COALspot.com keeps you connected across the coal world
  • CHINA THERMAL COAL MARKET FACES 2-3 MONTH CORONAVIRUS SHORT SQUEEZE: NOBLE - REUTERS
  • CHINA RESUMES OVER 70 PCT COAL PRODUCTION CAPACITY AMID EPIDEMIC - XINHUA.
  • THE DAILY COAL BURN RATE AT CHINA'S SIX MAJOR COASTAL POWER PLANTS HAS COME IN TODAY AT 421,000 TONS - COMMODORE RESEARCH
  • FEB 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 66.89 A TON

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, 11 March 16
US WEEKLY COAL PRODUCTION DOWN BY 0.5 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.6 million shor ...


Friday, 11 March 16
FORTESCUE'S MOU WITH VALE COULD STRENGTHEN ITS BUSINESS PROFILE - FITCH
COALspot.com: Fitch Ratings says that Australia-based Fortescue Metals Group Limited's (BB+/Negative) memorandum of understanding (MOU) with Br ...


Thursday, 10 March 16
CHINA'S NEW POLICY PLAN COULD BE POSITIVE FOR SHIPPING, BUT TARGETS SEEM RATHER AMBITIOUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China set out its new policy plan during the course of the past weekend, but it seems to have set some very ambitious goals, which could be difficu ...


Thursday, 10 March 16
U.S. COAL EXPORTS DECLINED 23% IN 2015, AS COAL IMPORTS REMAINED STEADY
COALspot.com: The United States remains a net exporter of coal, exporting 74.0 million short tons (MMst) and importing 11 MMst in 2015. Accord ...


Thursday, 10 March 16
IT FEELS SAFE TO SAY THAT THE MARKET IS SLOWLY AND PAINFULLY REGAINING ITS BALANCE
With the BDI marking its third consecutive positive weekly closing, it feels safe to say that the market is regaining its balance; slowly and painf ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 5755
News by Category
Popular News
 
Total Members : 26,761
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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