Business Insights from the Maritime and Logistics Ecosystem – Maritime Weekly 21 April 2017

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21 April 2017

Greetings from Maritime Weekly, a newsletter published by Apex Group for Maritime World Services, a business advisory, executive search, and events management platform for the global maritime ecosystem. Our editorial board comprising reputed maritime, logistics, and media leaders curates key maritime news and analysis once a week to support you in making informed decisions in the week ahead. Over 10,000 senior executives and officials from the global maritime and logistics ecosystem benefit from the insights shared by Maritime Weekly.



What is topical this week


Trade Lanes - Global trade is expected to strengthen in 2017-2018. Chinese exports have surged in March, the economic outlook is brightening. UK-India trade pact could boost bilateral trade by 26%, post Brexit.


Maritime Infrastructure - Two US east coast ports will join forces to compete better. India’s federal ports have surpassed its private peers in cargo handling in 2016-17. Melaka Gateway-Malaysia’s new deep sea port, supported by China, could compete with Singapore’s status as a hub port.


Multimodal Connectivity - International North South Transport Corridor (INSTC) is progressing towards a reality.A New Coastal shipping service is being launched along India’s East Coast. India and France have agreed to boost bilateral cooperation in the field of ports, shipping and highways.


Shipbuilding - Indonesia is looking to collaborate with Mitsui Shipbuilding of Japan.the Indian Government has decided to dilute stakes upto 25 percent in state-owned defence companies, including in shipyards. Damen shipyards has acquired Keppel’s Verlome shipyard in port of Rotterdam.


Maritime Nation India 2017 - We are privileged to have received a ‘Letter of Endorsement’ from Mr. Ajay Sahai, Director General & Chief Executive Officer, Federation of Indian Export Organizations(FIEO), extending his support to Maritime Nation India 2017. Maritime Weekly participated in the Anniversary Celebration of All India Liquid Bulk Importers and Exporters Association (AILBIEA).


Maritime Capital - Indian conglomerates are investing in LNG terminals at Ports in the eastern and western coasts of the country. The World Bank has approved a loan for India’s first inland waterways project. India’s Kolkata Port Trust is investing USD 250 mn to compete with Dhamra port.


People and Technology - Russian and German groups are collaborating on digitisation of ports. The demand for automated ports is growing briskly, despite the slowdown in infrastructure projects. The Port of Hamburg has introduced the first fully-automatic system for monitoring reefer container at C. Steinweg multi-purpose cargo handling facility.


Leisure and Cruise - Cruise lines are now offering tours beyond the sea. Indonesian government is reducing port fees to boost cruise tourism. More Indian ports will offer cruise voyages in the coming days.


Have a great week ahead.
The Maritime Weekly Editorial Board.



Global Maritime Trade

Global trade is expected to strengthen in 2017-2018
The Maritime Executive, 14 April, 8 minutes read
As the global economy recovers and governments pursue enabling trade policies, merchandise trade volumes are expected to rebound during 2017-18. The World Trade Organisation (WTO) is predicting a 1.8-3.6 percent growth in global trade in 2017, and 2.1-4 percent growth in 2018. Achieving the growth rate would significantly depend on the global gross domestic product (GDP) expansion in line with forecasts of 2.7 per cent in 2017 and 2.8 percent in 2018. Read More


Chinese exports surge in March, economic outlook brightens
Reuters, 13 April, 6 minutes read
Chinese exports jumped 6.4 percent year-on-year to USD 180.6 billion in March, the largest jump in the last two years. It is a result of robust global demand, as concerns ease over a possible trade war with the US after the Trump administration softened, their stance. Imports into China also rose 20.3 percent year-on-year to USD 156.7 billion during the same period, and the trade surplus increased to USD 23.9 billion. Read More


UK-India trade pact could boost bilateral trade by 26%, post Brexit
The Hindu, 13 April, 5 minutes read
Post Brexit, UK-India bilateral trade could rise upto 26 percent a year under the free trade agreement (FTA) regime, according to an analysis. It is expected that the estimated growth would come mostly from a reduction on tariffs on the Indian side. The report says that Indian exports to UK could rise by as much as 12 percent, with sectors such as clothing, industrial and mechanical appliances such as turbo jets and transmission shafts seeing strong growth. Read More


Maritime Infrastructure

Two US east coast ports to join forces to compete better
Port Strategy, 13 April, 4 minutes read
The US Federal Government has approved an agreement that allows the Georgia Ports Authority (GPA) and the Virginia Port Authority (VPA) to share information to help position themselves as the leading container gateway in the east coast of US. The agreement - East Coast Gateway Terminal Agreement, would encourage the exchange of information and best practices in five areas of operational and supply chain efficiencies, safety, communications and customer service. It is expected that the agreement would enable the ports to work together to find ways to become more efficient and effective in creating jobs, economic development and improving safety. Read More


