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Monday, 20 June 11
KPCL SETS ALL INDIA & POSSIBLY A WORLD RECORD FOR COAL DISCHARGING


COALspot.com - Krishnapatnam Port has set an all India record for discharging 95,528 tons of steam coal in just 24 hrs using the conventional unloading system in form of advanced Mobile Harbor cranes.

Vessel MV. Grand Clipper carrying 132,953 tons berthed at Krishnapatnam Port at 10:48 hrs on June 17, 2011 and the commencement of discharging the coal started from 14:00 hrs the same day. The discharging was completed at 22:15 hrs on June 19, 2011, said KPCL, its E-Mail statement.

This feat surpassed Krishnapatnam Port’s previous record of discharging 72,527 tons of steam coal in just 24 hrs which was also an all India record then and was established barely a couple of months earlier on April 12, 2011 for vessel MV. Welhero.

This achievement is the first ever in the history of any port in India & possibly in the world. Even with mechanized cargo handling facilities, not many ports in India & abroad have been able to achieve such a discharge rate.

The entire trade community is over-whelmed with this record. The receivers of the cargo has expressed their joy to be a part of this record and has appreciated the port management, staff, workers and others who helped in achieving this marvelous feat.

Krishnapatnam Port has a draft of 16.5 mtrs, capable of handling capesize vessels. Dredging is in progress to further increase the draft to 18.5 mtrs by October 2011. The port is evolving as India’s largest gateway in the East Coast and the port of choice with world-class infrastructure, productivity centered state-of-the-art facilities, hinterland connectivity and unrivalled customer service.



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Thursday, 23 June 11
DRY BULK MARKET KEEPS EXHIBITING SIGNS OF WEAKNESS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to climb at new highs this week, showing signs of weakness, across most ship types. Yesterday, the Baltic Dry ...


Wednesday, 22 June 11
BOOMING INDONESIAN COAL EXPORTS - BLEEDING INDIAN POWER INDUSTRY
COALspot.com - Indonesia shipped 28.962 Million tons of coal  in May 2011, up by 15.86 percent compared to April export of about  24.995 m ...


Tuesday, 21 June 11
SURGE IN PRODUCTION AND PRICES TO PUSH BUKIT ASAMS NET PROFITS ABOVE RP 3T - THE JAKARTA GLOBE
State-owned coal company Perusahaan Tambang Batubara Bukit Asam expects its net income to increase about 50 percent this year on the back of rising ...


Tuesday, 21 June 11
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As Korean companies race to exploit Indonesia’s abundant natural resources, two companies have been locked in a court case that has become so ...


Tuesday, 21 June 11
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The dry bulk entered this week on a negative turn, with the industry’s benchmark the Baltic Dry Index (BDI) retreating by 0.35% to end the ses ...


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