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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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Wednesday, 06 October 21
EUROPEAN COAL FUTURES CLIMB TO 13-YEAR PEAK - REUTERS
European coal futures rose to a 13-year high and physical thermal coal prices were at record highs as rallying gas prices and strong Asian demand f ...
Tuesday, 05 October 21
CAPESIZE MARKET WAS IN A STEEP CLIMB FOR MOST OF THIS WEEK - BALTIC EXCHANGE
Capesize
The Capesize market was in a steep climb for most of this week as it reached a pinnacle of $74,786 Wednesday before stalling, regather ...
Wednesday, 29 September 21
THE WRITING IS ON THE WALL: AUSTRALIA’S COAL ERA IS OVER - YAHOO!FINANCE
As the fringe of Australian politics strives to pump up the coal industry, facts show that coal production has started its long run decline.
&n ...
Wednesday, 29 September 21
SURGING COAL PRICES SPLIT ASIAN BUYERS INTO RICH AND POOR - REUTERS
As seaborne coal in Asia trades at, or near, record highs, there are early signs of demand destruction, especially among price-sensitive buyers suc ...
Wednesday, 29 September 21
MARKET INSIGHT - INTERMODAL
Tanker Asset values have surprised to the upside, despite the downward pressure on the freight market. Tanker rates have been hovering close to the ...
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- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- MS Steel International - UAE
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
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