Insights from the Maritime & Logistics Ecosystem-Maritime & Logistics Weekly-Week#15




13 April 2018


Dear {{Name}}
Greetings from Maritime & Logistics Weekly, a newsletter published by Apex Group for the global maritime and logistics ecosystem.

Our editorial board comprising reputed maritime, logistics, and media leaders curates key maritime news and analysis across the seven segments of maritime and logistics ecosystem, once a week to support you in making informed decisions in the week ahead.

Over 15,000 senior executives and officials from the global maritime and logistics ecosystem benefit from the insights shared by Maritime & Logistics Weekly. Key news items for each industry sector, are available at our website www.maritime-weekly.com

Reach out to over 15,000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

           
           

What is topical this week

Global Trade & Logistics – The US and South Korea have agreed in principle on free trade. Saudi Arabia has commenced operations on a maritime trade lane to Iraq. A Europe-Ireland trade lane could bypass Britain post-Brexit.

Maritime & Logistics Infrastructure – Russia plans a new Arctic port to bypass Baltic States and Ukraine. India’s Cochin Port has reported profits after 10 years. US, India, Japan will work together to improve maritime infrastructure and connectivity.

Multi-Modal Connectivity – Russia, India and Iran will pursue the operationalisation of multi-modal transport corridor. The pilot run of an India-Bangladesh Container Train was flagged off successfully. India expresses intent to upgrade road and rail connectivity with Nepal.

Shipbuilding, Ship Repair & Recycling – South Korea will underwrite 200 ship orders and privatise Daewoo Shipbuilding to support the maritime industry. India’s Kolkata port will collaborate with Cochin Shipyard to set up repair facilities. Huntington-KBR formed a Joint Venture to set up shipbuilding college for the Australian government.

Maritime & Logistics Conversations

Dear Reader,
In pursuance of requests from several readers, we are expanding the coverage of the newsletter to include insights from the Maritime & Logistics sector, including those from the world of Special Economic Zones (SEZ). We are happy to bring to you insights from these sectors. You may notice that we have also updated the logo to reflect the expanded coverage.
Happy reading!

Readers interested in exploring opportunities for collaboration and marketing exposure are invited to connect connect@maritime-world.com

Reach out to over 15,000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

Maritime & Logistics Investments – India will invest over USD 14 Bln in developing inland waterways. An Ukrainian Grain Trader will invest in a river port in Egypt. India’s Adani Group opened expansion of Odisha’s Dhamra Port.

Free Zone & Logistics World – Egypt is looking to set up a new economic zone in South Sinai region. China plans to set up a new type of Free Trade Zone in Hainan. A Freeport status for Teesport, UK could mitigate the impact of Brexit on the chemicals hub.

Automation & Training – Norwegian maritime groups formed a JV for the world’s first autonomous vessel operations. Russia will develop autonomous ships for the Arctic trade lane. Logistics and Tax filing businesses expect significant growth as India operationalises e-Way bills.

Have a great week ahead!
The Maritime & Logistics Weekly Editorial Board


Global Trade & Logistics





US and South Korea arrive at in-principle trade agreement



Global Trade. 6 April. 8 minute read

The US and South Korea have agreed in principle on the general amendments and modification terms of the U.S.-Republic of Korea Free Trade Agreement (KORUS FTA). The two countries have also agreed on terms to exempt South Korea from steel imports tariffs introduced by Section 232 of the Trade Expansion Act of 1962 under the proclamation that was signed by President Trump recently which was to take effect on May 1
Read More



Saudi Arabia commences operations in trade lane with Iraq


Iraqi News. 3 April. 4 minute read
Saudi Arabia has opened a maritime route with Iraq’s Um Kasr port to boost trade between the two countries, a move that signals improvement in relations between the governments of Saudi Arabia and Iraq. The move also includes plans to use Dammam Port as a logistic terminal for ships using that direct maritime route.
Read More



