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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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Tuesday, 05 September 17
COAL: A STRONG MOVEMENT IN THE COAL MARKET OVER THE SUMMER MONTHS - GEORGE LAZARIDIS
We have been witnessing a strong movement in the coal market over the summer months something that has not only helped boost prices for the commodi ...
Friday, 01 September 17
U.S COAL OUTPUT DIPS WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 31 August 17
SUPRAMAX: INDO TO CHINA COAL TRIPS AT AROUND $9000, DELIVERY THAILAND - FEARNLEYS
Supramax
A bit slow start to the week with UK holidays on Monday. Still strong rates for cargoes out of Black Sea, where front hauls where done $ ...
Tuesday, 29 August 17
WEEKLY SHIPPING MARKET ANALYSIS - ALLIED
In the aftermath of Hurricane Harvey, one of the worst disasters to hit Texas, we are now looking to get a clearer picture of the possible disrupti ...
Tuesday, 29 August 17
U.S WEEKLY COAL OUT UP 3.4% WEEK OVER WEEK TO APPROX. 17 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tonne ...
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Showing 1956 to 1960 news of total 6871 |
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- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
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