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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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Tuesday, 01 March 11
GANGAVARAM PORT, AN INDIAN MODERN PORT CREATES RECORD
COALspot.com - Gangavaram Port, the deepest and the most modern port in India creates yet another record by discharging 65349 MT Coking Coal in 24 h ...
Monday, 28 February 11
COAL INDIA HIKES PRICES BY 12% FOR SELECT CONSUMERS - ECONOMIC TIMES
Economic Times reported that, Coal India has raised prices by an average 12% for some of its consumers from Sunday, boosting its revenue by 6,000 cr ...
Saturday, 26 February 11
CIL TO HIKE COAL PRICES BY 15 PC FROM TONIGHT - THE TIMES OF INDIA
The Times of India reported that, an Indian State-run coal producer, Coal India will raise the price of coal on an average by about 15 per cent with ...
Saturday, 26 February 11
SUPRAMAX INDEX WAS UP ABOUT 10 PERCENT THIS WEEK - VISTAAR
COALspot.com - The market started on a weak note and seemed to have lost the momentum seen the previous week. The main sectors affected were Cape an ...
Saturday, 26 February 11
PEABODY ENERGY ENTERS INTO COAL SOURCING AGREEMENT ACCESSING INDONESIAN COAL FOR EXPORT
Peabody Energy today said it has entered into an agreement with Indonesia's PT Cahaya Energi Mandiri (CEM) to source 2 million tons of coal for Asi ...
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- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Planning Commission, India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
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