COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 08 January 12
THARPAK CONSORTIUM FORMED TO DEVELOP MEGA ENERGY COMPLEX IN SINDH PROVINCE, PAKISTAN
Press Release: On January 5th, TharPak, LLC met with officials of the Embassy of Pakistan in Washington DC to introduce and announce the formation o ...


Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES
COALspot.com – World’s thermal coal spot prices have slipped this week.. globalCOAL index in Newcastle Port, benchmark for Asian mark ...


Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mecha ...


Friday, 06 January 12
CLARIDEN GLOBAL BRINGS YOU INDONESIA MINING 2012
Capitalizing Business & Investment Opportunities in an Uncertain Market.Press Release - Clariden Global brings you Indonesia Mining 2012, the dedi ...


Friday, 06 January 12
THE PANAMAX MARKET EXPERIENCED A SLOW START TO 2012 - FEARNLEYS AS
Handy As usual after a holiday owners and charterers both try to get a feel of the market. An Armada of Supras were talking to ballast towards USG, ...


   978 979 980 981 982   
Showing 4896 to 4900 news of total 6871
News by Category
Popular News
 
Total Members : 28,625
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Xstrata Coal
  • Bhatia International Limited - India
  • Indonesian Coal Mining Association
  • Dalmia Cement Bharat India
  • Kohat Cement Company Ltd. - Pakistan
  • Central Java Power - Indonesia
  • Bhoruka Overseas - Indonesia
  • Intertek Mineral Services - Indonesia
  • Central Electricity Authority - India
  • Uttam Galva Steels Limited - India
  • Coal Orbis AG
  • OPG Power Generation Pvt Ltd - India
  • Ambuja Cements Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • Samtan Co., Ltd - South Korea
  • Humpuss - Indonesia
  • GB Group - China
  • Japan Coal Energy Center
  • Kideco Jaya Agung - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Madhucon Powers Ltd - India
  • World Bank
  • Mercator Lines Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Banpu Public Company Limited - Thailand
  • Wood Mackenzie - Singapore
  • Adani Power Ltd - India
  • Deutsche Bank - India
  • Sinarmas Energy and Mining - Indonesia
  • TeaM Sual Corporation - Philippines
  • SMG Consultants - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • World Coal - UK
  • Singapore Mercantile Exchange
  • Economic Council, Georgia
  • Bukit Makmur.PT - Indonesia
  • Sindya Power Generating Company Private Ltd
  • South Luzon Thermal Energy Corporation
  • IHS Mccloskey Coal Group - USA
  • Bhushan Steel Limited - India
  • Coastal Gujarat Power Limited - India
  • Therma Luzon, Inc, Philippines
  • Coeclerici Indonesia
  • Sucofindo - Indonesia
  • Infraline Energy - India
  • Freeport Indonesia
  • Coal and Oil Company - UAE
  • Straits Asia Resources Limited - Singapore
  • Antam Resourcindo - Indonesia
  • Lanco Infratech Ltd - India
  • Wilmar Investment Holdings
  • Thermax Limited - India
  • Attock Cement Pakistan Limited
  • Glencore India Pvt. Ltd
  • Interocean Group of Companies - India
  • Idemitsu - Japan
  • Riau Bara Harum - Indonesia
  • Panama Canal Authority
  • Coaltrans Conferences
  • GNFC Limited - India
  • Core Mineral Indonesia
  • Britmindo - Indonesia
  • SASOL - South Africa
  • Sakthi Sugars Limited - India
  • Star Paper Mills Limited - India
  • Salva Resources Pvt Ltd - India
  • Cardiff University - UK
  • Mitsubishi Corporation
  • Ministry of Finance - Indonesia
  • Thailand Anthracite
  • EMO - The Netherlands
  • Baramulti Group, Indonesia
  • Russian Coal LLC
  • Kumho Petrochemical, South Korea
  • Berau Coal - Indonesia
  • McConnell Dowell - Australia
  • Borneo Indobara - Indonesia
  • Cosco
  • Mintek Dendrill Indonesia
  • Thomson Reuters GRC
  • Arutmin Indonesia
  • SUEK AG - Indonesia
  • APGENCO India
  • MS Steel International - UAE
  • Kapuas Tunggal Persada - Indonesia
  • PetroVietnam
  • IMC Shipping - Singapore
  • CNBM International Corporation - China
  • Bayan Resources Tbk. - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • RBS Sempra - UK
  • NALCO India
  • Shenhua Group - China
  • Bukit Asam (Persero) Tbk - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Deloitte Consulting - India
