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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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Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...
Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...
Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up.
The BDI was almost at sam ...
Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy
The Atlantic markets are weak and remained unusually calm after the Thanksgiving ...
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- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- The University of Queensland
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Economic Council, Georgia
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
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