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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, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- Parliament of New Zealand
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- White Energy Company Limited
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- The University of Queensland
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- PTC India Limited - India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
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