FIXTURES REPORT on 24th Oct, 2013

Re : Index and Fixtures
=-=-

Baltic Exchange Daily Fixture/Index List 24/10/2013

BDI  1708 (DOWN  78)
BCI  2775 (DOWN 168)
BPI  1959 (DOWN  51)
BSI  1252 (UP     9)
BHSI  644 (UP     5)
Last published BDTI 614 (DOWN 3) BCTI 490 (DOWN 4)


Timecharter
============
'Golden Beijing' 2010 176000 dwt dely Cape Passero 1 Nov trip via
Ponta da Medeira redel Cont approx $24000 daily - K.Line Europe

'Alpha Confidence' 2011 176000 dwt dely Yantai retroactive to sailing
Yantai 21 Oct trip via east coast Australia redel China-Japan range
$22500 daily - K.Line

'Sideris GS' Cargill relet 2006 174187 dwt dely Hunterston end Oct
trip via Baltimore redel South Korea $36000 daily - Polaris

'Star Yandi' 1996 169963 dwt dely Xingang retroactive to sailing 22
Oct trip via east coast Australia redel China-Japan range $18000 daily
- Integris

'Annou G.O.' 2011 87450 dwt dely Kanmon prompt trip via Indonesia
redel Japan $16200 daily - Daiichi

'Knossos Wave' 2012 87332 dwt dely Huanghua prompt tip via Nopac int
petcoke /coal redel Singapore-Japan approx $14500 daily - cnr

'Hakouta' 2011 82165 dwt dely St Cyprian 26/27 Oct 2 laden legs first
leg Casa/US Gulf redel Atlantic approx $21000 daily - ADMI

'Mega Hope' 2010 79461 dwt dely Fangcheng 26/29 Oct trip via East
Australia redel India $13500 daily - Oldendorff

'Sapphire' 1999 75574 dwt dely Kagogawa prompt trip via East
Australia redel Japan $15250 daily - cnr -

'Orsalina Bottiglieri' 2001 75413 dwt dely Visakhapatnam 31 Oct/2 Nov
trip via South Australia to AG excl Iran/Iraq redely PMO $14750 daily
- Phaeton

'Antonis G Pappadakis' 1995 73538 dwt dely aps Santos 8/10 Nov trip
redel Singapore-Japan $16000 daily + $625000 bb - Bunge

'Kosmas V' 2011 57295 dwt dely Passing Muscat prompt trip via Black
Sea redely Singapore-Japan $13000 daily - Asian Charterers

'Antonia' 2002 34655 dwt dely aps Santos prompt trip redel
Gibraltar-Skaw $9650 daily - cnr

'King Wheat' 2009 33387 dwt dely Ravenna 1/3 Nov trip via Black Sea
redel Continent $11000 daily - cnr

'Vijitra Naree' 1997 28466 dwt dely Dneprobrugsky 1/5 Nov trip redel
Spanish Mediterranean $15000 daily + $30000 bb - CHS Inc


Period
=======
'Pella' 2010 82163 dwt dely Singapore 25/26 Oct 12/15 months trading
redel worldwide approx $12000 daily - Bunge

'Torm Bornholm' 2004 75950 dwt dely Tianjin 23/24 Oct 11/13 months
trading redel worldwide $12500 daily - cnr

'Tritonia' 2007 32285 dwt dely Black Sea end Oct/early Nov 3/5 months
trading redel Atlantic $11750 daily - cnr


Ore
====
'TBN' 160000/10 Dampier/Qingdao 8/12 Nov $9.75 fio scale/30000shinc -
Rio Tinto

INDUSTRY UPDATES on 24th, Oct 2013


the industrial updates, as on 24/10/13.

(1)     Sugar stocks seen rallying 50-80% as volumes pick up

Shares of sugar firms have gained momentum over the last one week on increased volumes, as investors began hunting for beaten-down stocks in mid- and small-cap space.

The rise in sugar stocks, say analysts, has also been due to a sharp spike in prices globally. Middle Eastern buyers are lapping up Indian sugar which is likely to offload some of the inventory as well.

“We just started picking up sugar in the last few days. Expect the cycle to turn around in the next seven-eight months. Recently, the stock prices got fillip because of the fire in the Brazilian godowns. That is one of the reasons why you are seeing the stocks move up,” said Ambareesh Baliga, Managing Partner-Global Wealth Management, Edelweiss Financial Services to ET Now.

