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Friday, 19 August 11
INDIA’S CICTL HAS ACHIEVED ONE MILLION TONS OF DISCHARGE


COALspot.com - Chettinad International Coal Terminal (CICTL) in Ennore port, a state of the art mechanized coal terminal, which was inaugurated on 28th Jan 2011, has achieved one million tons of coal discharge on 18th Aug, 2011, an emailed statement from CICTL said.

The Terminal has so far berthed and discharged 21 vessels including Panamax vessels for importers from various industries like Cement, Steel, Power, Coke and Coal Traders.

The world class facility of CICTL enables importers to save freight cost, as Panamax vessels’ freight on per ton basis is less than smaller vessels for the same origin and destination.

The facility of CICTL has been used by large scale importers; in coming months CICTL is looking forward to berth many more Panamax vessels, an emailed statement said further.


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Recent News

Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy The market remained variable. Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...


Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...


Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...


Tuesday, 15 May 12
POTENTIAL BOOM OF CHINA’S COAL IMPORTS COULD PROVIDE FURTHER SUPPORT TO DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been moving sideways during the past week with the industry’s benchmark, the Baltic Dry Index (BDI) losing 0.53% on th ...


Saturday, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points. The cape index was up by 2.41 pct closing at 1,61 ...


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