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Monday, 24 February 20
COULD SOME VLSFO FUELS BE BANNED? - GIBSON
 The run up to the implementation of the new IMO rules on marine fuels from1st January 2020 had owners and charterers analysing the various fuelling options said Gibson Ship Brokers in its latest weekly report.
The report further noted that, from late-November there were some delays in receiving the correct bunkers, but overall, considering the scale of what was to be done within the shipping world, the switch seems to have gone smoothly. As with all things that are new, there needs to be some time to bed in and to acclimatize to new rules and regulations. But overall, bunker suppliers have been able to supply on-spec fuels. However, the switch over seems to have brought with it a new and somewhat ominous complication, that of the potential for some blended low sulphur fuels to produce more black carbon than the fuels they replaced. Black carbon emissions are a short-lived pollutant that absorbs sunlight and traps heat in the atmosphere. While it stays in the atmosphere for only a few days or weeks, its impact is that it traps 3200-times more heat in the atmosphere than carbon dioxide, measured over a 20-year period. When black carbon settles in the Arctic, it reduces the reflectiveness of the snow and ice and generates heat, which accelerates melting. This makes the Arctic – which according to reports is already warming twice as fast as the rest of the world-particularly sensitive to these emissions.
Gibson Ship Broker’s research team further said, black carbon is material produced and emitted as a solid particulate matter from the incomplete combustion of carbon-based fuels. HFO typically contains approximately 60% aromatics, which contain a higher proportion of carbon than other hydrocarbon types and they have a tendency to smoke when burnt. The recent media interest in the performance of the new VLSFO fuels has pointed out that these fuels are responsible for increased levels of black carbon pollution due to their higher aromatic content. However, whilst it is possible that certain VLSFOs may have elevated aromatic content, it is expected that for VLSFO fuels produced by blending, these will have lower aromatic content than a typical HFO due to the major blended component (distillate) having typically half the aromatic content. Therefore, it is difficult to reason that all VLSFOs, especially those produced from various blends, produce more black carbon due to their aromatic content. However, there is also the added complication that emissions of black carbon are also related to the engine type and its operating load. Slow speed two-stroke engines, used in larger ocean going vessels are considered to have lower black carbon emission factors than higher speed four stroke engines. For larger engines, increasing engine load reduces black carbon emissions, whereas for smaller engines the reverse is true. Vessels that have scrubbers installed provide an approximate 30% reduction in black carbon emissions.
According to Gibson, a study conducted by Finland and Germany and submitted to the IMO found the new VLSFO used by ships contained high levels of aromatic compounds, causing a surge in black carbon emissions. The group have submitted a new proposal to the sub-committee on pollution and prevention response that will meet in late-February in London. They are demanding a prohibition of VLSFO blends that lead to increases in black carbon emissions. They want the IMO to encourage relevant stakeholders to observe a voluntary prohibition on the use of any marine fuel whose aromatic content is likely to lead to black carbon emissions greater than those commonly associated with distillate fuels until a ban comes into effect. The move to lower emission fuels is considered a positive direction within the shipping sector. However, there still seems to be much to be learned with how these fuels are produced and their potential impact on the environment.
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Thursday, 30 January 20
CAPE: WITH CHINESE NEW YEAR TAKING PLACE, THE RATES ARE REACHING FURTHER DISAPPOINTING LEVELS - FEARNLEYS
Cape
With Chinese New Year taking place, the rates are reaching further disappointing levels. Present TC average is below USD 4,500, off 24% fr ...
Wednesday, 29 January 20
INDONESIA REMAINS AT THE TOP SPOT IN 2019 AS THE LARGEST SUPPLIER OF COAL TO INDIA WITH 91.3 MLN TONNES - BANCHERO COSTA
Despite repeated promises from India’s government to reduce the country’s coal imports and increase domestic self-reliance, volumes jus ...
Wednesday, 29 January 20
MARKET INSIGHT - INTERMODAL
Last week Libya’s oil production operations were disrupted as it was reported that local Libyan tribes interrupted output at the the El Feel ...
Tuesday, 28 January 20
INDONESIA - UNCERTAINTY OVER AVAILABILITY OF LSFO - THE STANDARD CLUB
The club has received reports that low sulphur fuel is not currently readily available in all Indonesian ports and that there are local shortages.
...
Sunday, 26 January 20
SUPRAMAX: THE ASIAN BASIN SAW A 56,000DWT SHIP FIXING DELIVERY SAMARINDA TRIP TO WEST COAST INDIA AT $4,750 - BALTIC BRIEFING
Capesize
The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chin ...
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Showing 1166 to 1170 news of total 6871 |
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- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Planning Commission, India
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Xindia Steels Limited - India
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
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