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

Tuesday, 15 November 22
CHINA SEES RISING COAL STORAGE AMID SUPPLY PUSH - XINHUA
Coal stockpiles at China’s power plants have seen considerable increases, ensuring energy supply for the winter, the country’s energy r ...


Tuesday, 15 November 22
SEABORNE THERMAL COAL PRICES START TO EASE, BUT PROCESS IS UNEVEN - REUTERS
Prices for seaborne thermal coal have started to drop as fears of a winter energy crunch ease, but the rate of decline has varied across the differ ...


Thursday, 10 November 22
INDIA: THERMAL PLANTS HAVE ADEQUATE COAL STOCKS AT 25.6 MILLION TONNES, SAYS GOVT - IANS
The coal stock with domestic dry fuel-based power plants, as on October 31, was 25.6 million tonnes, the government said, adding that the availabil ...


Tuesday, 08 November 22
OUTLOOK ON CHINA’S WEAKENED BASIC MATERIALS SECTOR CLOUDED BY POLICY SWINGS - FITCH RATINGS
Fitch Ratings expects basic materials demand in China to improve qoq in 4Q22, driven by seasonally higher construction activity, solid infrastructu ...


Friday, 04 November 22
CHINA EXPANDS COAL TERM CONTRACTS TO ALL MINES TO STABILIZE MARKET - REUTERS
China has expanded long-term thermal coal supply contracts for 2023 to all coal mines and asked power utilities to source more of their demand thro ...


   37 38 39 40 41   
Showing 191 to 195 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 ...

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