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, 11 September 21
RECORD CHINESE COAL FUTURES SIGNAL NEED TO BOOST OUTPUT - REUTERS
China’s coal prices have climbed to a record high, signaling the need for more production in the short term, even as the government tries to ...


Saturday, 11 September 21
IN 2022, EIA EXPECTS U.S. COAL PRODUCTION TO INCREASE BY 47 MMST TO 648 MMST
U.S. Coal production accordng to EIA's forecast, totals 601 million short tons (MMst) in 2021, 66 MMst more than in 2020, EIA's Short-Term ...


Wednesday, 08 September 21
FITCH RATINGS RAISES THERMAL COAL PRICE ASSUMPTIONS ON TIGHT SUPPLY
Fitch Ratings has increased all its Qinhuangdao 5,500kcal/kg price assumptions and short- and medium-term Newcastle 6,000kcal/kg price assumptions ...


Wednesday, 08 September 21
COAL IS STILL KING; INDONESIAN COAL PRICE REFERENCE ABOVE $150 FOR FIRST TIME IN HISTORY
COALspot.com: The Indonesian Coal Price Reference rose dramatically from US$ 127.05 in February 2011, to a peak of US$ 150.03 in September 2021, be ...


Wednesday, 08 September 21
MARKET INSIGHT - INTERMODAL
Last August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness. The dry bulk index exceeded the 4,0 ...


   96 97 98 99 100   
Showing 486 to 490 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 ...

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