News
Spectron brokers first 2012 CO 2 allowance trade
The first 2012 European CO 2 allowances (EUAs) have been traded through energy broker Spectron.
GlobalCoal launches ARA FOB Barge Index, swap product
GlobalCoal has introduced the ARA FOB Barge Index based on their ARA barge contract.
GlobalCoal wins injunction against Icap
The Court of Appeal in London today awarded GlobalCoal an interim injunction against Icap Energy in a dispute over an alleged breach of GlobalCoal’s product licence agreement (PLA), pending trial. GlobalCoal may now seek damages.
UBS, Diapason launch first biofuels index
Swiss bank UBS and Swiss commodity firm Diapason Commodities Management Investors launch the first commodity-based index for biological fuels.
Air India starts fuel hedging
Air India has become the first airline in India to hedge its jet fuel price risk, using commodity derivatives contracts at the end of February for the first time.