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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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Monday, 21 October 19
COAL TO PLAY SIGNIFICANT ROLE IN SOUTH AFRICA POWER MIX - MINISTER, REUTERS REPORTED
South Africa’s plans for additional power generation over the next decade will involve a variety of energy sources, with coal still playing a ...
Monday, 21 October 19
ULTRAMAX: IN ASIA, TRIPS FROM THE SINGAPORE AREA WERE PAYING BETWEEN $14,000 AND $16,000, DEPENDING ON THE VESSEL SIZE AND DURATION - BALTIC BRIEFING
Capesize
The market traded in a relatively stable supported manner in the Pacific this week while the Atlantic experienced weakening turbulence ...
Friday, 18 October 19
WHY CRUDE TANKER RATES JUST FELL (HALFWAY) BACK TO EARTH - FREIGHT WAVES
Panic drove crude-tanker rates up, very briefly, to mind-bogglingly high assessed levels of around $300,000 per day. Now, the fear factor has been ...
Friday, 18 October 19
SHORT TERM STRENGTH FOR OZ COMMODITIES - BALTIC BRIEFING
Volatility in the global commodity markets is not expected to unduly rattle Australia’s commodity outlook through 2020, but the 2021 picture ...
Friday, 18 October 19
SINGAPORE'S APEX TO LAUNCH LOW-SULFUR FUEL OIL CONTRACT AHEAD OF NEW SHIPPING RULES - REUTERS
Singapore-based Asia Pacific Exchange (APEX) will launch a low-sulfur fuel oil (LSFO) futures contract on Friday aimed at helping shipping and ener ...
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- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Minerals Council of Australia
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
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