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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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Friday, 17 January 14
DRY BULK MARKET ENDS DECLINE, BOUNCES BACK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's been a rough start to the New Year for the dry bulk market, which was supposed to be on the verge of rallying to new heights this year, on the ...
Friday, 17 January 14
SPOT COAL PRICE TRENDS IN US VARY ACROSS KEY BASINS DURING 2013, SAYS EIA
COALspot.com: Spot steam coal price trends in US varied across key basins in 2013, a latest EIA report says. Compared with 2012, while total coal de ...
Thursday, 16 January 14
PANAMAX : THE GAP BETWEEN SPOT AND PERIOD HAS INCREASED IN BOTH HEMISPHERES - FEARNRESEARCH
Handy
In the Atlantic we have seen rates slowly sliding on lack of enough fresh business. USG/Continent still paying excess 28k and seems on an upw ...
Thursday, 16 January 14
SHIP OWNERS SCRAP 1,119 SHIPS DURING 2013 ON THE BACK OF OVERSUPPLY ISSUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Scrapping of older vessels is still the best bet that ship owners can make, in order to improve their newer vessels' fortunes, amid an oversupply o ...
Wednesday, 15 January 14
KOREA MIDLAND POWER CO INVITES BIDS FOR 360K MT OF SUB-BITUMINOUS COAL FOR ITS BORYEONG PLANT
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 360,000 Metric Tons (MT) of sub-bituminous ...
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- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Australian Coal Association
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Planning Commission, India
- White Energy Company Limited
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Economic Council, Georgia
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
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