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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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Saturday, 20 August 22
KOSPO TO IMPORT 240000 MT OF MIN 4400 KCAL/KG NCV STEAM COAL FOR OCTOBER;LOADING FROM RUSSIAN PORTS NOT ALLOWED
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 240,000 MT of min 4,400kcal/kg to max. 4,999 kcal/kg NC ...
Wednesday, 17 August 22
INDIAN COMPANIES SWAPPING DOLLAR FOR ASIAN CURRENCIES TO BUY RUSSIAN COAL - REUTERS
Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoidi ...
Wednesday, 17 August 22
LNG: MAJOR INVESTMENT AND EXPANSION PHASE, DOUBLING OF LIQUEFACTION CAPACITY BY 2028 PROJECTED - CLARKSONS
Clarksons Research have released the latest version of their long standing annual review, LNG Trade & Transport, on to Shipping Intelligence Ne ...
Wednesday, 17 August 22
UNAFFORDABLE LNG PRICES UNDERMINE RAPID DEMAND GROWTH FORECASTS IN KEY ASIAN MARKETS - IEEFA
Sustained high prices may accelerate downward pressures on Asian LNG demand, clouding long-term industry outlooks
The global liquefi ...
Wednesday, 17 August 22
CHINA'S COAL-RICH SHANXI MAKES STRIDES IN HIGH-QUALITY DEVELOPMENT - XINHUA
Shanxi, a major coal-producing province in north China, has made continuous advances in high-quality development over the past decade, according to ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
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