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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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Wednesday, 07 March 12
ASSESS ASIAS POTENTIAL, DEVELOPMENTS AND APPETITE FOR SHALE AT SHALE GAS SUMMIT
Press Release - Assess Asia’s Potential, Developments and Appetite for Shale at Shale Gas Summit on 23-24 Apr, 2012 in Beijing
China is rep ...
Wednesday, 07 March 12
3RD MOZAMBIQUE COAL CONFERENCE
3rd Mozambique Coal Conference
2-4 July 2012 | Joaquim Chissano International Conference Centre , Maputo, Mozambique
http://www.immevents.com/mo ...
Wednesday, 07 March 12
DRY BULK MARKET KEEPS UP TIMID REBOUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its rising momentum yesterday, rising for the eighth straight session, on the back of renewed demand for smaller bulk c ...
Wednesday, 07 March 12
BUKIT ASAM EYES 39% RISE IN COAL SALES - INSIDER STORIES
Insider Stories reported that, PT Bukit Asam Tbk is scouting a 39% increase in coal sales volume to 18.66 million tons this year from last year with ...
Wednesday, 07 March 12
PETROSEA SEALS US$188 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, coal mining contractor PT Petrosea Tbk has secured a US$188 million additional contract from its affiliated firm PT S ...
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- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- PTC India Limited - India
- Bhatia International Limited - India
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
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