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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, 11 December 18
PORT OF NEWCASTLE SHIPPED 10.849 MMT OF COAL IN NOVEMBER DOWN 23.44 PERCENT MOM
COALspot.com: The Port of Newcastle, Australia’s major trading port and the world’s largest coal export port has shipped A$ 1,574.8 mil ...
Thursday, 06 December 18
IN THE EAST, BIGGER SUPRA WAS FIXED CA US$ 10K FOR INDO-CHINA COAL ROUND - FEARNLEYS
Capesize
There is cautious optimism for the Capes, with healthier volumes and improving rates in the Pacific. West Australia round is gradually ...
Thursday, 06 December 18
U.S. COAL CONSUMPTION IN 2018 EXPECTED TO BE THE LOWEST IN 39 YEARS - EIA
EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U ...
Thursday, 06 December 18
DEMAND RISKS WEIGH ON GLOBAL SHIPPING SECTOR OUTLOOK - FITCH RATINGS
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings say ...
Thursday, 06 December 18
CHINA REVISES MANAGEMENT RULES ON ESTABLISHMENT OF FULLY FOREIGN-OWNED SHIPPING BUSINESSES - XINHUA
Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on ...
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Showing 1536 to 1540 news of total 6871 |
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- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
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