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Thursday, 24 December 15
GLOBAL MARINE FUEL REGULATIONS COULD SHOCK REFINING AND OIL MARKETS - OPEC | HELLENIC SHIPPING NEWS
 IMO regulations call for global standards for sulphur content in marine fuel to be tightened to 0.5% from its present 3.5%. There is uncertainty over this regulation, however, because there is the possibility that the implementation date could be dropped back from 2020 to 2025, and because it allows for the use of on-board exhaust gas scrubbers with high sulphur fuel as an alternative compliance mechanism. The uncertainty of the timing is a deterrent to both shippers and refiners to invest in facilities, either to scrub fuel or to convert high sulphur supplies to low sulphur. Also, as of today, on-board scrubbers remain at the testing stage and there are doubts over whether, and when, they will prove successful and be adopted en masse.
With scrubber penetration in 2020 now considered by many observers as likely to be low, the volume of high sulphur and mainly heavy marine fuel that would need to be converted to 0.5% sulphur marine distillate or other formulations could lie in the range of 2 mb/d to more than 3 mb/d. This requirement would be on top of the incremental volume and quality demands relating to diesel/gasoil, jet fuel/kerosene and other fuels.
The IMO intends to issue a recommendation on timing of implementation – whether 2020 or 2025 – by late 2016. However, if the date remains at 2020, this will leave only limited time for refiners to make what could ultimately be substantial investments and/or for scrubbers to be retro-fitted to thousands of ships. A risk is emerging that the implementation of the rule could lead to a period of strained refining markets with substantial price premiums versus crude oil for low sulphur distillate and residual fuels and severe discounts for high sulphur fuels. The impacts would not be limited to marine fuels, but would spread across all sectors and world regions. Complex refineries, especially those oriented to distillates, would potentially benefit but simpler refineries, especially those processing higher sulphur crude oils, would be adversely impacted, with possible implications for closures.
Long-term capacity requirements are ‘frontloaded’; the pace of needed refinery capacity additions inexorably slows Although the pace of refinery projects has slowed in the aftermath of the recent crude oil price drop, the 8.3 mb/d of projected total additions by 2020 (which comprise 7.1 mb/d of firm assessed projects plus model-based ‘creep’ and limited additions beyond projects) still represent over 40% of the 20 mb/d cumulative total additions projected as needed by 2040. They are also 35% higher than the total demand growth in the period from 2014–2020, an excess that increases once NGLs and other non-crude supply additions are taken into account. Moreover, rational capacity additions post-2020 are expected to be no more than half the 1.4 mb/d p.a. expected between now and 2020, and less than one-third in the last five years of the forecast period.
Source: OPEC | Hellenic Shipping News
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Friday, 11 March 16
ADANI GLOBAL BAGS 0.26 MILLION TONS OF COAL CONTRACT FROM LANKA COAL COMPANY
COALspot.com: Lanka Coal Company (Private) Limited, Sri Lanka has awarded 260,000 +/- 10% tons of Power plant 6300 GAR calorific value coal to Adan ...
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 ...
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Showing 2526 to 2530 news of total 6871 |
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- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- The University of Queensland
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- MS Steel International - UAE
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Australian Coal Association
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
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