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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, 19 February 20
MINERS WELCOME INDONESIA'S NEW JOBS BILL THAT COULD SPUR COAL GROWTH - REUTERS
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that th ...
Wednesday, 19 February 20
AS OCEAN TEMPERATURES RISE, SHIPOWNERS LOOK FOR WAYS TO COPE - WARTSILA
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majo ...
Wednesday, 19 February 20
MARKET INSIGHT - INTERMODAL
The coronavirus outbreak is estimated to negatively affect global economy by at least EUR400bn this year, representing around the 0.4% of global GD ...
Tuesday, 18 February 20
WEEKLY MARKET ANALYSIS - ALLIED
Under such poorly performing market circumstances, many usually take the historical approach, in order to better understand and further analyze the ...
Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro Me ...
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- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- PTC India Limited - India
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
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