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

Sunday, 10 September 23
CHINA AUGUST COAL IMPORTS OF 44.3 MLN T HIT RECORD - REUTERS
China, the world’s top coal consumer, imported 44.3 million metric tons of the fuel last month, customs data showed, the highest amount in an ...


Tuesday, 22 August 23
CHINA'S COAL PRODUCTION LOGS STEADY GROWTH IN JANUARY-JULY: XINHUA
China’s output of raw coal went up 3.6 percent year on year in the first seven months of this year, official data showed.   The ...


Sunday, 13 August 23
THE COMMODITIES FEED: LNG SUPPLY RISKS LINGER - ING
Energy – OPEC sees deficit over remainder of 2023   Oil prices came under some pressure yesterday with ICE Brent settling a litt ...


Wednesday, 09 August 23
COAL TRADE TO RETURN TO 2019 LEVELS - BALTIC EXCHANGE
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. ...


Sunday, 23 July 23
ANALYSIS-INDIA'S COAL MINING BET STUMBLES AS WARY BANKS WEIGH RISING RISKS - REUTERS
India’s drive to ramp up coal output to meet growing energy demand is faltering due to banks’ reluctance to finance newly auctioned min ...


   16 17 18 19 20   
Showing 86 to 90 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 ...

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