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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, 01 October 10
COAL TRADERS POWER FOREIGN ASSET BUYS - ECONOMIC TIMES
Economic Times reported that, the rush to own coal assets is leading to innovative alliances. are teaming up with utilities like , Reliance Power an ...
Thursday, 30 September 10
LOW CALORIFIC VALUE COAL MAY BE SOLD BELOW COAL REFERENCE PRICE IN INDONESIA
COALspot.com: Indonesia, the world’s largest coal exporter has issued another ministerial decree to regulate the selling price of coal of Indo ...
Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and t ...
Thursday, 30 September 10
THE PANAMAX CONTINUED ITS DOWNWARD TREND FROM LAST WEEK - FEARNBULK
HANDY
Activity remains slow this week combined with a lack of fresh enquiry and tonnage over-supply in the Atlantic. Indexes are all negative exce ...
Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...
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- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- The University of Queensland
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- White Energy Company Limited
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Aditya Birla Group - India
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
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