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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, 13 November 13
THE SOFTENING HAS AFFECTED THE BIGGER SIZE SEGMENTS; SMALLER ONES STILL APPEAR TO BE VERY STABLE - INTERMODAL
After a month and a half of back to back weekly declines, the dry bulk market has finally reversed its negative course. We believe that there should ...
Wednesday, 13 November 13
DRY BULK MARKET HAS REVERSED ITS NEGATIVE COURSE - INTERMODAL
Chartering (Wet: Firm+ / Dry: Stable+ )
The Dry Bulk market has reversed its negative course this past week with rates for Capes making up fo ...
Wednesday, 13 November 13
NEWCASTLE COAL EXPORTS PLUNGE 12.40% IN W/E 10 NOVEMBER FROM THE PRIOR WEEK
COALspot.com: In the week ended November 11, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totaled 2.42 ...
Monday, 11 November 13
TAMIL NADU STATE OWNED POWER GENERATOR TO IMPORT 3.7 MMT OF 6000 GAD COAL
COALspot.com - TANGEDCO, Tamil Nadu Generation & Distribution Corporation Ltd, Tamil Nadu state owned power generator & distributor intends ...
Sunday, 10 November 13
PANAMAX COAL FREIGHT RATES REMAIN UNDER PRESSURE; SUPRAMAX BIGGEST GAINER - REDDY
COALspot.com: The freight market was up this week with all indices increased except for Panamax index.
The BDI was up by 56 points closing at 158 ...
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- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Planning Commission, India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Australian Coal Association
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
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