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Friday, 02 June 17
MOL SIGNS COAL TRANSPORT DEAL WITH THERMAL POWERTECH CORPORATION INDIA LIMITED
MOL Signs Coal Transport Deal with Thermal Powertech Corporation India Limited - Contributing to a Stable Power Supply in India -
Junichiro Ikeda President & CEO of Mitsui O.S.K.Lines Ltd. announced that the company held a signing ceremony for a coal transport contract with Thermal Powertech Corporation India Limited.

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At the signing ceremony (right: MOL Executive Officer Hirofumi Kuwata) |
According to MOL's press release, the Thermal Powertech Corporation India Limited (TPCIL) owns and operates a 1,320-megawatt thermal power plant in SPSR Nellore district in India's Andhra Pradesh state.
TPCIL is owned by Sembcorp Industries, a leading energy, water and marine group based in Singapore, and Gayatri Projects Limited, one of India's leading infrastructure development company. TPCIL is supplying electricity to Andhra Pradesh and the Telangana States. MOL's ocean shipping services will support the project by providing a stable supply of coal.
MOL continually takes a proactive stance in providing, safe, reliable, and efficient transport of resources and energy to India and emerging countries in Asia, where the company anticipates strong growth in demand.
Source: MOL
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Wednesday, 21 June 17
MARKET INSIGHT - SHIPPING
Looking back at March and April shipping reports when the dry bulk indexes were starting to move up, a number of shipping analysts were stating tha ...
Tuesday, 20 June 17
WORLD ECONOMY SHOWS A MORE OPTIMISTIC TREND
During the past weeks, we have seen many organizations and think tanks show a more optimistic face with regards to the world economy. The World Ban ...
Monday, 19 June 17
PANAMAX RATES HELP BALTIC INDEX TO A POSITIVE MOVE
COALspot.com: The Freight market rose very marginally this past week compared to the previous week, as BDI and Panamax indexes show a positive tren ...
Friday, 16 June 17
WEEKLY U.S. COAL PRODUCTION RISES; UP 24.1% Y/Y
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.5 million short tonn ...
Thursday, 15 June 17
SUPRAMAX NICKEL ORE FROM PHILIPPINES TO S. CHINA PAYING AROUND MID $10000 - FEARNLEYS
Supramax
Market looked more promising from both sides of the basins. Within Atlantic USG returned with tick better rates seen as tonnage kept tig ...
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