The Europe-Ireland trade lane could bypass Britain post Brexit


The Sun. 7 April. 4 minute read
There is a growing sense of unease among the UK’s businesses over recent initiatives taken by EU’s shipping companies that bypass Britain. CLdN, a Luxembourg-based shipping company, is introducing two mega vessels running from Zeebrugge and Rotterdam to Dublin. And Irish Continental Group will boost its weekly capacity from 120 to 1,155 trucks between Dublin and the French port of Cherbourg coming summer. Read More

Maritime & Logistics Infrastructure



Russia plans new Arctic port to bypass Baltics and Ukraine


The Jamestown Foundation. 3 April. 10 minute read
Russia’s development of the new ice-free port on the Kola Peninsula will allow it to export coal by bypassing Ukraine and the Baltic States. This will deprive Ukraine and the Baltic States of lucrative transit fees, putting them in a difficult spot economically and geopolitically.
Read More


India’s Cochin Port reported profits after 10 years

Economic Times. 5 April. 4 minute read
Cochin Port Trust (CPT) has posted profits after a gap of ten years with notable uptick in the cargo throughput, particularly the petroleum oil and lubricants (POL) cargo that grew 18% year-on-year. The container traffic increased 13% to reach 0. 56 million TEUs and the total cargo handled increased 16.5% to 29.14 million tonnes.
Read More


US, India, Japan to work on improving maritime infrastructure and connectivity

Times Of India. 5 April. 5 minute read
Senior officials of the US, Japan and India met for trilateral talks held to formulate practical steps for improving infrastructure, connectivity, maritime security, maritime domain awareness and HADR (Humanitarian Assistance and Disaster Relief) and other key areas. The trilateral forum affirmed the growing concern about maintaining freedom of maritime movement in the western Pacific Ocean and laid stress on the importance of keeping sea lanes open.
Read More



Reach out to over 15,000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

Multi-Modal Connectivity



Russia, India, Iran pursue operationalisation of multi-modal transport corridor


Governance Now. 6 April. 5 minute read
International North South Transport Corridor (INSTC) – a multimodal project led by India, Iran and Russia – is ready to commence operations in June. INSTC will reduce cargo transport time from India to Russia by about 16-17 days from the 50 days that it takes currently through the Rotterdam port.
Read More



Pilot run of India Bangladesh Container Train successful


The Hindu BusinessLine. 3 April. 5 minute read
A pilot container train carrying 1,200 tonne of de-oiled cakes was flagged off from Kolkata to reach Bangabandhu West station, 117 km from Dhaka. This significant event marked a promising step towards creating efficient logistics solutions that can serve the growing trade volume between the two countries.
Read More



India to upgrade road and rail connectivity with Nepal


NZ Herald. 7 April. 3 minute read
India has affirmed its aim to upgrade road and rail connectivity with Nepal as well as develop inland waterways to provide sea connectivity to Nepal, beginning with a new rail link connecting Kathmandu with India. Nepal is keen to expand the scope of economic engagement and bilateral trade with India.
Read More

Shipbuilding, Ship Repair & Recycling



South Korea to underwrite 200 ship orders and privatise Daewoo Shipbuilding to support the industry


Maritime Executive. 6 April. 4 minute read
South Korea’s Ministry of Oceans and Fisheries plans to underwrite 200 ship orders to help the maritime industry bounce back from a protracted period of slump, which followed the bankruptcy of Hanjin Shipping. Coming July, the state-owned Korea Ocean Business Corporation will start to issue guarantees and make investments to support the industry.
Read More



India’s Kolkata port to collaborate with Cochin Shipyard to set up repair facilities


The Statesman. 3 April. 3 minute read
The Kolkata Port Trust has joined hands with Cochin Shipyard to repair two dry docks at Netaji Subhas Dock, Kolkata port and to state up a ship repair facility on the Eastern Coast. The facility, which will also help in generating jobs, will be made operational within one year.
Read More



Huntington-KBR in Joint Venture to set up shipbuilding college for Australian Government



Govconwire. 5 April. 5 minute read
A joint venture of Huntington Ingalls Industries and KBR business units will oversee the establishment of a naval shipbuilding institute in Australia to support the country’s shipbuilding industry. The JV will work with the Australian defence department and the academia to advance the work of the Naval Shipbuilding College.
Read More

Maritime and Logistics Conversations

Dear Reader,
In pursuance of requests from several readers, we are expanding the coverage of the newsletter to include insights from the Maritime & Logistics sector, including those from the world of Special Economic Zones (SEZ). We are happy to bring to you insights from these sectors. You may notice that we have also updated the logo to reflect the expanded coverage.
Happy reading!

