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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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Wednesday, 17 August 22
PAXOCEAN, HONG LAM MARINE AND BUREAU VERITAS SIGN MOU TO DEVELOP AMMONIA BUNKER VESSEL DESIGN - BUREAU VERITAS
PaxOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and class ...
Wednesday, 17 August 22
GOODFUELSS ASIA-PACIFIC BRANCH KICKSTARTS SUSTAINABLE BIOFUEL DELIVERIES WITH NYK AS FIRST CLIENT - GOOD FUELS
GoodFuels, the leading biofuels pioneer for the global transport industry, has today announced that it has successfully supplied sustainable marine ...
Tuesday, 16 August 22
EU BAN ON RUSSIAN COAL IMPORTS COMES INTO FORCE - DEUTSCHE WELLE
The European Union banned Russian coal imports in response to the invasion of Ukraine as part of sanctions in April. Since then, it’s been sc ...
Thursday, 11 August 22
MARKET INSIGHT - INTERMODAL
On July 22nd, Ukraine signed a deal with Russia to release 22mn tons of grain from Ukraine’s 3 major ports (Yuzhny, Chornomorsk, Odesa). Such ...
Wednesday, 10 August 22
THE FUTURE OF COAL: EIGHT KEY THEMES FROM THE GLOBAL COAL FORUM - WOOD MACKENZIE
Coal investors face a multi-layered and unavoidable challenge: markets distorted by war, trade constraints and the existential threat of the energy ...
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Showing 261 to 265 news of total 6871 |
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- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
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