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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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Wednesday, 24 October 18
CHINESE POWER PLANT STOCKPILES AT HIGHEST LEVEL SINCE 2015 - JEFFREY LANDSBERG
Chinese power plant coal stockpiles have climbed to approximately 83.3 million tons as of the middle of this month, said Jeffrey Landsberg in his e ...
Tuesday, 23 October 18
WILL THE U.S. COAL DECLINE CONTINUE? - FORBES
What’s Trump’s new coal proposal?
Adding to its controversial plan to leverage federal authority to keep retiring baselo ...
Monday, 22 October 18
CONTINUED HIGH LNG PRICES; TRADE WAR IMPACT LIMITED - FITCH RATINGS
Fitch Ratings expects sustained high spot liquefied natural gas (LNG) and contract prices over the next two quarters on limited investment in LNG e ...
Monday, 22 October 18
WINTER OIL MARKET OUTLOOK - OPEC
The oil market in the winter season is generally characterized by demand for diesel, particularly in the northern hemisphere, leaving product marke ...
Saturday, 20 October 18
PANAMAX: THE PACIFIC SAW A LARGE VOLUME OF FIXING, WITH INDONESIA AGAIN THE DRIVING FORCE - THE BALTIC BRIEFING
Capesize
A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates slippi ...
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- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Economic Council, Georgia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Parliament of New Zealand
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
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