Insights from the Maritime & Logistics Ecosystem-Maritime & Logistics Weekly-Week#19



11 May 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.

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Reach out to over 12000 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 – In the world of global trade, major economies and corporations took important steps to solve some of the top challenges. While the US and China began trade talks over deficits and IPR, global ocean carriers looked at the break-bulk cargo trade in India for opportunities to ease overcapacity in container shipping. London’s Baltic Exchange and HK-headquartered Freightos commenced development container shipping index to improve transparency in the sector.

Maritime & Logistics Infrastructure – The infrastructure sector saw collaborative measures and new launches. Sudan and Ethiopia agreed to work together to develop Port Sudan, experts considered how private sector investment in CFS/ICDs can facilitate India-Bangladesh trade, and H Energy launched India’s first FSRU based LNG Terminal at JSW Jaigarh Port.

Multi-Modal Connectivity – Finally, we will see the Phase-I of India’s ambitious Dedicated Freight Corridor Project becoming operational in November. News from Eurasia is also encouraging. China Europe rail freight traffic through Belarus is expected to almost double by 2020. Other parts of the world also saw an uptick in business activity. Plans for a bi-Oceanic rail corridor were initiated in South America.

Shipbuilding, Ship Repair & Recycling – This segment saw a healthy growth in business activity across regions. Hyundai Heavy Shipbuilding secured a USD 400 Mln container ship order in Europe, Italy’s Grimaldi Group placed a USD 400 Mln order with Jingling Shipyard of China, and India announced plans to launch inland water vessels, where it has 13 standard designs ready for the purpose.

Maritime & Logistics Conversations

Maritime & Logistics Weekly is happy to support the Cargo Transportation Masterclass, where 21 industry experts share their perspectives for shippers , exporters, importers and transportation service providers to benefit from their experience. This practical guide to safely transport cargo globally and make money from each shipment is hosted by Dr Lina Jasutiene.

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

Reach out to over 12000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

Maritime & Logistics Investments – Investors are keen to support expansion and infrastructure development in Asia and Europe. Thailand expressed interest in investing in large infrastructure projects in Bangladesh. Malaysia is looking to invest USD 4 Bln in FPSOs and tankers over the next 5 years and the Ukrainian port infrastructure is expected to secure more investments this year.

Free Zone & Logistics World – The segments of Free Zone and Logistics saw an increased emphasis on competitiveness and collaboration. The Kenyan Parliament approved the pan-Africa Free Zones pact. Dubai Free Zones announced plans to reduce fees to become more competitive. FDI investments in Myanmar’s Thilawa Special Economic Zone crossed USD 1.37 Bln.

Automation & Training – The maritime and logistics sectors continue to report technological developments that could have a far-reaching impact. Russia launched a floating nuclear power plant. DP World and Virgin Hyperloop One announced their plan to use the Hyperloop technology to transform the cargo transportation business. An industry report looked at how automation of invoicing and payment processes could improve efficiencies and reduce cost in the global container shipping industry.

Have a great week ahead!
Subhasis Ghosh


Global Trade & Logistics





The US and China begin trade talks over deficits and IPR




Reuters. 5 May. 6 minute read.


Beijing and Washington discussed contentious trade issues with the aim to rebalance the US–China bilateral economic relationship. The issues discussed included protection of intellectual property, identifying policies that unfairly enforce technology transfers on US companies, and rising tariffs between the two countries.
Read More



London’s Baltic Exchange and Hong Kong Headquartered Freightos, developing container shipping index


Reuters. 25 April. 7 minute read.
UK’s Baltic Exchange with Freightos is developing a weekly container shipping index for container rates on 12 top container routes. Currently, the Baltic Exchange produces benchmark indexes for global shipping rates that are used by the freight derivatives market.
Read More



Amid overcapacity in container shipping, ocean carriers target break bulk cargo trade in India


