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

Friday, 23 September 22
EUROPEAN STEEL BUYERS SEEK DIRECTION IN VOLATILE MARKET - MEPS INTERNATIONAL
Demand for steel is slow to recover, after the summer break. Mill production costs continue to increase. Steel purchasers are uncertain about the f ...


Friday, 23 September 22
BUOYANT COAL INDUSTRY SEEKS WAYS TO STAY IN THE LONG-TERM ENERGY MIX - REUTERS
There’s no doubt that the global coal industry has been a major beneficiary of Russia’s invasion of Ukraine and the subsequent energy c ...


Friday, 23 September 22
MARKET INSIGHT - INTERMODAL
In view of the forthcoming winter, Europe is trying to escape from its energy (oil & gas) dependency from Russia to ensure energy abundance eve ...


Tuesday, 20 September 22
CHINA'S DAILY COAL OUTPUT HITS 3-MONTH LOW IN AUGUST ON RAINS, COVID CURBS - REUTERS
China’s daily coal output in August slipped to a three-month low as some mines in its biggest coal mining regions reduced operations or even ...


Tuesday, 20 September 22
CHINA COAL OUTPUT UP 8.1 PCT IN AUGUST - XINHUA
China’s raw coal output posted stable expansion in August, official data showed.   The country produced 370 million tonnes of ra ...


   44 45 46 47 48   
Showing 226 to 230 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 ...

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