COALspot.com keeps you connected across the coal world
  • MAY 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 81.86 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Thursday, 26 April 18
BALTIC EXCHANGE LAUNCHES ESCROW SERVICE FOR VESSEL SALES
Baltic ExchangeThe Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exchange members to take advantage of the Exchange’s trusted position in the marketplace when undertaking the sale or purchase of a vessel.

Announcing the initiative today (25 April) at its Freight & Commodities Forum during Singapore Maritime Week, the paid-for service will be available for use in transactions where the buyer of the vessel is a Baltic Exchange member. The service is likely to be extended to disputes related payments.

The Escrow Service will be run by the Baltic Exchange’s Asia office in Singapore and will be subject to the Singapore Exchange’s (SGX) detailed compliance and money laundering procedures. OCBC Bank will be providing the joint deposit account.

Headed up by the Baltic Exchange’s Head of Asia-Pacific, Chris Jones, a sale & purchase broker with over 40 years of experience, the service will initially be offered from Singapore with a view to further expansion to other Asian shipping centres.

Chris Jones said, “Having the Baltic Exchange provide this service solves the problem as to where the deposit should be held in a vessel transaction. Buyer and seller alike can be certain that the Baltic Exchange will apply its high standards of compliance as well as have a full understanding of the complexities of any maritime transaction.”

He added, “This service will add real value to the many sale & purchase brokers who are Baltic members and are currently expected to provide this service to clients. It will allow them to undertake the highest level of due diligence and compliance checks, reduce the administrative burden of organising a client escrow account and allow them to focus on adding value to the transaction.”

The service will go live in May 2018 and will cost US$ 5,000 per side.
Source: Baltic Exchange


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 24 April 19
SHIPPING MARKET INSIGHT - IS THIS A BANKERS' MARKET? - INTERMODAL
Over the last 10 years, many of the traditional and top lending banks have made the decision to either downsize their portfolios or even exit shipp ...


Monday, 22 April 19
COAL INDIA TO ASK POWER PLANTS TO CUT COAL IMPORTS - DNA
Co to encourage import substitution with domestic supplies at power plants   Surge in coal imports has now forced Coal India Ltd (CIL) ...


Thursday, 18 April 19
BIMCO SEES HARD TIMES AHEAD FOR CAPESIZES
China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Ca ...


Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
Once again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost ...


Wednesday, 17 April 19
LNG WESTERN AFRICA CONFERENCE 2019
The only LNG Focus Platform to Accelerate Investment and Cooperation in Western African Countries   LNG Western Africa Conference 2019 ...


