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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, 10 January 19
BUNKER DELIVERY NOTE AMENDMENTS ENTER INTO FORCE AS SULPHUR 2020 REQUIREMENT LOOMS - IMO
KNOWLEDGE TO ELEVATE
Amendments to the bunker delivery note relating to the supply of marine fuel oil to ships which have fitted alternative m ...
Thursday, 10 January 19
WORLD TRADE IN THERMAL COAL IS ESTIMATED TO HAVE GROWN BY 1.0 PER CENT IN 2018 - DEPARTMENT OF INDUSTRY, AUSTRALIA
World Trade
World trade in thermal coal is estimated to have grown by 1.0 per cent to 1.1 billion tonnes in 2018 but it is expected to decline ...
Thursday, 10 January 19
PAKISTAN'S COAL IMPORTS TO SURGE TO 30 MILLION TONS PER ANNUM BY 2020 - CEO, PIB
Pakistan’s coal imports are estimated to surge to 30 million tons/annum from existing 20 million tons/annum by the year 2020, given the plann ...
Wednesday, 09 January 19
PANAMAX: THE PACIFIC SAW RELATIVELY GOOD DEMAND PARTICULARLY FROM INDONESIA AND NOPAC - BALTIC BRIEFING
Capesize
It was an active start to the New Year, with trading from West Australia maintaining momentum during the holiday period. Rates for Chi ...
Wednesday, 09 January 19
SHIPPING MARKET INSIGHT - INERMODAL
Paraphrasing the words of a Chief economist in a latest report of the World Bank Group, the current state of the shipping market very much resemble ...
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Showing 1496 to 1500 news of total 6871 |
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- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- The University of Queensland
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- MS Steel International - UAE
- Minerals Council of Australia
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
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