Coal news and updates

No steam coal imports via Chennai for last 6 months

February 16: There were no steam coal imports through Chennai Port in January 2015, as per provisional information available with ICMW while there were no imports of the material through the port since August-December, 2014 either.

Steam coal imports through Chennai Port, on a provisional basis, remained flat at a mere 38 tons in July 2014 compared to June, when a similar amount had come in. A quantum of 475 tons had been imported in May.

In July, a single consignment had arrived from the UK at a unit price of Rs 30,411 ($503).

It may be noted that coal handling at Chennai Port has been suspended since October 2012 following a ban imposed by the Madras High Court on handling of dirty cargo of coal and iron ore at the port with effect from October 1, 2011. The court order came following the hearing of public interest litigation (PIL). However, old stocks are getting cleared.