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Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
 COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dry bulk terminals set up at a cost of approx Rs. 800 crores (US$ 170.447 million), according to Essar's website.
About Hazira port
- With 30MTPA, Hazira becomes one of the top dry bulk ports of India
- India' second largest private port operator with 76MTPA capacity, going up to 158MTPA by FY2013.
- MV Malavika, a 53,000-DWT vessel, became the first Supramax to berth at the newly constructed, all-weather berth
- The channel is being deepened further to bring in large vessels up to 105,000 DWT
- Direct berthing of vessels at the terminal all year round
Hazira: Essar Shipping Ports & Logistics Ltd's 30 MTPA state-of-the-art bulk terminal became operational with the berthing of the first supramax vessel - M.V. Malavika. The all-weather, deep water terminal at Hazira is one of India’s largest dry bulk terminals.
With the commissioning of this facility, Essar’s total cargo handling capacity, between Hazira and Vadinar, has now increased to 76 million tonnes per annum, making Essar one of India’s largest private port operators. The terminal, which started commercial operations this month, has been set up at a total cost of approximately Rs 800 crores.
Commenting on this milestone, Capt. S. Das – CEO, Essar Bulk Terminal Ltd (EBTL), said: “I am delighted that with the commissioning of this facility, Hazira will find a pride place on the global map of terminals. This also firmly establishes EBTL’s credential to build and operate large terminals. This facility can now become the gateway terminal of Gujarat for deep draught vessels”.
The terminal, with a 550-m long berth, is capable of accommodating larger vessels directly alongside the berth throughout the year, resulting in quicker turnarounds and reduced dependence on current lighterage operations.
This terminal facility will serve as a fully integrated transportation hub that will not only support Essar Steel Hazira’s expanded steel-making capacity of 10 MTPA but will also result in faster services and substantial savings for other trade and terminal users.
The terminal is connected to the high seas of the Gulf of Khambatt by a 7.2-km navigation channel with a width of 230 M and a depth of 8 M below chart datum (CD). The dredged channel, which is being widened and deepened further, will soon be able to accommodate mini cape-sized vessels up to 105,000 DWT.
The commencement of the facility coincided with Gujarat’s 50th anniversary and celebration of Swarnim Gujarat.(1 INR = 0.0213059 USD).
About Essar Group
The Essar Group is a multinational conglomerate and a leading player in the sectors of Steel, Oil & Gas, Power, Communications, Shipping Ports & Logistics, Construction and Minerals. With operations in more than 20 countries across five continents, the Group employs 60,000 people, with revenues of USD 15 billion. For more information, visit www.essar.com
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Tuesday, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695 of coal in May 2010. May coal exports dropped by 20.61 percent co ...
Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percen ...
Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.4 ...
Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact w ...
Saturday, 12 June 10
NALCO TO ROPE IN PARTNERS FOR INDONESIA PROJECT
Sify reported that, the public sector National Aluminium Company (Nalco) is set to finalise the terms of its joint venture (JV) agreement with two f ...
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- Power Finance Corporation Ltd., India
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- Wood Mackenzie - Singapore
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- Global Business Power Corporation, Philippines
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- Eastern Energy - Thailand
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- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
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- London Commodity Brokers - England
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- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
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- LBH Netherlands Bv - Netherlands
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- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
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- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
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- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
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- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
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- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Electricity Authority, New Zealand
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- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
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- Planning Commission, India
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- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
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- Binh Thuan Hamico - Vietnam
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- Africa Commodities Group - South Africa
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- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
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- Jaiprakash Power Ventures ltd
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- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
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- Metalloyd Limited - United Kingdom
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- Parliament of New Zealand
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- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
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- Interocean Group of Companies - India
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- Sical Logistics Limited - India
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- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
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- Minerals Council of Australia
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
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- Latin American Coal - Colombia
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- Indian Energy Exchange, India
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
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