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
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT 
BIMCOBIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for the maritime industry. The revisions reflect significant changes in the regulatory landscape since the contract was last updated.
 
In response to changes within the areas of regulation and safety, BIMCO has updated GENCON 1994 to reflect the commercial and legal requirements in today’s shipping practices. The voyage charter party, used in dry bulk trade, was last updated in 1994 and the new version addresses all terms and conditions that the commercial parties need to incorporate by means of rider clauses. This will help companies that may not have an internal legal department to turn to for assistance.
 
The drafting group engaged in the development of GENCON 2022 consisted of representatives from both the chartering and shipowning sector to assure the new version strikes the right balance with regards to the rights and obligations of both parties.
 
“When we sit down and start the process of drafting standard contracts and clauses for the maritime industry, our focus is on striking the right balance between the parties involved. This is regardless of which contract or clause is on the drawing table. The drafting of GENCON 2022 reflects this,” says Søren Larsen, BIMCO Deputy Secretary General.
 
Focus has also been on the importance of producing a clearly worded contract that leaves little room for disputes on matters of interpretation.
 
“I have been active in dry bulk shipping all my working life and have seen how important it can be to get the wording just right,” says John Weale, Chairman of the drafting sub-committee. “There is no perfect charter party, but I do believe that GENCON 2022 will go a long way towards meeting the needs of today’s industry and avoiding disputes.”
 
The 2022 update will mark 100 years since GENCON was first launched by BIMCO, as the first edition was published in 1922.
Source: BIMCO


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

Recent News

Friday, 09 September 22
GREECE WILL KEEP COAL-FIRED PLANTS RUNNING FOR LONGER AMID GAS CRISIS - REUTERS
Greece will keep seven coal-fired plants running for longer than previously planned as European countries adjust to a cut in gas flows coming from ...


Friday, 09 September 22
CHINA'S DROUGHT INTENSIFIES GLOBAL COAL SHORTAGE - REUTERS
China’s drought has sent coal prices surging as traders anticipate the lack of hydroelectric generation will force it to burn more coal to me ...


Thursday, 08 September 22
MOODY.S AFFIRMS ABM INVESTAMA'S B1 RATINGS FOLLOWING PLANNED MINORITY INVESTMENT IN COAL MINER; OUTLOOK STABLE
Moody's Investors Service has affirmed ABM Investama Tbk (P.T.)'s B1 corporate family rating (CFR), along with the B1 rating on its senior ...


Thursday, 08 September 22
MARKET INSIGHT - INTERMODAL
While the energy markets are historically stretched, Russian flows of crude oil are closely monitored as the oil trade is ultimately realigned. Mor ...


Friday, 02 September 22
INDONESIA COAL PRICE REFERENCE SLIPS SLIGHTLY IN SEPTEMBER 2022
COALspot.com: Indonesian Coal Price Reference for September delivery drops 0.74 per cent month on month.   The Indonesian Coal Price R ...


   47 48 49 50 51   
Showing 241 to 245 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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