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Monday, 17 February 20
IMO-2020 SULPHUR CAP - ISSUES TO CONSIDER PRIOR TO THE IMPLEMENTATION OF THE CARRIAGE BAN ON 1 MARCH 2020 - STANDARD CLUB
 With the IMO 2020 global sulphur cap now in force, members should bear in mind another significant date in relation to the ‘carriage ban’ – coming into force on 1 March 2020. The ban mandates that fuel oil used and carried on board ships must not exceed the 0.50% sulphur limit, unless the ship is provided with ‘equivalent’ compliance mechanism like exhaust gas cleaning system (EGCS), or ‘scrubbers’.
The carriage ban may prompt increased enforcement action in the coming months, as the breach will be clearly evident to authorities, and it will be relatively straightforward for port state control officers (PSCOs) to pursue action against ships (without scrubbers) that are found to have fuel oil above the 0.50% limit in any of its tanks.
There could also be potential disputes and/or claims arising due to complaints about bunker quality, or when the MARPOL bunker sample tests generate results which exceed the prescribed 0.50% limit.
In order to comply with the carriage ban, members with ships without scrubbers will, therefore, need to ensure that any supplied fuel is in compliance with the sulphur limits set out in MARPOL Annex VI, and that any residual high sulphur fuel in the tanks does not push the limit above 0.50%.
Members are recommended to refer to the following news alerts published on the club’s website in order to prepare themselves for the carriage ban in advance of 1 March 2020 –
• De-bunkering of HSFO
• Blending of fuel on ship for achieving compliance with IMO 2020 regulation
• IMO 2020 – Bunker tank cleaning and preparation to receive compliant fuel
Alternatively, members may consider complying with the carriage ban by installing scrubbers before 1 March 2020. However, given the impact of the coronavirus outbreak in China, there have been reports of delays, and it is highly unlikely that installations will be completed in time.
Source: The Standard Club
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Wednesday, 25 March 20
CORONAVIRUS CRISIS IS CRUSHING GLOBAL GDP GROWTH - FITCH RATINGS
The coronavirus crisis is crushing global GDP growth according to Fitch Ratings in its latest quarterly “Global Economic Outlook” (GEO) ...
Wednesday, 25 March 20
MARKET INSIGHT - INTERMODAL
There is no doubt that the Covid-19 pandemic crisis is a world-shattering event that will change the world as we know it. Societies are facing chal ...
Wednesday, 25 March 20
INDONESIA TO CANCEL RULES REQUIRING DOMESTIC SHIPS FOR COAL, PALM EXPORTS : REFINITIV
Indonesia's government will revoke rules requiring exporters of coal and palm oil to use domestic shipping companies for shipments, Coordinatin ...
Wednesday, 25 March 20
JAN-FEB 2020, INDONESIA SHIPPED 64.5 MLN TONNES OF COAL, UP +3.4% YOY - BANCHERO COSTA
In the 12 months of calendar 2019, Indonesia exported 386.4 mln tonnes of coal, according to vessel tracking data from Refinitiv. This represents a ...
Tuesday, 24 March 20
MARKET ANALYSIS - ALLIED
As countries around the world struggle to take back control of the ongoing COVID-19 pandemic the global economy shuts down bit by bit, leaving only ...
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- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
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