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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, 20 December 13
US PRODUCED 2.71% MORE COAL WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal in ...
Friday, 20 December 13
DRY BULK MARKET SLUMPS AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As has been the case in recent years, the dry bulk market has been on a downward trend ahead of the Holiday Season for a large part of the world. Th ...
Thursday, 19 December 13
SHIPPING CONFIDENCE HITS THREE-YEAR HIGH - MOORE STEPHENS
Overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November 201 ...
Wednesday, 18 December 13
SNP ACTIVITY IN CHINA SEEMS TO BE SLOWING DOWN - CHRISTOS TRAGEAS
Approaching the end of the year, SnP activity in China seems to be slowing down in comparison to the first half of this quarter, as most Chinese Shi ...
Wednesday, 18 December 13
DEMOLITION ACTIVITY SCALED BACK AS FREIGHT RATES RISE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's always been the case that each time we witness a spike in freight rates, demolition activity is decreasing, as owners are looking for more car ...
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- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- The University of Queensland
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
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