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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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Tuesday, 23 December 14
SHIPOWNERS ARE FINALIZING MORE DEALS AS YEAR END COMES CLOSER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
With the 2014 year just a few days before waving goodbye, shipowners are looking to close their pending deals in both the newbuilding and S&P m ...
Monday, 22 December 14
Q2'15 CFR SOUTH CHINA COAL SWAP CLOSED $ 0.30 LOWER THAN Q1'15 CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3.67 (-5.81%) month over month and US$ 0.35 (-0.58%) ...
Monday, 22 December 14
API 5 FOB NEWCASTLE COAL SWAPS ARE HEADING SOUTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.71 per MT (-3.24%) and closed at US$ 51.02 on 19 December month ...
Sunday, 21 December 14
PANAMAX COAL FREIGHT FROM INDONESIA TO INDIA FALLS FURTHER
COALspot.com: The BDI continued its fall as cape index lost heavily week on week.
The BDI was down 6.95 percent week over week and closed at 8 ...
Friday, 19 December 14
HOW WILL LOWER BUNKER PRICES AFFECT THE SUBSTANTIAL OVERCAPACITY IN DRY BULK MARKET? - BIMCO
As bunker fuel costs have come down from USD 600 per tonnes to USD 330 per tonnes in the past 6 months, much talk about increased ship speed have s ...
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- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
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