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Tuesday, 07 January 20
CLEANER AIR IN 2020: 0.5% SULPHUR CAP FOR SHIPS ENTERS INTO FORCE WORLDWIDE - EUROPEAN COMMISSION
 From 1 January 2020, the maximum sulphur content of marine fuels is reduced to 0.5% (down from 3.5%) globally – reducing air pollution and protecting health and the environment. Sulphur Oxide (SOx) emissions from ships’ combustion engines cause acid rain and generate fine dust that can lead to respiratory and cardiovascular diseases, as well as reduced life expectancy.
Commissioner for Transport Adina Vălean said: “Maritime transport is a global business, and reducing its emissions requires global solutions. The entry into force of the global sulphur cap is an important milestone for the entire maritime sector; it will contribute to further reduce emissions of harmful air pollutants, directly benefiting cities and communities around the globe, including important ones on our Southern European shores. It also shows that concerted effort from the EU and the IMO, together with strong commitment from the industry can deliver important benefits to the environment and the health of our citizens.”
Commissioner for the Environment, Oceans and Fisheries Virginijus Sinkevičius added: “The European Green Deal is set to deliver on a zero-pollution ambition for both climate neutrality and a toxic-free environment. This EU ambition protects our citizens’ well-being, but also ensures healthy and clean environments, seas and oceans within a carbon-free and sustainable blue economy where all sides jointly engage, including maritime transport. We welcome low sulphur standards globally and in Emission Control Areas so that more EU coastal citizens can breathe clean air.”
EU’s low sulphur approach as international example
Since 2012, the EU has taken firm action to reduce the sulphur content of marine fuels through the Sulphur Directive. In 2016, the International Maritime Organization (IMO) maintained 2020 as entry-into-force date of the global 0.5% sulphur cap.
Moreover, in some very fragile ecosystems such as the Baltic Sea and the North Sea – designated as ‘Sulphur Oxides Emissions Control Areas’ (SECAs) – the maximum sulphur content has been reduced to 0.10%, already in 2015. Such stricter sulphur limits have more than halved sulphur dioxide concentrations around SECAs, bringing health benefits to people in coastal regions and ports, while the overall economic impacts on the sector remained minimal.
Next steps on sustainability in shipping
Based on the successful implementation of the Emission Control Area (ECA) limits, the introduction of the global sulphur limit is expected to bring similar results. The EU is also actively working in the context of the Barcelona Convention, on the possible future designation by the IMO of ECAs in other EU waters such as in the Mediterranean Sea.
The EU has strived for an active role in tackling maritime emissions more generally, both at home and globally. In 2018, the IMO agreed to reduce greenhouse gas emissions from shipping by at least 50% by 2050. The EU and its Member States played an instrumental role in brokering and securing the deal for the sector, which currently represents 2-3% of global CO2 emissions. Discussions are already ongoing at the IMO to translate this deal into concrete measures.
To tackle plastic pollution within our oceans, the EU adopted new rules on port reception facilities, making sure that waste generated on-board ships or fished at sea is collected and treated in ports.
The EU is also working with the IMO to address concerns regarding discharge waters from after-treatment systems used by ships. The objective is to ensure full sustainability of those systems, possibly by setting stricter and uniform legislative requirements.
In addition, the European Green Deal, presented by the President of the Commission Ursula von der Leyen in December 2019, sets out further action to make shipping more sustainable such as the extension of the European emissions trading to the maritime sector.
Background
Maritime transport has a direct impact on air quality in many European coastal cities. Exhaust gases from ships are a significant source of air pollution, including through sulphur oxide emissions resulting from the burning of fuel oil. Sulphur oxides are harmful to the human respiratory system and make breathing difficult.
Ships traditionally use fuel oils for propulsion, which can have a sulphur content of up to 3.50 %. For comparison, the sulphur content of fuels used in trucks or passenger cars must not exceed 0.001 %. The 2012 Sulphur Directive which was revised in 2016, reduced SOx emissions by setting maximum sulphur content levels for marine fuels and incorporated new standards set by the International Maritime Organisation into EU law both inside regionally protected areas and outside of those.
Source: European Commission
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Saturday, 28 December 19
SUPRAMAX: A 63,000DWT VESSEL, OPEN CIGADING, FIXED A TRIP VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $8,500 - BALTIC BRIEFING
Capesize
The Capesize market this past week has been attempting to recalibrate itself in consideration of weakening freight levels and increasing ...
Saturday, 28 December 19
CHINESE INDUSTRIAL CITY TO FURTHER CUT COAL CONSUMPTION - XINHUA
Harbin, capital city of Heilongjiang Province in China’s northeastern industrial heartland, is planning to further reduce its coal consumptio ...
Friday, 27 December 19
MISERY LOOMS OVER TOP COAL SHIPPERS AS CHINA TO BUY LESS IN 2020 BLOOMBERG
China isn’t cutting back on consumption of the most-polluting fossil fuel just yet, but it is set to reduce imports.
The world ...
Thursday, 26 December 19
REVIEW OF 2019 AND OUTLOOK FOR 2020 - OPEC
Global economic growth slowed in 2019, impacted by a variety of challenges. Trade issues not only led to reduction in global final consumption but ...
Wednesday, 25 December 19
COVER FOR WAR AND TERRORISM RISKS, AND COVER IN RESPECT OF BIOLOGICAL AND BIO-CHEMICAL WEAPONS - 2020 POLICY YEAR: AMERICAN CLUB
KNOWLEDGE TO ELEVATE
This Circular describes the arrangements which have been made to provide special cover for war and terrorism risks, and c ...
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Showing 1221 to 1225 news of total 6871 |
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- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
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