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Monday, 02 March 20
SHIPOWNERS AND OPERATORS COULD FACE DETENTION OF SHIPS FROM 1ST MARCH UNDER IMO RULE - ICS
 Port state control authorities will begin to enforce the IMO’s Sulphur 2020 from 1st March, making it an offense for ships to carry fuel that contains a sulphur content higher than 0.5 percent unless the ship has an Exhaust Gas Cleaning System.
The International Chamber of Shipping reminds shipowners and operators of the impending ban and reiterates the fact that any ships found to be non-compliant face the prospect of detention.
As of March 1st, enforcement agencies will no longer have to prove usage. Showing that vessels without Exhaust Gas Cleaning Systems have non complient fuel aboard will be enough to prove a violation. Major port state regimes including Paris MoU, Tokyo MoU and the United States Coast Guard (USCG), have made it plain that they will rigorously enforce the requirements.
Guy Platten, Secretary General ICS said:
“Since the introduction of IMO 2020 on 1st January, ships have been given a ‘grace period’ while the industry transitions to low-sulphur fuel. As of 1st March this will no longer be the case. Any ship found in non-compliance faces the prospect of serious fines and even detention.
“The International Chamber of Shipping has been made aware that major port State inspection regimes including the United States Coast Guard (USCG) and the Australian Maritime Safety Authority (AMSA) have made it clear, in no uncertain terms, that detention of ships found to be non-compliant is both possible and legally permissible.
“The information ICS has received is that shipowners are fully compliant and ready for the 1st March. We are simply reminding shipowners and operators that these new rules will come into force as of Sunday 1st March”
ICS is the principal international trade association for merchant shipowners and operators, representing all sectors and trades and over 80% of the world merchant fleet.
Source: ICS
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Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- The University of Queensland
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- PTC India Limited - India
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Australian Coal Association
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
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