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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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Thursday, 19 May 16
AUSTRALIAN IRON ORE CARGOES PUSHED UP THE FREIGHT RATES FOR CAPE THIS WEEK - FEARNLEYS
Cape
It has been a big jump in the freight rates for Cape size this week, says Fearnleys in its latest weekly report. All of the Australian iron ...
Thursday, 19 May 16
DISPUTE OVER VAT ON COAL DRAGS ON, CAUSING DOUBLE-BLOW TO MINERS - JP
The dispute over the value-added tax ( VAT ) mechanism between coal miners operating under third-generation contracts and the Finance Ministry&rsqu ...
Wednesday, 18 May 16
DRY BULK OUTLOOK REMAINS GLOOMY SAYS DANISH SHIP FINANCE, AS SHIPPING NEEDS TO RETHINK BUSINESS MODEL - HELLENIC SHIPPING
Our Shipping Market Review – May 2016 is devoted to the fourth industrial revolution. To understand the truly disruptive nature of the fourth ...
Wednesday, 18 May 16
LONG TERM FUNDAMENTALS ARE SLOWLY IMPROVING FOR THE DRY BULK MARKET - INTERMODAL
As we are approaching the end of the first half of the year, there is a number of market participants over at the dry bulk sector that have started ...
Tuesday, 17 May 16
INDONESIAN COAL PRICE REFERENCE DECLINE AGAIN
COALspot.com: The Indonesia Coal Benchmark Price declined in May 2016.
The Director General of Mineral and Coal of Indonesia, the regulator of ...
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Showing 2426 to 2430 news of total 6871 |
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- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- The University of Queensland
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
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