in scrubbers.“
 
Vessel design
“Structurally, Pure Car and Truck Carriers are also not ideal for scrubbers. Fourteen decks high, it is challenging to put in a scrubber that should go from the engine room up through the whole vessel to the chimney.” Ivar says.
 
In-efficient industry model
Then there is the point of doing what you do best. Refineries are set to refine oil at large scale and do it efficiently. All logic says that having 70 000 mini-refineries sailing around the globe is not the most efficient way of dealing with the new give.
 
“Why focus on using a product that will be banned?” Ivar questions, aiming at the High Sulphur Fuel that the scrubber advocates will continue using. “I want to hear from the refineries how they will secure us with sufficient supply of a product that is legal, namely the Very Low Sulphur Fuel Oil and Low Sulphur Marine Gas Oil.”
 
Bunker Adjustment Factor
No matter how you do it, transporting cargo by sea will be more expensive from 1 January 2020. Those that invest in scrubbers will need their investments to be paid off and for those using Very Low Sulphur Fuel Oil or Low Sulphur Marine Gas Oil, the fuel will be considerably more expensive.
 
“With shipping rates already down at unsustainable levels in the RoRo industry, this is not a cost that can be carried by the shipping lines.” Ivar says. “In our industry, the standard is to share the risk and return of bunker price shifts with the customers, through a Bunker Adjustment Factor in the contracts. Focus is now on assuring that all our contracts reflect the new standard bunker point, as we approach end of 2019.”
Source: Höegh Autoliners


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

Recent News

Friday, 30 October 15
COAL PRODUCTION IN THE UNITED STATES INCREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.5 million shor ...


Thursday, 29 October 15
IRAN'S RETURN TO OIL MARKETS WILL HAVE TEMPERED IMPACT FOR THE TANKER SHIPPING INDUSTRY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
While many analysts appear to be fearful of a potential incremental rise in tanker ships’ supply, as a result of the imminent return of Iran ...


Thursday, 29 October 15
Q2' 16 FOB INDONESIA COAL SWAP CLOSED US$ 37.40 PER TON; DECLINED 5.56 PER CENT M-M
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week. The Q4 swap declined $ 2.13 (-5.34%) per t ...


Wednesday, 28 October 15
Q2'16 FOB RICHARDS BAY COAL SWAP SEES FURTHER DECLINES
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gained week over week and declined month over month. The Q4 swap was d ...


Wednesday, 28 October 15
BDI INCREASE TOOK PLACE SOLELY ON THE BACK OF CAPESIZE PERFORMANCE, BUT........ - INTERMODAL
COALspot.com: The Dry Bulk market closed off the week noting a small improvement  which nonetheless failed to lift sentiment, not only because ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 5538
News by Category
Popular News
 
Total Members : 26,487
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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