We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 08 April 19
SULPHUR 2020 - COUNTDOWN TO THE SWITCHOVER - LLOYD'S REGISTER
 Sulphur 2020 (MARPOL Annex VI Reg. 14.1.3) is still dominating headlines and as we draw closer to the 1 January 2020 deadline it’s clear that this is a big challenge for numerous players within the industry, from supplier to the end-user. At this point owners and operators should have chosen their compliance option. We’re now seeing major fuel suppliers announcing their availability of 0.50% compliant fuel. Last month, BP announced that they have successfully tested Low Sulphur Fuel Oil at sea and will be selling 0.50% before 2020. This came shortly after the International Energy Agency projected that almost half of the global fleet will use marine gas oil in 2020 and eventually, 40% will burn Very Low Sulphur Fuel (LSFO). We’ve also seen that compliant fuel is available in ports such as Rotterdam. Importantly, this gives shipowners and operators the ability to plan ahead – as they learn which suppliers have what fuel available and where – helping them get their fleets and crews ready for this regulation.
The biggest challenge
For shipowners and operators, the biggest challenge is to prepare their ships when changing over from High Sulphur Fuel Oil (HSFO) to Low Sulphur Fuel Oil (LSFO). They will need to work out how much investment is needed to prepare the ship’s fuel systems and tanks; this might involve cleaning tanks which takes time, effort and money as the ship will need to be off-hire. Owners and operators also have the option to leave their tanks and hope that this change of fuel will not damage them or affect operations. Alternatively, they can consider the implications of the diversity of fuels that might come with this regulation. For example, will this require segmentation? If so, does the owner or operator have spare tanks to segment the fuel?
Test, prepare and plan
Our Fuel Oil Bunker Analysis and Advisory Service (FOBAS) team have been analysing 0.50% fuels to set a baseline understanding of compatibility and from a technical perspective, we would recommend implementing a fuel segregation plan. Whether that’s considering loading a light product compared to a heavy one, and or making greater efforts to segregate and avoid comingling fuels – industry experts warn against mixing one bunker with another as there’s a high risk of destabilising the fuels and in most situations, crews can’t easily assess the degree of risk of this happening until the fuel is already onboard, so segregation of bunkers is important.
The next step is managing the diversity of the viscosities of the fuels and managing any incompatibility thus observed between the different bunkers onboard: if crews must mix, then working out the ratio’s involved and any potential resultant properties is key. These are all important considerations and decisions to be made now as part of the ship implementation plan, as recommended by the IMO, allowing owners and operators the time to test, prepare and plan.
Some crews have had limited or no experience of using LSFO, and therefore crews need to be prepared for this, particularly when it comes to fuel management on board. All ships should have a fuel management protocol onboard , which is likely to be a procedure covered in the company’s ship management system. However, shipowners and operators need to go beyond this and ensure their crew have a proactive mindset to comply with the Sulphur 2020 limit. This should address an additional fuel change plan, for which the ship implementation plan will include key preparatory milestones, so considering whether there is a need to update their fuel management strategies to include bunker segregation and fuel compatibility.
A word of caution
There is some speculation that because we’re going to have a diverse range of fuel blends there will be quality issues, owners and crew will need to make sure there are barriers in place to protect against contamination if it occurs. This might not necessarily happen because all residual fuels are for the most part blended and blending has been a common practice in the shipping industry for many decades, but it’s right to be cautious. Reputable suppliers should meet the standards set out in ISO-8217, the marine fuel standard that gives the criteria of the core parameters which must be met by any fuel if it’s to be used onboard a ship. We recommend purchasing against the latest revision of the international marine fuel standard ISO-8217:2017. With this, the supplier knows the parameters and targets set out in ISO-8217 and understands that there’s clauses in the standard that expects the supplier to have quality assurance within the supply chain and consequently their responsibilities to heed to that.
When it comes to Sulphur 2020, planning is critical. Approximately 50% of the world fleet have little or no experience operating in an Emission Control Area (ECA) and having to switch to working with low sulphur fuel nor have they experienced this type of change before, so awareness for crews and preparing fuel systems and tanks is fundamental to get this change safely and effectively implemented. Yes, there are risks and safety concerns, however the industry can tackle these with a sense of confidence if sufficient planning, testing and stakeholder engagement is implemented.
Source: Lloyd’s Register
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 30 March 19
KOEN INVITES BIDS FOR 450,000 TONS OF (SUB) BITUMINOUS COAL FOR H1 AND JUNE 2019
South Korea state-owned utility KOREA SOUTH-EAST POWER CO., LTD. (KOEN) issued a tender for total 450,000 MT of min. 4300, 3500 and 5600 NCV ...
Wednesday, 27 March 19
SHIPPING MARKET INSIGHT - INTERMODAL
Contrary to the December 2018 forecasts but in line with the expectations of the dry bulk market, the first quarter of the year closed negatively. ...
Saturday, 23 March 19
IT WAS A POSITIVE WEEK FOR THE HANDY SIZE MARKET - BALTIC BRIEFING
Capesize
The big ships endured heavy losses last week extinguishing any hopes from the recent minor rally. Negative sentiment gained pace throu ...
Friday, 22 March 19
CHINA MARKET: COAL OUT IN THE COLD - BUSINESS RECORDER
Though China maintains there is no ban, China-bound Australian coal shipments are looking for a new home. For the past few months, coal cargoes are ...
Thursday, 21 March 19
PRICE PLUNGE AS CHINESE LEAVE THERMAL COAL OUT IN THE COLD - AUSTRALIAN FINANCIAL REVIEW
Thermal coal exporter New Hope Corporation says China’s shipment squeeze on Australia is putting downward pressure on prices in all markets i ...
|
|
|
Showing 1441 to 1445 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Planning Commission, India
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
|
| |
| |
|
