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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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Saturday, 29 January 11
ANTAM ACQUIRES SAROLANGUN COAL MINING
According to Insider Stories, Nickel and gold miner PT Aneka Tambang Tbk (Antam) of Indonesia via its subsidiary PT Indonesia Coal Resources (ICR) h ...
Friday, 28 January 11
MPM SEEKS 40K TONS OF INDONESIAN COAL
An Indian paper producer Mysore Paper Mills Ltd., based in Bangalore is looking for 40,000 metric tons of non-coking coal of Indonesian o ...
Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on ...
Friday, 28 January 11
DRY BULK MARKET CLOSING IN TOWARDS CRISIS LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The trials and tribulations of the dry bulk market seem to have no end during the first month of 2011, as the industry’s benchmark, the Baltic ...
Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced th ...
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- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Minerals Council of Australia
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Independent Power Producers Association of India
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
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