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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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Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
...
Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
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- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Planning Commission, India
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Central Electricity Authority - India
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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