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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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Tuesday, 22 January 19
AUSTRALIA'S YANCOAL PRODUCED 50 MMT SALEABLE COAL IN 2018 UP 59 PER CENT ON THE YEAR PRIOR, THE QUARTERLY REPORT SHOWS
According to the report, the miner's quarterly (Q4' 18) saleable coal production of 12.4 Mmt. Includes 10.5 Mmt (85 per cent) from the Comp ...
Monday, 21 January 19
KOSPO INVITING BIDS FOR 320K MT OF LOW CALORIFIC VALUE COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV low calo ...
Monday, 21 January 19
SUPRAMAX: INDONESIAN COAL RUNS, TONNAGE WAS GIVING APS DELIVERIES AND A 57,000DWT SHIP FIXED AT $7,000 FOR A TRIP TO WEST COAST INDIA - BALTIC BRIEFING
Capesize
A positive end to a week that saw rates on the West Australia/China run slip below $6.00, as charterers faced a plentiful supply ...
Monday, 21 January 19
HARD COAL WORLD TRADE IN 2018 RISES BY 3.7 PER CENT; GLOBAL HARD COAL PRODUCTION INCREASES BY 1.7 PER CENT - VDKI
Global Hard Coal Production Increases By 1.7%.
According to provisional calculations by the German Coal Importer Association (VDKi), ...
Sunday, 20 January 19
OIL MARKET REPORT: A MARATHON, NOT A SPRINT - IEA
Last month, we asked if there was a floor under prices following the signing of a new Vienna Agreement that aims to re-balance the oil market. Foll ...
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Showing 1486 to 1490 news of total 6871 |
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- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
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