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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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Friday, 12 April 19
U.S : MORE THAN 7 GW OF COAL-FIRED GENERATION IS SCHEDULED TO RETIRE BY THE END OF 2020 - EIA
EIA estimates that U.S. coal production decreased by 19 million short tons (MMst) (2%) in 2018, totaling 756 MMst.
EIA also expects ...
Friday, 12 April 19
GLENCORE WINS $520 MILLION DEAL TO SELL COAL TO MEXICO - REUTERS
Global trader Glencore has won contracts worth around $520 million to supply 4.94 million tonnes of coal to Mexico, state-run power utility the Fed ...
Thursday, 11 April 19
AUSTRALIAN COAL IN THE FRONTLINE OF CHINA'S SUPPLY GLUT - AUSTRALIAN FINANCIAL REVIEW
Australian coal will be hardest hit as China cuts foreign imports of its key energy source to tackle oversupply, and implements policies favouring ...
Wednesday, 10 April 19
COALTRANS ASIA - TAKE PART IN THE LARGEST COAL EVENT IN THE WORLD!
Take part in the largest coal event in the world!
Coaltrans Asia is back this June bringing together the entire international coal s ...
Wednesday, 10 April 19
KOSPO INVITED BIDS FOR 160K MT OF MIN. 3700 NCV COAL FOR JUNE LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 160,000 MT of min. 3,800 Kcal/kg ~max.4,100 ...
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Showing 1421 to 1425 news of total 6871 |
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- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- MS Steel International - UAE
- Posco Energy - South Korea
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- The University of Queensland
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
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