   2 3 4 5 6   
Showing 16 to 20 news of total 5472
News by Category
Popular News
 
Total Members : 26,167
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • IOL Indonesia
  • Trasteel International SA, Italy
  • PLN - Indonesia
  • Bangkok Bank PCL
  • Independent Power Producers Association of India
  • Orica Australia Pty. Ltd.
  • Kumho Petrochemical, South Korea
  • Freeport Indonesia
  • Karaikal Port Pvt Ltd - India
  • Rio Tinto Coal - Australia
  • SUEK AG - Indonesia
  • Metalloyd Limited - United Kingdom
  • Carbofer General Trading SA - India
  • Coastal Gujarat Power Limited - India
  • Aditya Birla Group - India
  • DBS Bank - Singapore
  • Ministry of Mines - Canada
  • Indian School of Mines
  • Indonesian Coal Mining Association
  • IMC Shipping - Singapore
  • Shenhua Group - China
  • Lanco Infratech Ltd - India
  • Mitsubishi Corporation
  • BNP Paribas - Singapore
  • Minerals Council of Australia
  • Vale Mozambique
  • Surastha Cement
  • ASAPP Information Group - India
  • EMO - The Netherlands
  • Arch Coal - USA
  • Glencore India Pvt. Ltd
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Madhucon Powers Ltd - India
  • Bank of America
  • Kartika Selabumi Mining - Indonesia
  • Mitsui
  • Meenaskhi Energy Private Limited - India
  • Japan Coal Energy Center
  • Altura Mining Limited, Indonesia
  • Mintek Dendrill Indonesia
  • Xstrata Coal
  • Toyota Tsusho Corporation, Japan
  • Samtan Co., Ltd - South Korea
  • India Bulls Power Limited - India
  • Oldendorff Carriers - Singapore
  • Borneo Indobara - Indonesia
  • Electricity Generating Authority of Thailand
  • Maheswari Brothers Coal Limited - India
  • Thai Mozambique Logistica
  • Heidelberg Cement - Germany
  • Coeclerici Indonesia
  • Bhatia International Limited - India
  • Pendopo Energi Batubara - Indonesia
  • Mjunction Services Limited - India
  • Antam Resourcindo - Indonesia
  • Interocean Group of Companies - India
  • Gujarat Sidhee Cement - India
  • Timah Investasi Mineral - Indoneisa
  • Merrill Lynch Commodities Europe
  • Essar Steel Hazira Ltd - India
  • Inspectorate - India
  • Gupta Coal India Ltd
  • Directorate Of Revenue Intelligence - India
  • Jaiprakash Power Ventures ltd
  • Indonesia Power. PT
  • Chamber of Mines of South Africa
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Wood Mackenzie - Singapore
  • Holcim Trading Pte Ltd - Singapore
  • Sakthi Sugars Limited - India
  • Mechel - Russia
  • Port Waratah Coal Services - Australia
  • VISA Power Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • APGENCO India
  • Ministry of Finance - Indonesia
  • Fearnleys - India
  • GHCL Limited - India
  • Asia Cement - Taiwan
  • Edison Trading Spa - Italy
  • Permata Bank - Indonesia
  • Parry Sugars Refinery, India
  • J M Baxi & Co - India
  • JPower - Japan
  • Karbindo Abesyapradhi - Indoneisa
  • Directorate General of MIneral and Coal - Indonesia
  • Bharathi Cement Corporation - India
  • OCBC - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Russian Coal LLC
  • Ministry of Transport, Egypt
  • Enel Italy
  • JPMorgan - India
  • Intertek Mineral Services - Indonesia
  • NALCO India
  • Star Paper Mills Limited - India
  • Grasim Industreis Ltd - India
  • Australian Commodity Traders Exchange
  • Barasentosa Lestari - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Asian Development Bank
  • Bank of China, Malaysia
  • Maersk Broker
  • SGS (Thailand) Limited
  • Ceylon Electricity Board - Sri Lanka
  • PetroVietnam Power Coal Import and Supply Company
  • Parliament of New Zealand
  • MEC Coal - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • GVK Power & Infra Limited - India
  • Savvy Resources Ltd - HongKong
  • Moodys - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Energy Link Ltd, New Zealand
  • Alfred C Toepfer International GmbH - Germany
  • Berau Coal - Indonesia
  • Power Finance Corporation Ltd., India
  • Ernst & Young Pvt. Ltd.
  • Deloitte Consulting - India
  • The Treasury - Australian Government
  • Maharashtra Electricity Regulatory Commission - India
  • NTPC Limited - India
  • Global Coal Blending Company Limited - Australia
  • Bhushan Steel Limited - India
  • Tamil Nadu electricity Board
  • Bangladesh Power Developement Board
  • Argus Media - Singapore
  • Platts
  • Ambuja Cements Ltd - India
  • Coal India Limited
  • Larsen & Toubro Limited - India
  • Sindya Power Generating Company Private Ltd
  • Coal and Oil Company - UAE
  • Orica Mining Services - Indonesia
  • Goldman Sachs - Singapore
  • Malabar Cements Ltd - India
  • Economic Council, Georgia
  • Thiess Contractors Indonesia
  • Total Coal South Africa
  • Salva Resources Pvt Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • MS Steel International - UAE
  • KOWEPO - South Korea
  • Adani Power Ltd - India
  • Price Waterhouse Coopers - Russia
  • ANZ Bank - Australia
  • Mitra SK Pvt Ltd - India
  • CCIC - Indonesia
  • Peabody Energy - USA
  • IBC Asia (S) Pte Ltd
  • Cigading International Bulk Terminal - Indonesia
  • London Commodity Brokers - England
  • BRS Brokers - Singapore
  • SRK Consulting
  • The India Cements Ltd
  • Adaro Indonesia
  • Posco Energy - South Korea
  • WorleyParsons
  • TNB Fuel Sdn Bhd - Malaysia
  • Georgia Ports Authority, United States
