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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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Monday, 16 January 17
WHY THE SOLUTION TO INDIA'S ENERGY CHALLENGE LIES IN COAL POWER PLANTS - BENJAMIN SPORTON
India’s huge development and energy challenges mean there are economic and development arguments for investing in new coal power plants for t ...
Friday, 13 January 17
U.S. COAL PRICES TO INCREASE IN 2017 AND IN 2018 - EIA
Coal Supply
EIA estimates that U.S. coal production declined by 158 million short tons (MMst) (18%) in 2016, to 739 MMst, which would be the lowe ...
Friday, 13 January 17
U.S. COAL IMPORTS IN THIRD QUARTER 2016 TOTALED 2.7 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 13.8 million short ton ...
Thursday, 12 January 17
ASIA: COAL'S FUTURE - BENJAMIN SPORTON
As economies develop and the United Nations’ Sustainable Development Goals (SDGs) are realised, demand for energy will increase as more peopl ...
Wednesday, 11 January 17
MARKET INSIGHT - GEORGE DERMATIS
A new year has dawned upon us and it sure promises to be an exciting one which makes it practically impossible to resist the challenge of making a ...
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- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Australian Coal Association
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- MS Steel International - UAE
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
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