Press Release

Two new Market Members join the globalCOAL trading community

LONDON AND SINGAPORE – 30 July 2015

Two new Market Members have today joined the globalCOAL online coal trading platform.

Javelin Global Commodities is a London-based global commodities trading, logistics, operations, risk management, financing and investment company initially focused on the international thermal coal and related markets.

Gulf Petrochem FZC is primarily involved in oil trading, bunkering, refining, storage and shipping and logistics. The company is based in the United Arab Emirates and trades in India, South East Asia, East Africa, Europe and South America.

Tracy Vowel, Head of Front Office for globalCOAL, welcomed the new members. “We’re delighted to see the globalCOAL trading community further expanding with the addition of Gulf Petrochem and Javelin Global Commodities. Even in the current low price, low volatility environment, the market values the unparalleled price transparency and access to market that only the globalCOAL trading screen can provide.”

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