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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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Thursday, 18 October 18
SUPRAMAX: INDO/WC INDIA SUPRAS ARE FIXING AROUND MID $14000S P/D BASIS SPORE DELIVERY
Capesize
The volatile Cape market continues this week, especially in the Pacific says Fearnleys in its latest weekly report.
...
Thursday, 18 October 18
COAL SHORTAGE HITS POWER SECTOR AGAIN; HOW INDIA CAN GET ITS PRODUCTION RIGHT - ANIL SWARUP
By convincing states of the value proposition of increased production, the record production of Fy15 & Fy16 can be emulated.
The ...
Thursday, 18 October 18
CHINA POWER REFORM NEUTRAL ON GRIDS, PRESSURES IPP MARGINS - FITCH RATINGS
China's power sector reform has a broadly neutral impact on transmission grids although it will pressure the power producers' margins, says ...
Wednesday, 17 October 18
ESCROW SERVICE FOR BALTIC MEMBERS NOW LIVE
The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is ...
Wednesday, 17 October 18
SHIPPING MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last three months approximately 72 tankers changed hands involving ships larger than 33kdwt up to VLCC. 43 of those vessels had to do ...
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Showing 1586 to 1590 news of total 6871 |
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- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- White Energy Company Limited
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- The University of Queensland
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
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