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

Thursday, 14 July 22
INDIA'S COAL IMPORTS HIT RECORD HIGH IN JUNE - REUTERS
India's coal imports hit a record high in June despite high global prices, data from three trade sources and Refinitiv ship tracking showed, as ...


Thursday, 14 July 22
CHINA'S JUNE COAL IMPORTS SLUMP AS TRADERS SHUN EXPENSIVE OVERSEAS CARGOES - REUTERS
China’s coal imports fell 33% in June from a year ago, with traders turning down expensive overseas cargoes in favor of domestic ones with ca ...


Wednesday, 13 July 22
KOWEPO TO IMPORT 2.79 MILLION TONS OF LOW TO MEDIUM COAL
COALspot.com: Korea Western Power Co., Ltd. (KOWEPO) has issued an International tender for Total 1360k MT of Min.4400 kcal/kg NCV coal and Total 1 ...


Wednesday, 13 July 22
HAVE MINERS MISSED THE BOAT TO INVEST AND GET AHEAD OF THE ENERGY TRANSITION? - WOOD MACKENZIE
Miners are in rude health, benefiting from economic stimuli, the post-pandemic recovery and associated supply constraints. Initially the Ukraine wa ...


Wednesday, 13 July 22
MARKET INSIGHT - INTERMODAL
Taking the previous market insight a step further, market sentiment remains bullish regarding the overall ROI of scrubbers, facing tailwinds from a ...


   57 58 59 60 61   
Showing 291 to 295 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 ...

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