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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, 05 July 17
TROUBLE SEEMS TO BE LOOMING ONCE MORE IN THE STEEL INDUSTRY - GEORGE LAZARIDIS
Trouble seems to be looming once more in the steel industry as US President Trump puts forth his plans for specialist protectionist measures for th ...
Friday, 30 June 17
U.S. WEEKLY COAL OUTPUT SLIGHTLY DOWN
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.6 million short tonn ...
Wednesday, 28 June 17
SHIPPING MARKET INSIGHT - TIMOS PAPADIMITRIOU
From the beginning of the year until now SnP activity has changed significantly. To put things into perspective, after a fast and furious q1 on the ...
Monday, 26 June 17
PANAMAX/KAMARMAXES HAD A STRONG WEEK WITH RATES RISING IN MOST AREAS OF THE MARKET - BALTICEXCHANGE
Capesize
A dark cloud appeared to have descended over the market for the big ships with rates continuing to slide in all areas. There was a repor ...
Friday, 23 June 17
U.S. WEEKLY COAL PRODUCTION TOTALED APPROXIMATELY 15.8 MMST; UP 1.8% W/W
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.8 million short tonn ...
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Showing 2016 to 2020 news of total 6871 |
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- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Planning Commission, India
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- The University of Queensland
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
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