“But overall most of these stocks have bottomed out and with the cycle really turning up possibly in next seven-eight months, this could be a great time to pick up. One should have patience, I do not see a runaway rally but I do not see much of a downside also from here,” he added.

According to Manav Chopra, CMT, Nirmal Bang, international sugar prices were in a major downtrend after topping around in February 2011.

“The price bottomed out around in early August 2013 and breached the long-term falling trend line with a series of bullish candles which has confirmed a trend reversal. We expect the prices to rise towards in the medium term which is bullish for sugar stocks as it maintains a good positive correlation,” he said.

Following are his technical recommendations on three sugar stocks. He is of the view that this is the time to invest in sugar stocks from long term perspective.

He expects these stocks to rally around 50-80 per cent in next 4-8 months time.


(2)     Ambuja Cements falls over 2% as results disappoint

Shares of Ambuja Cements today fell 2.61 per cent in morning trade on the bourses after the cement maker reported a 45 per cent decline in the July-September quarter net profit.
Ambuja Cements yesterday reported a 45.4 per cent drop in net profit for the July-September quarter at Rs 166 crore due to lower realisations and higher logistics costs.
The company had clocked Rs 304 crore net profit in the corresponding period last fiscal.
Reacting to the numbers, shares of Ambuja Cements opened on a weak note and then slumped 2.61 per cent to Rs 191.50 on the BSE. Similar movement was witnessed on the National Stock Exchange as well where the company opened at Rs 193.10, then fell 2.33 per cent to an intra-day low of Rs 192.10.
The decline in the counter assumes significance as the broader market was trading in the positive territory with significant gains. At 10.59 a.m., the 30-share benchmark index Sensex was trading at 20,968.16, higher by 200.28 points.
Market experts said the decline in the counter was largely because the company’s September quarter earnings were below market expectations.
“The cement industry is going through subdued demand on account of overall economic slowdown. Lower realisation and higher logistics cost impacted profitability,” the company said yesterday.
(3)     Rally in pulses may continue on fears of crop damage

Strong buying support and weak arrivals have lifted tur prices in Indore mandis in the past one week by almost Rs 150 a quintal.
On Wednesday, tur (Maharashtra) was quoted at Rs 4,550 (Rs 4,375-4,400), while tur (Madhya Pradesh) increased to Rs 4,000-4,150.
Rise in tur and other pulse seeds in Indore mandis has been attributed to increased buying support from millers and traders ahead of Diwali. The bullish trend in tur and other pulse seeds will likely continue this week, said Rahul Vora, a local pulse trader .
Rise in tur has also lifted its dal over the past one week on improved buying support with tur dal (full) being quoted at Rs 6,300-6,400, tur dal (full) at Rs 5,800-5,900, while tur dal marka ruled at Rs 7,000-7,100.
Slack arrival and strong demand have lifted urad prices by Rs 200 within a week, with urad (bold) being quoted at Rs 4,300 , while urad (medium) ruled at Rs 3,500-3,800 .
With arrival being lower on account of damage to the crops due to heavy rains and lesser import deals, rally in urad will likely continue in the coming days, said a trader. Urad dal (medium) was at Rs 4,800-4,900, urad dal (bold) at Rs 5,500-5,600, while urad mongar ruled at Rs 6,800-7,200.
Moong and its dal ruled stable on subdued demand and buying support with moong (bold) remaining firm at Rs 5,400-5,500, while moong (medium) ruled at Rs 4,500-4,800.
Given extensive damage to the crop this year due to rains, rally in moong will also likely to continue in coming days. Moong dal on (medium) was being quoted at Rs 6,300-6,400, moong dal (bold) at Rs 7,000-7,100, while moong mongar ruled at Rs 7,400-7,700 a quintal respectively.
(4)     Power generation at Kudankulam to resume after preparatory work

Power generation in the first unit of Kudankulam Nuclear Power Plant, which was shut down after running

INDUSTRY UPDATES on 23th October,2013

the industrial updates, as on 23/10/13.




(1) Coromandel International Q2 net down 32.5 pc at Rs 160 crore



Coromandel International Limited, a maker of fertilisers and pesticides, today said its consolidated net profit for the quarter ended September 30 fell 32.5 per cent to Rs 160 crore.



The net profit for the Murugappa Group firm in the same period last fiscal stood at Rs 237 crore.



The dip in net profit was due to to higher production costs and reduced subsidy income, said Kapil Mehan, Managing Director, Coromandel International Limited ( CILBSE -0.75 %).



However, the total income in September 2013 quarter stood at Rs 3,228 crore as against Rs 2,697 crore in the same period last fiscal.



