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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, 01 July 19
COAL DEMAND RISES, BUT REMAINS BELOW PEAK LEVELS - FORBES
This article is the third in a series on BP’s recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive ...
Saturday, 29 June 19
ULTRAMAX: FROM SOUTHEAST ASIA MORE COAL WAS ENTERING THE MARKET - BALTIC BRIEFING
Capesize
The market showed variability over the past week, as most routes were active yet sentiment differed from region to region. The Pacific ...
Wednesday, 26 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
As the first half of the year is almost over, it is worth looking back at the sale and purchase activity during these months, focusing on the segme ...
Tuesday, 25 June 19
THERMAL COAL FUTURES ON THE ZHENGSHOU EXCHANGE ROSE - DANIEL HYNES
Coal markets were buoyed by ongoing supply side issues.
According to Daniel Hynes, Senior Commodity Strategist of ANZ, the the ...
Monday, 24 June 19
KOMIPO INVITED BITUMINOUS COAL BIDS FOR BORYEONG & SHIN BORYEONG POWER PLANTS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 260,000 MT MT of min. 5700 NAR coal and 240,000 MT of min. 4,600 k ...
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- Kaltim Prima Coal - Indonesia
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- Minerals Council of Australia
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- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
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- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- The University of Queensland
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- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
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- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
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- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
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- Electricity Authority, New Zealand
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- Ministry of Mines - Canada
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- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
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- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
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- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
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- Bulk Trading Sa - Switzerland
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- Vedanta Resources Plc - India
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- Oldendorff Carriers - Singapore
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- GMR Energy Limited - India
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- Simpson Spence & Young - Indonesia
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- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
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- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
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- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
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- White Energy Company Limited
- Planning Commission, India
- Indika Energy - Indonesia
- Marubeni Corporation - India
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- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Mercator Lines Limited - India
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