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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, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with ...
Tuesday, 10 August 10
KOREA'S EWP TO BUY 4 MILLION TON OF 3700 AND 4600 NAR COAL AT FIXED PRICE
COALspot.com: Korean utility East-West Power out with the tender to buy 0.670 million tons with a minimum calorific value of 4600 NAR and 0.350 mill ...
Tuesday, 10 August 10
COAL CONSTRAINS CORE SECTOR GROWTH IN JUNE 2010
Growth in the six key infrastructure sectors decelerated for the third month in June. This is primarily due to last year’s high base effect. D ...
Sunday, 08 August 10
SOUTH AFRICA INCREASES COAL EXPORTS TO INDIA BY 74% IN JULY, TRADER SAYS
South Africa’s Richards Bay, the continent’s largest coal terminal, increased sales to India by 74 percent in July from June, according ...
Saturday, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR
COALspot.com: The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 p ...
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- Parliament of New Zealand
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
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