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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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Saturday, 30 November 13
NTPC STARTED IMPORTING COAL THROUGH NW1 FOR ITS FARAKKA POWER PLANT
COALspot.com: In a pioneering and path breaking operation, the very first consignment of about 69,060 metric tons of imported coal bought by MV HUAY ...
Friday, 29 November 13
DRY BULK MARKET BACK ON HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market is strengthening as a result of higher demand for Capesize vessels. The BDI (Baltic Dry Index) was up by 146 points yesterday, e ...
Wednesday, 27 November 13
DRY SEGMENTS EXCEPTION OF PANAMAXES, REMAINED OVERALL STABLE - INTERMODAL
COALspot.com : The Dry Bulk market closed off the week in the red, albeit the decrease noted was of short scale. With the exception of Panamaxes, th ...
Wednesday, 27 November 13
US WHEAT IMPORTS TO BRAZIL, REACHED A 35 - YEAR HIGH - EVA TZIMA
COALspot.com: As I am going through a number of dry market fixtures reported since the beginning of October, my eyes instinctively stop where they d ...
Wednesday, 27 November 13
SHIP OWNERS ONCE AGAIN TURN TO DRY BULK CARRIERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners once again turned to more dry bulk carrier ordering over the course of the past week, as more and more appear convinced of the industry ...
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- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Economic Council, Georgia
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Australian Coal Association
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
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