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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, 10 January 17
SHIPPING MARKET 2017
After having entered into a New Year, fresh hopes seem to be high for this to be the turning point in the market that many have been looking forwar ...
Monday, 09 January 17
FFA SUPRAMAX: Q1 AND Q2 TRADING UP TO $7100 WHILE CAL17 PRINTED $7250 - FIS
Capesize
Sentiment has swung quickly on capes and although there appears to be a very short list for open tonnage in the Atlantic Feb dates appea ...
Monday, 09 January 17
COAL MARKETS WERE UNEXPECTEDLY ONE OF THE STRONGEST PERFORMERS OF 2016 - SGX
COALspot.com: Coal markets were unexpectedly one of the strongest performers of 2016, with domestic production restrictions in China as well as sup ...
Monday, 09 January 17
THE INDONESIA COAL BENCHMARK PRICE SLIDES AFTER THE RECENT RALLY
COALspot.com: The Indonesia coal benchmark price slides in January 2017 after the recent rally. The government declared benchmark prices for Indone ...
Friday, 06 January 17
U.S. WEEKLY ESTIMATED COAL PRODUCTION TOTALED APPROXIMATELY 12.4 MMST; DOWN 18.4% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 12.4 million short ton ...
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- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- The University of Queensland
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- ASAPP Information Group - India
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Australian Coal Association
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
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