We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
 BIMCO 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.
|
|
Sunday, 03 July 22
CHINESE VICE PREMIER STRESSES CLEAN, EFFICIENT USE OF COAL - XINHUA
Chinese Vice Premier Han Zheng has stressed efforts to promote the clean and efficient use of coal, and pursue green, low-carbon and high-quality d ...
Sunday, 03 July 22
SOVEREIGN SECTOR OUTLOOK REVISED TO NEUTRAL ON UKRAINE WAR IMPACT - FITCH RATINGS
The deterioration in global sovereign credit conditions this year relative to our expectations at end-2021 has caused Fitch Ratings to change its g ...
Saturday, 02 July 22
GLOBAL SEABORNE COAL EXPORTS IN 2021 INCREASED BY 4.4% Y-O-Y TO 1147 MLN TONNES - BANCHERO COSTA
In the full 12 months of 2021, global seaborne coal exports increased by +4.4% y-o-y to 1147 mln tonnes, from 1099 mln tonnes in 2020, according to ...
Friday, 01 July 22
INDIA'S TOP CEMENT MAKER PAYING FOR RUSSIAN COAL IN CHINESE YUAN - REUTERS
India’s biggest cement producer, UltraTech Cement ULTC.NS, is importing a cargo of Russian coal and paying using Chinese yuan, according to a ...
Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
|
|
|
Showing 306 to 310 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Planning Commission, India
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
|
| |
| |
|