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Friday, 14 June 19
ELECTRONIC (PAPERLESS) TRADING - SKULD
KNOWLEDGE TO ELEVATE
Electronic Shipping Solutions: Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platform)
This circular informs Members of the approval by the International Group of P&I Clubs (the Group) of Global Share S.A. edoxOnline platform. Members may recall, as reported in Circular of 27 October 2015, that until February 2010 the Rules of all of the Group Clubs specifically excluded liabilities in respect of the carriage of cargo under all electronic, i.e. paperless, trading systems to the extent that the liabilities under such systems would not have arisen under a ‘normal’ paper system i.e. one using transferable paper documentation.
From 20 February 2010 liabilities arising in respect of the carriage of cargo under such paperless trading systems were covered, provided that the system had first been approved by the Group. Since then the Group has approved electronic i.e. paperless systems administered by Electronic Shipping Solutions, by Bolero International Ltd (more specifically the Rulebook/Operating procedures September 1999.) e-titleTM solution and now Global Share S.A. edoxOnline has been added to the list of IG approved systems.
edoxOnline provides an electronic paperless system which is supported by a legal framework to facilitate transfer and endorsement of electronic bills of lading, removing the need for a paper bill although there is scope to revert to paper where it is necessary to do so. This is the first approved system to use Blockchain technology.
The legal documentation and Terms of Use associated with the use and operation of the edoxOnline platform is the e-BL Terms and Conditions (T&C). That documentation has been reviewed and approved by the Group.
Other exclusions of cover under Group Club Rules relating to the carriage of cargo will of course continue to apply in respect of ESS, Bolero, E-Title and edoxOnline in the same way as for paper systems. These exclusions include discharge at a port or place other than the port or place provided for in the contract of carriage, the issue / creation of an ante or post-dated electronic document / record, and the delivery of cargo without the production of the negotiable electronic document / record, which in the case of an approved electronic trading system will mean delivery of cargo other than in accordance with the rules of that trading system.
As with previous electronic systems, it would be helpful to the Group, in monitoring the use and development of these three systems, if Members who are using any of them would advise the Club of any benefits or difficulties which they encounter, legal or practical, in the operation of the systems.
Source: Skuld
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Tuesday, 16 July 19
SUPRAMAX: THE ASIAN ARENA WAS SPLIT, WITH A BUILD-UP OF TONNAGE AND LACK OF ENQUIRY IN THE NORTH - BALTIC BRIEFING
Capesize
It was a Brazilian affair with a strong splash of bunkers characterising the Capesize market over the past week. Largely traded in Eur ...
Wednesday, 10 July 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR HCV AND LCV COAL FOR AUGUST 2019 LOADING
COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for total 460,000 to 500,000 Metric To ...
Wednesday, 10 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
In contrast with the general expectations for the dry bulk market, the sector was not positive or even stable during the past 6 months. The warning ...
Monday, 08 July 19
INDONESIAN COAL PRICE REFERENCE POSTS BIGGEST MONTHLY LOSS SINCE JANUARY 2017
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 08 July 19
ULTRAMAX: A 52,000-TONNER OPEN CJK FIXED FOR A TRIP VIA INDONESIA WITH RE-DELIVERY CHINA AT $6,100 - BALTIC BRIEFING
Capesize
The Capesize market surged over the past week, reaching highs not seen since August last year. Widespread activity in both basins saw ...
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Showing 1366 to 1370 news of total 6871 |
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- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- PTC India Limited - India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Australian Coal Association
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
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