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

Thursday, 05 January 12
DRY BULK MARKET TAKES A PLUNGE OF LOW ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected the first days of the new year are characterized by significantly low chartering across the board of the dry bulk market, pus ...


Wednesday, 04 January 12
NEWBUILDING ORDERS PICKED UP IN 2011, BUT 2012 EXPECTED TO BE A DIFFERENT STORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) starting the year on a sour note, losing 114 points and ending yesterday’s session, the first of the new year, ...


Wednesday, 04 January 12
MAHAGENCO TO IMPORT LOW MOISTURE COAL
COALspot.com - Maharashtra State Power Generation Co. Ltd. is the state power generation utility owned by Government of Maharashtra, intends to proc ...


Tuesday, 03 January 12
INDONESIA COAL REFERENCE PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the January 2012 coal reference price at US$ 109.29 per ton or US$ 3.3 ...


Tuesday, 03 January 12
WHICH WAY WILL THE DRY BULK MARKET HEAD ON FIRST WEEK OF THE YEAR? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Dry bulk ship owners will be wondering which way will the BDI (Baltic Dry Index), the industry’s benchmark, will head during the first days of ...


   979 980 981 982 983   
Showing 4901 to 4905 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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