2010/12/01

Fwd: RWE Says Starts Coal, Freight Trading From Singapore This Month

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RWE Says Starts Coal, Freight Trading From Singapore This Month
2010-12-01 11:12:25.237 GMT


By Catherine Airlie
Dec. 1 (Bloomberg) -- RWE Supply & Trading, a unit of RWE
AG, Germany's second-largest utility, is starting a trading desk
in Singapore that will initially focus on coal and freight.
"The opening of a trading floor is evidence of our
commitment to the Asia-Pacific market and will build upon the
activities of the marketing office that was established in
2008," Jon Cameron, managing director of RWE's Singapore trading
office, said in a statement today.
RWE said James Collins will move from its U.K. office to
head up Asia-Pacific trading while Sam Flint will also relocate
to take a trading role.

Link to Company News:{RWE GR <Equity> CN <GO>}

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To contact the reporter on this story:
Catherine Airlie at +44-20-7073-3308 or
cairlie@bloomberg.net

To contact the editor responsible for this story:
Raj Rajendran at +44-20-3216-4083 or
rrajendran4@bloomberg.net