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Monday, 17 February 20
IMO-2020 SULPHUR CAP - ISSUES TO CONSIDER PRIOR TO THE IMPLEMENTATION OF THE CARRIAGE BAN ON 1 MARCH 2020 - STANDARD CLUB
 With the IMO 2020 global sulphur cap now in force, members should bear in mind another significant date in relation to the ‘carriage ban’ – coming into force on 1 March 2020. The ban mandates that fuel oil used and carried on board ships must not exceed the 0.50% sulphur limit, unless the ship is provided with ‘equivalent’ compliance mechanism like exhaust gas cleaning system (EGCS), or ‘scrubbers’.
The carriage ban may prompt increased enforcement action in the coming months, as the breach will be clearly evident to authorities, and it will be relatively straightforward for port state control officers (PSCOs) to pursue action against ships (without scrubbers) that are found to have fuel oil above the 0.50% limit in any of its tanks.
There could also be potential disputes and/or claims arising due to complaints about bunker quality, or when the MARPOL bunker sample tests generate results which exceed the prescribed 0.50% limit.
In order to comply with the carriage ban, members with ships without scrubbers will, therefore, need to ensure that any supplied fuel is in compliance with the sulphur limits set out in MARPOL Annex VI, and that any residual high sulphur fuel in the tanks does not push the limit above 0.50%.
Members are recommended to refer to the following news alerts published on the club’s website in order to prepare themselves for the carriage ban in advance of 1 March 2020 –
• De-bunkering of HSFO
• Blending of fuel on ship for achieving compliance with IMO 2020 regulation
• IMO 2020 – Bunker tank cleaning and preparation to receive compliant fuel
Alternatively, members may consider complying with the carriage ban by installing scrubbers before 1 March 2020. However, given the impact of the coronavirus outbreak in China, there have been reports of delays, and it is highly unlikely that installations will be completed in time.
Source: The Standard Club
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Wednesday, 24 June 20
MARKET INSIGHT - INTERMODAL
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Tuesday, 23 June 20
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Monday, 22 June 20
KAMSARMAX TYPES REGULARLY HIT THE $9,000 PER DAY LEVEL FOR INDONESIAN COAL RUN TO CHINA, BALTIC BRIEFING SAYS
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Saturday, 20 June 20
WORLD OIL DEMAND IS PROJECTED TO DECREASE BY 9.1 MB/D IN 2020 - OPEC
Crude Oil Price Movements
Spot crude oil prices rebounded in May from low levels registered a month earlier, as physical market fundamentals im ...
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- Rashtriya Ispat Nigam Limited - India
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- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
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- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
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- London Commodity Brokers - England
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- PTC India Limited - India
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- Indian Energy Exchange, India
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- Economic Council, Georgia
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- Xindia Steels Limited - India
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
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- Petron Corporation, Philippines
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
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- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
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- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
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- Uttam Galva Steels Limited - India
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- Ministry of Finance - Indonesia
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- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
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- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
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- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
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- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- The University of Queensland
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
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- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
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- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
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- New Zealand Coal & Carbon
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