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  • Indonesian 5800 GAR coal (Physical) market direction: SOFT - COALspot.com's self assessment (updated on 10 MAY 2012)
  • Indonesia has shipped 30.64 Mmt of coal in March 2012 - Source
  • Indonesia has set the MAY 2012 Coal Reference Price at US$ 102.12 per ton
  • SGX AsiaClear OTC CFR South China Coal Swap for JUNE 2012 Contract has closed at US$ 95.10(-) on 17/5/12 18:00 UTC - SGX
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for JUNE 2012 Contract has closed at US$ 72.65(+) on 17/5/12 18:00 UTC - SGX

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Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH


COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permissible draft of 18 meters. In such a short span of time, no other ports in India have been able to achieve such a remarkable depth, port said in a statement.

On 17th July 2008 when the port was dedicated to the nation, the maximum available draft alongside the berths was mere 10.5 meters. Today, it can accept the largest vessels that visit Indian coast with a DWT of 180,000 MTs.

On January 9, 2012, the port loaded 3,960.38 MTs of steam coal in 59 wagons for M/s. Anand Transport Pvt. Ltd. in just 30 minutes creating an internal record in operational management, port claimed.

Krishnapatnam Port is in its second stage of growth process and is committed in building a landmark for the Indian maritime trade. It is going that extra depth to soar the Indian flag in the global maritime trade, according to its press statement.


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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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