"Strong and active monsoon has had a positive effect on all the agri-inputs business of the company during the quarter. Though the cost push pressures and the weakening of the rupee have impacted the financials, we are confident that our perseverance and focus of catering to the needs of the farming community through our diversified business will help us in achieving our long term business objectives," Mehan said in a press conference.



The consolidated EBIDTA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) for the quarter has registered a growth of 20 per cent over corresponding previous quarter excluding prior year subsidy income, he added.



The city-based company is a leading manufacturer of fertilisers, crop protection products and speciality nutrient products.



(2) Mills refuse to sell sugar cheap



Sugar prices on the Vashi wholesale market declined by Rs 15-25 a quintal for M-grade and Rs 5-13 for S-grade on higher selling pressure at upper level. Naka and mill tender rates were unchanged as mill refused to sell at a lower price, resulting in the volume dropping.

Activities were restricted at ample stocks are available in the market. Prices on domestic futures market dropped on profit booking. Jagdish Rawal of B. Bhogilal & Co said that in Vashi arrivals and local dispatches were routine. Demand for the fine variety continued to be higher ahead of Diwali. The market carries ample stocks and producers are continuously selling in local markets in absence of neighbouring

Fixtures report of 23th, October 2013

Baltic Exchange Daily Fixture/Index List 23/10/2013




BDI 1786 (DOWN 61)

BCI 2943 (DOWN 167)

BPI 2010 (DOWN 28)

BSI 1243 (UP 15)

BHSI 639 (UP 3)

Last published BDTI 617 (DOWN 4) BCTI 494 (DOWN 4)





Timecharter

============

'Tian Fu Hai' 1998 149000 dwt dely CJK prompt trip via Newcastle

redel China $19000 daily - Sea & Ocean



'Global Victory' HMM relet 1996 149000 dwt dely Guangzhou prompt trip

via Indonesia redel China-Japan range $19500 daily - cnr



'Trident Navigator' 2000 75607 dwt dely Songxia 23 Oct trip via

Indonesia redel India $15750 daily - cnr



'Rosco Banyan' 2010 74979 dwt dely Amsterdam 25/26 Oct trip via

Baltic redel Mediterranean $22500 daily - Atlantic Coal & Bulk



'Wadi Alkarnak' 1997 69999 dwt dely Bayuquan spot trip via Indonesia

redel India $12000 daily - Klaveness



'Belocean' 2011 58000 dwt dely S.Brazil end October trip redel Japan

$13500 daily + $350000 bb - Oldendorff



'Annika N' 2011 55768 dwt dely dop Ilichevsk 27/29 October trip

redel SE Asia $25000 daily - White Whale Shipping





Period

=======

'Alexandra' 2001 74756 dwt dely Yantai spot 4/7 months trading redel

worldwide approx $13500 daily - GMI



'Tenko Maru' 2008 58470 dwt dely north China early Nov 11/13 months

trading redel worldwide $11800 daily - Trafigura





Ore

====

'Frontier Bonanza' 2010 160000/10 Itaquai/Qingdao 5/14 Nov $25.10 fio

scale/30000shinc - RGL



'Samjohn Legacy' 2010 160000/10 magnetite Richards Bay/Qingdao 17/23

Daily fixtures report 15.10.2013

Re  :  Index  and  Fixtures
=-=-

Baltic  Exchange  Daily  Fixture/Index  List  15/10/2013

BDI    1963  (UP    2)
BCI    3469  (UP  14)
BPI    2021  (UP    1)
BSI    1186  (UP    1)
BHSI    637  (UP    3)
Last  published  BDTI  586  (DOWN  1)  BCTI  512  (DOWN  5)


Timecharter
============
'Cape  Agnes'  EdF  relet  2010  181458  dwt  dely  Qingdao  12/16  Oct  trip
via  Australia  redel  Japan  $36000  daily  -  'K'  Line  -  

'Andros'  2010  82158  dwt  dely  Rotterdam  14/16  Oct  trip  via  US  Gulf  &
Turkey  redel  Cape  Passero  $20000  daily  -  Cerraghil

'Darya  Gayatri'  2012  81930  dwt  dely  Amsterdam  in  d/c  15  Oct  trip  via
Baltic  redel  UKC  $19000  daily  -  Nordic  Bulk  Carriers

'Grain  Express'  2004  76466  dwt  dely  Kashima  15/20  Nov  trip  via  NoPac
redel  PMO-Japan  $17900  daily  -  cnr  -  

