We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Saturday, 20 August 22
KOSPO TO IMPORT 240000 MT OF MIN 4400 KCAL/KG NCV STEAM COAL FOR OCTOBER;LOADING FROM RUSSIAN PORTS NOT ALLOWED
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 240,000 MT of min 4,400kcal/kg to max. 4,999 kcal/kg NC ...
Wednesday, 17 August 22
INDIAN COMPANIES SWAPPING DOLLAR FOR ASIAN CURRENCIES TO BUY RUSSIAN COAL - REUTERS
Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoidi ...
Wednesday, 17 August 22
LNG: MAJOR INVESTMENT AND EXPANSION PHASE, DOUBLING OF LIQUEFACTION CAPACITY BY 2028 PROJECTED - CLARKSONS
Clarksons Research have released the latest version of their long standing annual review, LNG Trade & Transport, on to Shipping Intelligence Ne ...
Wednesday, 17 August 22
UNAFFORDABLE LNG PRICES UNDERMINE RAPID DEMAND GROWTH FORECASTS IN KEY ASIAN MARKETS - IEEFA
Sustained high prices may accelerate downward pressures on Asian LNG demand, clouding long-term industry outlooks
The global liquefi ...
Wednesday, 17 August 22
CHINA'S COAL-RICH SHANXI MAKES STRIDES IN HIGH-QUALITY DEVELOPMENT - XINHUA
Shanxi, a major coal-producing province in north China, has made continuous advances in high-quality development over the past decade, according to ...
|
|
|
Showing 256 to 260 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Minerals Council of Australia
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Mercator Lines Limited - India
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
|
| |
| |
|