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, 11 December 21
BUNKER BUYERS LOSE UP TO $5/MT FOR NOT COVERING ENOUGH SUPPLIERS - INTEGR8 FUELS
With the Brent price recently touching the $80 mark and before the Omicron variant concerns pushed it lower, bunker prices reached levels not seen ...
Tuesday, 07 December 21
SUPERCYCLE DEMAND: ARE WE THERE YET? - WOOD MACKENZIE
Taking young children on a long journey is fraught with challenges, not least the inevitable question a few minutes after leaving: are we there yet ...
Tuesday, 07 December 21
COAL WOULD REMAIN ENERGY LEADER FOR AT LEAST 15 YEARS - LIVEMINT
Coal India Ltd (CIL) has been in the eye of the storm after fuel stocks at coal-fuelled power plants depleted in October. Fuel stocks since are bei ...
Tuesday, 07 December 21
GLOBAL SHIPPING OUTLOOK TURNS STABLE FROM POSITIVE ON THE BACK OF PEAKING EARNINGS DURING 2021 - MOODY'S
The outlook for the global shipping industry is changed to stable from positive for the next 12 to 18 months due to demand slightly outstripping su ...
Tuesday, 07 December 21
COAL FIRMS SEE SHARE PRICES SURGE MONDAY, AFTER GOVERNMENT READJUSTS CONTRACT PRICES - GLOBAL TIMES
Share prices of China’s coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal pric ...
|
|
|
Showing 386 to 390 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- CNBM International Corporation - China
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- PTC India Limited - India
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Australian Coal Association
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
|
| |
| |
|