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Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS


COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54,500 MT. The cargo was loaded in vessel MV.TIAN LI HAI by using the conventional system of loading.

According to KPCL, the vessel called to the port on 12th April and the loading commenced at 16:20 hrs which ended on 13th April at 16:20 hrs. The entire cargo of 88,000 MT was loaded into the vessel within 36 hrs, thereby setting it’s highest-ever loading record.

"COSCO, whose vessel was loaded in record time, have expressed their gratitude to the Port management for its support and wished the port to set further records", KPCL officials said.

The port will complete two years of operations in the next 3 months but the volume of cargo handled at the port has almost doubled to 16.1 Million MT of cargo for financial year ending 2009-10 as compared to its previous financial year’s figures of 8.2 Million MT.

According to KPCL's press release, such records further enhance Krishnapatnam port’s belief in faster turnaround times and thereby creating value to its customers, in its quest to stand tall as the largest port in India.



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Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and ...


Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE
Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks. Bank of Tokyo Mitsubishi ...


Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there wa ...


Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several ...


Monday, 19 April 10
WHITE ENERGY BUYS SA COAL - ABC NET
ABC Net reported that, South Australian Coal Limited is being bought by the New South Wales company White Energy. Shareholders will get a combine ...


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