COALspot.com keeps you connected across the coal world
  • JUNE 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 52.98 A TON

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Monday, 01 April 19
FORCE MAJEURE SUCCESS NOT A SEA CHANGE - BALTIC EXCHANGE
Baltic ExchangeKNOWLEDGE TO ELEVATE

It is difficult to successfully argue that contractual performance has been prevented or delayed by force majeure. This is in part because English courts or arbitration tribunals will interpret these clauses strictly and narrowly against the party seeking to rely on them.
 
Recent decisions, including Triple Point Technology v PTT (2017) and Seadrill Ghana v Tullow Ghana (2018), are evidence of this approach. However, Sucden Middle-East, represented by Nick Fisher of HFW, has recently relied successfully on such a clause in the Commercial Court, on appeal from arbitration.
 
The case, Sucden Middle-East v Yagci Denizcilik Ve Ticaret Limited Sirketi, “The Mv Muammer Yagci”, involved a shipment of sugar to Algeria on the Sugar Charter Party 1999 form. The facts found by the arbitral tribunal were that when the cargo arrived in Algeria, the cargo-receivers submitted false import documents to local customs authorities. The local customs responded by seizing the cargo, using powers under customs laws and regulations.
 
A delay to discharging the cargo of four and a half months ensued. Sucden, as charterers, claimed this delay fell within the exceptions to laytime running under clause 28. Owners disagreed. At first instance, the arbitral tribunal agreed with owners.
 
Charterers appealed to the Commercial Court. Permission to bring the appeal was given on the basis that the question of law was one of general public importance, as it related to a standard form contract in wide commercial usage.
 
The judgement
 
The question before the Commercial Court was: “Where a cargo is seized by the local customs authorities at the discharge port causing a delay to discharge, is the time so lost caused by ‘government interferences’ within the meaning of clause 28 of the Sugar Charter Party 1999 form?” Clause 28 reads:
 
“Strikes and Force Majeure
 
In the event that whilst at or off the loading place or discharging place the loading and/or discharging of the vessel is prevented or delayed by any of the following occurrences: strikes, riots, civil commotions, lockouts of men, accidents and/or breakdowns on railways, stoppages on railway and/or river and/or canal by ice or frost, mechanical breakdowns at mechanical loading plants, government interferences, vessel being inoperative or rendered inoperative due to terms and conditions of employment of the Officers and Crew, time so lost shall not count as laytime on demurrage or detention…”
 
In deciding whether a force majeure event had occurred, the Court focused on the construction of “government interferences”. It was fairly straightforward to establish that a government entity acting in a sovereign capacity was involved, but owners argued that the government being involved was not enough and that there had to be “interferences”. In reaching its decision that there had been no interference, the tribunal had considered it a key point that seizure was an “ordinary” action. The Court rejected this conclusion. It held that the seizure of the cargo was not routine and did fall within the meaning of “interferences”. Seizure is a significant exercise of executive power and therefore could not be regarded as “ordinary”. Suspected or predictable consequences are not the same as ordinary actions (such as the inspection of the cargo by a government surveyor): “In the usual course of things, cargo is not seized and property rights are not invaded in that way.” The very fact that false documents were involved showed that the circumstances were not routine.
 
The Court emphasised that it was of “real importance” that its conclusion on the language was not difficult to apply, nor did it in any way offend commercial common sense.
 
The owners’ causation argument was also dismissed, as it was held that the seizure caused the delay, even if the submission of false documents caused the seizure.
 
Further detail
 
In allowing the appeal, the Court still maintained the strict and narrow approach to force majeure, stressing that “the answer given to the question is only a narrow ‘yes’. It is ‘yes’ where the circumstances are as in the present case. The answer does not address all of the circumstances that may come within or fall outside clause 28. The answer is concerned only with the seizure of a cargo and with that seizure by a customs authority that is a State revenue authority acting in a sovereign capacity”.
 
This judgment gives some welcome publicly-available guidance on the interpretation of a force majeure clause in a standard form widely used in sugar trading. While the charterers were successfully able to rely on the force majeure clause in this case, it does not signal a change in the strict and narrow approach typically adopted by the English courts.
Source: Baltic Exchange


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 25 June 20
ALL YOU WANT TO KNOW ABOUT COAL MINE AUCTIONS - THE HINDU BUSINESS LINE
Last week, Prime Minister Narendra Modi threw open the auction of 41 coal blocks for commercial mining. The decision, which was part of the announc ...


Wednesday, 24 June 20
MARKET INSIGHT - INTERMODAL
The World Bank estimates that the global economy will fall by 5.2% this year, underlining that the Covid-19 pandemic has had rapid and massive cons ...


Tuesday, 23 June 20
COVID-19 COULD CAUSE A BOOM IN COAL POWER - RYSTAD ENERGY | OILPRICE
COVID-19 has not only impacted the energy industry’s revenues but also its infrastructure development. The delay of new natural gas ...


Tuesday, 23 June 20
CHINA'S COAL OUTPUT UP 0.9 PCT IN JANUARY-MAY: XINHUA
Output of raw coal in China rose 0.9 percent year on year to 1.47 billion tonnes in the first five months of this year, official data showed. & ...


Monday, 22 June 20
KAMSARMAX TYPES REGULARLY HIT THE $9,000 PER DAY LEVEL FOR INDONESIAN COAL RUN TO CHINA, BALTIC BRIEFING SAYS
Capesize The Capesize market trajectory this week has been one of the steepest rallies the sector has experienced. Opening at $12,410, the sect ...


   2 3 4 5 6   
Showing 16 to 20 news of total 5990
News by Category
Popular News
 
Total Members : 26,970
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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