Learning Platform - "Trade Compliance & Surveillance"

Course: Coal & Freight

About the Course

In the first level of the “Coal & Freight, Coal & Freight Markets & Trading” programme focus is on the physicality of coal and chartering of vessels. The programme covers the coal value chain, and ranges from production, via transport, to its processing and consumption. Coal consumption by industry and power generators is covered by this in this programme. Students also learn about vessels, transport routes and technical features.

Knowledge of physicality is essential in order to understand pricing mechanisms and the organisation of coal markets. Without knowledge of physical features one cannot embed logic with respect to trading & risk management.

Course Contents

The coal value chain

  • Production, transport, stock piling & consumption in a nutshell
  • About steam coal and coking coal allocation

Coal reserves & quality – Production & consumption

  • About the volumes of production and consumption
  • Concerning conventional and unconventional coal reserves
  • Peat, (sub-)bituminous coal, lignite, anthracite & graphite
  • About the content of sulphur, ash, moisture

Shipping – Cargo, vessels & routes

  • About the competition between coal, metals & soft commodities
  • Concerning panamax, suezmax, capesize vessels and others
  • Covering important shipping routes & transport capacity

Freight – Chartering & incoterms

  • About trip charters and time charters
  • About terms & conditions of shipping; p.e. free of board (FOB), cost of insurance and freight (CIF) and delivery at ship (DES)
  • Concerning lay-time and demurrage

Pricing of freight – Baltic indices

  • About the internal and external factors of influence
  • Concerning the Baltic indices, such as the Baltic Dry index (BDI)
  • Covering fleet composition and fleet age

Pricing of coal – Price driving factors & benchmarks

  • Re fundamental price drivers
  • About production capacity and flooding of mines / shafts
  • Concerning the substitution effect with natural gas
  • Covering sustainability and renewables

Exam & Certification

Image of the ENTRIMA app on a smartphone

24/7 Learning & Consultation

The ENTRIMA Learning Platforms are also accessible on mobile devices. To do this, download the aNewSpring education app and open your ENTRIMA environment in it. This way you have access to the lessons and knowledge of the Learning Platforms anytime and anywhere.

ENTRIMA has trained numerous professionals and certified thousands of learners, and counting

The in-company training services were very satisfying, amongst others, as they served the purpose of learning by debate and through exchange of thoughts.

Pieter Schuurs
Intercontinental Exchange | ICE Endex

The most positive element of ENTRIMA’s online learning services concerns the progressive (step-by-step) approach from simple to more complex concepts.

Ronan Haas

The online learning services are based on a comprehensive curriculum with a wide variety of theoretical basics combined with a profound business knowledge. The courses provide an in-depth understanding of business relevant processes.

Mario Claeys
Uniper Global Commodities

ENTRIMA’s courses are very suitable for our employees; good quality content is what we look for.

Rob Veersma
Advisor | Global Energy Community

Really well structured and easy to follow content that is varied in delivery in order to keep the reader engaged. Looking forward to seeing more from the ENTRIMA in the future!

Erika Rabadia
Manager Trading Surveillance | Shell

The course provided a good explanation.

Mohammed Abi Afthab Olikathodi
Analyst Energy Data & Scenarios at Eurelectric

Content was good.

Maria Kramer
Operational Risk Management at Statkraft

Good illustrations

Nataly Trofimova
Head of Internal Audit at D.Trading

The most positive element of the course were the short informative lectures.

Olga Lysytsyna
Senior Consultant at E-Star

It is very informative and well described. The subtitles help.

Mohammed Abi Afthab Olikathodi
Analyst Energy Data & Scenarios at Eurelectric

ENTRIMA’s Learning Platform provides access to a rich variety of courses which is really valuable for a life-long learner. You can access the content anytime and very easily, using your time wisely to study and grow.

Onest-Dan Gheorghisor
Sr. Expert Energy Trading & Risk Management B2B & B2C Sales OVM Petrom