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Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity planning. In the scheduled liner industry, slow steaming and “super” slow steaming has been a common practice for several years. Other sectors of the industry are now looking at the possibility of slow steaming, but are aware of the need for a special provision to incorporate into their charter parties to deal with the legal and technical aspects of this practice. In response to this demand BIMCO has been working over the past year on developing two new standard charter party clauses – one for time charter parties and the other for voyage charters.
The first to be published is the time charter clause which was adopted by BIMCO’s Documentary Committee in November. The Clause has been issued as a Special Circular to Members (No. 7, dated 23 December 2011)
BIMCO has consulted with the major engine designers during the development of the Clause to ensure that the technicalities of slow steaming are properly reflected in its provisions.
The legal aspects of slow steaming under a time charter party primarily relate to the owners’ obligations to follow the charterers’ slow steaming instructions while taking into account the safety of the vessel, crew and cargo and obligations towards third parties, such as holders of bills of lading. All of these issues have been addressed in the Slow Steaming Clause for Time Charter Parties with valuable input provided by lawyers and P&I Club representatives.
A voyage charter party edition of the Clause will follow shortly.
Source: BIMCO / Hellenic Shipping
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Friday, 09 March 12
SHIP OWNERS LOOKING TO CHINA FOR REVIVAL, WHILE THEY KEEP SELLING OLD SHIPS FOR SCRAP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With China’s economic policy plan for the future on every ship owner’s mind, at least those involved in the dry bulk industry, the lates ...
Thursday, 08 March 12
INDONESIA'S COAL SECTOR CAN BENEFIT FROM CLEARER REGULATIONS - FITCH RATINGS
Fitch Ratings says Indonesia's coal mining sector should continue to see strong growth prospects but can benefit from clearer and more predictable ...
Thursday, 08 March 12
DRY BULK MARKET ON THE RISE; CHINAS COAL IMPORTS COULD INCREASE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on rising back to healthier levels yesterday, with the BDI (Baltic Dry Index) the industry’s benchmark, marking its 8 ...
Wednesday, 07 March 12
INDONESIA COAL BENCHMARK PRICE GAINS FOR SECOND MONTH
COALspot.com - Indonesia raised the monthly coal reference price for sales in March by 1.15 percent, the second increase since February.
The Mini ...
Wednesday, 07 March 12
INDONESIA TO LIMIT FOREIGN OWNERSHIP IN MINES TO 49 PERCENT WITHIN 10 YEARS OF PRODUCTION
COALspot.com - Foreign holders of mining licenses in Indonesia have to divert 51% of their stakes to Indonesian government or domestic entitie ...
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Showing 4816 to 4820 news of total 6871 |
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Planning Commission, India
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
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