Terminal shipped over 70 million tons of coal last year

Lower prices fueled the upward trend

Almost half of the goods transshipped to and from maritime shipping is dry bulk

The port’s largest export market during the year was South Korea

Nation seeks to reduce its hard coal capacity to below 20 gigawatts

December imports topped 2 million tons

Adani’s imports surpassed 15 million tons

Exports are helping offset low demand, but market conditions remain challenging

The company’s bauxite production rose when compared with 2018

The port has continued to invest in terminal facilities during the year

Throughput topped 1 billion tons

Handling of solid bulk fell year-on-year

Imports fell below 16 million tons in October

Nation imported over 500 thousand tons of Australian coal in 2019

Power rates are already low in the national market

New policies expected to significantly impact the global market

Coal accounts for nearly half of the nation’s total exports

Office seeks to auction explored sites

A critical route for coal exports to Asia is being shut down

Company had already invested over USD 90 million on the site