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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, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...


Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...


Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...


Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...


Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...


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