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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, 06 August 10
KRISHNAPATNAM PORT WINS NON MAJOR PORT AWARD 2ND TIME IN A ROW
COAlspot.com ( Press Release) Krishnapatnam Port, the world-class port on the Indian horizon, took the top honors for the second time in a row, in t ...
Friday, 06 August 10
POLANDS KOPEX GROUP DEVELOPS COAL MINE IN INDONESIA
Polishmarket reported that, Polish mining concern Kopex Group, , is to build the first in Indonesia mechanised underground coal mine. The group is c ...
Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining ...
Thursday, 05 August 10
IRON ORE EXPORT BAN COMPOUNDS PROBLEMS OF INDUSTRY - BUSINESS STANDARD
Forex loss of Rs 300 crore (US$ 65.63 million) ; truckers, ports, Railways bear the brunt
The Karnataka government’s move to ban the export ...
Thursday, 05 August 10
DRY BULK LOOKING TO CHINA FOR A NEW RALLY, BUT INDIA COULD BE THIS YEAR'S SURPRISE
The dry bulk market’s rebound has hit a “wall” this week, with the industry’s benchmark, the BDI (Baltic Dry Index) ending i ...
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- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- The University of Queensland
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Planning Commission, India
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
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