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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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- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- The University of Queensland
- Australian Coal Association
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
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