  • TANGEDCO India
  • Infraline Energy - India
  • GMR Energy Limited - India
  • Thriveni
  • TeaM Sual Corporation - Philippines
  • Agrawal Coal Company - India
  • Ind-Barath Power Infra Limited - India
  • KPMG - USA
  • Vitol - Bahrain
  • bp singapore
  • SASOL - South Africa
  • Noble Europe Ltd - UK
  • Core Mineral Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • PetroVietnam
  • Eastern Coal Council - USA
  • Neyveli Lignite Corporation Ltd, - India
  • CESC Limited - India
  • Indogreen Group - Indonesia
  • World Coal - UK
  • Cosco
  • Binh Thuan Hamico - Vietnam
  • EIA - United States
  • Cemex - Philippines
  • KPCL - India
  • Indika Energy - Indonesia
  • Eastern Energy - Thailand
  • Rudhra Energy - India
  • Maybank - Singapore
  • Credit Suisse - India
  • World Bank
  • RBS Sempra - UK
  • Sical Logistics Limited - India
  • Tanito Harum - Indonesia
  • GNFC Limited - India
  • Commonwealth Bank - Australia
  • Cardiff University - UK
  • ACC Limited - India
  • Platou - Singapore
  • Singapore Mercantile Exchange
  • McConnell Dowell - Australia
  • Planning Commission, India
  • Inco-Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Aboitiz Power Corporation - Philippines
  • Vizag Seaport Private Limited - India
  • Cement Manufacturers Association - India
  • Geoservices-GeoAssay Lab
  • Britmindo - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Panama Canal Authority
  • Central Java Power - Indonesia
  • Tata Chemicals Ltd - India
  • South Luzon Thermal Energy Corporation
  • Coaltrans Conferences
  • Miang Besar Coal Terminal - Indonesia
  • PTC India Limited - India
  • Clarksons - UK
  • Pinang Coal Indonesia
  • GB Group - China
  • Siam City Cement - Thailand
  • Anglo American - United Kingdom
  • U S Energy Resources
  • European Bulk Services B.V. - Netherlands
  • Samsung - South Korea
  • Jorong Barutama Greston.PT - Indonesia
  • Coal Orbis AG
  • globalCOAL - UK
  • Attock Cement Pakistan Limited
  • Mercuria Energy - Indonesia
  • Sojitz Corporation - Japan
  • Africa Commodities Group - South Africa
  • IEA Clean Coal Centre - UK
  • Petrochimia International Co. Ltd.- Taiwan
  • PowerSource Philippines DevCo
  • Deutsche Bank - India
  • White Energy Company Limited
  • Cargill India Pvt Ltd
  • Asmin Koalindo Tuhup - Indonesia
  • Latin American Coal - Colombia
  • Renaissance Capital - South Africa
  • Straits Asia Resources Limited - Singapore
  • GAC Shipping (India) Pvt Ltd
  • Medco Energi Mining Internasional
  • Kideco Jaya Agung - Indonesia
  • KEPCO - South Korea
  • Makarim & Taira - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Thermax Limited - India
  • ING Bank NV - Singapore
  • Barclays Capital - USA
  • Merrill Lynch Bank
  • New Zealand Coal & Carbon
  • Coalindo Energy - Indonesia
  • Malco - India
  • Formosa Plastics Group - Taiwan
  • Central Electricity Authority - India
  • Thomson Reuters GRC
  • Mercator Lines Limited - India
  • Videocon Industries ltd - India
  • Sree Jayajothi Cements Limited - India
  • Bulk Trading Sa - Switzerland
  • CIMB Investment Bank - Malaysia
  • Humpuss - Indonesia
  • Xindia Steels Limited - India
  • Romanian Commodities Exchange
  • Ince & co LLP
  • Indo Tambangraya Megah - Indonesia
  • Wilmar Investment Holdings
  • Chettinad Cement Corporation Ltd - India
  • IHS Mccloskey Coal Group - USA
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Runge Indonesia
  • LBH Netherlands Bv - Netherlands
  • Jindal Steel & Power Ltd - India
  • PNOC Exploration Corporation - Philippines
  • Indian Oil Corporation Limited
  • Bayan Resources Tbk. - Indonesia
  • Riau Bara Harum - Indonesia
  • Sucofindo - Indonesia
  • ICICI Bank Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Tata Power - India
  • Gujarat Electricity Regulatory Commission - India
  • Jatenergy - Australia
  • HSBC - Hong Kong
  • Banpu Public Company Limited - Thailand
  • Australian Coal Association
  • Siam City Cement PLC, Thailand
  • Idemitsu - Japan
  • CNBM International Corporation - China
  • OPG Power Generation Pvt Ltd - India
  • McKinsey & Co - India
  • Bukit Makmur.PT - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Standard Chartered Bank - UAE
  • Vijayanagar Sugar Pvt Ltd - India
  • Qatrana Cement - Jordan
  • SMG Consultants - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Maruti Cements - India
  • Shree Cement - India
  • Vedanta Resources Plc - India
  • Kaltim Prima Coal - Indonesia
  • The University of Queensland
  • Dalmia Cement Bharat India
  • Simpson Spence & Young - Indonesia
  • Uttam Galva Steels Limited - India
  • Thailand Anthracite
  • Reliance Power - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Lafarge - France
  • Gresik Semen - Indonesia
  • Bhoruka Overseas - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Petrosea - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Marubeni Corporation - India
  • Kobe Steel Ltd - Japan
  • CoalTek, United States
  • UOB Asia (HK) Ltd
  • Indorama - Singapore
  • Billiton Holdings Pty Ltd - Australia
  • TNPL - India
  • PLN Batubara - Indonesia
  • Arutmin Indonesia
  • ETA - Dubai
  • The State Trading Corporation of India Ltd
  • Leighton Contractors Pty Ltd - Australia
  • UBS Singapore