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
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT 
BIMCOBIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for the maritime industry. The revisions reflect significant changes in the regulatory landscape since the contract was last updated.
 
In response to changes within the areas of regulation and safety, BIMCO has updated GENCON 1994 to reflect the commercial and legal requirements in today’s shipping practices. The voyage charter party, used in dry bulk trade, was last updated in 1994 and the new version addresses all terms and conditions that the commercial parties need to incorporate by means of rider clauses. This will help companies that may not have an internal legal department to turn to for assistance.
 
The drafting group engaged in the development of GENCON 2022 consisted of representatives from both the chartering and shipowning sector to assure the new version strikes the right balance with regards to the rights and obligations of both parties.
 
“When we sit down and start the process of drafting standard contracts and clauses for the maritime industry, our focus is on striking the right balance between the parties involved. This is regardless of which contract or clause is on the drawing table. The drafting of GENCON 2022 reflects this,” says Søren Larsen, BIMCO Deputy Secretary General.
 
Focus has also been on the importance of producing a clearly worded contract that leaves little room for disputes on matters of interpretation.
 
“I have been active in dry bulk shipping all my working life and have seen how important it can be to get the wording just right,” says John Weale, Chairman of the drafting sub-committee. “There is no perfect charter party, but I do believe that GENCON 2022 will go a long way towards meeting the needs of today’s industry and avoiding disputes.”
 
The 2022 update will mark 100 years since GENCON was first launched by BIMCO, as the first edition was published in 1922.
Source: BIMCO


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

Recent News

Thursday, 30 June 22
WHY ARE LNG SHIPPING STOCKS RESILIENT? - DREWRY
LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caus ...


Thursday, 30 June 22
SPOT AUSTRALIAN THERMAL COAL HAS SURGED, BUT CONTRACT PRICE IS KEY - REUTERS
The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market ...


Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 ...


Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to na ...


Thursday, 30 June 22
INVESTMENT IN GLOBAL COAL SUPPLY CHAIN TO HIT $115 BN IN 2022, LED BY CHINA AND INDIA - BUSINESS LINE
At over $80 billion, China and India are anticipated to make up the bulk of global coal investment in 2022, says IEA.   The investment ...


   61 62 63 64 65   
Showing 311 to 315 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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