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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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Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies.
N ...
Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...
Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...
Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks.
The BDI softened ...
Saturday, 26 June 10
MONGOLIA COAL RAILWAY TO LINK WITH RUSSIA - BUSINESS WEEK
Business Week reported that, Mongolian lawmakers have approved plans for a rail line linking with Russia to help tap large coal deposits in the sout ...
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- Simpson Spence & Young - Indonesia
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- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
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- GAC Shipping (India) Pvt Ltd
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- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
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- Directorate General of MIneral and Coal - Indonesia
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- Minerals Council of Australia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- White Energy Company Limited
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- ASAPP Information Group - India
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- Lanco Infratech Ltd - India
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- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
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- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
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- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
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- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
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- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
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- Australian Coal Association
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
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- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
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