(PRWEB) April 3, 2007
From 1 January 2007, Tank operators, Vessel/ shipowners, Ship brokers, Chartering managers are required to adopt new Maritime regulatory changes by MARPOL Annex II . Vegetable Acids Oils, Vegetable Fatty Acid Distillates and Fatty Acid Methyl Esters, produced from vegetable are included in the IBC Code thereby require Chemicals, Vegetable oil, Palm Oil, Clean Petroleum Products (CPP) shipment only to be carried in bulk by sea in International Maritime Organisation (IMO), IMO type II tankers- double-hulled chemical carriers.
As a result of increased freight rates and competition for tonnage supply has encouraged smaller tanker players to hedge long term contracts of affreightments (COAs).
Jatropha oil on the hand, must be categorised by the International Maritime Organisation before its methyl esters may be transported unless they are shipped under a tripartite agreement between the exporting and importing countries and the flag state of the ship, which involves more paperwork.
Ports, terminals and distribution channels must forecast future trade patterns affecting Bulk liquid storage capacity, specifications of ASTM B20 B5 or EN14214, safe handling, integrated blending & distribution facilities for biodiesel and fuel ethanol. These are some of the issues to be highlighted at Biofuels and Supply Chain , Singapore, 7-8 June 2007.
Other key sessions include:
- upstream feedstock & production integration
- trading and risk management
- shipping, storage and handling
- legislation and tariffs on import/export
- blending and quality assurance
To view more information about Biofuels and Supply Chain , visit:
About Centre for Management Technology (CMT)
Today in its 23 years of operation, CMT is dedicated to the provision of the latest global technology and business information in the petrochemical industry through high profile conferences focusing on renewable energy sources. Organization of leading conferences on Liquid Natural Gas, LPG, future fuels like Biodiesel, Biofuels and alternative energy like Coal to Liquids, Gas to Liquids, Bio mas s to Liquid Technology has established CMT as the market leader in promoting this nascent industry as an alternative global powerhouse.
Press Contact :
Tel: 65 63469146