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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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Monday, 29 March 21
MOODY'S: OUTLOOK FOR GLOBAL METALS AND MINING INDUSTRY TURNS POSITIVE ON HIGHER EBITDA IN PANDEMIC'S WAKE
- Demand for steel, iron ore and copper will rise, while aluminum, nickel and zinc will remain in surplus
- EBITDA is expected to ...
Thursday, 25 March 21
'OMNIBUS LAW' REGULATION ON INDONESIA’S ENERGY AND MINING SECTORS TO BOOST COAL PROCESSING BUT ALSO RAISES QUESTIONS - ABNR
February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (colloquially known as the ...
Thursday, 25 March 21
PROPOSED SWITCH FROM COAL TO LNG THREATENS RENEWABLE ENERGY DEVELOPMENT IN ASIA - IEEFA
Renewables offer an ever cheaper, financially sustainable and energy secure alternative, better able to support developing nations
A ...
Thursday, 25 March 21
MAJOR INVESTMENT ADVISORS BLACKROCK AND MEKETA PROVIDE A FIDUCIARY PATH THROUGH THE ENERGY TRANSITION - IEEFA
BlackRock and Meketa say divestment from fossil fuels improves, not weakens, investment returns
Two major financial management firms ...
Thursday, 25 March 21
EUROPE PASSES MILESTONE WITH HALF OF COAL PLANTS CLOSED OR SET TO RETIRE BY 2030 - EURACTIV
Half of Europe’s 324 coal-fueled power plants have either closed or announced a retirement date before 2030, it emerged on Monday (22 March) ...
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- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Parliament of New Zealand
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- The University of Queensland
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
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