Feasibility Study of the Development of a Marine Waste Reprocessing Plant

The Requirement

Most governments in South East Asia ratified the IMO’s marine pollution at sea regulations. The regulations required that appropriate facilities are provided to receive waste from ships calling at their national port.

National Response Corporation (NRC), during which it was an affiliate of US public company Seacor International, identified these facilities as an investment opportunity and required experts to evaluate its business viability.

What We Delivered

NRC appointed BMT to undertake a regional study to assess the commercial potential of developing a marine waste collection and reprocessing network, resulting from the implementation of the regulations by the governments of Indonesia, Singapore and Malaysia. Work undertaken by BMT included:

• A review of all existing MARPOL reception facilities in South East Asia;
• Identification of size and nature of current MARPOL waste streams and a detailed forecast of how these will change over the next ten years;
• A study into appropriate collection options including transportation options for the concentration of wastes into discrete treatment centres;
• An assessment of appropriate treatment technology;
• Forecast product recovery potential from waste streams and appropriate treatments;
• Identification of potential end users of recycled product and the value they would place on the recycled product;
• Estimate of capital investment requirement and financial modelling of proposed developments to assess investment returns and the associated investment risk.

BMT also assisted in preparation and implementation of a business strategy including identification of and marketing for specific key developments to government and potential investors.