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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, 18 December 18
TOBA BARA ACQUIRES SHARES OF PT BATU HITAM PERKASA
PT Toba Bara Sejahtra Tbk, through its subsidiary PT Toba Bara Energi (“TBE”), has acquired shares ...
Monday, 17 December 18
SUPRAMAX THERE WAS STRONGER DEMAND FROM SOUTHEAST ASIA, WITH MORE COAL BEING SHIPPED - BALTIC BRIEFING
Capesize
A positive end to last week after a somewhat uncertain start as some gains made were eroded. Rates recovered later for West Australia/ ...
Monday, 17 December 18
SOUTH KOREA STATE-OWNED UTILITY KOREA EAST-WEST POWER CO. LTD ISSUED A TENDER FOR MAX 3.220 MILLION TONS OF 4200 TO 5900 NAR COAL
COALspot.com: South Korea state-owned utility Korea East-West Power Co. Ltd (EWP) issued a tender for max 3,220,000 Metric Tons of coal to be loade ...
Saturday, 15 December 18
COMING CHANGES IN MARINE FUEL SULFUR LIMITS WILL AFFECT GLOBAL OIL MARKETS - EIA
International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel operat ...
Friday, 14 December 18
KOSPO INVITED BIDS FOR 320,000 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 4,300 kcal/kg NCV coal per ...
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Showing 1526 to 1530 news of total 6871 |
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- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Aditya Birla Group - India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- PTC India Limited - India
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Planning Commission, India
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
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