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Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
 COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dry bulk terminals set up at a cost of approx Rs. 800 crores (US$ 170.447 million), according to Essar's website.
About Hazira port
- With 30MTPA, Hazira becomes one of the top dry bulk ports of India
- India' second largest private port operator with 76MTPA capacity, going up to 158MTPA by FY2013.
- MV Malavika, a 53,000-DWT vessel, became the first Supramax to berth at the newly constructed, all-weather berth
- The channel is being deepened further to bring in large vessels up to 105,000 DWT
- Direct berthing of vessels at the terminal all year round
Hazira: Essar Shipping Ports & Logistics Ltd's 30 MTPA state-of-the-art bulk terminal became operational with the berthing of the first supramax vessel - M.V. Malavika. The all-weather, deep water terminal at Hazira is one of India’s largest dry bulk terminals.
With the commissioning of this facility, Essar’s total cargo handling capacity, between Hazira and Vadinar, has now increased to 76 million tonnes per annum, making Essar one of India’s largest private port operators. The terminal, which started commercial operations this month, has been set up at a total cost of approximately Rs 800 crores.
Commenting on this milestone, Capt. S. Das – CEO, Essar Bulk Terminal Ltd (EBTL), said: “I am delighted that with the commissioning of this facility, Hazira will find a pride place on the global map of terminals. This also firmly establishes EBTL’s credential to build and operate large terminals. This facility can now become the gateway terminal of Gujarat for deep draught vessels”.
The terminal, with a 550-m long berth, is capable of accommodating larger vessels directly alongside the berth throughout the year, resulting in quicker turnarounds and reduced dependence on current lighterage operations.
This terminal facility will serve as a fully integrated transportation hub that will not only support Essar Steel Hazira’s expanded steel-making capacity of 10 MTPA but will also result in faster services and substantial savings for other trade and terminal users.
The terminal is connected to the high seas of the Gulf of Khambatt by a 7.2-km navigation channel with a width of 230 M and a depth of 8 M below chart datum (CD). The dredged channel, which is being widened and deepened further, will soon be able to accommodate mini cape-sized vessels up to 105,000 DWT.
The commencement of the facility coincided with Gujarat’s 50th anniversary and celebration of Swarnim Gujarat.(1 INR = 0.0213059 USD).
About Essar Group
The Essar Group is a multinational conglomerate and a leading player in the sectors of Steel, Oil & Gas, Power, Communications, Shipping Ports & Logistics, Construction and Minerals. With operations in more than 20 countries across five continents, the Group employs 60,000 people, with revenues of USD 15 billion. For more information, visit www.essar.com
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Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...
Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...
Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...
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- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Australian Coal Association
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
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