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Friday, 07 October 16
CEYLON SHIPPING CORPORATION HAS TAKEN DELIVERY OF COAL CARRIER MV.CEYLON PRINCESS
Ceylon PrincessSri Lanka’s Ceylon Shipping Corporation (CSC) has taken delivery of its second newly built bulk carrier for the transportation of coal to power plants.

According to Lanka business online, Minister of Port and Shipping of Sri Lanka said that this will ensure energy security.

“Having our own ships will ensure some stability in coal delivery for our power stations,” Arjuna Ranatunge, minister of Port and Shipping said at the Colombo port, Wednesday, said Lanka business online.

According to reports, the Chinese built ship will help transport coal to the Lakvijaya and Norochcholai Power plants.

The ships has a cargo carrying capacity of 63,000 tonnes and can also be used for training purposes.

Norocholai Power Station is a 900-megawatt (MW) coal-fired power station in the Puttalam District of the Northwestern Province in Sri Lanka. It is Sri Lanka's first coal power plant. Norochcholai Power plant use between 650,000 to 700,000 tonnes of coal a year.(photo credit - Ceylon Shipping Corporation Ltd)


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Thursday, 15 September 16
CAPESIZE: LAST WEEK ENDED ON A VERY STRONG NOTE MAINLY DRIVEN BY A ACTIVE BRAZIL MARKET - FEARNLYS
Supramax With holidays in the eastern hemisphere beginning this week, the sentiment and activity level has been decreasing. In the Pacific, ...


Wednesday, 14 September 16
THE DRY BULK MARKET REACHED LEVELS LAST SEEN BACK IN 2015 - INTERMODAL
In an earlier column we commented that we are undergoing “shipping’s new (ab)normal” with constrained financing, shift in demand ...


Wednesday, 14 September 16
THE PORT OF NEWCASTLE SHIPPED 12.48 MMT OF COAL IN AUGUST; AVERAGE SELLING PRICE WAS $AU 83.33
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU $1,040.4 ...


Tuesday, 13 September 16
CAPESIZE: BIG STRENGTH SEEN IN THE MARKET THIS WEEK - ALLIED
Capesize - Big strength seen in the market this week, with an upbeat in sentiment amongst owners helping pull up rates fairly quickly and many hold ...


Monday, 12 September 16
THE CAPE MARKET HAS GAINS ON WEEK; THE CAPE INDEX SETTLING AT 1566 POINTS ON FRIDAY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week. The BD ...


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