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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.

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

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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