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Tuesday, 23 August 22
SHIPPING INDUSTRY TO REMOVE THE INDIAN OCEAN HIGH RISK AREA - BIMCO
After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk Area’ (HRA).
Notification of the removal of the HRA from 0001 UTC on 1 January 2023 by industry bodies was forwarded in a submission today, 22 August, to the International Maritime Organization (IMO) for the next meeting of the Maritime Safety Committee scheduled to start on 31 October 2022.
The removal of the HRA reflects a significantly improved piracy situation in the region, largely due to concerted counter-piracy efforts by many regional and international stakeholders. No piracy attacks against merchant ships have occurred off Somalia since 2018.
The IMO has been informed of the decision made by International Chamber of Shipping (ICS), BIMCO, International Marine Contractors Association (IMCA), INTERCARGO, INTERTANKO and Oil Companies International Marine Forum (OCIMF).
Measures enacted to secure the waters by military, political, civil society, and shipping industry, as well as Best Management Practices guidance, have reduced the threat of piracy in the Indian Ocean.
The removal of the HRA will come into effect at 0001 UTC on 1 January 2023, allowing charterers, shipowners and operators time to adapt to the changed threat from piracy. Best Management Practices 5 (BMP5) will continue to provide the necessary guidance for shipping to ensure threat and risk assessments are developed for every voyage to mitigate the risks presented by remaining security threats in the region. The shipping industry will continue to monitor and advise on maritime security threats to assist the safe transit of vessels and the seafarers who crew them. Pre-voyage threat and risk assessments should consider the latest maritime security information from organisations supporting the VRA.
The area being removed is the “High Risk Area” as shown on UKHO Chart Q6099. The Voluntary Reporting Area (VRA) administered by UKMTO has not changed. Ships entering the VRA are encouraged to report to the UKMTO and register with the Maritime Security Centre for the Horn of Africa (MSCHOA) in accordance with industry BMP (Best Management Practices).
The HRA IMO submission co-sponsors commented:
“This announcement is a testament to nearly 15 years of dedicated collaboration to reduce the threat of piracy in the Indian Ocean. Through a combination of efforts by military, political, civil society, and the shipping industry over the years, operators and seafarers are now able to operate with increased confidence in these waters.
“Thanks and gratitude is given to all the seafarers and offshore workers who have served during this time in safely maintaining global trade and operations.
“Threat and risk assessments should still be carried out, and best management practices followed to continue to mitigate the risks presented in a changeable and often complex and potentially threatening environment.”
Sources: BIMCO, ICS,IMCA, INTERCARGO, INTERTANKO, OCIMF
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Tuesday, 23 May 23
INDIA: COAL OUTPUT UP 8.9%, SUPPLY RISES 11.7% IN APRIL - FINANCIAL EXPRESS
India’s coal production jumped 8.85% to 73.14 million tonne (MT) in April 2023 and the total coal despatch during the month went up 11.66% to ...
Tuesday, 23 May 23
CHINA COAL OUTPUT UP 4.5 PCT IN APRIL - XINHUA
China’s raw coal output posted stable expansion in April, official data showed.
The country produced 380 million tonnes of raw ...
Saturday, 20 May 23
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
In 2022, non-OPEC supply is estimated to have increased by 1.9 mb/d y-o-y. Out of this, US liquids production increased by 1.2 mb/d, mainly on the ...
Saturday, 20 May 23
GLOBAL COAL TRADE HAS REALLY PICKED UP PACE IN RECENT MONTHS, NOW FULLY BACK TO PRE-COVID LEVELS - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Apr 2023, total global seaborne coa ...
Saturday, 20 May 23
MARKET INSIGHT - INTERMODAL
India is one of the world's largest coal producers and one of the world's largest importers of coal. The country uses coal mainly for power ...
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Showing 101 to 105 news of total 6871 |
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- London Commodity Brokers - England
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- VISA Power Limited - India
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
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