  • Karaikal Port Pvt Ltd - India
  • Tata Power - India
  • The India Cements Ltd
  • Pendopo Energi Batubara - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Reliance Power - India
  • Peabody Energy - USA
  • CESC Limited - India
  • Commonwealth Bank - Australia
  • Maharashtra Electricity Regulatory Commission - India
  • New Zealand Coal & Carbon
  • Directorate Of Revenue Intelligence - India
  • Samsung - South Korea
  • Bharathi Cement Corporation - India
  • Formosa Plastics Group - Taiwan
  • Coalindo Energy - Indonesia
  • Mitra SK Pvt Ltd - India
  • Kobe Steel Ltd - Japan
  • Grasim Industreis Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • KOWEPO - South Korea
  • PTC India Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Pinang Coal Indonesia
  • UOB Asia (HK) Ltd
  • bp singapore
  • Surastha Cement
  • Ministry of Transport, Egypt
  • Ministry of Mines - Canada
  • TGV SRAAC LIMITED, India
  • Clarksons - UK
  • Inspectorate - India
  • Independent Power Producers Association of India
  • Toyota Tsusho Corporation, Japan
  • Chamber of Mines of South Africa
  • Port Waratah Coal Services - Australia
  • Malco - India
  • Platou - Singapore
  • Renaissance Capital - South Africa
  • Bangkok Bank PCL
  • Petrosea - Indonesia
  • Manunggal Multi Energi - Indonesia
  • ACC Limited - India
  • MEC Coal - Indonesia
  • Thai Mozambique Logistica
  • Semirara Mining and Power Corporation, Philippines
  • Power Finance Corporation Ltd., India
  • The Treasury - Australian Government
  • Heidelberg Cement - Germany
  • Parry Sugars Refinery, India
  • Vitol - Bahrain
  • Jatenergy - Australia
  • Trasteel International SA, Italy
  • Vale Mozambique
  • Sical Logistics Limited - India
  • DBS Bank - Singapore
  • Carbofer General Trading SA - India
  • Medco Energi Mining Internasional
  • Rashtriya Ispat Nigam Limited - India
  • Marubeni Corporation - India
  • Maersk Broker
  • Australian Commodity Traders Exchange
  • ASAPP Information Group - India
  • Neyveli Lignite Corporation Ltd, - India
  • Parliament of New Zealand
  • KEPCO - South Korea
  • PowerSource Philippines DevCo
  • Agrawal Coal Company - India
  • OCBC - Singapore
  • Simpson Spence & Young - Indonesia
  • Bulk Trading Sa - Switzerland
  • Latin American Coal - Colombia
  • Thiess Contractors Indonesia
  • Permata Bank - Indonesia
  • Oldendorff Carriers - Singapore
  • Eastern Energy - Thailand
  • White Energy Company Limited
  • U S Energy Resources
  • BNP Paribas - Singapore
  • London Commodity Brokers - England
  • Maybank - Singapore
  • Price Waterhouse Coopers - Russia
  • McKinsey & Co - India
  • Bank of America
  • Chettinad Cement Corporation Ltd - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Mitsui
  • Tata Chemicals Ltd - India
  • Merrill Lynch Commodities Europe
  • Barclays Capital - USA
  • Gupta Coal India Ltd
  • Romanian Commodities Exchange
  • Indian School of Mines
  • Global Green Power PLC Corporation, Philippines
  • Eastern Coal Council - USA
  • Enel Italy
  • The State Trading Corporation of India Ltd
  • Essar Steel Hazira Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Jindal Steel & Power Ltd - India
  • J M Baxi & Co - India
  • Mechel - Russia
  • Tamil Nadu electricity Board
  • Petrochimia International Co. Ltd.- Taiwan
  • Indonesia Power. PT
  • Binh Thuan Hamico - Vietnam
  • PLN Batubara - Indonesia
  • BRS Brokers - Singapore
  • Vedanta Resources Plc - India
  • Siam City Cement - Thailand
  • Vizag Seaport Private Limited - India
  • Platts
  • TANGEDCO India
  • Meralco Power Generation, Philippines
  • Posco Energy - South Korea
  • Standard Chartered Bank - UAE
  • Asian Development Bank
  • Electricity Generating Authority of Thailand
  • Kaltim Prima Coal - Indonesia
  • Indika Energy - Indonesia
  • VISA Power Limited - India
  • The University of Queensland
  • NTPC Limited - India
  • GMR Energy Limited - India
  • Bank of China, Malaysia
  • Makarim & Taira - Indonesia
  • Rio Tinto Coal - Australia
  • Kalimantan Lumbung Energi - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Qatrana Cement - Jordan
