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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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Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...


Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.  The Cape index up by 10.32 pct ...


Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...


Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...


Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...


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