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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, 01 September 16
SUPRAMAX GETTING LEVELS OF MID/HIGHER 7K DELIVERY SINGAPORE FOR TRIPS TO CHINA AND AROUND 9K FOR DIRECTION INDIA - FEARNLEYS
Supramax This week started slower with London on bank holiday Monday. The south east Asian market seems to have been taking a breather with chart ...


Thursday, 01 September 16
AUSTRALIA'S NEWCASTLE PORT SHIPPED 2.33 PERCENT MORE COAL IN JULY
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1.10 bill ...


Wednesday, 31 August 16
THE DRY BULK MARKET MANAGED TO FIND FURTHER SUPPORT DURING THE LAST DAYS OF THE SUMMER SEASON - INTERMODAL
The Dry Bulk market managed to find further support during the last days of the summer season, with the BDI climbing above 700 last Friday, reachin ...


Tuesday, 30 August 16
THE SUDDEN SURGE IN IRON ORE TRADE HAS CREPT UP ON THE MARKET THIS PAST WEEK - GEORGE LAZARIDIS
The sudden surge in Iron ore trade has crept up on the market this past week bringing about a change in the prospects for Capes. Continued increase ...


Monday, 29 August 16
THE 5000 GAR THERMAL COAL INDEX HAS STRENGTHENED BY 9.90% SINCE JANUARY
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing upward and it is expected to ral ...


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