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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, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
Saturday, 18 September 10
ECI / CHINA FREIGHT ROUTE DOWN BY 1.22 PCT OR US$ 225 PER DAY AND CLOSED AT US$ 18,123 PER DAY - VISTAAR
COALspot.com: The BDI was under pressure this week and was almost down by 11 pct and closed at 2676 points.
The Cape and Panamax index was almost ...
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- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
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