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Tuesday, 23 August 22
PARTIES CONCLUDE JOINT R&D AGREEMENT FOR WORLD’S FIRST AMMONIA FLOATING STORAGE AND REGASIFICATION BARGE CONTRIBUTING TO PROMOTING THE EARLY INTRODUCTION OF AMMONIA FUEL - NYK
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercialization of an ammonia floating storage and regasification barge (A-FSRB). Specifically, the parties will work on the R&D of the world’s first barge* equipped with a floating storage and regasification facility for ammonia.
Background
Since ammonia does not emit carbon dioxide (CO2) when combusted, it is expected to be a next-generation fuel that contributes to global warming countermeasures. In Japan, technological development is underway for ammonia fuel mixed combustion power generation at coal-fired power plants as an innovative next-generation thermal power generation technology that contributes to the reduction of CO2 emissions. On the other hand, when using ammonia in existing thermal power plants, there are issues such as the problem of securing land for new onshore facilities including storage tanks and regasification facilities, and the large initial investment cost.
An A-FSRB is an offshore floating facility that can receive and store ammonia that has been transported via ship as a liquid, warm and regasify ammonia according to demand, and then send it to a pipeline onshore. An A-FSRB offers the advantages of shorter construction time and lower costs in comparison to construction of onshore storage tanks and regasification plants. In fact, the A-FSRB is expected to speed up the adoption of ammonia fuel and contribute to its wider use as a lower-environmental-impact next-generation fuel.
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercialization of an ammonia floating storage and regasification barge (A-FSRB). Specifically, the parties will work on the R&D of the world’s first barge* equipped with a floating storage and regasification facility for ammonia.
Background
Since ammonia does not emit carbon dioxide (CO2) when combusted, it is expected to be a next-generation fuel that contributes to global warming countermeasures. In Japan, technological development is underway for ammonia fuel mixed combustion power generation at coal-fired power plants as an innovative next-generation thermal power generation technology that contributes to the reduction of CO2 emissions. On the other hand, when using ammonia in existing thermal power plants, there are issues such as the problem of securing land for new onshore facilities including storage tanks and regasification facilities, and the large initial investment cost.
An A-FSRB is an offshore floating facility that can receive and store ammonia that has been transported via ship as a liquid, warm and regasify ammonia according to demand, and then send it to a pipeline onshore. An A-FSRB offers the advantages of shorter construction time and lower costs in comparison to construction of onshore storage tanks and regasification plants. In fact, the A-FSRB is expected to speed up the adoption of ammonia fuel and contribute to its wider use as a lower-environmental-impact next-generation fuel.
Future Outlook
The parties will promote R&D with the aim of becoming a solution for introducing ammonia fuel mixed combustion to coal-fired power plants that domestic electric power companies are currently working on.
Source: Nippon Yusen Kaisha
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Friday, 02 December 22
INDONESIAN COAL PRICE REFERENCE PLUNGE TOWARD US$ 281.48 A TON AS DEMAND DROPS WORLDWIDE
COALspot.com: The cost of coal is falling so fast that it is beginning to put real money back in the pockets of end-users.
Indonesia ...
Wednesday, 30 November 22
INDONESIA’S BUMI RESOURCES TARGETS 2023 COAL OUTPUT OF 80 MLN TONNES - REUTERS
Indonesian coal miner PT Bumi Resources Tbk BUMI.JKis eyeing a 10% increase in output to 80 million tonnes next year amid expectations for more fav ...
Wednesday, 30 November 22
TANKERS: LONGER HAULS TO SUPPORT CONTINUED STRENGTH - BIMCO
Highlights
A rebound in the dirty tanker trade has led the Baltic Exchange Dirty Index (BDTI) to increase by 64% since our last report from mid ...
Wednesday, 30 November 22
MARKET INSIGHT - INTERMODAL
Shipping, although a conservative and innovation adverse industry, is currently in a transition period of digital transformation. According to a su ...
Tuesday, 29 November 22
INDIA TO RECEIVE FIRST LNG CARGO FROM INDONESIA’S TANGGUH LNG - REUTERS
India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a ...
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- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- The University of Queensland
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Sical Logistics Limited - India
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
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