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BIMCO reminds members of the dangers of loading nickel ore cargoes from Philippines and Indonesia.
Indonesian authorities relax ban on export of nickel and bauxite ore cargoes.
Elizabeth is Senior Associate at Stephenson Harwood Hong Kong. Elizabeth is a lawyer qualified in Hong Kong, England and Wales, and Australia. She has been based in Hong Kong since 2008. Elizabeth has significant experience on the wet side of shipping, having worked on a number of high profile casualties and groundings across the Asia Pacific region. Other particular areas of expertise include jurisdictional challenges and forum disputes, limitation of liability, maritime insolvencies, disputes involving the carriage of goods by sea, and trade finance and banking disputes with maritime law elements. Elizabeth has litigated in the Courts of Hong Kong, England, and Australia. She has also acted in a large number of international arbitrations, and has managed litigation and enforcement proceedings on behalf of clients in jurisdictions including the PRC, Singapore, Taiwan, Bangladesh, Indonesia, India and the United States. Legal500 describes her as “a knowledgeable and effective litigator”.
PANAMAX: The Pacific appeared to have another midweek fixing frenzy today, driven mainly by Australian and Indonesian demand. The Baltic Exchange daily fixture report features daily updates on the Baltic exchange indexes, timecharters, periods, voyage fixtures and is listed by ship name, size, delivery place and freight rate. The weekly dry bulk market report by the Baltic Exchange contains news impacting the following segments; capesize, panamax, supramax and handysize.
Panamax: A busy market in the east with rates holding and tonnage still tight in the north Pacific and fresh cargoes quoting now and for forward positions from Indonesia and Australia. The Baltic Exchange daily fixture report features daily updates on the Baltic exchange indexes, timecharters, periods, voyage fixtures and is listed by ship name, size, delivery place and freight rate. The weekly dry bulk market report by the Baltic Exchange contains news impacting the following segments; capesize, panamax, supramax and handysize.
There has been much talk in recent weeks and months about Chinese coal policy, particularly with regard to imports from Australia, after anecdotal evidence suggest Chinese importers have been told to shun Australian thermal coal.
Australia and Indonesia, being the main exporters of coal to China, are growing their market share at the expense of longer haul exporters like the US and South Africa.
The waters in and around the Straits of Malacca and Singapore can pose various risks to ships, one of which is conducting activities outside designated areas, if the ship is not simply transiting continuously and expeditiously.
The demand for coal in China continues to diminish. So much in fact that India is expected to succeed China as the world’s largest importer of coal this year.
