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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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Friday, 10 March 17
ESTIMATED U.S. COAL PRODUCTION ALMOST FLAT WEEK ENDED MARCH 4, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Friday, 10 March 17
THE 5TH PHILIPPINES POWER AND ELECTRICITY WEEK RETURNS WITH A UNIQUE FOCUS IN 2017
5th Annual Philippines Power & Electricity
18-21 July 2017
Solaire Resort & Casino,Manila, Philippines
http://www.philippinespowe ...
Thursday, 09 March 17
INDONESIAN COAL BENCHMARK PRICE DROPPED FOR A THIRD STRAIGHT MONTH IN MARCH, GOVERNMENT DATA SHOWED
COALspot.com: Indonesian government declared coal benchmark price dropped for a fourth straight month in March, government data showed. The ...
Wednesday, 08 March 17
THE FREIGHT MARKET TODAY PROVIDES MUCH MORE CONFIDENCE COMPARED TO LAST YEAR - TIMOS PAPADIMITRIOU
So what's all the fuss about? During the past five months SnP activity has being surging exponentially in the dry bulk sector. Buyers are looki ...
Monday, 06 March 17
THE FREIGHT MARKET WAS CONTINUING TO FIRM UP THIS PAST WEEK
COALspot.com: The Freight market was continuing to firm up this past week.
The Baltic Exchange, tracking rates for ships carrying dry bulk com ...
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- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
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