'Bi  Jia  Shan'  2012  56625  dwt  dely  Singapore  spot  trip  via  Indonesia
redel  EC  India  $16600  daily  -  Norvic  Shipping  -  report  14/10>

'Kittiwake'  2002  53146  dwt  dely  aps  East  Kalimantan  17/20  Oct  trip
with  coal  redel  full  India  $12000  daily  +  $150000  bb  -  ISL  Dubai


Period
========
'Great  Rich'  2012  75524  dwt  dely  Hong  Kong  spot  11/13  months  trading
redel  worldwide  $12900  daily  -  Noble

INDUSTRY UPDATES ON 15.10.2013

Bulk buyers keep away from rice market

Paddy arrivals dropped to around 1 lakh bags on Monday compared with the levels witnessed last week.
Arrivals have dropped mainly for PR varieties as most of the kharif crop has arrived in markets, said Tara Chand Sharma, proprietor of Tara Chand and Sons.
The inflow is likely to remain sluggish while arrivals of pure basmati paddy are likely to start by month-end, he said.
In the physical market, sluggish domestic demand coupled with arrivals of new rice pulled the prices down by nearly Rs 500 a quintal, said Amit Kumar, proprietor of Ginni Rice.
Bulk buyers are still keeping out of the market as they are expecting prices to fall further. Rice market is likely to rule range-bound for a next few days, he added.
Pusa-1121 (steam) dropped by Rs 400 to Rs 7,500-7,550 a quintal, while Pusa-1121 (sela) eased by Rs 300 to Rs 7,000-7,100. Pusa-1509 (sela) decreased by Rs 500 to Rs 6,000.
Pure Basmati (Raw) quoted at Rs 11,000. Prices of Duplicate basmati (steam) decreased by Rs 400 to Rs 6,000-6,100.

Paris MoU results on the first month of MLC inspections

The Paris MoU has


announced the results of the

first month inspections

under the requirements of

the Maritime Labour

Convention (MLC). Eight

ships have been detained for

MLC-related deficiencies.


As of August 20, 2013 the Maritime Labour Convention (MLC), 2006 entered into force and became a

relevant instrument for the Paris MoU inspection regime. On October 3, 2013 the Paris MoU announced

the first month results on MLC inspections. More specifically 8 ships out of the 68 have been detained

with MLC-related deficiencies.

As per the Paris MoU press release:

 a total of 4,260 deficiencies have been recorded;

 494 deficiencies out of the 4,260 records (11,5%) were related to any of the ILO Conventions

listed as relevant instruments;

 of these 494, 30 (6,1%) were considered to be serious enough to be a ground for detention;

 23 of those 30 (76,7%) were related to breaches of the MLC and resulted in the detention of

8 individual ships;

 The total number of detention was 68 during 1,532 inspection which resulted in a detention

rate of 4,4%.

INDUSTRY UPDATES on 11.10.2013

Coal India disinvestment only after Cabinet nod




Coal Minister, Sriprakash Jaiswal, on Friday said the Cabinet Committee on Economic Affairs (CCEA) would decide on the disinvestment of Coal India.

“If the Cabinet decides to sell shares, disinvestment would happen,” Jaiswal told media persons at the CII Clean Coal India 2013 conference.

Buyback/dividend

However, the Minister said that the decision on buyback of shares or offering special dividend would be decided by Coal India board and the Government has no role to play.

Coal India shares are trading at Rs 292.90 down 0.37 per cent on the Bombay Stock Exchange at around 12.19 p.m. on Friday.

There has been ambiguity over the Government’s move to sell its stake in the public sector miner. As on September 30, Government owns 90 per cent stake in Coal India, while FIIs hold 5.51 per cent, DIIs have 2.34 per cent and remaining 2.15 per cent is with other shareholders.

The labour unions of Coal India have opposed the Centre’s move to dilute the Government’s stake in the miner.

“In September, coal production has increased 15.6 per cent, offtake by 9.2 per cent and coal supply to power sector by 9 per cent as compared to September, 2012,” said Jaiswal.

In the quarter of the current financial year, coal production has shown a growth of 9.6 per cent, coal dispatches grew 7.2 per cent and coal supplies to the power sector increases 7 per cent when compared to the similar months previous year.

“This has led to a growth of 7 per cent in coal based power generation,” the Coal Minister reiterated.

Selling pressure dissolves sugar

Very Severe Cyclonic Storm, PHAILIN over East central Bay of Bengal

With reference to the abv sub, pls to give below the weather reports for haldia, paradip, vizag and kakinada till 15/10/13 .