JOC. 26 April. 5 minute read.
As the challenges of overcapacity and poor demand continue to trouble the container shipping industry, global carriers are looking at India’s break bulk and project cargo business for growth. In a sign that underscored this trend, a 11,600-TEU MSC Sola ship loaded a 110-ton freight item at DP World’s Nhava Sheva Gateway Terminal recently. Read More

Maritime & Logistics Infrastructure



Sudan and Ethiopia agreed to work together to develop Port Sudan


Bloomberg. 3 May. 2 minute read
Ethiopia will help Sudan in the development and management of Port Sudan. On its part, Sudan will provide all the needed facilities to ensure the flow of goods via its Red Sea ports to Ethiopia to support the latter’s export-led economy.
Read More


Private sector investment in CFS/ICDs can facilitate India-Bangladesh trade

Dhaka Tribune. 29 April. 3 minute read.
Private sector investments are crucial to the development of port infrastructure in India and Bangladesh, which will help boost trade and commerce between the two countries. Currently, the industrial sector in Bangladesh is not taking advantage of the Indian market fully, focusing instead on the western market.
Read More


H Energy launches India’s first FSRU based LNG Terminal at JSW Jaigarh Port

The Hindu. 4 May. 6 minute read.
H-Energy Gateway Private Ltd, a Hiranandani Group company, launched India’s first floating storage and re-gasification unit-based LNG terminal at Jaigarh port in Maharashtra. The terminal will commence operations by 2018-end. It will supply LNG to customers through a 60 km pipeline connected to the national gas grid.
Read More


           

Reach out to over 12000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

Multi-Modal Connectivity



Phase-I of India’s ambitious Dedicated Freight Corridor Project to be operational in November


ET. 2 May. 6 minute read.
The Phase 1 of the USD 12-Bln dedicated rail freight corridors project will likely be completed in November 2018. The first phase will see the completion of 432 km of the 1,500-km western corridor project and 343 km of the 1,800-km eastern corridor project.
Read More



China Europe rail freight traffic through Belarus, expected to almost double by 2020


Belta. 4 May. 5 minute read.
Belarus aims to increase the part of the China-Europe rail freight traffic that passes through the country to almost double the current volume by 2020. In 2017, more than 2,700 container trains travelled from China to Europe via Belarus.
Read More



Bi-Oceanic rail corridor being planned across South America


Railway Technology. 30 April. 8 minute read.
A bi-oceanic railway corridor linking the Pacific and Atlantic oceans across South America could soon become a reality. The ambitious project, once completed, will completely change South America’s trade and political landscape, putting an end to the current monopoly of maritime shipments on trade.
Read More

Shipbuilding, Ship Repair & Recycling



Hyundai Heavy Shipbuilding secures USD 400 Mln container ship order in Europe


Hellenic Shipping News. 4 May. 2 minute read.
Hyundai Heavy Industries Co. has bagged a USD 407 Mln container ship order in Europe. As per the deal, Hyundai Heavy will build and deliver four container carriers for Zodiac Group Monaco by July 2020.
Read More



Italy’s Grimaldi Group placed USD 400 Mln order with Jingling Shipyard of China


Ship Technology. 2 May. 6 minute read.
Chinese shipyard Jinling has secured a USD 400 Mln order from Italy’s Grimaldi Group to construct six Ro-Ro vessels known as Grimaldi Green 5th Generation. The Ro-Ro vessels will be able to carry rolling units equivalent to about 500 trailers.
Read More


India set to launch its inland water vessels, ready of 13 standard designs.


Hellenic Shipping News. 3 May. 2 minute read.
India is soon going to launch its first inland water vessel as part of the Jal Marg Vikas Project (JMVP) designed to augment capacity on the 1,380-km Haldia-Varanasi stretch of National Waterways-1. These vessels will be able to operate in shallow waters of 2-3 meters and will be environmentally sustainable since they will run on cleaner fuels and the latest technologies.
Read More

Maritime and Logistics Conversations

Maritime & Logistics Weekly is happy to support the Cargo Transportation Masterclass, where 21 industry experts share their perspectives for shippers , exporters, importers and transportation service providers to benefit from their experience. This practical guide to safely transport cargo globally and make money from each shipment is hosted by Dr Lina Jasutiene.

