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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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Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the ...
Sunday, 03 October 10
THE BDI WAS JUST INCREASED BY 8 POINTS AND CLOSED AT 2452 POINTS LAST FRIDAY - VISTAAR
COALspot.com: The BDI was almost at same levels and just increased by 8 points and closed at 2452 points , however the cape index was up by al ...
Sunday, 03 October 10
NALCO TO FINALIZE INDONESIA COAL DEAL BY JANUARY - HINDUSTAN TIMES
HindustanTimes reported that, state-owned National Aluminium Company (NALCO) will finalise a deal with a coal source in Indonesia for its $4 billion ...
Sunday, 03 October 10
INDONESIA WILL BECOME A NET IMPORTER OF ENERGY IN 2030 - BPPT
Jakarta Updates reported that,Indonesian Agency for the Assessment and Application of Technology (BPPT) predicted that the energy situation in Indon ...
Saturday, 02 October 10
FOUR INDONESIAN COAL FIRMS KEEN TO TIE UP WITH NALCO - SIFY
Sify reported that, Four Indonesian coal companies have shown interest to tie up with public sector National Aluminium Company (Nalco) for its 4 bil ...
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- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Xindia Steels Limited - India
- The University of Queensland
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Australian Coal Association
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
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