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Monday, 24 February 20
COULD SOME VLSFO FUELS BE BANNED? - GIBSON
 The run up to the implementation of the new IMO rules on marine fuels from1st January 2020 had owners and charterers analysing the various fuelling options said Gibson Ship Brokers in its latest weekly report.
The report further noted that, from late-November there were some delays in receiving the correct bunkers, but overall, considering the scale of what was to be done within the shipping world, the switch seems to have gone smoothly. As with all things that are new, there needs to be some time to bed in and to acclimatize to new rules and regulations. But overall, bunker suppliers have been able to supply on-spec fuels. However, the switch over seems to have brought with it a new and somewhat ominous complication, that of the potential for some blended low sulphur fuels to produce more black carbon than the fuels they replaced. Black carbon emissions are a short-lived pollutant that absorbs sunlight and traps heat in the atmosphere. While it stays in the atmosphere for only a few days or weeks, its impact is that it traps 3200-times more heat in the atmosphere than carbon dioxide, measured over a 20-year period. When black carbon settles in the Arctic, it reduces the reflectiveness of the snow and ice and generates heat, which accelerates melting. This makes the Arctic – which according to reports is already warming twice as fast as the rest of the world-particularly sensitive to these emissions.
Gibson Ship Broker’s research team further said, black carbon is material produced and emitted as a solid particulate matter from the incomplete combustion of carbon-based fuels. HFO typically contains approximately 60% aromatics, which contain a higher proportion of carbon than other hydrocarbon types and they have a tendency to smoke when burnt. The recent media interest in the performance of the new VLSFO fuels has pointed out that these fuels are responsible for increased levels of black carbon pollution due to their higher aromatic content. However, whilst it is possible that certain VLSFOs may have elevated aromatic content, it is expected that for VLSFO fuels produced by blending, these will have lower aromatic content than a typical HFO due to the major blended component (distillate) having typically half the aromatic content. Therefore, it is difficult to reason that all VLSFOs, especially those produced from various blends, produce more black carbon due to their aromatic content. However, there is also the added complication that emissions of black carbon are also related to the engine type and its operating load. Slow speed two-stroke engines, used in larger ocean going vessels are considered to have lower black carbon emission factors than higher speed four stroke engines. For larger engines, increasing engine load reduces black carbon emissions, whereas for smaller engines the reverse is true. Vessels that have scrubbers installed provide an approximate 30% reduction in black carbon emissions.
According to Gibson, a study conducted by Finland and Germany and submitted to the IMO found the new VLSFO used by ships contained high levels of aromatic compounds, causing a surge in black carbon emissions. The group have submitted a new proposal to the sub-committee on pollution and prevention response that will meet in late-February in London. They are demanding a prohibition of VLSFO blends that lead to increases in black carbon emissions. They want the IMO to encourage relevant stakeholders to observe a voluntary prohibition on the use of any marine fuel whose aromatic content is likely to lead to black carbon emissions greater than those commonly associated with distillate fuels until a ban comes into effect. The move to lower emission fuels is considered a positive direction within the shipping sector. However, there still seems to be much to be learned with how these fuels are produced and their potential impact on the environment.
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Wednesday, 26 February 20
SHIPPING MARKET INSIGHT - INTERMODAL
Coming from one of its busiest periods historically, with a list of scrubber and BWMS retrofits on a waiting list, the ship repair sector is witnes ...
Wednesday, 26 February 20
AS ALL OF THE GLOBAL COAL GIANTS EXIT SOUTH AFRICA, ESKOM TO DEPEND ON TWO MINERS FOR 70% OF ITS SUPPLY - BUSINESS INSIDER
While some of its politicians continue to imagine that coal has a future in South Africa, two key developments from the real world show that securi ...
Tuesday, 25 February 20
DELTA DUNIA MAKMUR REGISTERED A NET PROFIT OF US$20 MILLION FOR FY 2019
PT Delta Dunia Makmur, one of the largest coal mining company in Indonesia, has recorded an US$882 million revenue for FY 2019, 1% lower compared t ...
Tuesday, 25 February 20
SHIPPING UPDATE - ALLIED
The positive feeling and optimism for a fresh rally during the first few months of 2020 that prevailed in the tanker markets during the final quart ...
Monday, 24 February 20
CHINA SAYS MAJOR COAL FIRMS RESTORE 95% OF PRODUCTION CAPACITY - REUTERS
China’s coal companies controlled by the central government have resumed operations and are back at more than 95% of their capacity, an offic ...
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Showing 1106 to 1110 news of total 6871 |
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- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Australian Coal Association
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
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