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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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Friday, 29 May 20
KOMIPO ON BEHALF FIVE KOREAN GENCOS INVITED COAL BIDS FOR 5,700 & 4999 NCV COAL FOR AUGUST 2020 LOADING
COALspot.com: South Korea’s Korea Midland Power Co.,Ltd (KOMIPO) on behalf five (5) Korean Gencos has Issued an International Tender for tota ...
Friday, 29 May 20
DRY BULK SHIPPING: NO QUICK RECOVERY FOR THE DRY BULK MARKET AS COVID-19 DIGS DEEPER
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to wo ...
Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE
While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...
Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...
Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...
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- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- White Energy Company Limited
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Minerals Council of Australia
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
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