The very severe cyclonic storm, PHAILIN over east central Bay of Bengal moved west-northwestwards with a speed of 15 kmph and lay centred at 0530 hrs IST of 11th October

2013 near latitude 16.00N and longitude 88.50E, about 520km south-southeast of Paradip, 530km southeast of Gopalpur, and 530km east-southeast of Kalingapatnam. It would move

northwestwards and cross north Andhra Pradesh and Odisha coast between Kalingapatnam and Paradip, close to Gopalpur (Odisha) by evening of 12th October, 2013 as a very severe cyclonic storm with a maximum sustained wind speed of 205-215 kmp



GLOBAL MODEL DATA TIME 12UTC 10.10.2013





SEVERE CYCLONIC STORM PHAILIN ANALYSED POSITION : 15.1N 89.8E





VERIFYING TIME POSITION STRENGTH TENDENCY



-------------- -------- -------- --------



12UTC 10.10.2013 15.1N 89.8E MODERATE

00UTC 11.10.2013 15.4N 88.6E MODERATE LITTLE CHANGE

12UTC 11.10.2013 16.3N 87.3E MODERATE LITTLE CHANGE

00UTC 12.10.2013 16.9N 86.7E STRONG INTENSIFYING SLIGHTLY

12UTC 12.10.2013 18.7N 85.6E INTENSE INTENSIFYING RAPIDLY

00UTC 13.10.2013 20.1N 84.9E STRONG WEAKENING SLIGHTLY

12UTC 13.10.2013 21.7N 84.8E MODERATE WEAKENING RAPIDLY

00UTC 14.10.2013 23.6N 85.0E WEAK WEAKENING SLIGHTLY

12UTC 14.10.2013 23.9N 84.7E WEAK WEAKENING SLIGHTLY

00UTC 15.10.2013 23.9N 84.8E WEAK LITTLE CHANGE

12UTC 15.10.2013 BELOW TROPICAL STORM STRENGTH

Baltic Exchange Daily Fixture/Index List 11/10/2013

Baltic Exchange Daily Fixture/Index List 11/10/2013




BDI 1985 (DOWN 26)

BCI 3527 (DOWN 94)

BPI 2024 (DOWN 3)

BSI 1182 (UP 7)

BHSI 632 (UP 2)

Last published BDTI 591 (DOWN 4) BCTI 523 (DOWN 4)



Timecharter

============

'Bottiglieri Challenger' 2010 93353 dwt dely Cape Town 10/20 Nov

trip via EC South America redel Singapore-Japan $16500 daily + $650000

bb - cnr



'Georgitsi' 2012 81310 dwt dely Redcar 17/22 Oct trip via Kokkola

redel China int pyritic ash $29500 daily - EdF



'Athanasia C' 2012 81256 dwt dely EC South America 2/7 Nov trip

redel Singapore-Japan $17500 daily + $750000 bb - Bunge



'Union Ocean' 2008 78888 dwt dely US Gulf end Oct trip redel

Continent $15500 daily + $600000 bb - ABT



'Gleamstar' 2011 75491 dwt dely Aughinish 19/24 Oct trip via St.

Lawrence redel Singapore-Japan $25300 daily - Alfred C.Toepfer



'Carola' 1997 73740 dwt dely Kunsan ppt trip via NoPac redel

Singapore-Japan $18000 daily - Louis Dreyfus



'Oriental Pioneer' 1996 69909 dwt dely Guangzhou 16/21 Oct trip via

Indonesia redel Singapore-Japan $15000 daily - cnr



'Izmir' 2013 63500 dwt dely USGulf mid October trip redel

Singapore-Japan intention pet coke $30500 daily - Pacbasin



'Josco Runzhou' 2011 58722 dwt dely Gibraltar spot trip via Murmansk

redel Singapore-Japan appropx $20000 daily - cnr -



Period

=======

'Port Star' 2012 81191 dwt dely Hunterston 20/25 Oct 4/6 months

trading redel worldwide $21500 daily - Oldendorff



LIST OF NATIONAL OPERATIONAL CONTACT POINTS 30 September 2013

ANNEX 2


LIST OF NATIONAL OPERATIONAL CONTACT POINTS

RESPONSIBLE FOR THE RECEIPT, TRANSMISSION AND PROCESSING OF

URGENT REPORTS ON INCIDENTS INVOLVING HARMFUL SUBSTANCES,

INCLUDING OIL FROM SHIPS TO COASTAL STATES

INDUSTRY UPDATES ON 10.10.2013

Rashtriya Ispat Nigam clocks 34 per cent revenue growth in September




Buoyed by a whopping 63 per cent volume growth, Rashtriya Ispat Nigam's sales revenue rose by 34 per cent to Rs 1,222 crore in September.



