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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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Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS
My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is ...
Monday, 31 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE SHORTENS
Business week reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in powe ...
Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure ...
Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, co ...
Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
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- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
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- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
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- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
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- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
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- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
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- Indogreen Group - Indonesia
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- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Minerals Council of Australia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- The University of Queensland
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Indian Energy Exchange, India
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