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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, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight
With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...
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- Aditya Birla Group - India
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
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