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Friday, 26 December 14
SHIPS FACE LOWER SULPHUR FUEL REQUIREMENTS IN EMISSION CONTROL AREAS FROM 1 JANUARY 2015 - IMO
Ships trading in designated emission control areas will have to use on board fuel oil with a sulphur content of no more than 0.10% from 1 January 2015, against the limit of 1.00% in effect up until 31 December 2014.
The stricter rules come into effect under the International Convention for the Prevention of Pollution form ships (MARPOL) Annex VI (Regulations for the Prevention of Air Pollution from Ships), specifically under regulation 14, which covers emissions of Sulphur Oxides (SOx) and particulate matter from ships. These requirements were adopted in October 2008 by consensus and entered into force in July 2010.
The emission control areas established under MARPOL Annex VI for SOx are: the Baltic Sea area; the North Sea area; the North American area (covering designated coastal areas off the United States and Canada); and the United States Caribbean Sea area (around Puerto Rico and the United States Virgin Islands).
Outside the emission control areas, the current limit for sulphur content of fuel oil is 3.50%, falling to 0.50% m/m on and after 1 January 2020. The 2020 date is subject to a review, to be completed by 2018, as to the availability of the required fuel oil. Depending on the outcome of the review, this date could be deferred to 1 January 2025.
Ships may also meet the SOx requirements by using gas as a fuel or an approved equivalent method, for example, exhaust gas cleaning systems or “scrubbers”.
Source: Hellenic Shipping News
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Wednesday, 07 January 15
FUEL EFFICIENT SHIPS MAKE LESS SENSE IN LOWER BUNKER PRICE MARKET, BUT FUEL COSTS ARE BOUND TO RISE AGAIN
The shipping industry entered 2015 on mixed emotions, as a relatively buoyant tanker market is met by a rather lackluster dry bulk market. Still, a ...
Wednesday, 07 January 15
2015 IS RIDDLED WITH CHALLENGES FOR THE SHIPPING SECTOR, MOST NOTABLY THE DRY BULK MARKET - HELLENIC SHIPPING NEWS
As the new year has now set foot for real, many are still looking to detect what’s in store for the various shipping markets, with the first ...
Tuesday, 06 January 15
SHIPPING MUST ADOPT CAN-DO ATTITUDE IN 2015 - MOORE STEPHENS
Shipping needs to adopt a can-do attitude in order to successfully meet the challenges which are likely to come its way in 2015.
Shipping part ...
Tuesday, 06 January 15
Q4' 15 FOB INDONESIA COAL SWAP CLOSED 1.81% HIGHER COMPARED TO Q1' 15 CLOSING
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 0.74 (-1.51%) m ...
Tuesday, 06 January 15
FOB RICHARDS BAY COAL SWAPS LOST W-O-W AND M-O-M, SGX DATA SHOWS
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 3.52 (-5. ...
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- Aditya Birla Group - India
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- GMR Energy Limited - India
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
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