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Thursday, 26 April 18
BALTIC EXCHANGE LAUNCHES ESCROW SERVICE FOR VESSEL SALES
 The 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
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Wednesday, 30 May 18
HIGH PRICE, DMO ENCOURAGE COAL MINERS TO BOOST PRODUCTION - THE JAKARTA POST
A number of coal miners are planning to increase production by 10 percent in the second half of this year after a worldwide price increase.
Th ...
Wednesday, 30 May 18
SHIPPING MARKET INSIGHT - ILIAS M. LALAOUNIS
Among several hot topics that will be discussed during the Posidonia week, the International Maritime Organization regulation that will be enforced ...
Tuesday, 29 May 18
BLOCKCHAIN CAN HAVE A TRANSFORMATIVE EFFECT ON THE SHIPPING INDUSTRY
KNOWLEDGE TO ELEVATE
Following the launch of a legal briefing on blockchain contracts from UK P&I Club, Claims Executive, Filip Koscieleck ...
Tuesday, 29 May 18
INDIA'S COAL IMPORT DECLINES IN APRIL AMID DIVERSION TO THERMAL POWER PLANTS - PTI
India’s coal import fell by 9 percent to 17.32 million tonnes (MT) in April on the back of ample supply of dry fuel from domestic sources.
...
Monday, 28 May 18
COAL SUPPLY DIVERSION IRKS INDUSTRIES DEPENDENT ON CAPTIVE POWER PLANTS - HINDU BUSINESS LINE
The government’s move to prioritise coal supplies to power plants with minimal coal stock has disrupted fuel supply to some sectors, which ha ...
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Showing 1711 to 1715 news of total 6871 |
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- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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