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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, 21 July 10
FEWER SHIPS SOLD FOR SCRAP IN JUNE, ADDING PRESSURE TO FREIGHT RATES
The easing of vessel tonnage supply should be among the main concerns among ship owners, especially those active in dry bulk shipping. The reason is ...
Wednesday, 21 July 10
BUKIT ASAM SEALS RP900 BIO COAL DEAL
Souce: Insider Stories
Insider Stories reported that, State-Owned coal producer PT Tambang Batubara Bukit Asam Tbk (PTBA) have agreed t ...
Wednesday, 21 July 10
TUAH TURANGGA BUYS ABP US$ 15.9 MIO
Source: Insider Stories
Insider Stories reported that, Komatsu heavy equipment PT United Tractors Tbk (UNTR) through its wh ...
Tuesday, 20 July 10
CHINA'S RELIANCE ON COAL TO DROP 7% BY 2015 - XINHUA NET
Xinhua Net reported that, China's coal consumption is likely to drop to 63 percent of total energy consumption by 2015, down from 70 percent last y ...
Tuesday, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT
According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 milli ...
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- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
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- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
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- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
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- Bhushan Steel Limited - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- The University of Queensland
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
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