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Wednesday, 17 October 18
ESCROW SERVICE FOR BALTIC MEMBERS NOW LIVE
.jpg) The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is run out of Singapore and led by Chris Jones, the Baltic Exchange’s Head of Asia who is a former Sale & Purchase shipbroker with over 40 years of experience.
Based on a new Baltic Escrow Form developed by the Baltic Exchange, the service will be subject to the Singapore Exchange’s (SGX) detailed compliance and money laundering procedures. OCBC Bank will be providing the joint deposit account.
To use the service the buyer needs to be a Baltic Exchange member, although there are plans to expand this in the future to support transactions where the seller or broker is a Baltic Exchange member.
Commenting on the new service Chris Jones said:
“There’s been a good deal of interest in this service since we initially announced it in April. We hope to expand this service to dispute-related issues such as bunkers in the near future.”
The service costs US$5,000 per side.
To register an interest in the service, Baltic members should email escrow@balticexchange.com when initial “Know Your Customer” checks will be undertaken.
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Friday, 02 November 18
COAL FETCHES 102% PREMIUM IN E-AUCTION, SURPASSING THE EARLIER HIGHEST OF 95% - FINANCIAL EXPRESS
Coal prices have received a premium of 102% in spot e-auction during September 2018, surpassing the earlier highest of 95% premium during the spot ...
Friday, 02 November 18
CHINA: COAL CONSUMPTION POSTS STRONG GROWTH ON BACK OF POWER GENERATION DEMAND - CHINA DAILY
China’s energy consumption experienced continuous rebound during the first three quarters in 2018, National Energy Administration announced o ...
Thursday, 01 November 18
IMO 2020 - EXPLORING THE OPTION OF SOX SCRUBBERS - SIDDHARTH MAHAJAN, GARD
KNOWLEDGE TO ELEVATE
There are four possible methods of compliance:
1.use VLSFO (very low Sulphur oil) or blends;
2,use dis ...
Wednesday, 31 October 18
INDIA: COAL IMPORTS SURGE ON DOMESTIC SHORT SUPPLY - HINDU
Shortage of thermal coal supply in India has pushed imports up to 85 million tonnes (mt) in the first half of the current fiscal compared to 75 mt ...
Wednesday, 31 October 18
SHIPPING MARKET INSIGHT - APOSTOLOS ROMPOPOULOS
Since the IMO’s 2020 global cap on sulphur in marine fuels is coming into force, ship-owners have to decide whether they will operate using e ...
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- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
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