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Wednesday, 13 June 18
SHIPPING MARKET INSIGHT - SOPHIE COTZIAS
 2018 marks quite a few milestones for Greek Shipping. No need to detail again the greatness of Greek Shipping or the singular position that Greek seafarers hold Internationally. We’re proud that our firm has entered the 125-year frame and we see the continued ‘success story’ having properly entered the third century of operations for the family business established back in 1893 on the island of Syros, by the undersigned’s great granddad, Nicolas D. Cotzias. The fourth generation of the Cotzias dynasty actively continues to be associated with the best aspects of
Shipping.
Another milestone is that Posidonia became ‘middle-aged’ in 2018, having reached its 50th year anniversary. The long week, or arguably a fortnight, that brought an alleged €62 million to the Greek economy -through the many professions that busied themselves with the influx of an excess of 22,000 visitors- is over. Long memories of ‘young at heart’ shipping executives can remember the 1969 first Posidonia in Zappeion, followed by the move to the OLP building of the Piraeus Port Authorities between 1976-2004, then a short pass, thrice, through the old airport in Ellinikon, to ‘land’ in 2012 in the grand expanse of the organized Metropolitan Expo that also housed this year’s Posidonia.
The inspired Vokos family – close friends of the undersigned- have been making history since the brilliant and original idea to celebrate the formation of Piraeus as THE global Shipping center through the inception of POSIDONIA. It has grown in fame and size having reached the incredible participation of well over 22,000 visitors of 1,920 exhibiting companies from 96 countries. The President of the UGS, Theodore Veniamis, rightly pointed that ‘Posidonia’… ‘spreads a sense of enthusiasm among the shipping community’. The optimism deriving from the Posidonia uplift may also prove to generate further positive market sentiment.
Both the professionals and the other hard-working men and women who supported all aspects of the service industry attaching to the exhibition were exemplary. A habit which we witness every two years and it defies the external belief that we Greeks lack organizational skills and commitment to hard work.
An interesting item of news to this particular Posidonia was the huge influx of ICT (Information Communication Technology) companies, -circa 60- that see the future developing in the way of: location specific weather forecasting, cloud gathering of ship data, cyber protection, cargo tracking, improved crew management, telemedicine for crew and all the technology applications that will serve the future of the automated vessels, leading eventually to unmanned smart ships. This year’s exhibiting ICT companies came from 18 countries from all over the world and all aspire to redefine the shipping business. All these innovations were presented in the numerous forums and discussions held at the Posidonia site.
And to close this celebratory Insight, I heard on the official Posidonia opening video an impressive claim, that if one would line up all Greek vessels you can reach Jupiter, the Zeus (Dias) of the Greek Gods! Neptune/Poseidon rejoice, it all started in Greece!
By Sophie Cotzias
Managing Director - Cotzias Intermodal Shipping
The GOLDEN anniversary/50 years of Posidonia
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, 05 June 18
THINGS STILL LOOK TO BE PROMISING FOR THE DRY BULK MARKET OVER THE NEXT COUPLE OF MONTHS - GEORGE LAZARIDIS
Just as we thought the world was calming back down to reason, worries and frictions regarding global trade resurfaced this past week after a series ...
Tuesday, 05 June 18
INDONESIAN COAL PRICE REFERENCE IS GOING UP AGAIN
COALspot.com: According to latest ministerial decree No. 1857 K/30/MEM/2018 dated 4 June 2018, the Indonesian Coal Price Reference (HBA) up 7.91 pe ...
Saturday, 02 June 18
HOW CARBON UTILISATION WILL BE A KEY STEP IN INDIA'S CLIMATE STRATEGY - BENJAMIN SPORTON
For India, energy remains the key driver of growth, not only from an economic perspective but more importantly for accelerating social development. ...
Thursday, 31 May 18
SUPRAMAX: INDO/CHINA COAL RV IS GETTING FIXED AROUND $13K DELIVERY SINGAPORE - FEARNLEYS
Capesize
The Cape market has been on a downward trend for the past week.
According to Fearnleys, Oslo based broker, Brazil market ...
Wednesday, 30 May 18
HIGH PRICE, DMO ENCOURAGE COAL MINERS TO BOOST PRODUCTION - THE JAKARTA POST
A number of coal miners are planning to increase production by 10 percent in the second half of this year after a worldwide price increase.
Th ...
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- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- MS Steel International - UAE
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Aditya Birla Group - India
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
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