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 February 23
PAKISTAN PLANS TO QUADRUPLE DOMESTIC COAL-FIRED POWER, MOVE AWAY FROM GAS - REUTERS
Pakistan plans to quadruple its domestic coal-fired capacity to reduce power generation costs and will not build new gas-fired plants in the coming ...


Saturday, 18 February 23
2023 MARINE FUEL MARKET PREDICTIONS - JOHN BERGMAN, AURAMARINE
The drive for decarbonisation we witnessed in 2022 has continued into 2023, demonstrating the shipping’s industry positive strides in the fas ...


Saturday, 28 January 23
COAL GROWTH BLIP NOT TO BE REPEATED - BALTIC EXCHANGE
As 2022 drew to a close, global coal demand looked set to end the year just 1.2% up on the previous year. But that small increase was enough to pus ...


Thursday, 26 January 23
CHINA'S COAL OUTPUT INCREASES IN DECEMBER 2022 - XINHUA
China’s raw coal output posted stable expansion in December 2022, official data showed.   The country produced 400 million tonne ...


Thursday, 26 January 23
COKING COAL NARROWS THE GAP ON THERMAL AS CHINA REOPENS - REUTERS
The premium of high-grade thermal coal over coking coal in Asia is shrinking as China’s re-opening and ending of a ban on imports from Austra ...


   27 28 29 30 31   
Showing 141 to 145 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 ...

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