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

Saturday, 06 August 22
SUMITOMO Q1 PROFIT RISES 45% ON STRONGER PRICES OF COAL, NICKEL - REUTERS
Japanese trading house Sumitomo Corp 8053.T said on Wednesday its net profit for the April-June quarter rose 45% to a record thanks to higher price ...


Saturday, 06 August 22
GERMANY'S ENERGY U-TURN: COAL INSTEAD OF GAS - DEUTSCHE WELLE
Berlin has realized it will never again import as much energy from Russia as before the Ukraine war. So the challenge is to wean Germany off its de ...


Saturday, 30 July 22
NUANCES OF FORCE MAJEURE CLAUSE - BALTIC EXCHANGE
Knowledge to Elevate In NKD Maritime Limited v. Bart Maritime (No 2) Inc (Shagang Giant) [2022] EWHC 1615 (Comm), Bart Maritime (No 2) Inc (th ...


Saturday, 30 July 22
AEMO URGES QUICKER SHIFT TO RENEWABLES AMID COAL FAILURES AND SOARING FOSSIL FUEL COSTS
The Australian Energy Market Operator has called for an accelerated shift to wind and solar, backed up by batteries and other storage, as a devasta ...


Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.   ...


   52 53 54 55 56   
Showing 266 to 270 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 ...

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