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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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Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
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- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- The University of Queensland
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- PTC India Limited - India
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
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