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Iron ore shipments from Australia up as China buys more

Iron ore shipments from Australia up as China buys more

Cargoes including iron ore shipments from AustraliaÂ’s Port Hedland have increased to China in August. Hedland is worldÂ’s biggest bulk terminal. In August, exports totaled 27.4 million tonne from 26.6 million tonne in July and 22.8 million tonne a year earlier.

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GAIL looks to buy 13 LNG cargoes in FY13

GAIL looks to buy 13 LNG cargoes in FY13

GAIL Chairman BC Tripathi said on July 25 that the company needs to buy 13 cargoes this fiscal year to March out of its planned 34. GAIL received 7 cargoes in the first quarter of the fiscal year, Tripathi said. He added that contracts for 21 cargoes have already been finalised.

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L&T Ramboll submits DPR for Rs 20 bn terminal project

L&T Ramboll submits DPR for Rs 20 bn terminal project

L&T Ramboll has submitted the draft Detailed Project Report (DPR) for the proposed Rs 2,000 crore marine terminal for liquid cargoes at the Jawaharlal Nehru port near Mumbai. The port has twin berth liquid cargo terminal of BPCL and IOC with a capacity of 5.5 million tonne per annum. It will enhance this quantity to 30 million tonne per annum. The proposed terminal would cater to liquid cargo