RINL, the Vizag-based PSU steel maker, had clocked Rs 913 crore sales revenue in the same month last year, a source in the company said.



The sales volume of the company rose to 2.73 lakh tonnes (LT) from 1.68 LT in September, 2012.



Sales of valued-added steel, which fetches better price, stood at 1.77 LT compared to 1.37 LT a year earlier.



Production of saleable steel increased by 23 per cent to 2.46 LT against two LT a year ago. It produced 3.22 LT of hot metal during the month.



For the April-September period of current fiscal, sales of the company stood at 12.9 LT compared to 11 LT during the same period last fiscal.



RINL produced 14.6 LT saleable steel during the six-month period, a growth of 11 per cent. Hot metal production, however, grew by just three per cent to 19.3 LT.


FIXTURES - 10/OCT/2013

FIXTURES - 10/OCT/2013






Baltic Exchange Daily Fixture/Index List 10/10/2013



BDI 2011 (DOWN 114) BCI 3621 (DOWN 338) BPI 2027 (UP 11)

BSI 1175 (UP 13) BHSI 630 (UP 1)

Last published BDTI 595 (DOWN 6) BCTI 527 (DOWN 4)





TIMECHARTER



'Berge Yotei' 1997 172846 dwt dely Amsterdam ppt transatlantic round

redel Gijon-Sines $33000 daily - SwissMarine

'Nightwing' E.On relet 2006 170000 dwt dely Cape Passero in d/c 1/10

Nov transatlantic round redel Gibraltar-Skaw $33000 daily - Cargill

'Centrans Treasure' 2010 92667 dwt dely CJK ppt trip via EC

Australia redel China int coal $16100 daily - Sinochart

'John M Carras' Bunge relet 2012 82057 dwt dely aps Brazil 25/30 Oct

trip via Singapore-Japan $18000 daily + $800000 bb - Alfred C.Toepfer

'Zheng Rong' 2013 81810 dwt dely Yantai 12/17 Oct trip via

E.Australia redel EC India $19000 daily option redel WC India $20000

daily - Oldendorff

'CK Angie' 2011 81146 dwt dely Tyne 17/22 Oct 2 laden legs 1st

Baltic/Murmansk redel Skaw-Gibraltar $17900 daily - cnr

'Thor' 2005 76838 dwt dely retro Hirohata 2 Oct trip via NoPac redel

Prohibition of the blending of bulk liquid cargoes and production processes during sea






 
The new regulation of

SOLAS Chapter VI prohibits

the physical blending of bulk

liquid cargoes and

production process during

the sea voyage from January

01, 2014. Through MSC.325(90) a new regulation 5-2 has been adopted to SOLAS Chapter VI that includes two

requirements for the carriage of cargoes. The first requirement is the prohibition of physical blending of

bulk liquid cargoes during the sea voyages and the second requirement the prohibition of any

production process on board a ship during sea voyages.

Prohibition of the blending of bulk liquid cargoes

As per new regulation 5-2 of SOLAS/VI the blending of bulk liquid cargoes during the voyage is

forbidden. However, as per paragraph 1 of the new regulation this prohibition does not prevent the

master from undertaking cargo transfers for the safety of the ship or protection of the marine

environment. Also, as per paragraph 2 of the same regulation, this prohibition does not apply to the

blending of product for use in the search and exploitation of seabed mineral resources on board ships

used to facilitate such operations.

Prohibition of any production process

With the new regulation 5-2 any production process on board a ship during sea voyages is also

banned. As per paragraph 3 of the new regulation, production processes refer to any deliberate

operation whereby a chemical reaction between a ship’s cargo and any other substance or cargo takes

place. As with the prohibition of the blending of bulk liquid cargoes, this prohibition does not apply to

the production processes of cargoes for use in the search and exploitation of seabed mineral resources

on board ships used to facilitate such operation.

Applicability

Ship Type GT Date of entry into force

All ships which carry bulk liquid

cargoes*

Irrespective of size 01 January 2014

*Prohibition of blending of product and production process of cargoes for use in the search and exploitation of seabed mineral source will be

exempted from these requirements.

Act now

Ship owners should develop procedures or issue instructions to assure that the Master and crew are

aware of these prohibitions.