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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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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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- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Australian Coal Association
- Price Waterhouse Coopers - Russia
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