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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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Friday, 23 September 22
CHINA DIGS DEEP TO RAISE COAL OUTPUT TO RECORD HIGH - REUTERS
China’s coal production has surged this year as the government seeks to improve energy security by reducing dependence on imports and amassin ...
Friday, 23 September 22
EUROPEAN STEEL BUYERS SEEK DIRECTION IN VOLATILE MARKET - MEPS INTERNATIONAL
Demand for steel is slow to recover, after the summer break. Mill production costs continue to increase. Steel purchasers are uncertain about the f ...
Friday, 23 September 22
BUOYANT COAL INDUSTRY SEEKS WAYS TO STAY IN THE LONG-TERM ENERGY MIX - REUTERS
There’s no doubt that the global coal industry has been a major beneficiary of Russia’s invasion of Ukraine and the subsequent energy c ...
Friday, 23 September 22
MARKET INSIGHT - INTERMODAL
In view of the forthcoming winter, Europe is trying to escape from its energy (oil & gas) dependency from Russia to ensure energy abundance eve ...
Tuesday, 20 September 22
CHINA'S DAILY COAL OUTPUT HITS 3-MONTH LOW IN AUGUST ON RAINS, COVID CURBS - REUTERS
China’s daily coal output in August slipped to a three-month low as some mines in its biggest coal mining regions reduced operations or even ...
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- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- White Energy Company Limited
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Australian Coal Association
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
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