Business Insights from the Maritime and Logistics Ecosystem – Maritime Weekly 25 August 2017




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Maritime Weekly
Business insights for maritime and logistics executives.

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        Email:reservations@maritime-world.com   Tel:    +91-22-41314465 / 27571430

25 Agust 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 15,000 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 growing , yet challenges like Chinese demand slowdown remain; The world’s shipping companies are getting bigger after consolidation; Indian ships are losing share of carriage of the country’s trade.

Maritime Infrastructure - Abu Dhabi Ports owned Fujairah Terminals has become operational; India’s Krishnapatnam port would commence transhipment; Turkmenistan is commencing development of a new international sea port.

Multimodal Connectivity - Turkmenistan and India are working to set up a trade corridor connecting via Iran-Oman and to the INSTC; Bangladesh is developing land ports for better connectivity and trade with India; Nigeria is commencing a USD 38 Bln rail expansion project to connect its ports and hinterland.

Shipbuilding - Korea’s big three shipbuilders are world’s top three; Austal and ASC are recommitting to Australian warship building; India’s Cochin shipyard would pursue expansion projects post IPO.

Maritime Nation India 2017 - This week Maritime Weekly is pleased to announce that The Indian Merchants Chamber (IMC) has confirmed participation in Maritime Nation India 2017, including conducting an interactive session for members.

Further, this week we are privileged to share that Maritime Nation India 2017 participated in the Golden Jubilee of The Company of Master Mariners of India (CMMI) and CMMI would also be conducting an interactive session for members at the venue of Maritime Nation India.

Maritime Capital - From Maersk’s perspective, the container shipping sector is expected to see fore M&As going forward; The Indian shipowners have received permission to acquire ships abroad and flag them at the country of convenience; China would encourage its firms to make infrastructure investment overseas.

People and Technology - IBM has signed a deal with Singapore’s PSA and PIL to pilot blockchain based supply chain network; Canadian government would fund Vancouver port’s supply chain; DNVGL trainees have developed a concept for robot reefer containers for direct seafood delivery to ports.

Leisure and Cruise - Global cruise liners are expecting growth as more Indians take to cruise; An Adriatic Port in Croatia, Dubrovnik, is looking to reduce cruise tourism; Bali’s USD 190 Mln cruise port is expected to bring in tourists.

The Maritime Weekly Editorial Board.

            Email:reservations@maritime-world.com   Tel:    +91-22-41314465 / 27571430
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Global Maritime Trade

Global trade is growing and challenges remain



CNBC, 16th August, 6 min read

After a five year slowdown, global trade is growing including recent 20 % jump in exports by South Korea. Demand in the US and the EU area remain strong. However the head winds seen by analysts include , slowing demand in China, geo-political risks relating to North Korea etc Read More

The world’s shipping companies are getting bigger



Bloomberg, 16th August, 6 min read

After the phase of massive consolidation in the shipping sector the survivor are enjoying economies of scale and increased demand. However, the excess capacity that derailed growth still exists as new entrants expand and as older vessels remain Read More

Indian ships lose share of carriage of country’s trade



The Economic Times, 11th August, 4 min read

Indian overseas trade has increased but there has been a sharp decline in the share of Indian ships in the carriage…To increase the participation of Indian ships in carrying India’s exports-imports, the govt. is taking several measures including tax free fuel for Indian vessels engaged in container trade and giving tax benefit to seafarers. Read More

Maritime Infrastructure

Abu Dhabi Ports owned Fujairah Terminals becomes operational


Khaleej Times, 19th August, 3 min read
Fujairah Terminals, owned by Abu Dhabi Ports become operational by welcoming The Dubai Alliance, the first container feeder vessel. Abu Dhabi Ports have exclusive rights to develop port infrastructure and undertake operations for containers, general cargo and cruise ships which could be beneficial for the growth of UAE’s economy. Read More

India’s Krishnapatnam port commences transhipment


Hellenic Shipping News, 17th August, 4 min read
Krishnapatnam port becomes the second port to have trans-shipment facility, catering to the ports on India’s eastern coast. This could also become an alternate gateway for the eastern coast, as earlier most of the inbound or outbound containers meant for Indian ports were trans- shipped either at Columbo or Singapore .This loss for the country’s trade, could now mitigated.Read More

Turkmenistan commences development of new international sea port


Trend News Agency, 15th August, 2 min read
A new international sea port is being constructed at the Caspian city of Turkmenbashi in Turkmenistan. This could emerge as a huge opportunity for sending cargos along the silk routes to Asian and Pacific countries further to Europe via ports of Russia, Azerbaijan and Iran. Read More


         Email:reservations@maritime-world.com   Tel:  +91-22-41314465 / 27571430


Port Connectivity

Turkmenistan and India explore trade corridor connecting via Iran-Oman


Business Line, 14th August, 2 min read
India and Turkmenistan recently discussed ways to expand and deepen bilateral trade. The discussion was to get India to join the ‘Ashgabat Agreement’ that envisages establishment of International Transport and Transit Corridor between Iran, Oman and Turkmenistan.. This would align with India’s efforts to operationalise the International North South Transport Corridor.Read More

Bangladesh developing land ports for better connectivity and trade with India



India Today, 6th August, 3 min read

A new project has been undertaken by Bangladesh govt. to improve the infrastructure of three land ports including Shaola of Sylhet district, Bhomra in Satkhira district, and Ramgarh in Khagrachar. The projects are being undertaken to improve connectivity, which will help to increase trade and commerce with India. Read More

Nigerian USD 38 Bln rail expansion project commences


Business Report, 17th August, 6 mins read
Nigeria has commenced a $38 billion railway expansion to reduce dependence on oil and help Nigerian ports to connect with each other. This would also increase cargo distribution with better rail connectivity and diversify its struggling economy.
Read More

