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Friday, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
 The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potential to liquefy at sea despite being listed in the International Maritime Solid Bulk Cargoes (IMSBC) Code as a low-risk ‘group C’ cargo.
According to North’s risk management executive Colin Gillespie, entered vessels have recently experienced a number of instances where bauxite cargoes from Brazil and Indonesia have exhibited the liquefaction characteristics of ‘group A’ cargoes. Typically the cargoes involved contained a large proportion of fines.
‘Fortunately none of the incidents have resulted in losses to vessels or crew members. However, as seen in high-profile incidents involving liquefaction of nickel and iron ore cargoes, the resulting loss of vessel stability can be fatal,’ he says.
While bauxite is listed in the IMSBC Code as a group C cargo, meaning it is not known to liquefy or possess a chemical hazard, this categorisation only applies to cargoes that fall within the very specific description included in the code.
According to the code, bauxite must have a moisture content of 0 - 10% to be classified as group C. It must also consist of 70 - 90% lumps with a size of 2.5 - 500 mm and 10 - 30% powder. Where any of these properties are not met, then the requirements of section 1.3 of the code for cargoes not listed should be followed.
‘Conditions which take the cargo outside the group C specification, such as excessive moisture due to heavy rainfall allied to a high fines content may mean the cargo displays the characteristics of a group A cargo,’ says Gillespie.
‘Vessels loading bauxite should be aware that the cargo is not always group C and loading should be monitored for conditions such as splattering in the holds and the failure of can tests. These may suggest that the cargo has the propensity to liquefy.’
Source: North of England P&I Club / Hellenic Shipping
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Tuesday, 19 March 13
SHIP PRICES COULD BE CLOSING IN TO REACH THEIR BOTTOM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
One of the latest developments in shipping asset prices has been the reluctance from shipyards to further reduce their price expectations to higher ...
Sunday, 17 March 13
A WEAK WEEK FOR SUB-BIT INDONESIA COAL SWAPS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 2.11 percent and CFR South China coal shipment ...
Sunday, 17 March 13
COAL FREIGHT RATES STEADY ON HIGHER DEMAND - CAPT. REDDY
COALspot.com - This freight market continued to remain firm in all segments.
The BDI was up by 5.81 pct closing at 892 points. Cape index was up ...
Friday, 15 March 13
CHEAP SHIP VALUATIONS DON'T NECESSARILY MEAN ATTRACTIVE SAYS VESSELS VALUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With ship prices plunging by double-digits in the past few years, many ship owners are pondering their next moves in a market often described as att ...
Thursday, 14 March 13
SUPRAMAX : INDO - INDIA TRIP RATE IS AROUND $10,000; SOUTH CHINA $9500 - FEARNRESEARCH
Handy
Indian market is still quiet in respect of export of iron ore. WC India market has improved with a few stems out of the MEG, WC India opening ...
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- Bukit Asam (Persero) Tbk - Indonesia
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- Romanian Commodities Exchange
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
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- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
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- Altura Mining Limited, Indonesia
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- The University of Queensland
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- Singapore Mercantile Exchange
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- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
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- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
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- PowerSource Philippines DevCo
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- Indo Tambangraya Megah - Indonesia
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- India Bulls Power Limited - India
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- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
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- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
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- Australian Coal Association
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- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
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- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
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- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
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- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
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- Indogreen Group - Indonesia
- Eastern Coal Council - USA
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- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Planning Commission, India
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- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
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- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
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- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
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- Marubeni Corporation - India
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- Bhushan Steel Limited - India
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- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
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