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
Thursday, 08 December 22
BIMCO TO REVISE WAR RISK CLAUSES
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013) clauses has begun, and the subcommittee has just had its third meeting.
 
BIMCO has established a subcommittee to review the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013). Generally, charter parties contain war clauses which are also known as “War Risk Clauses” and from time to time also the war cancellation clause is included. It is important that these clauses reflect the nature of modern conflicts, and the subcommittee has started discussing this topic and whether amendments are needed to update the clauses.
 
At its first meeting, the subcommittee discussed the scope and objectives of the project. The general experience is that the clauses are applied unamended and that they work well since the last revision of the clause. During the last revision of CONWARTIME 2013 and VOYWAR 2013, changes in case law in particular the “Triton Lark”, the development in trading practices and the experience on demands for specialist cover brought a need to adjust the definitions of the clause. Now, about 10 years later since the last revision, and as the geopolitical landscape does not stay status quo, the subcommittee will consider whether a revision of the current wording would be relevant and beneficial to the industry. Furthermore, the subcommittee will focus on ensuring that the clauses remain commercially workable and fit today’s needs of the industry. At the following meeting, the subcommittee discussed the war risk insurance aspects, both in terms of cover and the responsible party to pay the premium.
 
Members of the subcommittee are Natalya Skjelmose (Norden), Anders G. Hovelsrud (DNK), Dirk Janssen (Nordisk), Dorte Nielsen (Centurion Bank), Henning Babiel (ADM), Neil Roberts (Joint War Committee), Nicola Cox (West), Richard Neylon (HFW), Richard Young (Beazley).
Source: BIMCO


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

Recent News

Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...


Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.    According to the new HBA regulation No. 41.K/MB.0 ...


Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...


Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...


Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...


   24 25 26 27 28   
Showing 126 to 130 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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