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Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS


COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54,500 MT. The cargo was loaded in vessel MV.TIAN LI HAI by using the conventional system of loading.

According to KPCL, the vessel called to the port on 12th April and the loading commenced at 16:20 hrs which ended on 13th April at 16:20 hrs. The entire cargo of 88,000 MT was loaded into the vessel within 36 hrs, thereby setting it’s highest-ever loading record.

"COSCO, whose vessel was loaded in record time, have expressed their gratitude to the Port management for its support and wished the port to set further records", KPCL officials said.

The port will complete two years of operations in the next 3 months but the volume of cargo handled at the port has almost doubled to 16.1 Million MT of cargo for financial year ending 2009-10 as compared to its previous financial year’s figures of 8.2 Million MT.

According to KPCL's press release, such records further enhance Krishnapatnam port’s belief in faster turnaround times and thereby creating value to its customers, in its quest to stand tall as the largest port in India.



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Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...


Wednesday, 15 December 10
SMALLER DRY BULK VESSELS ARE LOOKING UP, LARGER ONES FAIL TO DELIVER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground at the beginning of the week, in what could prove one of the slowest periods ship owners have been faced. Ye ...


Tuesday, 14 December 10
COAL IMPORTS MAY INCREASE 78% TO CHINA, INDIA: ENERGY MARKETS - BUSINESS WEEK
Business Week reported that, China and India may increase imports of coal by 78 percent to 337 million metric tons next year, further driving up pri ...


Tuesday, 14 December 10
BANPU PLANNING PRODUCTION BOOM - BANGKOK POST
Australian, Indonesian output to lead growth Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, wants to nearly double its coal ...


Tuesday, 14 December 10
THE FREIGHT RATES FROM INDONESIA TO INDIA AND CHINA REMAINED FIRM - CAPT. REDDY
COALspot.com - The freight market continued to be soft with the Cape sector most effected which was down by 289 points  and closed at 2,694 poi ...


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