Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Asian coal market develops with Australian (API 5) over-the-counter coal swap

SINGAPORE, Jan. 21, 2013 /PRNewswire/ -- The first swap deal based on the Australian API 5 coal index has been transacted, global energy and commodity price reporting agency Argus announced today.

The over-the-counter deal was brokered by Marex Spectron and involved Standard Bank as one of the counterparties.

The API 5 index represents 5,500 kcal/kg NAR high-ash coal shipped from Australia and, together with the API 8 index representing the same quality coal shipped to China, is the most closely watched coal assessment in Asia. Growing interest in API 5 and API 8 has been driven by the strong rise in coal demand from China and India in recent years. Australian mining firms increased production from mid-2011 amid growing demand from Chinese, South Korean and Taiwanese buyers.

The API 5 index was launched jointly by Argus and IHS McCloskey Coal at the start of May 2012 and has quickly gained the confidence of the coal trading community as a reliable, independent price assessment. A two-year term physical contract for coal deliveries linked to API 5 was signed in November. Argus and IHS McCloskey Coal also publish the successful API 8 coal index for deliveries of steam coal to south China.

"With physical deals being regularly quoted on the API 5 index it is very encouraging to see the API 5 swaps trade. The opportunity to trade the implied freight between API 5 and API 8 is generating a lot of interest," said Oliver Haines from Marex Spectron.

"This is another small but significant step in the evolution of the Asian coal market and we are pleased to be able to participate in the ongoing commoditisation of coal. Coal indexation and the accompanying risk management tools such as these swaps contracts provide producers, end-users and other market participants with more flexibility in their respective businesses," said Ivan van Niekerk, the head of coking and thermal coal at Standard Bank.

Argus chairman and chief executive Adrian Binks said: "We are delighted to hear that the Argus/IHS McCloskey API 5 index has been recognised and used for risk management by market participants."

Argus and IHS McCloskey Coal publish a series of API indexes, which are used for 90pc of the world's internationally traded coal derivatives.

The methodologies used to derive the Argus and IHS McCloskey prices are available online at www.argusmedia.com/methodology & reference and www.mccloskeycoal.com.

Media contacts:

Singapore
Jim Nicholson
+65 6496 9960 
singcom@argusmedia.com

London
Seana Lanigan
+44 20 7780 4272
seana.lanigan@argusmedia.com

Houston
Gabriela Alcocer
+1 713 429 6308
gabriela.alcocer@argusmedia.com

About Argus Media

Argus is an independent media organisation with nearly 500 full-time staff. It is headquartered in London and has offices in each of the world's principal energy centres. Its main activities comprise publishing market reports containing price assessments, market commentary and news, and business intelligence reports that analyse market and industry trends.

More than half of Argus' staff are commodity journalists who specialise in reporting news and price information relating to physical energy and related commodity markets. They operate according to a rigorous Editorial Code of Conduct and an Ethics Policy that align with best journalistic practice, including the avoidance of conflicts of interest.

Argus is a leading provider of data on prices and fundamentals, news, analysis, consultancy services and conferences for the global crude, oil products, natural gas, electricity, coal, emissions, bioenergy, fertilizer, petrochemical and transportation industries. Data provided by Argus are widely used for indexation of physical trade. Companies, governments and international agencies also use Argus information for analysis and planning purposes.

Argus has 19 offices globally, including London, Houston, Washington, New York, Calgary, Rio de Janeiro, Singapore, Dubai, Beijing, Tokyo, Sydney, Moscow, Astana and other key centres of the energy industry. Argus was founded in 1970 and is a privately held UK-registered company.

SOURCE Argus Media

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
For retailers everywhere, it’s a challenging new day. Security threats are a constant – both inside their four walls and out. The big security breaches we hear about on the news; the smaller ones sometimes not. But their impact remains costly to us all. The need for mobility, rapidly e...
I write and study often on the subject of digital transformation - the digital transformation of industries, markets, products, business models, etc. In brief, digital transformation is about the impact that collected and analyzed data can have when used to enhance business processes ...
I had the privilege of attending a mobile security event this week and speaking with many experts on the matter. I am not a mobile security expert, so my role was to speak on mobile strategies and trends and to learn as much as I could. What did I learn? I learned the difference b...
General Electric (GE) has been a household name for more than a century, thanks in large part to its role in making households easier to run. Starting with the light bulb invented by its founder, Thomas Edison, GE has been selling devices (“things”) to consumers throughout its 122-year...
It's time to condense all I've seen, heard, and learned about the IoT into a fun, easy-to-remember guide. Without further ado, here are Five (5) Things About the Internet of Things: 1. It's the end-state of Moore's Law. It's easy enough to debunk the IoT as “nothing new.” After all,...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE