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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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Wednesday, 24 October 18
CHINESE POWER PLANT STOCKPILES AT HIGHEST LEVEL SINCE 2015 - JEFFREY LANDSBERG
Chinese power plant coal stockpiles have climbed to approximately 83.3 million tons as of the middle of this month, said Jeffrey Landsberg in his e ...
Tuesday, 23 October 18
WILL THE U.S. COAL DECLINE CONTINUE? - FORBES
What’s Trump’s new coal proposal?
Adding to its controversial plan to leverage federal authority to keep retiring baselo ...
Monday, 22 October 18
CONTINUED HIGH LNG PRICES; TRADE WAR IMPACT LIMITED - FITCH RATINGS
Fitch Ratings expects sustained high spot liquefied natural gas (LNG) and contract prices over the next two quarters on limited investment in LNG e ...
Monday, 22 October 18
WINTER OIL MARKET OUTLOOK - OPEC
The oil market in the winter season is generally characterized by demand for diesel, particularly in the northern hemisphere, leaving product marke ...
Saturday, 20 October 18
PANAMAX: THE PACIFIC SAW A LARGE VOLUME OF FIXING, WITH INDONESIA AGAIN THE DRIVING FORCE - THE BALTIC BRIEFING
Capesize
A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates slippi ...
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- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- PTC India Limited - India
- White Energy Company Limited
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
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