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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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Friday, 29 October 10
CHINA'S COAL DEMAND DRIVES DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is posting marginal, yet steady growth this week, with the Baltic Dry Index rising yesterday to 2784 points, up by 0.2%. Both th ...
Wednesday, 27 October 10
TNPL TO AWARD 240,000 MT COAL SUPPLY CONTRACT TO COAL & OIL
COALspot.com: Tamil Nadu Newsprint Papers Limited, Tamil Nadu state owned Newsprint and Printing & Writing Paper producer has opened a coal purc ...
Wednesday, 27 October 10
CHINA AIDS RUSSIA IN DEVELOPING COAL RESOURCES - PEOPLE'S DAILY
People's Daily reported that, Russia will use 6 billion U.S. dollars in loans provided by China to develop coal resources in Sakhalin Island, Elege ...
Wednesday, 27 October 10
MAIDEN COAL SHIPMENTS TO NOBLE RESOURCES - PAN ASIA AUSTRALIA
Press Release :
First Coal Shipments made from Nadvara Coal Project, East Kalimantan
51,616 tonnes delivered from October production &ndas ...
Tuesday, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...
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- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- White Energy Company Limited
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
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