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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, 06 July 22
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Tuesday, 05 July 22
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The Indonesian Coal Price Refere ...
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- Grasim Industreis Ltd - India
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- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
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- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
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- Economic Council, Georgia
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- Electricity Authority, New Zealand
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- VISA Power Limited - India
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- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
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- Thiess Contractors Indonesia
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- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
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- Indika Energy - Indonesia
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- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
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- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
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- Power Finance Corporation Ltd., India
- Australian Coal Association
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
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- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
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- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
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- Petrochimia International Co. Ltd.- Taiwan
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- McConnell Dowell - Australia
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- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
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- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
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- Minerals Council of Australia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
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- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
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- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Planning Commission, India
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- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
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- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
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- Energy Link Ltd, New Zealand
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