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Tuesday, 24 December 13
SGX HAS LAUNCHED FREIGHT FUTURES
COALspot.com: Singapore Exchange (SGX) has announced the launch of freight future yesterday.
According to SGX’s press release, SGX has launched SGX Baltic Capesize Time Charter Average Futures, SGX Baltic Panamax Time Charter Average Futures, SGX Supramax Time Charter Average Futures and SGX Handysize Time Charter Average Futures.
The press release further said that, listing of SGX Freight Futures further broadens the suite of SGX AsiaClear Futures offerings to meet the needs of SGX’s customers with a choice of futures and swaps. The contract specifications of SGX Freight Futures are in most aspects similar to its corresponding swaps. Both share the same daily and final settlement prices and expiry dates. Once these contracts are submitted for clearing, the risk management treatment and pay-off for the two contracts are identical. These products are fully fungible with their corresponding swaps currently cleared by SGX-DC.
The contracts will be traded and cleared on SGX-DT and SGX-DC, respectively.
Customers with equal and opposite positions in SGX Freight futures contract and its corresponding swap contract can enjoy margin offsets. Also, market participants are strongly encouraged to take advantage of capital efficiencies delivered through margin credits of up to 35% on spread positions between SGX Freight products and SGX Iron Ore products. The minimum margin requirements for the SGX Freight Futures will be published closer to the date of launch.
The Exchange is offering new customer incentive programs to reduce the transaction costs of clearing on SGX subject to terms and conditions. Interested market participants are requested to reach out to SGX representatives for further details.
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Wednesday, 25 December 13
SHIPPING : AS FAR AS THIS CYCLE IS CONCERNED, 'WE HAVE SEEN THE WORST....!' - JOHN N. COTZIAS
In a week’s time the year comes to an end. Having been a speaker in two seminars over the past 5 days I was able to see the year ending trends ...
Tuesday, 24 December 13
AUSTRALIAN NEWCASTLE PORT'S WEEKLY COAL EXPORTS UP 11.46% W-W
COALspot.com: In the week ended December 23, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.84 ...
Monday, 23 December 13
API 8 CFR SOUTH CHINA COAL SWAP FOR AVERAGE Q1' 14 CLOSED AT $ 82.80
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 2.97 percept month on month as on Friday 20 December 2013. ...
Sunday, 22 December 13
Q1' 14 DELIVERY COAL SWAPS CLOSING HIGH COMPARED TO Q4' 14 DELIVERY CLOSING
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery gained $ 1.31 pmt month on month on Friday 20 December 2013 ...
Sunday, 22 December 13
QUIET FREIGHT MARKET DUE TO LONG HOLIDAYS
COALspot.com: The market was soft this week with all indices down. However towards second half of the week the futures on segments was firming up.
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- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- PTC India Limited - India
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
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