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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, 10 February 21
FY21 COAL DEMAND MAY BE LOWER THAN PREVIOUSLY ESTIMATED DUE TO COVID-19: PRALHAD JOSHI - PTI
Coal demand in the current fiscal may be lower than the initial estimate of 1,085 million tonnes (MT) due to the impact of COVID-19, Parliament was ...
Wednesday, 10 February 21
MARKET INSIGHT - INTERMODAL
We have just entered February, Chinese New Year holidays are about to start and the SnP market for bulkers is so hot as every seller would dream of ...
Tuesday, 09 February 21
SWITCHING COAL PLANTS TO PLN'S BIOMASS COFIRING PLAN IS NO MAGIC BULLET - IEEFA
Implementation risks for Indonesia PLN's switch from coal to biomass cofiring
PLN’s biomass cofiring plan will require not ...
Friday, 05 February 21
THE INDONESIA COAL PRICE REFERENCE FOR FEBRUARY 2021 SETTLES AT US$ 87.79 PER TON FOB VESSEL
COALspot.com: The Indonesia coal price reference for February 2021 settles at US$ 87.79 per ton FOB vessel. The February reference price is the hig ...
Thursday, 04 February 21
WHY BANGLADESH SHOULDN’T COUNT ON A FOSSIL FUEL FUTURE - IEEFA
Around US$50 billion of LNG projects in Asia at risk of cancellation
Two astonishing figures have circulated in the Asian energy sector in the ...
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- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- White Energy Company Limited
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Planning Commission, India
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
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