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Wednesday, 20 February 19
EFFECTIVE NOTICES OF ARBITRATION - AVOIDING WASTED COSTS AND A POTENTIALLY TIME-BARRED CLAIM
 KNOWLEDGE TO ELEVATE
In a recent case, The Amity [2017], charterers successfully set aside an arbitration award on the basis that owners had not effectively served their notice of arbitration upon charterers since the person to whom owners had sent their arbitration notice, claim submissions and communications, whilst an employee of charterers, did not have actual or implied authority to accept service of proceedings on behalf of charterers. This meant that owners had to start the arbitration proceedings again if they wanted to pursue their claim in arbitration, wasting the legal and tribunal costs it had incurred in obtaining the award and also running the risk that owners’ claim had become time-barred.
To counteract this risk, the Club recommends that Members adopt the LMAA Arbitration Notice Clause in their charter parties, as quoted below, with each party specifying at least one individual and one generic email address:
“LMAA ARBITRATION NOTICE CLAUSE
Any and all notices and communications in relation to any arbitration proceedings arising in connection with this contract (including any communications giving notice of the commencement of such proceedings and/or appointment of an arbitrator) shall be treated as effectively served if sent by e-mail to the e-mail addresses as provided for in this clause (it is strongly recommended that at least one individual, together with their individual e-mail address, is named for service purposes but a general e-mail address may also be included or used in the alternative):
• E-mail address for Owners [owners should insert at least one individual and one general email address here]
• E-mail address for Charterers [charterers should insert at least one individual and one general email address here]
Either party shall be entitled to change and/or add to the e-mail addresses to which notices and communications may be sent for purposes of this clause by sending notice of change to the other party at the e-mail address provided for in this clause (or, if previously amended by notice, the relevant amended address).
Any notice and communication sent by e-mail pursuant to this clause shall be deemed to have been served, and become effective, from the date and time the e-mail was sent.
If a party retains solicitors or representatives with authority to accept service of notices and communications in relation to arbitration proceedings, the other party should be advised of the appointment and new service details in accordance with the terms of this clause; future service and communications should then be sent to the nominated solicitors or representatives only (unless otherwise directed). In the event the solicitors or other representatives cease to act and notice is given of this to the other party, the provisions contained herein shall re-apply.”
Source: West of England
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Thursday, 21 March 19
PRICE PLUNGE AS CHINESE LEAVE THERMAL COAL OUT IN THE COLD - AUSTRALIAN FINANCIAL REVIEW
Thermal coal exporter New Hope Corporation says China’s shipment squeeze on Australia is putting downward pressure on prices in all markets i ...
Wednesday, 20 March 19
COAL EXPORT FEARS RESURFACE AS RESTRICTIONS HIT MORE CHINESE PORTS AND AUSTRALIAN PRICES COP A 'BELTING' - ABC
Australian thermal coal exports to China are under increasing pressure, with indications import restrictions are spreading to other key ports.
...
Monday, 18 March 19
A 56,000DWT SHIP FIXED DELIVERY FOR A SINGAPORE TRIP VIA INDONESIA, RE-DELIVERY CHINA, AT $10,000 - BALTIC BRIEFING
Capesize
The Baltic Capesize market shrugged off its recent negative sentiment to post daily incremental improvements over the last week. Pacif ...
Saturday, 16 March 19
AUSTRALIAN COAL STILL FACING CHINESE DELAY - AAP
Australian coal exports to China are still facing delays, with protectionism and environmental checks blamed for the slowdown.
Coal ...
Thursday, 14 March 19
SUPRAMAX: INDO COAL CARGOES GETTING FIXED AT AROUND US$ 12000 TO CHINA - FEARNLEYS
Capesize
Average daily earning still well below operating costs, and owners keep bleeding - but nevertheless finally some bright spots for the ...
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Showing 1446 to 1450 news of total 6871 |
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- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Minerals Council of Australia
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
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