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Friday, 30 September 11
KRISHNAPATNAM PORT WINS GLOBAL PORT & COAL PORT OF THE YEAR AWARDS
 COALspot.com - Krishnapatnam Port, a dynamic new generation world class port located in the East Coast of India has been adjudged the winner in the category of Port Operator Award at the Lloyd’s List Awards, Global 2011. The maritime industry’s prestigious award took place on Tuesday 20 September, 2011 at the London Hilton Park Lane. The award was received by Mr. Subhangshu Dutt, Executive Director, Singapore based arm of Krishnapatnam Port Company Ltd.
The e-Mail statement further said, Krishnapatnam Port’s winning entry impressed the judges with both the scale of its ambition and an impressive list of tangible accomplishments over the past year. It was by no means the largest operator in the shortlist, but as one of India’s fastest growing seaports it has emerged as welcome addition to an economy increasingly reliant on efficient infrastructure projects. Among the other finalists were APM Terminals, DP World, General Organization of Sea Ports, Porto nave and Red Sea Gateway Terminal.
Commenting on both the fabulous news, the port’s CEO, Anil Yendluri said: “Winning this award, is a re-validation of our vision that we are heading in the right direction and the trade is recognizing our efforts. We are not only striving to boost the economy but also working towards the overall social well-being of the region.”
According to the statement of company, the port is being built in three phases and currently the second phase of development is underway. Krishnapatnam Port is planning to invest INR 2,000 crore (approx. US$ 408,382,064) more to improve cargo handling efficiencies to meet the growing demand from local industries, thereby creating immense job opportunities.
The fresh investment is in addition to INR 4,000 crore (approx. US$ 816,764,128) for the Phase II expansion announced in March 2009. Districts around the port has witnessed a significant economic development in the last couple of years with several multi-product special economic zones, agri based and port based manufacturing facilities coming up requiring huge import and export handling facilities.
Apart from coal-fired power projects several palm oil and sugar refineries have already come up and more are lined up in the region. The port currently has the ability to handle cargoes like Agri products like Rice, Maize, General, Dry-bulk like Barytes, Coking Coal, Edible Oil, Fertilizers, Granite, Gypsum, Iron Ore, Met Coke, Palm Kernel, Pet Coke, Quartz, Raw Sugar, Rock Phosphate, Steam Coal and Oversize & non-standard cargo.
Krishnapatnam Port plans to increase its installed capacity to around 70 million tons a year by end of 2012.
Krishnapatnam Port’s abilities were also recognized by another trade body - mjunction and IHS McCloskey when it awarded the ‘Coal Port of the year’ award at the 2nd Indian Coal Industry Awards Dinner held at The Oberoi Hotel, New Delhi on the evening of Tuesday, September 27, 2011.
The port has also become the finalists for the Port Operator Award at the esteemed Lloyd’s List Awards Asia 2011 and is shortlisted for the Best Dry Bulk Port at the celebrated IBJ Awards 2011.
With numerous strengths like its strategic location, outstanding services and facilities, Krishnapatnam Port is evolving as a hub for export-import cargo and it will soon be poised to become one of the biggest ports in the world and the largest port in India.
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Wednesday, 05 October 11
WITH CHINA ON HOLIDAY, DRY BULK MARKET REMAINS STAGNANT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has remained to healthy levels after last month’s rally, but with China going on holiday this week, things are looking sta ...
Tuesday, 04 October 11
INDONESIA RAISES COAL BENCHMARK (HBA) FOR FIRST TIME IN 4 MONTHS
COALspot.com - Indonesia raised the monthly reference price for sales in October by 2.56 percent, the first increase since June.
The Ministry of ...
Tuesday, 04 October 11
COAL MINING GROUP WANTS EXPORT TAX, NOT EXCISE - JG
One of the leading English news paper in Indonesia, The Jakarta Globe reported that, the government shall reimpose a duty on coal exports, classifyi ...
Sunday, 02 October 11
INDIAN COAL IMPORTS PICKED UP - CAPT. REDDY
COALspot.com - The BDI dropped by 1 pct and Cape index dropped by 6 pct closing at 1,899 points and 3,136 points respectively. However all other seg ...
Saturday, 01 October 11
2012 TO BE ANOTHER CHALLENGING YEAR - CEO, REMI MARITIME
Shipowners are facing another challenging year in 2012 said Mr. Leonidas Polemis CEO of Remi Maritime Corporation, urging caution towards operating ...
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- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- The University of Queensland
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
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