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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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Tuesday, 04 October 22
INDONESIAN COAL PRICE REFERENCE SURGE AGAIN TO RECORD HIGH
COALspot.com: Indonesian Coal Price Reference reached another record high in October as Russia's war in Ukraine continues to spark a surge in c ...
Sunday, 02 October 22
MISC STRENGTHENS ITS PARTNERSHIP WITH SEARIVER MARITIME
MISC Berhad (MISC) today announced that its subsidiaries Polaris LNG Three Pte. Ltd. and Polaris LNG Four Pte. Ltd. have secured long-term time cha ...
Thursday, 29 September 22
MARKET INSIGHT - INTERMODAL
This week, focus turns to the 38th APPEC Conference, where leading professionals from the global oil industry will discuss the future key drivers o ...
Thursday, 29 September 22
HIGH COAL PRICES REMAIN A CONCERN FOR DOMESTIC NON-FERROUS METAL COMPANIES - ICRA
According to ICRA on Monday, the high price of coal will have a negative effect on the profitability of domestic non-ferrous metal companies that m ...
Tuesday, 27 September 22
14% INCREASE IN EUROPEAN COAL DEMAND TO BE SHORT-TERM TREND - WOOD MACKENZIE
European seaborne thermal coal demand is projected to increase 14% or 12 million metric tonnes (Mt) this year to 98 Mt as it grapples with the curr ...
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- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Australian Coal Association
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Planning Commission, India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
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