Shipbuilding

Korea’s big three shipbuilders remain world’s top three



Business Korea, 19th August, 3 min read

Daewoo Shipbuilding & marine Engineering (82 vessels), Hyundai Heavy Industries (69 vessels ), Samsung heavy Industries (60 vessels) from Korea became the World’s top three shipbuilders . These shipbuilders were followed by Shanghai Waigaoqiao of China (51 vessels) and Imabari of Japan (30 vessels) taking the fourth and fifth position. Read More

Austal and ASC recommit to Australian warship building


Port News, 18th August, 1 min read

Austal and ASC have joined hands for building SEA5000 Future Frigates Program, which would secure the future of naval shipbuilding in Australia…The teaming arrangement would offer a compelling , low risk Australian shipbuilding solution for the defence shipbuilding program. Read More

India’s Cochin shipyard pursues expansion projects post IPO

Business Standard, 19th August, 3 min read
Cochin Shipyard is focussing on expansion and has lined up projects worth 28 Bln. The projects include a dry dock at Cochin Shipyard, to accommodate bigger vessels for building and repair and a ship repair facility in Cochin Port Trust premises which would involve setting up lift and transfer system.Read More


Maritime Nation India news

        Email:reservations@maritime-world.com   Tel:   +91-22-41314465 / 27571430
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Exhibitors

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Speakers

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Conferernces

5000+
Visitors

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 tradeshows 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 unique global platform for exhibitors and participants to explore business opportunities in the Indian Maritime and logistics Sector.

Maritime Weekly is pleased to announce that IMC has confirmed participation in Maritime Nation India 2017 and would be conducting an interactive session for members at the venue on 14th September. Dr. Lalit Kanaodia, President and Mr Raj Nair, Vice President would be present at the inaugural ceremony of Maritime Nation India 2017

This week we are privileged to share that Maritime Nation India participated in the golden jubilee of The Company of Master Mariners of India (CMMI), a professional body representing Master Mariners. The association organised an important seminar on the pertinent issues in the shipping industry. We are proud to share that CMMI would be conducting a session for their members at Maritime Nation India 2017 on the following topics :

  1. Future competencies required for Seafarers
  2. Coastal shipping challenges
  3. E-immigration for Indian Seafarers
  4. On-going projects and Business opportunities in maritime

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


Maritime Capital

Maersk sees more M&As in the container shipping sector

Port Technology, 14th August, 4 min read
From the container shipping sector’s leader Maersk Line’s perspective, the shipping sector would continue to consolidate. In the last 24 months, eight of the top 20 container shipping companies have been acquired or went bankrupt. Read More

Indian shipowners permitted to acquire ships abroad and flag them

Deccan Chronicle, 14th August, 2 min read
The government has taken a step to strengthen the shipping sector, Indian shipowners would be permitted to acquire vessels from abroad, get access to cheaper funds and save cost on setting up subsidiaries. The govt. also exempted custom duties on bunker fuels used in Indian vessels for transportation of containers between two or more ports in India. Read More

China to encourage firms to make infrastructure investment overseas


The Economic Times, 19th August, 3 min read
Chinese companies have increased foreign investment, since the government eased restrictions. The policy move appears aimed at developing improved connectivity and co-operation between China and rest of Asia is enhanced through a network of land and maritime routes. Read More

People & Technology

IBM signs deal with Singapore’s PSA and PIL to pilot blockchain based supply chain network


The Coin Telegraph, 16th August, 2 min read

The block chain based solution, developed by IBM, aims to improve the security, efficiency and transparency of regional supply chain business networks. The three companies involved also seek to create trade finance solutions, that can facilitate faster approval and prevent fraud Read More

Canadian government to fund Vancouver port’s supply chain visibility project



Progressive Railroading, 18th August, 2 min read

The Government of Canada announced a federal contribution of $250,000 to the Vancouver Fraser Port Authority (VFPA). This will assess real time information on the supply chain performance of rail cargo at the Port of Vancouver. This will also provide information to VFPA to further develop trade movements with Asia via rail Read More

DNVGL trainees develop a concept for robot reefer containers for seafood delivery to ports


Port Technology, 17th August, 3 min read
Maritime class body DNVGL trainees have come up with automated vessels carrying reefer containers. These will overcome the costs and defensible issues currently being faced by the fishing industry. These reefer containers either position themselves for pick up by designated container ships or sail directly to nearby ports. Read More

Leisure & Cruise

Global cruise liners expect growth as more Indians take to cruise


Economic Times, 18th August, 4 mins read
The demand for cruise tourism from Indian travellers have increased. Cruise companies witnessed a remarkable growth in their business. To popularize it ever more, India is looking forward to expanding cruise tourism. The government is targeting a ten times increase in cruise liner traffic to India to 700 vessels a year. It is planning to get more domestic sailing hubs. Read More

Adriatic Port in Croatia, Dubrovnik, looking to decrease cruise tourism



Travel Wires, 18th August, 2 min read

Dubrovnik is taking steps to ensure that the number of cruise visitors is cut in half to cope up with tourists. This is being done to avoid cruise ship traffic and out of season visitors resulting in tourism related congestion. The authorities have already denied entrance into the port for more than 40 cruise ships. Read More

Bali’s USD 190 Mln cruise port expected to drive tourists


Traveller, 17th August, 3 min read
Bali is working towards a cruise terminal and marina development to attract more tourists to Indonesia. The project plan will allow to expand the dock to accommodate three cruise ships at a time. This is expected to draw an extra 20 million visitor every year.Read More


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