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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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Monday, 28 May 18
KOMIPO ISSUED ANOTHER TENDER FOR 130K MT OF 5700 NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130,000 mt of min. 5700 NAR coal of Australian origi ...
Thursday, 24 May 18
SUPRAS FIXING AROUND USD 15000 FOR INDO TO CHINA COAL TRIPS - FEARNLEYS
Capesize
Both the physical and the paper market have dropped sharply the last couple of days on the back of a lack of fresh cargoes and a growing ...
Thursday, 24 May 18
FITCH: FALLING COAL INVESTMENT TO SUPPORT ASIAN PRICES
Press Release: The long-term outlook for the Asian thermal coal prices is improving, amid rising regional demand and falling mining investment, whi ...
Thursday, 24 May 18
BEIJING ORDERS UTILITIES, MINERS TO HELP COOL RED-HOT COAL MARKET: SOURCES - REUTERS
China’s state planner ordered utilities this week to stop stockpiling thermal coal and told miners to slash prices, two sources familiar with ...
Wednesday, 23 May 18
TANKER MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last six months we have seen more than 110 reported tanker transactions involving tonnage larger than 32k dwt and younger than 18 years old. ...
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Showing 1716 to 1720 news of total 6871 |
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- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
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