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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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Thursday, 10 January 19
BUNKER DELIVERY NOTE AMENDMENTS ENTER INTO FORCE AS SULPHUR 2020 REQUIREMENT LOOMS - IMO
KNOWLEDGE TO ELEVATE
Amendments to the bunker delivery note relating to the supply of marine fuel oil to ships which have fitted alternative m ...
Thursday, 10 January 19
WORLD TRADE IN THERMAL COAL IS ESTIMATED TO HAVE GROWN BY 1.0 PER CENT IN 2018 - DEPARTMENT OF INDUSTRY, AUSTRALIA
World Trade
World trade in thermal coal is estimated to have grown by 1.0 per cent to 1.1 billion tonnes in 2018 but it is expected to decline ...
Thursday, 10 January 19
PAKISTAN'S COAL IMPORTS TO SURGE TO 30 MILLION TONS PER ANNUM BY 2020 - CEO, PIB
Pakistan’s coal imports are estimated to surge to 30 million tons/annum from existing 20 million tons/annum by the year 2020, given the plann ...
Wednesday, 09 January 19
PANAMAX: THE PACIFIC SAW RELATIVELY GOOD DEMAND PARTICULARLY FROM INDONESIA AND NOPAC - BALTIC BRIEFING
Capesize
It was an active start to the New Year, with trading from West Australia maintaining momentum during the holiday period. Rates for Chi ...
Wednesday, 09 January 19
SHIPPING MARKET INSIGHT - INERMODAL
Paraphrasing the words of a Chief economist in a latest report of the World Bank Group, the current state of the shipping market very much resemble ...
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- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- The University of Queensland
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
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