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 12000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com


Maritime & Logistics Investments


Thailand keen to invest in large infrastructure projects in Bangladesh


The Daily Star. 3 May. 10 minute read.
Thailand seeks to invest in the development of Bangladesh’s seaports, highways, airports and other large infrastructure projects. The two countries seek to increase avenues of trade growth in the areas of renewable energy, household equipment, electronics, and automobiles. Thailand exported products worth USD 1.2 Bln to Bangladesh in 2017 and imported goods worth USD 61 Mln.
Read More




MISC looking to invest USD 4 Bln in FPSOs, tankers over the next 5 years


Seatrade Maritime News. 28 April. 4 minute read.
Malaysia’s MISC will invest USD 4 Bln in capex over the next five years into its core business segments of LNG shipping, petroleum and product shipping, offshore business, and marine and heavy engineering. Its FPSO (Floating Production Storage and Offloading) and shuttle tanker businesses will be allocated USD 500 Mln for new projects and tenders.
Read More




Opinion-Ukrainian port infrastructure expected to secure more investments


Port Strategy. 30 April. 6 minute read

Ukraine’s recent institutional reforms along with the growth of agricultural exports and a favourable geographical position have positioned Ukraine as a hot spot for Europe’s port infrastructure investments. In the recent years, Ukraine has taken several significant measures to augment the modernisation of infrastructural assets considered vital to the economy.
Read More


Free Zone & Logistics World




Kenyan Parliament approves Africa Free Zones agreements


Business Daily Africa. 2 May. 6 minute read.

Kenya has become the first African country to back the pan-Africa trade pact known as African Continental Free Trade Area (AfCFTA). It also approved several similar agreements that support the vision, such as Common Markets for East and Central Africa (Comesa), East Africa Community (EAC), and Tripartite Free Trade Area (TFTA) agreements.
Read More




Dubai Free Zones may reduce fees and become more competitive


Khaleej Times. 1 May. 5 minute read.

Dubai’s two main free zones are looking to reduce fees and related costs to draw more foreign companies to the free zones. They are also working on ways to simplify several procedures for investors, taking the processes online, and removing bureaucratic hurdles.
Read More




FDI investments in Myanmar’s Thilawa Special Economic Zone crosses USD 1.37 Bln


Eleven. 5 May. 6 minute read.

Total foreign investments in Thilawa SEZ-A and B have crossed USD 1.37 Bln this fiscal year. Japan led the list of 48 investing countries followed by Singapore and South Korea. It is a big jump from FY18 when FDI in the Thilawa SEZ project amounted to about USD 328 Mln.
Read More

Automation & Training




Russia launched a floating nuclear power plant.


Barents Observer. 2 May. 7 minute read.

Akademik Lomonosov, Russia’ floating nuclear power plant, entered Norwegian waters on its way to the Arctic port of Pevek. It is designed to operate as a transportable power station that can power remote areas in Russia’s north and far east as well as to other countries interested in hiring the plant.
Read More




DP World and Virgin Hyperloop One plan cargo transportation business


The Drive. 30 April. 6 minute read.

Richard Branson’s Virgin Hyperloop along with DP World will launch a company, CargoSpeed, that will enable the shipping of palletized cargo via Hyperloop. Compared to self-driving cars, shipping freight presents a safer bet as Hyperloop technology will be able to prove that its tech is reliable without having to transport people.
Read More




Opinion-Invoicing and payment processes in container shipping could be ready for disruption


Hellenic Shipping News. 4 May. 8 minute read.

In 2017, the global container shipping industry required about 1.26 billion freight invoices to be issued, verified, and reconciled. A wider use of automated payment platforms such as PayCargo.com, payanybiz.com, Data2logistics, Veem, and others can help reduce inefficiencies and costs related to payment processes to a great degree.
Read More


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