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Wednesday, 14 November 18
BIMCO ADOPTS 2020 BUNKER CLAUSES
 BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.
The Global Marine Fuel Sulphur Clause for Time Charter Parties was approved by the Documentary Committee at its meeting in Copenhagen on 13 November.
“It is very important that the new sulphur clauses are ready well in advance to allow the parties to prepare ahead of 1 January 2020,” says Peter Eckhardt, chairperson of the drafting committee and Head of Chartering and Operations at Reederei F. Laeisz.
“The Global Marine Fuel Sulphur Clause for Time Charter Parties will help them do exactly that, as it sets out the obligations and responsibilities of owners and charterers to comply with MARPOL Annex VI sulphur content requirements.” Eckhardt says.
The clause states that charterers are obliged to provide fuel that complies with MARPOL requirements, grades and specifications set out in the charter party, and it is a general compliance clause. It also states that charterers must use suppliers and bunker barge operators who comply with MARPOL and that shipowners will remain responsible for the fuel management.
The second clause discussed at the Committee meeting in Copenhagen deals with the transitional period from the end of 2019 to the beginning of 2020. The two clauses will be published as one package.
The clause focuses on cooperation between owners and charterers to minimise quantities of non-compliant fuel on board by 31 December 2019.
It states that any remaining non-compliant fuel on board after 1 January 2020 has to be removed no later than re-delivery or 1 March 2020 – whichever comes first. It also states that removal of non-compliant fuel must be done at the charterers’ cost, while tank cleaning must be done at the cost of the shipowners.
Source: BIMCO
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Friday, 02 November 18
CHINA: COAL CONSUMPTION POSTS STRONG GROWTH ON BACK OF POWER GENERATION DEMAND - CHINA DAILY
China’s energy consumption experienced continuous rebound during the first three quarters in 2018, National Energy Administration announced o ...
Thursday, 01 November 18
IMO 2020 - EXPLORING THE OPTION OF SOX SCRUBBERS - SIDDHARTH MAHAJAN, GARD
KNOWLEDGE TO ELEVATE
There are four possible methods of compliance:
1.use VLSFO (very low Sulphur oil) or blends;
2,use dis ...
Wednesday, 31 October 18
INDIA: COAL IMPORTS SURGE ON DOMESTIC SHORT SUPPLY - HINDU
Shortage of thermal coal supply in India has pushed imports up to 85 million tonnes (mt) in the first half of the current fiscal compared to 75 mt ...
Wednesday, 31 October 18
SHIPPING MARKET INSIGHT - APOSTOLOS ROMPOPOULOS
Since the IMO’s 2020 global cap on sulphur in marine fuels is coming into force, ship-owners have to decide whether they will operate using e ...
Monday, 29 October 18
IMPLEMENTATION OF SULPHUR 2020 LIMIT - CARRIAGE BAN ADOPTED - IMO
An amendment to support consistent implementation of the forthcoming 0.50% limit on sulphur in ships fuel oil was adopted by the International Mari ...
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- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
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