Readers interested in exploring opportunities for collaboration and marketing exposure are invited to connect with the tradeshow team connect@maritime-world.com

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

Reach out to over 15,000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com


Maritime & Logistics Investments



India to invest over USD 14 Bln in developing inland waterways



New Indian Express. 6 April, 3 minute read
The government will put in over USD 14 Bln with aid from World Bank in the development of inland waterways over the next 3-5 years. The mission includes a major project on the Ganges, termed as NW-1, which will be made navigable with 3m, 2.5m and 2.2 m drafts so that 1500-2,000 ton ships can move through the year.
Read More





Ukrainian Grain Trader looking to invest in a river port in Egypt


UKR Agro Consult, 6 April, 2 minute read
Ukrainian grain trader Nebulon is looking to invest in the Egyptian river transport system at Damietta Port. A Nebulon delegation recently visited the port to study the potential of grain transport and storage on the banks of the Nile River in coordination with Egypt’s River Transport Authority.
Read More





India’s Adani Group opens Dhamra Port Phase II expansion



Ship Technology, 10 April, 5 minute read

Adani Ports and Special Economic Zone (APSEZ), an Adani Group concern, has opened the Phase II expansion of Odisha’s Dhamra Port. The expansion will increase the port’s annual cargo handling capacity from 25 million tonnes to over 100 million tonnes.
Read More


Free Zone & Logistics World





Egypt is looking to set up a new economic zone in South Sinai region


Forbes Middle East, 3 April, 5 minute read

Egypt plans to develop a new economic free zone in Nuweiba, South Sinai, as part of its plans to develop Sinai’s trade and industry infrastructure and accelerate the region’s economic growth. Projects set up in the new zone will get a three-year 50% tax exemption among other investment incentives.
Read More





China is looking to set up a new type of Free Trade Zone in Hainan



SupChina. 3 April, 8 minute read

China plans to develop a new kind of free-trade port at Hainan which could have a more liberal market access policy and overall enjoy greater freedom in terms of policy implementation. The Hainan island province has traditionally been a zone for economic experimentation, where bold initiatives could be easily contained if things go wrong.
Read More





Freeport status for Teesport, UK could mitigate impact of Brexit on the chemicals hub


ICIS News. 5 April. 10 minute read

A free economic zone status for the main Teesside port could help provide the chemical industry some buffer if any extra tariffs are imposed in the wake of Brexit. The Teesside port’s deep water accessibility and a well-connected land transport system make it a preferred choice for the special status.
Read More

Automation & Training





Norwegian maritime groups form JV for the world’s first autonomous vessel operations


Splash 247, 4 April, 3 minute read

Norwegian maritime groups Kongsberg and Wilhelmsen will jointly establish Massterly, a JV that will offer complete development and operations facilities to autonomous ships. Facilities include design and development, to logistics services and vessel operations.
Read More





Russia to develop autonomous ships for the Arctic trade lane


Barents Observer, 5 April, 5 minute read

Russia’s autonomous ships moving in convoys and following nuclear-powered icebreakers will greatly enhance the efficiency of shipping along the Arctic trade lane. This initiative will open new vistas for how future shipping in icy waters can be made safer and more cost-effective.
Read More





Logistics and Tax filing businesses expect significant growth as India operationalises e-Way bills


Economic Times, 5 April, 6 minute read

The nationwide rollout of eWay bills restarted in April is set to provide massive gains to tech-enabled logistics and tax filing start-ups. Cleartax, one of India’s largest tax filing platform, is generating 1,00,000 eWay bills a day and Rivigo has received about 1,10,000 registrations on its app-based platform.
Read More


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