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OC-Tech

OC-Tech: Innovative vessel for cleaning-up activities in marine and fluvial environments.

Total Cost €

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EC-Contrib. €

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Partnership

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 OC-Tech project word cloud

Explore the words cloud of the OC-Tech project. It provides you a very rough idea of what is the project "OC-Tech" about.

until    48    worker    attractive    jellyfish    spanish    invest    25    2019    total    spills    revenues    spain    feasibility    competitive    rate    surveillance    budget    worked    21    350    05m    financial    rivers    savings    blooms    marpol    market    transport    ports    deck    considering    units    10m    plan    oc    stopping    600    2023    price    actually    constituted    344    profit    500kg    viability    sea    12    commercial    20m    algal    fuel    tech    hours    80    technological    sl    pollution    55    weight    deal    loads    patent    investment    area    15    ocean    profitable    maritime    cleaning    oct    company    maintenance    selling    8m    separation    versatile    fluvial    thanks    hour    infestations    tons    250    business    2013    55m    39    hydrocarbon    services    alternatives    inshore    modular    solutions    cleaner    return    invested    lower    innovative    flotsam    vessel    cumulated    solution    march    passengers    32    recovering    m2    bagging    transporting    domain    put   

Project "OC-Tech" data sheet

The following table provides information about the project.

Coordinator
OCEAN CLEANER TECNOLOGY SL 

Organization address
address: PIANO 4-10-3
city: EL PUERTO DE SANTA MARIA
postcode: 11500
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-07-01   to  2016-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    OCEAN CLEANER TECNOLOGY SL ES (EL PUERTO DE SANTA MARIA) coordinator 50˙000.00

Map

 Project objective

OC-Tech solution has been developed by OCEAN CLEANER TECHNOLOGY S.L. (OCT SL) (Spain), constituted as a company in 2013 after developing the Spanish patent “Pollution control vessel”. We have developed our innovative OC-Tech in order to contribute to the cleaning-up and surveillance of the EU maritime and fluvial domain.

OC-Tech is a new vessel for recovering hydrocarbon spills (15 tons/hour with a separation rate of 70-80%) and being also able to deal with algal blooms, jellyfish infestations and flotsam. OC-Tech has a large deck for transporting personnel (until 12 passengers) and loads (1,500kg/m2). It is versatile and is able to work on ports, inshore, open sea and rivers during 48 hours without stopping due to our unique bagging system. Further, is easy to transport to the area affected thanks to its lower weight and modular design.

OC-Tech makes an attractive investment because of its competitive price and due to its wider range of applications, including MARPOL services. OC-Tech 10m has a market price of €350,000 and OC-Tech 20m, €1,600,000 (25% lower than current alternatives). OC-Tech has also low operating and maintenance costs (55% of savings) compared to competitive solutions for fuel savings and hours actually worked per worker.

During Phase 1 execution, we will develop a Feasibility Study including a Business Plan to assess the technological, commercial and financial viability. The general objective is to bring to the market our OC-Tech by March 2019. OC-Tech will be highly profitable by 2023 with total revenues of €21,55M and cumulated profit of €10,344,000 by selling 32 units in total until 2023. We have invested €250,000 until now and we will invest €2.8M more to put OC-Tech into the market. Considering a total budget of €3.05M, the Return of Investment of the OC-Tech project will be 2.39.

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The information about "OC-TECH" are provided by the European Opendata Portal: CORDIS opendata.

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