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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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Tuesday, 18 February 20
ADARO REMAINS POSITIVE ON THE LONG-TERM FUNDAMENTALS OF COAL MARKET SUPPORTED BY THE SOUTHEAST ASIA AND SOUTH ASIA REGION
The global seaborne thermal coal market in 2019 was faced with macro and industry challenges which pushed international coa ...
Tuesday, 18 February 20
CORONAVIRUS AND ITS IMPACT ON YOUR CONTRACT - CAN YOU RELY ON 'FORCE MAJEURE'? - INCE
KNOWLEDGE TO ELEVATE
On 30 January 2020, the World Health Organization (WHO) declared that the outbreak of the Novel Coronavirus (officially t ...
Monday, 17 February 20
COVID-19: THE EFFECT OF THIS PUBLIC HEALTH EMERGENCY ON CHARTERPARTY TERMS - GARD
KNOWLEDGE TO ELEVATE
Is it useful to compare the COVID-19 with earlier disease outbreaks?
A comparison with the Ebola outbreak ...
Saturday, 15 February 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - REUTERS
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Saturday, 15 February 20
CHEN ZHIDA: NOVEL CORONAVIRUS - IMPLICATIONS FOR CHARTERPARTIES - SHIPOWNERS' CLUB
KNOWLEDGE TO ELEVATE
Last month, the Club issued a bulletin on the 2019 Novel Coronavirus (COVID-19) which explained the origin of the virus a ...
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- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Central Java Power - Indonesia
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
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