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Tuesday, 26 July 16
NORTH P&I CLUB EXPLAINS HOW TO AVOID CLAIMS FOR SELF-COOKING SOYA BEANS
KNOWLEDGE TO ELEVATE
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they do not get blamed for cargoes that start ‘cooking’ at sea. The advices comes in the latest issue of its loss prevention newsletter Signals.
According to North’s loss prevention director Tony Baker, ‘We have recently experienced a number of high value claims in China associated with damage to soya beans exported from South America. The damage is caused by excessively warm or moist cargoes starting to self-heat, which leads to the cargo becoming mouldy, caked or discoloured.’
He says China Inspection and Quarantine may test any suspect cargo on arrival but the ship may not necessarily be aware of the results. A cargo damage claim may result with a threat of arrest unless a large security payment is made.
‘Though the ship has done nothing to cause the damage, its negotiating position can be weak without detailed evidence from the load port and during the voyage,’ says deputy loss prevention director Colin Gillespie. ‘Good evidence will significantly strengthen this position.’
He says soya beans generally have a long shelf life provided they remain below 25°C and contain no more than 11.5% moisture. ‘The 40-day voyage between Brazil and China should not be a problem,’ says Gillespie. ‘If beans are loaded at 25–35°C and their moisture content is above 11.5% they will potentially start to self-heat after a period as short as 20 days – putting the ship at real commercial risk.’
North says recent cargoes of soya beans loaded in Brazil at over 30°C and with an average moisture content of 12.6% have self-heated. ‘In such situations it is vital for masters to have evidence of the loading conditions, ideally in the form of a load-port certificate of quality from the seller recording actual average moisture content,’ says Gillespie.
‘Masters should also consider taking their own samples for comparison, as well as a photographic record of the loading. In addition they need to keep temperature and ventilation records throughout the voyage. While ventilation has minimal effect on self-heating, accurate records will help avoid any suggestion that ventilation, or lack of it, was responsible for damaging an already unstable cargo.’
Source: North P&I Club | Hellenic Shipping News
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Monday, 15 August 16
THE SPOT FREIGHT MARKET STRENGTHEN OVER THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose as Cape and Panamax segments ending in a positive no ...
Friday, 12 August 16
U.S. WEEKLY COAL OUTPUT ENDING AUGUST 6 FELL SLIGHTLY
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.9 million short ton ...
Thursday, 11 August 16
CAPESIZE THE PACIFIC SIDE IS LOOKING MORE POSITIVE, DRIVEN BY AUSTRALIAN IRON ORE - FEARNLEYS
Supramax
Rates continue to be under pressure with index ending up with 639 points and average TC value at USD6,680, said Fearnleys. Fearnleys A/S ...
Thursday, 11 August 16
EIA ESTIMATES THE DELIVERED COAL PRICE TO U.S. ELECTRIC UTILITIES IN 2017 AVERAGED $2.24/MMBTU; $0.05/MMBTU HIGHER THAN 2016 ESTIMATES
Coal Supply
U.S. coal production in July was 65 million short tons (MMst), an 8 MMst (14%) increase from the previous month but 11 MMst (15%) low ...
Wednesday, 10 August 16
THE DRY BULK MARKET KEPT SOFTENING LAST WEEK; WE CAN SEE MUCH HEALTHIER NUMBERS STARTING SEPTEMBER
The Dry Bulk market kept softening last week as we have now started going through the traditionally quieter days of the summer season peak period, ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- VISA Power Limited - India
- Economic Council, Georgia
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
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- Indian Energy Exchange, India
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- Sojitz Corporation - Japan
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- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
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- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
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- Makarim & Taira - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
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- Merrill Lynch Commodities Europe
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- The State Trading Corporation of India Ltd
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- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
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- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- The University of Queensland
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
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- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- White Energy Company Limited
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
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- MS Steel International - UAE
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- GVK Power & Infra Limited - India
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- Dalmia Cement Bharat India
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- Edison Trading Spa - Italy
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