25th International Coal Supply Contracts and Transport Logistics Training Course
Date:
13 September 2010 - 17 September 2010
Venue:
Corpus Christi College, Oxford, United Kingdom
This intensive residential training course aims to provide participants with an overview of the current international coal market and an in-depth understanding of coal supply agreement negotiation. It will cover the optimal management of all the links in the transportation chain from mine to end-user, as well as the various options for trading coal as a commodity.
Media Partners
background
After the enormous and unprecedented price swings of 2008, the coal and shipping markets have shown a surprising stability in the last twelve months. Although, climate change and other environmental concerns are inevitably an increasing challenge to the international coal industry, especially with the uncertainty over future carbon prices, energy and environment policy makers are facing up to the fact that coal will continue to fuel approximately 40% of world electricity production for at least the next couple of decades and increasing resources are being allocated to carbon capture and storage. In this context, there has never been a more crucial time for coal and freight executives and traders to receive the indispensable training required to keep abreast of the evolving nature of the international coal business, or a more auspicious platform for new players to obtain a thorough briefing on the fundamentals of the industry.
course objectives
This intensive residential training course aims to provide participants with an overview of the current international coal market and an in-depth understanding of coal supply agreement negotiation. It will cover the optimal management of all the links in the transportation chain from mine to end-user, as well as the various options for trading coal as a commodity.
Upon completion of the course you will understand:
The dynamics of the current thermal and coking coal markets
How to negotiate coal supply and transport agreements – crucial elements to include and pitfalls to avoid
The challenges of price forecasting in a complex and changing global environment
How to build coal quality assurance into contracts and logistics
What type of vessel and shipping contract is appropriate for different circumstances
The logistics of each mode of coal transport and transhipment
The role of traders, brokers, agents and lawyers in arranging deals and transport
Legal considerations around coal and freight contracts including force majeure situations
The coal buyer’s perspective: The importance of various quality parameters for buyers, and changing technologies for coal use
The appropriate use of paper trading and derivatives for both coal and shipping
How to trade coal as a commodity and how to hedge risks in the physical trade
The impact of CO2 regulation and emissions trading on coal consumption and sales
PLUS:
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Participate in practical case studies, integrating and reinforcing the concepts and methods learned during presentations
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Get a first-hand view of coal unloading facilities at Bristol Port and visit
- RWE npower’s coal-fired Didcot A power station
