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Monday, 02 May 16
INDIA'S GANGAVARAM PORT SETS ALL INDIA RECORD FOR NON-COKING COAL DISCHARGE
Gangavaram Port COALspot.com: Gangavaram Port, the deepest and the most modern port in India, has created yet another historical milestone record by discharging 156,339 metric tons of Non-Coking Coal from the vessel M.V. Cape Asia in 24 hours. This achievement stands out as the fastest discharge rate in the history of any port in India & possibly in the world, said Gangavaram Port.

According to the port, the vessel M.V. Cape Asia carrying 159,966 metric tons non-coking coal for Hindalco Industries called at  Gangavaram Port on 27th April, 2016. The entire vessel discharge was completed within just 27 hours.

Mr. Raj Dandu, Managing Director, Gangavaram Port Limited, stated that this record discharge rate yet again reaffirms the superior port infrastructure and operational efficiency at Gangavaram Port.

Gangavaram Port, in the past, has achieved numerous such operational milestones and has today redefined the port operational standards for the bulk cargo handling at Indian Ports. With 9 berths with upto 19.5 m water depths, GPL has handled more than 112 MMT of Cargo till March 2016.


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Tuesday, 26 April 16
INDONESIA BANNED COAL EXPORTS TO PHILIPPINES BY BARGES DUE TO SECURITY CONCERN
COALspot.com: The Ministry of Energy and Mineral Resources (ESDM) on behalf of the government of Indonesia has Freeze coal exports by barges to Phi ...


Tuesday, 26 April 16
NEWBUILDING DEMAND DOWN EVERYWHERE? - CLARKSONS
Newbuild activity provides one indication of an owner country’s likely future fleet growth, though secondhand sale and purchase and demolitio ...


Monday, 25 April 16
CHINESE STEEL PRICE SURGE NOT SUSTAINABLE - FITCH
The rapid increase in Chinese steel prices so far this year is not sustainable, as it is largely due to a seasonal pick-up in construction and elev ...


Monday, 25 April 16
WEEKLY CS (I) COAL INDICES END ALMOST FLAT
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.05 percent week over week to averaging $38.67 per ton on this past Friday, acco ...


Monday, 25 April 16
BALTIC DRY INDEX ENDS WEEK ON A POSITIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week. The freight market was ...


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