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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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Friday, 30 September 11
MINING BILL CLEARED, FIRMS TO SHARE 26% PROFITS WITH LOCALS - NDTV
NDTV reported that, The Union Cabinet cleared the draft mining bill aimed at regulating mining activities Friday. The bill proposes a profit-sharing ...
Friday, 30 September 11
INDIAN IRON ORE MARKET GETTING ACTIVE - FEARNLEYS AS
Handy
The Atlantic market continued its strong trend with fresh cargoes entering the market. Vessels open US Gulf fixed tick above US$ 27k back to t ...
Thursday, 29 September 11
INDONESIA'S MINERS FACE AN UNCERTAIN FUTURE - RUPERT WALKER
An evolving regulatory framework for the country's minerals industry could threaten its profitability and stifle investment.
The five-year surge ...
Thursday, 29 September 11
DRY BULK MARKET FALLS MID-WEEK, FURTHER DROP EXPECTED NEXT WEEK ON CHINA HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected by the Baltic Dry Index (BDI) retreated by 0.36% yesterday reaching 1,920 points, with the Capesize segment suffer ...
Wednesday, 28 September 11
ATLAS RESOURCES TO SELL 25% STAKE IN IPO - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, plans to sell 783.33 m ...
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- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Minerals Council of Australia
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- The University of Queensland
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
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