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Tuesday, 14 July 20
TURKEY - A CASE OF UNDECLARED BUNKER - GARD
KNOWLEDGE TO ELEVATE
Undeclared/excess bunkers can be considered a criminal act by Turkish customs officials with the ship's crew being accused of smuggling.
A Member’s ship was recently held in a Turkish port when customs officials identified a discrepancy between the declared and the actual figures of fuel oil remaining onboard. Upon arrival at the Turkish port, customs officials boarded the ship to search for illegal and prohibited goods and, since the bunkers onboard is also within the scope of such searches, took soundings of the fuel oil tanks to check the accuracy of the declared fuel oil figures. As the sounding figures indicated a possible excess (undeclared) fuel oil in the ship’s tanks, an independent bunker survey was arranged. Subsequent calculations revealed that the ship did carry an excess of approximately 85 tonnes against the declared quantity of fuel oil.
At the time of writing, the Turkish authorities have issued a “confiscation order” and demanded the ship discharge the excess fuel oil. In addition, the Master has been brought onshore to provide a statement. Turkish authorities, under its Anti-Smuggling Law No. 5607, can consider a discrepancy between the declared figures and the figures established by a bunker survey as an act of smuggling of petroleum products. This can lead to criminal proceedings being brought against the Master and other members of the crew.
Recommendations
While the case described above has not yet been settled, its course of events is reportedly not uncommon. According to our local correspondents in Turkey, the trend of unannounced customs inspections, including scrutiny of the fuel oil remaining onboard, has increased in the recent months. Masters of ships calling Turkish ports are therefore advised to be particularly vigilant and attentive when filling in the customs declaration. Specifically, the fuel oil remaining onboard must be carefully calculated and measured before being declared to Turkish customs. It is also important that all relevant crew members are made aware that undeclared bunkers is an issue in Turkish ports and that a discrepancy between the declared figures and the figures established by a bunker survey can bring about serious consequences for the crew.
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Friday, 13 March 20
TOP 4 ACCOUNTING CONSIDERATIONS AFTER THE IMPLEMENTATION OF IMO 2020 - PWC
To install or not to install?
Following the IMO 2020 global low sulphur cap for marine fuel effective since 1 January 2020, many shi ...
Friday, 13 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June ...
Thursday, 12 March 20
INDIA 2019 THERMAL COAL IMPORTS RISE 12.6% TO NEARLY 200 MILLION TONNES - REUTERS
India’s thermal coal imports rose 12.6% to nearly 200 million tonnes in 2019, government data reviewed by Reuters showed, reflecting the seco ...
Wednesday, 11 March 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.07 PCT - XINHUA
China Taiyuan coal transaction price index stood at 133.16 points Monday, up 0.07 percent week on week.
The index, released by China ...
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- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
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