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Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
 This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling only once every seven years.
Lloyd’s Register, one of the societies that set safety standards for shipbuilding, has started to rewrite its rules for nuclear-powered ships.
And it has joined a research consortium to explore the potential for nuclear propulsion of future generations of supertankers up to 150,000 tonnes.
It is confident that within a decade nuclear reactors the size of a garden shed will be propelling huge tankers at up to 35 knots, double the present average cruising speeds.
‘This is a very exciting project,’ said Lloyd’s Register chief executive Richard Sadler. ‘We believe that as society recognises the limited choices available in the low carbon, oil-scarce economy – and as land based nuclear plants become commonplace – we will see nuclear ships sooner than many people expect.’
The first step is to fit reactors made by US company Hyperion Power Generation, based near the nuclear research facility in Los Alamos, New Mexico, in conventional supertankers.
Greek shipping company, Enterprises Shipping and Trading of Athens is part of the consortium and with the help of renowned ship designer BMT Nigel Gee of Southampton, the plan is to design and build modular ships that would enable the cargo section to be detached and towed into harbour while the nuclear ‘mothership’ anchored offshore.
The impetus for this push into carbon-free propulsion comes from the recognition that shipping is environmentally dirty – marine engines use ‘bunker’ fuel, the low grade oil other industries do not want.
Fear is also growing that new rules will effectively fine shipowners for pollution from tankers. A study by the UN calculated that by 2008 annual emissions from the world’s merchant fleet had already reached 1.12 billion tonnes of CO2 – nearly 4.5 per cent of global emissions.
Shipowners are increasingly aware of the problem. Captain Wei Jiafu, chief executive of Chinese -owned shipping group Cosco, suggested at a recent conference that he was in favour of nuclear power on merchant ships.
‘As they are already on board submarines, why not cargo ships?’ he said before revealing that Cosco was in talks with national nuclear authorities to develop nuclear powered ships.
Source: This Is Money / Hellenic Shipping
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Monday, 14 March 11
IRON ORE TRADING WORLD EUROPE 2011
Press Release - Strategy and opportunity for miners, steelmakers, end users and the financial community.
The iron ore spot market is growing at a ...
Sunday, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...
Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments al ...
Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy
Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...
Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...
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- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Eastern Coal Council - USA
- White Energy Company Limited
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Australian Coal Association
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
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