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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, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...
Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...
Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...
Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year.
Kuzbasskaya Topli ...
Sunday, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points.
According to Vistaar Shipping of S ...
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- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- The University of Queensland
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Planning Commission, India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
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