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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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Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country.
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Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...
Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...
Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported 1.3 million tons of non - Coking coal and 468,229 Mt of coking coal for the period 16 - 22 August 2010 ...
Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
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- Jaiprakash Power Ventures ltd
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- Eastern Coal Council - USA
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- Australian Commodity Traders Exchange
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- Georgia Ports Authority, United States
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- Eastern Energy - Thailand
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- Krishnapatnam Port Company Ltd. - India
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- Semirara Mining and Power Corporation, Philippines
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- Ministry of Finance - Indonesia
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- Deloitte Consulting - India
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- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
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- GAC Shipping (India) Pvt Ltd
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- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
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- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
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- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Australian Coal Association
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- London Commodity Brokers - England
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