India’s major ports surpass private peers in cargo handling
Indian Express, 12 April, 4 minutes read
India’s 12 major ports have surpassed private players by handling 673.43 million tonnes of cargo in 2016-17, with an annual growth rate of 6.79 percent against 4.32 per cent in 2015-16. In comparison, the annual growth rate recorded by private ports was 4 per cent during the period. Among commodities handled, iron ore traffic picked up, attaining the highest growth rate of 163.67 percent while other miscellaneous and general cargo grew by 18.53 percent and petroleum, oil, lubricants (POL) products by 8.16 percent. The positive momentum appears due the initiatives taken by the Indian Government to enhance efficiency in major ports, benchmarking international standards. Read More


Melaka Gateway-Malaysia’s new deep sea port, supported by China, could compete with Singapore’s status as a hub port
South China Morning Post, 15 April, 10 minutes read
The construction of a new deep-sea port as part of the USD 14 billion Melaka Gateway project has been started. The project has been jointly developed by Chinese and Malaysian companies, with an aim to boost China’s ‘One Belt One Road’ initiative. The project could compete with the status of Singapore, as the world’s leading transhipment hub. The upcoming Melaka port is the latest in a string of Malaysian ports that have received Chinese investment in the past decade. Read More




Port Connectivity

International North South Transport Corridor(INSTC) is progressing towards reality
Economic Times, 10 April, 6 minutes read
The dream of International North South Transportation Corridor (INSTC) - connecting India with Russia and Europe via Iran is progressing towards becoming a reality. A dry run of container movement via the green corridor is to be conducted soon. INSTC would significantly reduce the time and cost to transport goods between India and Eurasia, and increase economic activities among India and Russia as well as markets of Europe. Read More


New Coastal shipping service being launched along India’s East Coast
WebIndia123, 10 April, 5 minutes read
Kochi-based Trans Asian Shipping Services Pvt Ltd will soon start a new fortnightly costal shipping service in India’s east coast, linking Dharamtar in Maharashtra to Kozhikode, Kochi and Kollam in Kerala. The firm would depoly M V Karuthal - a 1,600 metric tonne (MT) capacity ship, with capacity to carry 94 containers, to run between India’s minor ports, which have low depth and, hence, unsuitable for bigger ships to dock. The ship would carry tiles, steel coils and general cargo from Dharamtar to Kerala, and on the return leg the company is looking at cargo such as tyres, latex and coir products. Read More


France and India looking to collaborate on shipping, roads and ports
Economic Times, 14 April, 2 minutes read
India and France have agreed to boost bilateral cooperation in the fields of ports, shipping and highways. Both countries also agreed to work on issues of reducing carbon footprint of public transport-electric buses, LNG-fuelled barges etc, besides plans to promote investments. Read More


Shipbuilding

Indonesia looking to collaborate with Mitsui Shipbuilding of Japan
Tempo.co, 18 April, 5 minutes read
Indonesia’s Marine and Fishery Ministry has invited Japan's Mitsui Engineering & Shipbuilding to participate in the country’s shipbuilding sector to replace their two-decade-old ships. Committing to continue support to the shipbuilding infrastructure development in the country, the Indonesian government also offers a joint venture plan with its shipbuilders to build fishing vessels, including patrol ships and investigation ships. Read More


India to dilute stake in three government owned defence shipyards
SPUTNIK, 13 April, 6 minutes read
The Indian Government has decided to dilute stakes upto 25 percent in state-owned defence companies, including those into shipbuilding and guided missiles. The decision is expected to support the growth of defence manufacturing within the country and the ‘Make in India’ initiative. The Indian government has also approved the listing of four out of nine Defence shipbuilding companies on the stock market. Read More


Damen shipyards acquires Keppel’s Verlome shipyard in port of Rotterdam
Port Technology, 12 April, 3 minutes read
Damen Shipyards has acquired the Dutch shipbuilder Keppel Offshore & Marine’s Verolme shipyard in the Botlek area of the Port of Rotterdam. With the purchase, Damen Shipyards now owns four large repair yards - two in Rotterdam, one in Vlissingen and one in Amsterdam. The acquisition would improve the shipbuilder competitive offer in pursuing ship repair and conversion in the Netherlands. Read More




Maritime Nation India news


A discussion on Opportunities and Challenges of JNPT- India’s largest Container Port-as a part of Special business session at Maritime Nation India

The Maritime Nation India initiative is presented by Maritime Weekly, a member of Apex Group. It is a think tank in the making and provides business advisory, executive search services, and conducts business events for the maritime and logistics ecosystem.
The 2nd edition of Maritime Nation India is being held from 14th to 16th September 2017. The 3-day international tradeshow will provide a global platform for exhibitors and participants to explore business opportunities in the Indian Maritime Sector and we are happy to share that the Tradeshow has been receiving wide-ranging support from the industry and government. It has already received endorsement letters from India’s Minister of Shipping and Ports, Railways


We are privileged to have received a ‘Letter of Endorsement’ from Mr. Ajay Sahai, Director General & Chief Executive Officer, Federation of Indian Export Organizations (FIEO), extending his support to Maritime Nation India 2017. It is our pleasure to report that Mr. Sahai has expressed his confidence that the Global Tradeshow will significantly contribute in projecting the opportunities of investment and collaboration among the exporters, importers and the maritime & logistics ecosystem in India.


