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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, 07 May 18
BENCHMARK PRICE OF INDONESIAN THERMAL COAL DROPPED BACK BELOW $90 A TON THIS MONTH
COALspot.com: According to latest ministerial decree No. 1812 K/30/MEM/2018 dated 3 May 2018, the Indonesian Coal Price Reference (HBA) decline 5.5 ...
Monday, 07 May 18
SOUTH KOREA STATE-OWNED UTILITY KOREA MIDLAND POWER ISSUED A TENDER FOR 1 MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 mt of min. 5700 NAR coal of Australian origi ...
Monday, 07 May 18
GLOBAL COAL DEMAND ROSE ABOUT 1% IN 2017; ASIA ACCOUNTED FOR THE LARGEST INCREASE IN COAL DEMAND, UP 35 MTOE RELATIVE TO 2016 - IEA
Global coal demand rose about 1% in 2017, reversing the declining trend seen over the last two years. This growth was mainly due to demand in Asia, ...
Friday, 04 May 18
ELECTRICITY GENERATION FROM RENEWABLES WAS SECOND ONLY TO COAL IN 2017 - IEA
World electricity demand increased by 3.1 %, significantly higher than the overall increase in energy demand. Together, China and India accounted f ...
Thursday, 03 May 18
SUPRAMAX: INDO - CHINA COAL ROUNDS ARE PAYING IN THE LOW-MID $12000 BSS SINGAPORE DELIVERY - FEARNLEYS
Supramax
As expected a slow and uneventful start to the week with holidays in many countries, however by mid-week some fresh requirements and pos ...
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Showing 1726 to 1730 news of total 6871 |
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- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Parliament of New Zealand
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- London Commodity Brokers - England
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- The University of Queensland
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
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