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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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Friday, 18 May 18
INDONESIA'S SAMARINDA ANCHORAGE COAL LOADING ACTIVITIES WERE RESUMED YESTERDAY AT 4PM LOCAL TIME
Samarinda Anchorage coal loading activities were resumed yesterday at 4PM local time.
Local fishermen in Samarinda Anchorage have been demonst ...
Wednesday, 16 May 18
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Half-way through the second quarter of the year and as the Posidonia week approaches everyone is getting ready for this unique gathering that besid ...
Thursday, 10 May 18
PRIVATE POWER PRODUCERS NEED A 'POWERFUL PUSH' - PRADEEP MITTAL
- PLF of the Private Sector in the country (Coal and Lignite based) for FY 2017-18 (till Dec 2017) is 56%.
- 51 GW of stressed assets (Thermal &a ...
Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indones ...
Monday, 07 May 18
BENCHMARK PRICE OF INDONESIAN THERMAL COAL DROPPED BACK BELOW $90 A TON THIS MONTH
COALspot.com: According to latest ministerial decree No. 1812 K/30/MEM/2018 dated 3 May 2018, the Indonesian Coal Price Reference (HBA) decline 5.5 ...
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- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Chamber of Mines of South Africa
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
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