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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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Friday, 18 May 18
AFTER COAL, INDONESIAN GOVERNMENT PUSHES DMO ON GAS FOR ELECTRICITY
After introducing its domestic market obligation (DMO) policy for coal on March 12, the government is going forward with its plan to introduce a DM ...
Friday, 18 May 18
INDONESIA'S SAMARINDA ANCHORAGE COAL LOADING ACTIVITIES WERE RESUMED YESTERDAY AT 4PM LOCAL TIME
Samarinda Anchorage coal loading activities were resumed yesterday at 4PM local time.
Local fishermen in Samarinda Anchorage have been demonst ...
Wednesday, 16 May 18
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Half-way through the second quarter of the year and as the Posidonia week approaches everyone is getting ready for this unique gathering that besid ...
Thursday, 10 May 18
PRIVATE POWER PRODUCERS NEED A 'POWERFUL PUSH' - PRADEEP MITTAL
- PLF of the Private Sector in the country (Coal and Lignite based) for FY 2017-18 (till Dec 2017) is 56%.
- 51 GW of stressed assets (Thermal &a ...
Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indones ...
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Showing 1721 to 1725 news of total 6871 |
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- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- The University of Queensland
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
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