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

Friday, 01 December 23
COAL MINERS GROUP EXPECTS INDONESIA’S 2023 COAL OUTPUT TO SURPASS TARGET - REUTERS
The Indonesian Coal Mining Association (ICMA) expects the country’s 2023 coal output to surpass the official target of 695 million metric ton ...


Friday, 24 November 23
COAL IMPORTS TO INDIA IN OCTOBER 2023 REACHED HIGHEST LEVELS IN NEARLY A YEAR AND A HALF - VESSELSVALUE, VESON NAUTICAL
In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2 ...


Friday, 24 November 23
COAL SHIPMENTS TO ADVANCED ECONOMIES DOWN 17% SO FAR IN 2023 - BIMCO
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electric ...


Friday, 24 November 23
INTELLIGENT COAL MINES CONTRIBUTE TO IMPROVING SAFETY STANDARDS - CHINA DAILY
Mechanization, automation and intelligent upgrades have contributed to improved safety in coal mines, though the level of development of intelligen ...


Friday, 24 November 23
WHY AUSTRALIA'S COAL MINES ARE GETTING BIGGER - IEEFA
Australia’s largest coal mines are getting larger. Mines in New South Wales (NSW) are ramping up production following the state’s recov ...


   12 13 14 15 16   
Showing 66 to 70 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 ...

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