COALspot.com keeps you connected across the coal world

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


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, 13 June 18
SHIPPING MARKET INSIGHT - SOPHIE COTZIAS
2018 marks quite a few milestones for Greek Shipping. No need to detail again the greatness of Greek Shipping or the singular position that Greek s ...


Monday, 11 June 18
AUSTRALIAN COAL PRICES HIT 6-YEAR HIGH AS ASIA DEMAND SPIKES - REUTERS
Australian thermal coal prices have risen to their highest level since 2012 as hot weather across North Asia spurs buying ahead of the peak summer ...


Monday, 11 June 18
ANALYSING A NEW AGE OF AUTONOMOUS VESSELS - IMO
The International Maritime Organization answers the questions of Government Europa on how the next generation of autonomous vessels can be regulate ...


Friday, 08 June 18
AUSTRALIAN THERMAL COAL PRICES SURGE AS ASIA DEMAND HEATS UP - REUTERS
Australian thermal coal prices have hit their highest level since late 2016 as the market heats up on strong demand across North Asia and China in ...


Wednesday, 06 June 18
SHIPPING MARKET INSIGHT - KATERINA RESTIS
As observed last month the price of oil hit its highest level since November 2014 reaching $80 per barrel. Global oil demand growth for 2018 was sl ...


   339 340 341 342 343   
Showing 1701 to 1705 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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