Maritime Weekly participated in the Anniversary Celebration of All India Liquid Bulk Importers and Exporters Association (AILBIEA) . Read the full report


Stay tuned to our newsletter to remain updated on key developments and events that Maritime Weekly supports.



Maritime Capital

Indian conglomerates investing in LNG terminals at Ports
Economic Times, 14 April, 5 minutes read
India’s private port majors - The Essar, Adani and JSW Groups, are investing around USD 26.5 billion in building LNG terminals at ports in the eastern and western coasts of the country. The ongoing and planned LNG terminals will be coming up at Haldia port in West Bengal, Dhamra port in Odisha, and Jaigarh port in Maharashtra. This investment is seen as extension to the port infrastructure investment and reflects an increasing demand for LNG as an alternative energy source in India. Read More


World Bank approves loan for India’s first inland waterways project
Business Line, 13 April, 4 minutes read
The World Bank has sanctioned a USD 375 million loan to the Inland Waterways Authority of India (IWAI) for developing India’s first modern inland water transport fairway. The National Waterway 1 project is to create a water transport fairway on a 1,360-km stretch of the Ganga river between Varanasi and Haldia. It is expected that the project would bring thousands of jobs in cargo logistics and transportation in India. Read More


India’s Kolkata Port Trust investing USD 250 mn to compete with Dhamra private port
IIFL, 5 April, 2 minutes read
India’s two ports - Kolkata and Haldia under the Kolkata Port Trust (KoPT), are planning to invest USD 250 million in response to the competition from Dhamra-its neighbouring port in Odisha, which has started operations of its container terminal since March 2017. The planned investment would be spanned over a period of three years towards the construction of additional berths outside the lock gates. Read More



People & Technology

Russian and German groups collaborate on digitisation of ports
Maritime Logistics Professional, 13 April, 8 minutes read
The Port of Hamburg Marketing and the Admiral Makarov State University of Shipping and Inland Waterways of St Petersburg, Russia have signed an agreement to collaborate on digitisation of ports. The signing was held at a recent seminar held on the theme ‘Digitalization in the port sector and logistics’ at St. Petersburg, which discussed about the advantages of digitalization in the port sector and logistics in sharing information and business relationships between ports in Russia and Germany. Read More


The demand for automated ports growing briskly, despite the slowdown in infrastructure projects
The China Post, 14 April, 4 minutes read
China’s Shanghai Zhenhua Heavy Industry (ZPMC), a leading port machinery manufacturer, has declared that over 50 countries and regions along the OBOR routes have installed their equipment, related to automated port. ZPMC expects the number to grow as the OBOR initiative brings synergies to more countries. This development indicates that the demand for automated ports is growing worldwide despite slowdown in international demand for shipbuilding and major infrastructure projects. Read More


Germany’s largest seaport, fully automates reefer monitoring system
Port Technology, 13 April, 4 minutes read
The Port of Hamburg has introduced the first fully-automatic system - CTAS Reefer System, in monitoring reefer container at C.Steinweg multi-purpose cargo handling facility. The system, designed by Austrian technology group Identec Solutions, is linked with C. Steinweg’s terminal operating system. The system records, notifies and processes data for factors such as temperature and humidity that are usually taken down by staff manually during cargo checks at specific intervals of between four and eight hours. The CTAS Reefer would facilitate substantial reduction of labour-intensive, manual checking and documentation input. Read More


Leisure & Cruise

Cruise lines offering tours beyond the sea
The New York Times, 7 April, 4 minutes read
Cruise companies are now offering tours encouraging cruise passengers to spend more time on the land. Royal Caribbean Cruises has launched a subsidiary, GoBe.com that can offer travellers to book day trips in 97 countries and nearly 900 cities. The cruise liner aims to triple its offering in the very first year through the website. Read More


Indonesian government reducing port fees to boost cruise tourism The Jakarta Post, 14 April, 3 minute read
The Jakarta Post, 14 April, 3 minute read
High port fees, expensive fuel and water pollution have been a problem for the growth in Indonesian Cruise sector. The Indonesian Government has promised to solve these issues through state-owned port operator PT Pelabuhan Indonesia (Pelindo) III to attract more cruise ships to Benoa Port in future. The number of cruise ships in Indonesia had decreased from 400 in 2015 to 350 calls in 2016. However, the number of passengers had increased from 200,000 in 2015 to 260,000 in 2016. Read More


More Indian ports to offer cruise voyages
Business Standard, 14 April, 2 minute read
After the successes of the maiden cruise venture at the Mumbai Port, the Indian Ministry of Shipping has decided to facilitate and streamline immigration and facilitate seamless travel to extend cruise tourism to other parts of the country. Other Indian ports like Vizag, Kolkata may be open for cruise ships in future. For enabling the growth of the sector in India, the right policy environment and infrastructure would be required. Read More



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