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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, 25 June 13
NEWCASTLE PORT SHIPPED OUT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 3,101,378 tons of coal for the week ended 0700 hours 24 June 2013, Newcastle Port Corp. ...
Monday, 24 June 13
INDONESIA COAL SWAP FOR AUGUST 2013 DELIVERY GAINS WEEK ON WEEK
COALspot.com – Coal prices for immediate supply contracts have started moving up, but prices for next year supply shows a negative trend ...
Sunday, 23 June 13
BDI CROSSED ITS PSYCHOLOGICAL BARRIER THIS WEEK - VISTAAR
COALspot.com : The BDI crossed the psychological barrier of 1000 points after many months and closed at 1,027 points, which were up by 14.11 pct wee ...
Sunday, 23 June 13
SHIP PRICES NOT FOLLOWING FREIGHT MARKET FUNDAMENTALS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Although it's been the case in many occasions in the past, it appears that ship prices haven't been quite following freight market fundamentals, i ...
Friday, 21 June 13
U.S. COAL PRODUCTION INCREASED WEEK ON WEEK, EIA SAYS
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 19.70 million short tons (mmst) of ...
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