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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, 12 February 20
MARKET INSIGHT - INTERMODAL
The recent Coronavirus outbreak in China has led to a global health emergency by World Health Organization and it is yet to be seen how long the ph ...
Wednesday, 12 February 20
CHANGES IN LNG MARKET COULD UNDERCUT PLANS FOR NEW JAPANESE COAL PLANTS - CLYDE RUSSELL
Reuters: Clyde Russell
The collapse in the spot price of liquefied natural gas (LNG) in Asia is a short-term phenomenon that may wel ...
Wednesday, 12 February 20
THE SHIPPING INDUSTRY SEES FREIGHT MARKETS IN A COMPLETE STATE OF COLLAPSE AS DEMAND GETS PARALYZED DUE TO CORONAVIRUS OUTBREAK - ALLIED
With China and the world still trying to contain the effects and come to terms with the Wuhan novel coronavirus outbreak, the shipping industry see ...
Wednesday, 12 February 20
WORLD STEEL PRODUCTION IN 2019 - BANCHERO COSTA
In a worrying development, global steel production slowed down considerably in the fourth quarter of 2019. In the final 3 months of 2019, total cru ...
Sunday, 09 February 20
SUPRAMAX: THE ASIAN ARENA STRUGGLED, A 50,000DWT SHIP FIXING A COAL RUN FROM EAST KALIMANTAN TO INDIA AT $2,000 - THE BALTIC BRIEFING
Capesize
The Capesize market endured another dreadful week of calamitous rate level falls, as the usual season low Q1 period combined with rece ...
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Showing 1141 to 1145 news of total 6871 |
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- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- The University of Queensland
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
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