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Friday, 07 October 16
CEYLON SHIPPING CORPORATION HAS TAKEN DELIVERY OF COAL CARRIER MV.CEYLON PRINCESS
Ceylon PrincessSri Lanka’s Ceylon Shipping Corporation (CSC) has taken delivery of its second newly built bulk carrier for the transportation of coal to power plants.

According to Lanka business online, Minister of Port and Shipping of Sri Lanka said that this will ensure energy security.

“Having our own ships will ensure some stability in coal delivery for our power stations,” Arjuna Ranatunge, minister of Port and Shipping said at the Colombo port, Wednesday, said Lanka business online.

According to reports, the Chinese built ship will help transport coal to the Lakvijaya and Norochcholai Power plants.

The ships has a cargo carrying capacity of 63,000 tonnes and can also be used for training purposes.

Norocholai Power Station is a 900-megawatt (MW) coal-fired power station in the Puttalam District of the Northwestern Province in Sri Lanka. It is Sri Lanka's first coal power plant. Norochcholai Power plant use between 650,000 to 700,000 tonnes of coal a year.(photo credit - Ceylon Shipping Corporation Ltd)


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Monday, 03 October 16
THERMAL COAL PRICE SHOOTS UP AND MADE THEIR VERTICAL MOVE IN 5 YEARS; PRICE RALLY CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...


Monday, 03 October 16
DRY-BULK SHIPPING FREIGHTS SLIDE IN SOFTENING SPOT MARKET
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...


Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...


Friday, 30 September 16
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Thursday, 29 September 16
FREIGHT RATES MIGHT CONTINUE TO SLIDE NEXT WEEK DUE TO HOLIDAYS IN CHINA
Supramax Flat start to week followed by a slight gain in rates for Supramaxes, says Fearnleys in its latest weekly report. According to Fear ...


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