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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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Thursday, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the develo ...


Thursday, 03 June 10
GOVT CONSIDERING IMPORT PARITY PRICE FOR DOMESTIC COAL
The government on June 1 said it is considering to price domestic coal on par with global rates, a move which may increase the cost of the raw mater ...


Wednesday, 02 June 10
SRI LANKA TESTS 1ST COAL POWER PLANT IN SEPT.
Sri Lanka will start testing its first 300 MegaWatt coal power plant in September with plans to connect it to the national distribution grid by Janu ...


Wednesday, 02 June 10
CHINA'S IRON ORE IMPORTS TO KEEP BEING THE BIGGEST FACTOR FOR DRY BULK FREIGHT RATES SAY READERS
With dry bulk freight rates staging a positive rally during most of May, the industry’s main benchmark, the Baltic Dry Index (BDI) has managed ...


Wednesday, 02 June 10
KIDECO TO PRODUCE 29.5 MILLION TONS OF COAL IN 2010
COALspot.com: Kideco to produce 29.5 million tons of coal in 2010 up 4.8 million or about 19 percent up from 2009 production. Kideco produced 24.7 m ...


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