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Wednesday, 22 January 14
SGX SUCCESSFULLY LAUNCHED FREIGHT FUTURES
COALspot.com: Singapore exchanged announced that, SGX Freight Futures were successfully launched on 20 January 2014, and the first trade was registered for clearing on SGX-DC with an initial trade of 20 lots of Capesize Time Charter Average futures contracts brokered by Clarkson Securities Limited between a European trading firm and a shipping company. According to SGX, Aggregate futures trades for the launch day amounted to 50 lots.
Other participants contributing on launch day included SSY Futures Limited which brokered trades between global trading firms Cargill International and Noble Chartering, SGX further said in its note.
To encourage increased participation in the freight markets, SGX is offering a discounted clearing fee on all its Freight derivatives until 31 July 2014. This discounted fee applies to all customers and is extended with a view to reducing their trading and clearing costs. Under the discount program, all freight products will be charged a flat rate of US$ 4.50 per lot (before GST) except for those freight products whose standard rates are lower than the discounted fee.
In addition to market-wide clearing fee discount program, SGX also offers customer-specific incentive schemes to further reduce the impact of exchange clearing fees for those participants with higher trading volumes subject to terms and conditions.
Customers participating in both Iron Ore and Freight markets can also enjoy margin savings of up to 50% on inter-commodity spread positions. This is particularly beneficial for global traders who have underlying commodity and freight price risk management needs and those exposures can be hedged with efficient capital deployment resulting from margin offsets.
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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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- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- The University of Queensland
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- White Energy Company Limited
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
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