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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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Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...
Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...
Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...
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- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- The University of Queensland
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Minerals Council of Australia
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- CNBM International Corporation - China
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
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