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Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact with its growing number of members in the region and focus on the development of Baltic freight market information to meet their needs. Unveiling the news at the inaugural meeting of the Baltic’s Asian Dry Freight Market Information Users Group, Baltic Exchange chief executive Jeremy Penn said: "Opening our office (here) in Singapore is an important step in ... ensuring the Baltic is fully attuned to the needs of the shipping market in the Asia-Pacific region.”
MPA (Maritime and Port Authority of Singapore) chairman Peter Ong welcomed the move, saying: “We are honoured that the Baltic Exchange has chosen Singapore as the location for its first office outside of London. We are confident that the Baltic Exchange’s presence in Asia will be well received by the maritime community in Singapore and in Asia. We look forward to working with the Baltic Exchange to develop the freight derivatives market in Asia and beyond.”
The new office will be run by Philip Williams, an experienced shipbroker who has previously worked for Braemar Seascope (Perth), Navios and Fiona Maritime Agencies. The Baltic Exchange currently has 60 member companies based in the Asia Pacific region.
Source: SeatradeAsia Online / Hellenic Shipping
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Tuesday, 16 June 09
INDIAN MINING WORKER ARRESTED IN BENGKULU
Forestry officials in Bengkulu Province, Sumatra, arrested one Indian national and two Indonesians on Sunday for unauthorized exploration in the ele ...
Tuesday, 16 June 09
INDIAN GOVERNMENT MAY ALLOW PRIVATE COMPANIES TO MINE COAL
The government is “strongly considering” to allow commercial coal mining by private companies in a bid to bridge the demand-supply gap, ...
Monday, 15 June 09
SAFRICA'S COAL TERMINAL EXPANSION DELAYED TO Q4
South Africa's Richards Bay Coal Terminal (RBCT) said on Monday the completion of a project to expand the export facility had been delayed to the f ...
Monday, 15 June 09
SHENHUA DENIES GIVING GROUND ON EXPORT COAL PRICE - REUTERS
China Shenhua Energy Co, the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers fo ...
Monday, 15 June 09
POWER PLANT SUFFERS FROM COAL CRISIS - THE STATESMAN
The 3,000 mw NTPC-Kaniha power plant, the second biggest in the country, is facing an unprecedented coal crisis with stocks dipping to a low of only ...
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- Interocean Group of Companies - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
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- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
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- Metalloyd Limited - United Kingdom
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- Directorate General of MIneral and Coal - Indonesia
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