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Tuesday, 26 July 16
NORTH P&I CLUB EXPLAINS HOW TO AVOID CLAIMS FOR SELF-COOKING SOYA BEANS
KNOWLEDGE TO ELEVATE
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they do not get blamed for cargoes that start ‘cooking’ at sea. The advices comes in the latest issue of its loss prevention newsletter Signals.
According to North’s loss prevention director Tony Baker, ‘We have recently experienced a number of high value claims in China associated with damage to soya beans exported from South America. The damage is caused by excessively warm or moist cargoes starting to self-heat, which leads to the cargo becoming mouldy, caked or discoloured.’
He says China Inspection and Quarantine may test any suspect cargo on arrival but the ship may not necessarily be aware of the results. A cargo damage claim may result with a threat of arrest unless a large security payment is made.
‘Though the ship has done nothing to cause the damage, its negotiating position can be weak without detailed evidence from the load port and during the voyage,’ says deputy loss prevention director Colin Gillespie. ‘Good evidence will significantly strengthen this position.’
He says soya beans generally have a long shelf life provided they remain below 25°C and contain no more than 11.5% moisture. ‘The 40-day voyage between Brazil and China should not be a problem,’ says Gillespie. ‘If beans are loaded at 25–35°C and their moisture content is above 11.5% they will potentially start to self-heat after a period as short as 20 days – putting the ship at real commercial risk.’
North says recent cargoes of soya beans loaded in Brazil at over 30°C and with an average moisture content of 12.6% have self-heated. ‘In such situations it is vital for masters to have evidence of the loading conditions, ideally in the form of a load-port certificate of quality from the seller recording actual average moisture content,’ says Gillespie.
‘Masters should also consider taking their own samples for comparison, as well as a photographic record of the loading. In addition they need to keep temperature and ventilation records throughout the voyage. While ventilation has minimal effect on self-heating, accurate records will help avoid any suggestion that ventilation, or lack of it, was responsible for damaging an already unstable cargo.’
Source: North P&I Club | Hellenic Shipping News
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Friday, 01 July 16
BREXIT SET TO HURT SHIPPING IN THE LONG-TERM AS IT WILL TAKE ITS TOLL IN THE GLOBAL ECONOMY'S GROWTH - HELLENIC SHIPPING
Setting aside the short-term negative impact of the Brexit, in terms of stock market and currency volatility, it’s more than evident that the ...
Friday, 01 July 16
U.S'S COAL EXPORTS HAVE DECLINED FOR TWELVE QUARTERS IN A ROW - EIA
COALspot.com – U.S, world’s one of the largest coal producers has produced approximately totalled an estimated 13.7 million short t ...
Thursday, 30 June 16
CAPE - THIS WEEK'S FREIGHT AND ACTIVITY LEVEL HAVE KEPT STABLE - FEARNLEYS
Cape
This week’s freight and activity level have kept stable. It is support at the present levels and despite a volatile market the freight ...
Thursday, 30 June 16
OIL PRODUCT TANKERS EARNINGS DECLINE AS STOCKBUILDING SLOWS DOWN - BIMCO
BIMCO’s expectations remain as the oil product tanker fleet continues to grow with earnings at the lowest since Q3 in 2014. But there is stil ...
Wednesday, 29 June 16
THE DRY BULK INDICES, OPPOSITE TO MOST GLOBAL MARKET INDICES, ROSE END OF LAST WEEK
Last week closed off with a massive shockwave for markets across the world following the British referendum, the result of which will mark the begi ...
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- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- White Energy Company Limited
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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