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Saturday, 30 November 13
NTPC STARTED IMPORTING COAL THROUGH NW1 FOR ITS FARAKKA POWER PLANT
COALspot.com: In a pioneering and path breaking operation, the very first consignment of about 69,060 metric tons of imported coal bought by MV HUAYANG PIONEER has been fully discharged at a deep sea offshore location by the Transshipper MV VIGHNRAJ at Sandheads deep waters about 60 miles from Haldia port, said SULA, the owner and operator of Transshipper MV VIGHNRAJ.
This is the largest parcel of coal ever discharged off Kolkata. Simultaneously with the ship to ship discharge operation, more than 20 inland barges belonging to Jindal ITF, after being loaded by the Transshipper infrastructure, have reached or are en-route for final discharge of coal to National Thermal Power Corporation, India (“NTPC”) Stockyard at Farakka along the National Waterway Number One (NW1) over 550km away, according to SULA.
SULA further said, NTPC has started importing coal through NW1 for NTPC's power plant located at Farakka, West Bengal. This project will reduce dependence on the overstretched railway and roadways network and bring about savings in millions of dollars annually besides providing NTPC with additional capacity via a “Clean and Green” waterborne route. Given the constraints of the Indian port sector, this project will bring a paradigm shift in logistics of bulk handling of dry bulk commodities in an environmentally safe manner. SULA’s achievement now clears the way to Haldia/Kolkata and similar shallow draft ports to bring large Capesize vessels for offshore unloading and without spending huge amounts of Capital on shore based infrastructure and expensive dredging.
The Transshipper MV Vighnraj is custom designed, owned and operated by SULA Shipping and Logistics, Pvt Ltd. MV Vighnraj is fitted with cargo handling equipment including high speed cranes, pay loaders and self-unloading belt system besides a storage capacity of approx 67000 metric tons. It can load or unload cargoes to / from deep drafted ocean going vessels. The Transshipper infrastructure is supported by STS mooring arrangement including fenders, tug boats and mooring masters. Vessel has accommodation for almost 60 persons including separate well equipped cabins for port officials and tally clerks. Through this Transshipper Infrastructure, approx Three Million metric tons per annum (3MMTPA) will be transported to NTPC plant at Farakka as per the tripartite agreement between NTPC, Inland Waterways Authority of India (“IWAI”) & JITF. This cargo is in addition to the land based route and will save over 200,000 Truck moves / year, besides reducing costs, pollution and pilferage while operating in an environmentally friendly manner, SULA’s note says.
About SULA.
SULA Shipping and Logistics, Pvt Ltd (SULA) is located in New Delhi and Kolkata, India and it provides customized long bulk handling logistics solutions for the small to large scale handling of dry bulk commodities that can save 10% - 40% of current costs of an entire supply chain. Its “Clean and Green” solutions for dry bulk handling reduce costs, improve the environment and leapfrog over infrastructure shortcomings that many developing and developed countries. SULA is focused to provide its solutions to customers in commodity driven regions in India, SE Asia, Africa and Americas.
Sula Shipping and Logistics Pvt. Ltd., (www.sula-logistics.com).
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Sunday, 01 December 13
PANAMAX RATES HAVE REBOUNDED - CAPT. REDDY
COALspot.com: The freight market was quite firm last week with all the indices increased. Cape Index was gained highest this week which supports inc ...
Friday, 29 November 13
DRY BULK MARKET BACK ON HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market is strengthening as a result of higher demand for Capesize vessels. The BDI (Baltic Dry Index) was up by 146 points yesterday, e ...
Wednesday, 27 November 13
DRY SEGMENTS EXCEPTION OF PANAMAXES, REMAINED OVERALL STABLE - INTERMODAL
COALspot.com : The Dry Bulk market closed off the week in the red, albeit the decrease noted was of short scale. With the exception of Panamaxes, th ...
Wednesday, 27 November 13
US WHEAT IMPORTS TO BRAZIL, REACHED A 35 - YEAR HIGH - EVA TZIMA
COALspot.com: As I am going through a number of dry market fixtures reported since the beginning of October, my eyes instinctively stop where they d ...
Wednesday, 27 November 13
SHIP OWNERS ONCE AGAIN TURN TO DRY BULK CARRIERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners once again turned to more dry bulk carrier ordering over the course of the past week, as more and more appear convinced of the industry ...
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- Romanian Commodities Exchange
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- SMC Global Power, Philippines
- Sojitz Corporation - Japan
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- Makarim & Taira - Indonesia
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- Rashtriya Ispat Nigam Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
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- Indonesian Coal Mining Association
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- Bank of Tokyo Mitsubishi UFJ Ltd
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