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Friday, 30 September 11
KRISHNAPATNAM PORT WINS GLOBAL PORT & COAL PORT OF THE YEAR AWARDS
COALspot.com - Krishnapatnam Port, a dynamic new generation world class port located in the East Coast of India has been adjudged the winner in the category of Port Operator Award at the Lloyd’s List Awards, Global 2011. The maritime industry’s prestigious award took place on Tuesday 20 September, 2011 at the London Hilton Park Lane. The award was received by Mr. Subhangshu Dutt, Executive Director, Singapore based arm of Krishnapatnam Port Company Ltd.
The e-Mail statement further said, Krishnapatnam Port’s winning entry impressed the judges with both the scale of its ambition and an impressive list of tangible accomplishments over the past year. It was by no means the largest operator in the shortlist, but as one of India’s fastest growing seaports it has emerged as welcome addition to an economy increasingly reliant on efficient infrastructure projects. Among the other finalists were APM Terminals, DP World, General Organization of Sea Ports, Porto nave and Red Sea Gateway Terminal.
Commenting on both the fabulous news, the port’s CEO, Anil Yendluri said: “Winning this award, is a re-validation of our vision that we are heading in the right direction and the trade is recognizing our efforts. We are not only striving to boost the economy but also working towards the overall social well-being of the region.”
According to the statement of company, the port is being built in three phases and currently the second phase of development is underway. Krishnapatnam Port is planning to invest INR 2,000 crore (approx. US$ 408,382,064) more to improve cargo handling efficiencies to meet the growing demand from local industries, thereby creating immense job opportunities.
The fresh investment is in addition to INR 4,000 crore (approx. US$ 816,764,128) for the Phase II expansion announced in March 2009. Districts around the port has witnessed a significant economic development in the last couple of years with several multi-product special economic zones, agri based and port based manufacturing facilities coming up requiring huge import and export handling facilities.
Apart from coal-fired power projects several palm oil and sugar refineries have already come up and more are lined up in the region. The port currently has the ability to handle cargoes like Agri products like Rice, Maize, General, Dry-bulk like Barytes, Coking Coal, Edible Oil, Fertilizers, Granite, Gypsum, Iron Ore, Met Coke, Palm Kernel, Pet Coke, Quartz, Raw Sugar, Rock Phosphate, Steam Coal and Oversize & non-standard cargo.
Krishnapatnam Port plans to increase its installed capacity to around 70 million tons a year by end of 2012.
Krishnapatnam Port’s abilities were also recognized by another trade body - mjunction and IHS McCloskey when it awarded the ‘Coal Port of the year’ award at the 2nd Indian Coal Industry Awards Dinner held at The Oberoi Hotel, New Delhi on the evening of Tuesday, September 27, 2011.
The port has also become the finalists for the Port Operator Award at the esteemed Lloyd’s List Awards Asia 2011 and is shortlisted for the Best Dry Bulk Port at the celebrated IBJ Awards 2011.
With numerous strengths like its strategic location, outstanding services and facilities, Krishnapatnam Port is evolving as a hub for export-import cargo and it will soon be poised to become one of the biggest ports in the world and the largest port in India.
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Wednesday, 30 September 20
MARKET INSIGHT - INTERMODAL
Spot rates for Capesize bulk carriers received a significant boost last week, however, there are certain reservations in the market regarding the p ...
Tuesday, 29 September 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.73 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.91 points Monday, up 0.73 percent week on week.
The index, released by China ...
Tuesday, 29 September 20
SHIPPING MARKET - ALLIED
Here we are, just a short breath before the final quarter of the year, and many are now debating to what extent we can really expect a firm dry bul ...
Tuesday, 29 September 20
INDONESIAN COAL COMPANIES' EARNINGS TO WEAKEN IN 2H20 - FITCH RATINGS
Rated Indonesian coal miners and contractors will have weaker operating and financial performances in the second half of 2020 than in the first, sa ...
Tuesday, 29 September 20
RUSSIA'S COAL PRODUCTION TO DROP BY 10.5% IN 2020, SAYS MINISTRY - TASS
Russia’s Economic Development Ministry projects a 10.5% decrease in coal production in the country in 2020 compared with last year to 395 mln ...
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- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Planning Commission, India
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- PTC India Limited - India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Chamber of Mines of South Africa
- The University of Queensland
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
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