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Wednesday, 21 December 16
CLEANING THE OCEANS FROM PLASTIC - SOPHIE COTZIAS
 2016 is coming to a close and it finds us in preparation for the 2017 enforcement of the Ballast Water Treatment Systems. We naturally are in thought and preparation of the necessary cleaning of the ocean waters, which we utilize for the ballasting of our vessels. The cleanliness, or rather the not-so-cleanliness, of our Seas has become an issue in our business minds as well as our environmental consciousness.
An admirable young Dutch man, Boyan Slat, has triggered a viral interest and after a TEDx Talk and a huge crowdfunding campaign, more than 40,000 people from 160 countries donated in excess of 2.2 million Euros, for his plans to help deal with the growing environmental issue of Ocean plastic. He recently had the ‘North Sea Prototype’ -which investigates the survivability of the design- installed with the involvement of Boskalis. This has deployed a 100 meter-long barrier segment in the North Sea and it will remain there, for a year, testing this system in open waters for the first time. It has now been in place since June 2016.
The so called ‘Ghost nets’ are discarded fishing nets, many meters in diameter, notorious for ensnaring sea life and ship propellers. After the North Sea prototype, the intention is to carry out an aerial survey, conducting visuals over the Great Pacific Garbage Patch, also creating ‘3D images of ghost nets which can be up to 80 meters and weigh up to a ton!’ Boyan Slat explains: “We are also preparing the pilot project where the main focus of our engineering team is how the Ocean Cleanup Array (possibly up to 100 km) can be kept at its location and anchored to the seabed in a cost effective manner and in such massive depths (the ocean is 4.5 km deep at the planned site). It is important to stress that this barrier is very different from an oil boom, which is only used for a few days – the Ocean Cleanup Array has to be in place for 10 years!”
The Ocean Cleanup (a Dutch foundation developing advanced technologies to clean the oceans from plastic) results in a revenue stream, as the recycling of plastic is a high grade material that is utilized in many of our household items. This young man, Boyan Slat, is the CEO and founder of the Ocean Cleanup. He stresses that the initial findings of the expeditions have shown us that we must urgently deal with this growing accumulation of plastic.
On the road to the 2020 Cleanup there are some important milestones to be met, like the 2016 North Sea Prototype, which investigates the survivability of the design and the Aerial Expedition that took place in late September/early October this year, to accurately quantify ghost nets. It will then be followed by the first operational pilot system in Pacific Waters by late 2017.
The Ocean is the engine of all life and our business is also dependent on this. The blue heart of the planet needs our conscious contribution to ensure its support to our wellbeing. Our wish should be sharing Marine biologist Sylvia Earle’s vision, to involve ourselves in one of the many organizations like www.5gyres.org, www.conservation.org/OceanPollution, www.mission-blue.org/act, www.plasticoceans.org and the www.theoceancleanup.com mentioned above. Conscious awareness of the problem will ensure a better cleaner Ocean life.
As loads of people tweet we’re all so glad that there is hope.
By Sophie Cotzias
Managing Director
Cotzias Intermodal Shipping Inc.
Compiled by:
Intermodal Research & Valuations
Analysts:
Ms. Eva Tzima
Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
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Wednesday, 22 November 17
THERMAL COAL WAS FLAT AMID CONCERNS OF FURTHER GOVERNMENT INTERVENTION IN CHINA, SAYS DANIEL HYNES
Coal prices were mixed. Thermal coal was flat amid concerns of further government intervention in China, said Daniel Hynes Senior Commodity Strateg ...
Wednesday, 22 November 17
CHINA CONSUMES MORE THAN TWO-THIRDS OF THE GLOBAL SEABORNE IRON ORE MARKET; PRODUCES AS MUCH STEEL AS THE REST OF THE WORLD COMBINED - CHRISTOPHER T. WHITTY
China consumes more than two-thirds of the global seaborne iron ore market and at the same time produces as much steel as the rest of the world com ...
Monday, 20 November 17
INDONESIAN COAL BENCHMARK PRICE SURGES 0.86% TO $94.80 A TON, GOVERNMENT DATA SHOWS
COALspot.com: Indonesian coal benchmark price surges 0.86% in November compared to declared price in October, the latest ministerial decree showed. ...
Friday, 17 November 17
U.S. PRODUCED 678.8 MMST OF COAL YEAR TO DATE; 9% UP Y/Y, EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.8 million short ton ...
Thursday, 16 November 17
PANAMAX ACTIVITIES HAVE SLOWED DOWN QUITE SUBSTANTIALLY THE LAST WEEK - FEARNLEYS
Supramax
Another week with rates easing over all the Supra routes within Atlantic.
Front hauls from USG got payed around 21-22k daily and ul ...
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Showing 1871 to 1875 news of total 6871 |
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- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- New Zealand Coal & Carbon
- Australian Coal Association
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Planning Commission, India
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
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