  • Xindia Steels Limited - India
  • Indian Energy Exchange, India
  • Orica Australia Pty. Ltd.
  • Global Coal Blending Company Limited - Australia
  • Cebu Energy, Philippines
  • GAC Shipping (India) Pvt Ltd
  • Cigading International Bulk Terminal - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Asia Cement - Taiwan
  • Barasentosa Lestari - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Georgia Ports Authority, United States
  • Ceylon Electricity Board - Sri Lanka
  • ANZ Bank - Australia
  • GVK Power & Infra Limited - India
  • ING Bank NV - Singapore
  • EIA - United States
  • Australian Coal Association
  • Merrill Lynch Bank
  • International Coal Ventures Pvt Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • Argus Media - Singapore
  • Total Coal South Africa
  • Billiton Holdings Pty Ltd - Australia
  • ETA - Dubai
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Asmin Koalindo Tuhup - Indonesia
  • Inco-Indonesia
  • Rudhra Energy - India
  • LBH Netherlands Bv - Netherlands
  • Global Business Power Corporation, Philippines
  • JPMorgan - India
  • KPCL - India
  • SMC Global Power, Philippines
  • Electricity Authority, New Zealand
  • Indian Oil Corporation Limited
  • Directorate General of MIneral and Coal - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • HSBC - Hong Kong
  • Tanito Harum - Indonesia
  • Ince & co LLP
  • Gujarat Mineral Development Corp Ltd - India
  • IBC Asia (S) Pte Ltd
  • Africa Commodities Group - South Africa
  • Maheswari Brothers Coal Limited - India
  • Altura Mining Limited, Indonesia
  • Energy Link Ltd, New Zealand
  • Adaro Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Semirara Mining Corp, Philippines
  • Anglo American - United Kingdom
  • CoalTek, United States
  • Miang Besar Coal Terminal - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Petron Corporation, Philippines
  • Ernst & Young Pvt. Ltd.
  • Timah Investasi Mineral - Indoneisa
  • Fearnleys - India
  • Energy Development Corp, Philippines
  • PNOC Exploration Corporation - Philippines
  • Planning Commission, India
  • Larsen & Toubro Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Thriveni
  • KPMG - USA
  • Aditya Birla Group - India
  • Shree Cement - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Arch Coal - USA
  • Metalloyd Limited - United Kingdom
  • Bangladesh Power Developement Board
  • Meenaskhi Energy Private Limited - India
  • Cargill India Pvt Ltd
  • Edison Trading Spa - Italy
  • GHCL Limited - India
  • Sarangani Energy Corporation, Philippines
  • Cement Manufacturers Association - India
  • UBS Singapore
  • SRK Consulting
  • Malabar Cements Ltd - India
  • Iligan Light & Power Inc, Philippines
  • Videocon Industries ltd - India
  • Indorama - Singapore
  • SGS (Thailand) Limited
  • CIMB Investment Bank - Malaysia
  • Moodys - Singapore
  • SN Aboitiz Power Inc, Philippines
  • Kobexindo Tractors - Indoneisa
  • Bahari Cakrawala Sebuku - Indonesia
  • Maruti Cements - India
  • IEA Clean Coal Centre - UK
  • Indo Tambangraya Megah - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Runge Indonesia
  • Gresik Semen - Indonesia
  • CCIC - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • ICICI Bank Limited - India
  • Geoservices-GeoAssay Lab
  • Cemex - Philippines
  • San Jose City I Power Corp, Philippines
  • IOL Indonesia
  • Noble Europe Ltd - UK
  • PLN - Indonesia
  • Orica Mining Services - Indonesia
  • India Bulls Power Limited - India
  • Savvy Resources Ltd - HongKong
  • Minerals Council of Australia
  • Mercuria Energy - Indonesia
  • TRAFIGURA, South Korea
  • Siam City Cement PLC, Thailand
  • globalCOAL - UK
  • Coal India Limited
  • JPower - Japan
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • TNPL - India
  • Mjunction Services Limited - India
  • Lafarge - France
  • WorleyParsons
  • Credit Suisse - India
  • Indogreen Group - Indonesia
  • Sojitz Corporation - Japan
  • Goldman Sachs - Singapore
  • Sree Jayajothi Cements Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Gujarat Sidhee Cement - India
  • Holcim Trading Pte Ltd - Singapore
  • Jaiprakash Power Ventures ltd