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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 April 17
THE AVERAGE SECOND HAND PANAMAXES AND CAPES PRICES FOR A 5-YR OLD VESSEL HAS INCREASED MORE THAN 19% AND 20% RESPECTIVELY M/M - INTERMODAL
With the help of what so far appears to be a very strong grain season together with the fact that imports from China have remained so far robust in ...
Tuesday, 04 April 17
THE IRON ORE HAS BEEN ABLE TO KEEP ITS GROWTH PATH FAIRLY WELL; THERE IS STILL ONE PART OF THE WORLD THAT IS STILL HEAVILY COMMITTED TO COAL
With the close of March having let us with a very positive after taste and having witnessed near the end of the month the Baltic Dry Index at its h ...
Monday, 03 April 17
WORLD COAL TRADE STABLE IN 2016: DEMAND SHIFTS TO SOUTH-EAST ASIA - ASSOCARBONI
ASSOCARBONI: Coal confirmed as the leading fuel for electricity generation, accounting for 40% of overall production in 2016.
World coal trade ...
Monday, 03 April 17
DRY BULK RATES CONTINUING TO FIRMING UP
COALspot.com: The Freight market was continuing to firming up. Baltic Panamax Index rose 12.81 percent week over week.
The Baltic Exchang ...
Friday, 31 March 17
U.S. COAL PRODUCTION INCREASE SLIGHTLY WEEK OVER WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.5 million short tons ...
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- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- White Energy Company Limited
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Planning Commission, India
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- MS Steel International - UAE
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
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