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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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Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
Thursday, 08 July 10
KPCL RECEIVES 8 QUALIFIED BIDS TO SUPPLY 500,000 MT OF COAL
COALspot.com: Indian state utility KARNATAKA POWER CORPORATION LIMITED has opened price bid yesterday.
According to a participant, the quo ...
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- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Australian Coal Association
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Parliament of New Zealand
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
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