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
Friday, 16 September 22
BIMCO EMBARKS ON NEW STANDARD FOR “QUIET ENJOYMENT”
BIMCOKNOWLEDGE TO ELEVATE
 
A newly set-up BIMCO drafting team involving a cross-section of shipowners, charterers, financing and leasing institutions and private practice lawyers from Asia, Europe and the US began work this week to develop a standard letter of quiet enjoyment (LQE) for use in long term charter and leasing structure financings.
 
There is currently no standard form of LQE available in the market and while LQEs have long been a feature of ship financing transactions, the lack of a standard form means that the wording of an LQE may often vary significantly from one transaction to another. In most cases, an LQE will be beneficial to all parties involved, namely by preserving the charterers’ uninterrupted use and enjoyment of a ship – and thereby ensuring a regular income for the owner – and an opportunity for the lenders to secure rights of their own, e.g. in relation to appointing a replacement owner.
 
“By bringing together all the relevant stakeholders, we are planning to develop a balanced standard that can be used in various types of structures, as always with the possibility of the parties tailoring it to their specific needs,” says Catherine Smith of Hong Kong based Wah Kwong, who is chairing the drafting team.
 
The LQE will complement BIMCO’s existing suite of ship financing and leasing standards, SHIPTERM and SHIPTERM S (for bilateral and syndicated term loan facilities) and SHIPLEASE (for ship sale and leasebacks). A standard Shipmanagers’ Letter of Undertaking is also available from BIMCO.
 
At its first meeting on 7-8 September, the drafting team in charge of the project discussed the scope and objectives of the project. The overall aim is to develop a standard that is workable both for time and bareboat charter contexts as well as leasing. Several versions might be developed, namely in the form of unilateral and multilateral party LQEs. The standard will not cater for more complex project financings and similar structures as these will typically be very deal specific and therefore have to be tailormade.
 
The team also includes Sarah Jane Thompson of BHP in Singapore, Gitte Vannus Kragelund of Danish Ship Finance in Copenhagen, Jay Shi of CMB Financial Leasing Co., Ltd. in Shanghai, Olga Petrovic of Linklaters in London and Gerald Morrisey of Holland & Knight in New York.
 
The drafting team will continue its work on 24-25 October.
Source: BIMCO


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

Recent News

Friday, 09 September 22
GREECE WILL KEEP COAL-FIRED PLANTS RUNNING FOR LONGER AMID GAS CRISIS - REUTERS
Greece will keep seven coal-fired plants running for longer than previously planned as European countries adjust to a cut in gas flows coming from ...


Friday, 09 September 22
CHINA'S DROUGHT INTENSIFIES GLOBAL COAL SHORTAGE - REUTERS
China’s drought has sent coal prices surging as traders anticipate the lack of hydroelectric generation will force it to burn more coal to me ...


Thursday, 08 September 22
MOODY.S AFFIRMS ABM INVESTAMA'S B1 RATINGS FOLLOWING PLANNED MINORITY INVESTMENT IN COAL MINER; OUTLOOK STABLE
Moody's Investors Service has affirmed ABM Investama Tbk (P.T.)'s B1 corporate family rating (CFR), along with the B1 rating on its senior ...


Thursday, 08 September 22
MARKET INSIGHT - INTERMODAL
While the energy markets are historically stretched, Russian flows of crude oil are closely monitored as the oil trade is ultimately realigned. Mor ...


Friday, 02 September 22
INDONESIA COAL PRICE REFERENCE SLIPS SLIGHTLY IN SEPTEMBER 2022
COALspot.com: Indonesian Coal Price Reference for September delivery drops 0.74 per cent month on month.   The Indonesian Coal Price R ...


   47 48 49 50 51   
Showing 241 to 245 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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