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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, 16 December 20
INDONESIAN COAL RECOVERING - FITCH
Commenting on Indonesian coal, Fitch Ratings, the Indonesian 4,200 kcal index has begun to recover, improving to over USD 29 in November compared t ...
Tuesday, 15 December 20
NEWCASTLE PRICES RECOVER - FITCH
Prices for the benchmark Newcastle 6,000 kcal/kg grade coal have rebounded to over USD 70/tonne since late November as major Asian economies ease l ...
Tuesday, 15 December 20
APAC COAL PRICES REBOUND ON IMPROVED DEMAND AND SUPPLY CUTS - FITCH RATINGS
Prices for the benchmark Newcastle 6,000kcal/kg grade coal have rebounded to over USD70/tonne since late November as major Asian economies ease loc ...
Tuesday, 15 December 20
CHINA EXTENDS FULL OPEN GESTURE TO IMPORTED COAL EXCEPT FOR AUSTRALIA - GLOBAL TIMES
Domestic, overseas suppliers will take up share with easier clearance
China's top economic planner on Saturday gave approval to ...
Monday, 14 December 20
PHILIPPINE BANK RCBC TO STOP LENDING FOR NEW COAL-FIRED POWER PROJECTS - MANILA BULLETIN
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has forthrightly declared that it will no longer extend financing to new coal-fired power ...
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- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- PTC India Limited - India
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
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