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Wednesday, 14 November 18
BIMCO ADOPTS 2020 BUNKER CLAUSES
 BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.
The Global Marine Fuel Sulphur Clause for Time Charter Parties was approved by the Documentary Committee at its meeting in Copenhagen on 13 November.
“It is very important that the new sulphur clauses are ready well in advance to allow the parties to prepare ahead of 1 January 2020,” says Peter Eckhardt, chairperson of the drafting committee and Head of Chartering and Operations at Reederei F. Laeisz.
“The Global Marine Fuel Sulphur Clause for Time Charter Parties will help them do exactly that, as it sets out the obligations and responsibilities of owners and charterers to comply with MARPOL Annex VI sulphur content requirements.” Eckhardt says.
The clause states that charterers are obliged to provide fuel that complies with MARPOL requirements, grades and specifications set out in the charter party, and it is a general compliance clause. It also states that charterers must use suppliers and bunker barge operators who comply with MARPOL and that shipowners will remain responsible for the fuel management.
The second clause discussed at the Committee meeting in Copenhagen deals with the transitional period from the end of 2019 to the beginning of 2020. The two clauses will be published as one package.
The clause focuses on cooperation between owners and charterers to minimise quantities of non-compliant fuel on board by 31 December 2019.
It states that any remaining non-compliant fuel on board after 1 January 2020 has to be removed no later than re-delivery or 1 March 2020 – whichever comes first. It also states that removal of non-compliant fuel must be done at the charterers’ cost, while tank cleaning must be done at the cost of the shipowners.
Source: BIMCO
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Sunday, 30 December 18
MAJOR LNG BUYERS' UNCONTRACTED DEMAND TO QUADRUPLE BY 2030 - WOOD MACKENZIE
Wood Mackenzie’s latest research reveals that uncontracted demand by the world’s seven largest LNG buyers could quadruple to 80 million ...
Saturday, 29 December 18
DELIVERY OF CARGO WITHOUT PRODUCTION OF THE ORIGINAL BILL OF LADING - TT CLUB
KNOWLEDGE TO ELEVATE
As the bill of lading is a document of title, a person presenting it to the carrier or its agent is ostensibly entitled t ...
Friday, 28 December 18
BIMCO 2020 SULPHUR CLAUSES: "A FAIR ALLOCATION OF RESPONSIBILITIES AND LIABILITIES'? - INCE & CO.
To assist owners and charterers to address the legal issues arising under any time charterparties, which will span the 1 January 2020 implementatio ...
Thursday, 27 December 18
DRY BULKERS SPOT FREIGHT MARKET W/E 21 DEC - ALLIED SHIPBROKING
Capesize
A negative week for the Capesize sector, as activity remained at low levels, especially in the Pacific, with rumors regarding agreed r ...
Thursday, 27 December 18
SHIPPING IS ENTERING A NEW ERA OF EVER CHALLENGING CONDITIONS - ALLIED
As we move closer to the end of the year and we look forward into New Year, we are still finding ourselves looking deep into a market outlook full ...
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Showing 1511 to 1515 news of total 6871 |
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Planning Commission, India
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Minerals Council of Australia
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Carbofer General Trading SA - India
- White Energy Company Limited
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
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