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Tuesday, 14 July 20
TURKEY - A CASE OF UNDECLARED BUNKER - GARD
KNOWLEDGE TO ELEVATE
Undeclared/excess bunkers can be considered a criminal act by Turkish customs officials with the ship's crew being accused of smuggling.
A Member’s ship was recently held in a Turkish port when customs officials identified a discrepancy between the declared and the actual figures of fuel oil remaining onboard. Upon arrival at the Turkish port, customs officials boarded the ship to search for illegal and prohibited goods and, since the bunkers onboard is also within the scope of such searches, took soundings of the fuel oil tanks to check the accuracy of the declared fuel oil figures. As the sounding figures indicated a possible excess (undeclared) fuel oil in the ship’s tanks, an independent bunker survey was arranged. Subsequent calculations revealed that the ship did carry an excess of approximately 85 tonnes against the declared quantity of fuel oil.
At the time of writing, the Turkish authorities have issued a “confiscation order” and demanded the ship discharge the excess fuel oil. In addition, the Master has been brought onshore to provide a statement. Turkish authorities, under its Anti-Smuggling Law No. 5607, can consider a discrepancy between the declared figures and the figures established by a bunker survey as an act of smuggling of petroleum products. This can lead to criminal proceedings being brought against the Master and other members of the crew.
Recommendations
While the case described above has not yet been settled, its course of events is reportedly not uncommon. According to our local correspondents in Turkey, the trend of unannounced customs inspections, including scrutiny of the fuel oil remaining onboard, has increased in the recent months. Masters of ships calling Turkish ports are therefore advised to be particularly vigilant and attentive when filling in the customs declaration. Specifically, the fuel oil remaining onboard must be carefully calculated and measured before being declared to Turkish customs. It is also important that all relevant crew members are made aware that undeclared bunkers is an issue in Turkish ports and that a discrepancy between the declared figures and the figures established by a bunker survey can bring about serious consequences for the crew.
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Friday, 07 August 20
PEABODY'S $1.42 BILLION WRITE-DOWN CONCEDES COAL MINES HAVE LITTLE VALUE AND DIM FUTURE - IEEFA
Trouble at biggest mine in Powder River Basin speaks volumes about state of industry
Peabody Energy, the world’s largest priva ...
Thursday, 06 August 20
SUPRAMAX MARKET CONTINUED SIDEWAYS TREND, AND LITTLE INSPIRING NEWS APPEAR - FEARNLEYS
Capesize
There is presently a small correction in rates, but overall levels are up from previous week mainly due to increased demand in the Eas ...
Thursday, 06 August 20
KOREA SOUTH-EAST POWER INVITING BIDS FOR MIN 3,600-MAX 3,800 NCV COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) inviting bids for 80,000 Tons (MT) Min 3,600~Max 3,800 kcal/kg NCV coal f ...
Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors t ...
Wednesday, 05 August 20
AUGUST 2020 HBA HITTING ITS LOWEST LEVELS IN HISTORY
COALspot.com: The Indonesia Coal Price Reference for the month of August plunged 30.73% YoY, hitting its lowest levels in history and highlighting ...
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- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Parliament of New Zealand
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Australian Coal Association
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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