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Thursday, 28 January 21
WIND PROPULSION FOR DRY BULK CARRIERS - OLDENDORFF
 Oldendorff Carriers (OC) has signed a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), Lloyd’s Register (LR) and Shanghai Merchant Ship Design and Research Institute (SDARI) to develop a wind-assisted propulsion solution for Dry Bulk Carriers. The project, scheduled for completion in 2022, breaks down significant barriers for the installation of rotor sails technology and paves the path for commercial-ready applications across the industry in the short-term.
Torsten Barenthin, Director Innovation of Oldendorff Carriers stated: “This JDP, together with other ongoing projects in our company, is a testament to our commitment to the development and application of green technologies across our fleet. By partnering with the ship designer (SDARI), manufacturer (Anemoi) and Classification Society (LR), OC seeks to achieve a comprehensive functional application of wind technology that returns environmental and commercial benefits throughout our vessels’ entire life cycle”.
The adoption of this fuel saving technology consists of installing Anemoi’s patented vertical rotors on deck. These mechanical sails, when driven to rotate, harness the power of the wind to provide additional thrust to vessels, reducing fuel consumption and lowering carbon emissions. In order to ensure the rotors do not interefere with cargo operations and air draft limitations, the sails are mounted with a folding system that enables them to be lowered from vertical into a horizontal position on deck ( See how the system works).
By fitting vertical rotors on a Newcastlemax bulk carrier of 207,000 tdw, wind propulsion can be tested on long haul voyages. Once the design and study phases have been concluded, the results obtained will determine whether we proceed with the installation of the wind rotor technology aboard one of our vessels.
“We are honoured to see Oldendorff Carriers, an industry leader, acknowledge Anemoi Rotor Sails as a key solution to reducing energy consumption and harmful emissions in the bulk sector. Partnering in this project further demonstrates Oldendorff Carriers’ commitment to sustainable shipping and their support of emerging wind propulsion technology as a route to future environmental compliance and decarbonisation“ said Nick Contopoulos, Chief Operating Officer, Anemoi Marine Technologies.
OC approaches decarbonisation from a holistic perspective. As shipowner and operator, our efforts to achieve zero greenhouse gas emissions are not only benefiting the company but also the entire value chain. By adding renewable energy to our array of sustainable shipping projects, we continue adding value to the entire spectrum of stakeholders by reducing the overall environmental impact of our operations.
Mark Darley, LR Marine & Offshore Chief Operating Officer, said: “As the need to decarbonise the shipping industry becomes more pressing, this JDP with leaders in maritime marks an important milestone on the journey and further demonstrates LR’s commitment to accelerating this transition. The partners’ collective action and joint collaboration will see the development of solutions that will meet current and future environmental targets.”
Wang Gang Yi, Chief Engineer of SDARI commented: “It is our great honor to provide green solution designs to Oldendorff Carriers, a leading shipping company. We believe the JDP shows the maritime community OC’ is serious about its efforts to reduce GHG emissions and make shipping sustainable and competitive. We think that using wind assistance for enhancing propulsion is a viable way of helping to decarbonise the industry.”
The rotor sails technology is a complementary solution suitable for combination with other green developments. Last year OC also signed an agreement with the Massachusetts Institute of Technology’s Center for Bits & Atoms to investigate disruptive improvements in ship design and propulsion to achieve the IMO 2030/50 goals.
Source: Oldendorff Carriers
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Wednesday, 14 April 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 1.10 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.05 points Monday, down 1.10 percent week on week.
The index, released by Chi ...
Wednesday, 14 April 21
MARKET INSIGHT - INTERMODAL
After a series of months where the dry bulk sector was attracting most of the buying interest, tankers SnP activity spiked in the previous weeks. O ...
Tuesday, 13 April 21
INDONESIAN COAL PRICE REFERENCE IN APRIL UP AGAIN ON FIRM DEMAND
COALspot.com: The Indonesia coal price reference for April 2021 settles at US$ 86.68 per ton FOB vessel.
The Indonesia coal pr ...
Monday, 12 April 21
CHINA'S ECONOMIC RECOVERY PUSHES COAL MINES TO INCREASE YIELD - GLOBAL TIMES
China’s fast economic rebound from coronavirus has driven up electricity demand, leading to higher consumption of coal which is seeing rising ...
Monday, 12 April 21
GLOBAL COAL PRODUCTION EXPECTED TO RISE BY 3.5% IN 2021, SAYS GLOBALDATA
Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions obse ...
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- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
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