Business Insights from the Maritime and Logistics Ecosystem – Maritime Weekly 4 august 2017

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Maritime Weekly
Business insights for maritime and logistics executives.


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4 August 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 LNG prices are rising based on demand from Japan and India; Ocean Alliance leads in share of import gains in Asia US trade lane; 18000+TEU containers ships are expected to double market share in Asia-North. Europe Trade lane;


Maritime Infrastructure - China secures seaport in Sri Lanka moving ahead with its BRI initiative; India re-issues RFQs for Iran’s Chabahar port development: Nigerian shippers’ council are convinced that dry ports would drive exports;


Multimodal Connectivity - US- Charleston Port looking to use barges to reduce truck traffic on local highways: DP World is looking to partner with Australian companies to provide inter-modal solutions; India would unveil eight national waterways soon;


Shipbuilding - Chinese shipbuilders are moving into the high-value cruise sector, competing with European rivals; France is nationalising STX shipyard, that is building the world’s largest cruise ship; India’s Cochin shipyard is looking to build the next aircraft carrier for the Indian Navy


Maritime Nation India 2017 - This week we are privileged to announce that Maritime Nation India 2017 in association with ASCW is organizing ‘MNI CSCO ROUND TABLE 2017’; This week we are happy to share that Maritime Nation India 2017 received a letter of endorsement from The Minister of state for defence, Dr. Subhash Bhamre.


Maritime Capital - USD 550 Bln is predicted to be the shortfall in port infrastructure investment globally by 2040 ; Port of Antwerp is investing in Brazilian port Acu; India needs to invest more in road, water and airports to catch up with peers;


People and Technology - ICTSI’s Melbourne terminal becomes fully automated; Portall, a digital platform for export, import and logistics stakeholders is launched; Konecranes secures an order for cranes for Indonesia’s Kuala Tanjung Port;


Leisure and Cruise - Cruise shipbuilders are increasingly developing hybrid and electric ships; Europe’s ancient resorts are drawing cruise tourists; Singapore’s India tourists are boarding cruise ships;


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


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

Global LNG prices are rising based on demand from Japan and India
Hellenic Shipping News, 29th July, 4 mins read
Spot price of LNG in Asia continued to soar as demand increased from India and Japan, along with supply interruptions from Peru. This could lead to continued demand for LNG shipping. Supply side responses, however, are expected to keep a lid on LNG prices . Read More


Ocean Alliance leads in share of import gains in the Asia-US trade lane
JOC, 26th July, 12 mins read
The Ocean Alliance is performing better than competitors in the trade lane for Asian imports into the US. Their market share has increased from 37.5 % to 43 % in the first three months of launch compared to same period last year. The merger of Japanese shipping lines and acquisition of OOCL by COSCO, are expected to benefit their respective alliances, when the mergers take effect next year.Read More


18000+TEU containers ships expected to double market share in Asia-N. Europe Trade lane
Splash 24/7, 25th July, 5 mins read
Ultra-large container vessels could dominate the trade lane between Asia and North America in the next year and a half. The share of deployment of ultra-large vessels is expected to increase from 35 % to 61 % by the end of next year . This could impact freight rates and the number of calls made to terminals. Read More


Maritime Infrastructure

China secures seaport in Sri Lanka moving the BRI initiative forward
Forbes, 27th July, 6 mins read
China has signed the deal with Sri Lanka to acquire 70 % share of the Hambantota port for 99 years at a price of USD 1.12 Bln. The port is strategically located between Middle East and East Asia and this further strengthens China’s BRI initiative.Read More


India re-issues RFQs for Iran’s Chabahar port development
JOC, 25th July, 3 mins read
Fresh RFQs have been issued by India for the operation and maintenance of Chabahar port in Iran. The process had to be re-initiated, since an earlier tender process left only one bidder. The development of the port will help in the growth of trade between South Asia, Afghanistan, Iran and Eurasia. Read More


Nigerian shippers’ council convinced dry ports would drive exports
TVC News, 25th July, 3 mins read
The current development of inland dry ports in Nigeria is expected to increase economic activity and regional growth. Investing in the development of dry ports could also lead to economic benefits in other countries Read More



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Port Connectivity

US- Charleston Port looking to barges to reduce truck traffic on local highways
The Post and Courier, 27th July, 6 mins read
Officials of Charlestorn port in US are working to secure necessary approvals to use barges along the Wando and Cooper rivers to move cargo from the terminal to an inter-modal yard. This will help to decongest the local road traffic. Barge movement could also be used in other ports to reduce truck traffic on local highways. Read More


DP World looking to partner Australian companies to provide inter-modal solutions
Port Strategy, 26th July 3 mins read
Global port operator, DP World would expand its presence in Australia by providing their partners, inter-modal transportation solutions, including rail connectivity. Botany Intermodal, the intergated container logistics park, located in port Botany- Sydney Airport Precinct will be part of DP World Logistics Australia. Read More


India to unveil eight national waterways soon
The Hindu, 27th July, 3 mins read
There are 106 declared National Waterways (NWs) in India. Out of this, 32 can be developed for shipping and can be potentially be used for navigation. Government will soon unveil 8 NWs. Development of these would significantly contribute in economic upliftment of areas around these NWsRead More


Shipbuilding

Chinese shipbuilders move into the high-value cruise sector, competing with European rivals
Reuters, 25th July, 8 mins read
Moving up the value chain, Chinese shipbuilders are now looking to exploit opportunities in the high-end passenger ship building industry, which has been dominated by European shipbuilders. While this proceeds from a slowdown in cargo ship building, at the Chinese shipyards, cruise shipbuilding has been included as a major objective in the “Make in China 2025" program. Read More


France nationalising STX shipyard that is building the world’s largest cruise ship
USA Today, 21st July, 5 mins read.
Post the collapse of STX in South Korea, the French government has moved in swiftly to nationalise STX France, subsidiary of STX South Korea, which is building world’s largest cruise ship. The move also appears aimed to thwart Italian state-owned shipbuilder Fincantieri to take control of the company and is temporary. Read More


India’s Cochin shipyard looking to build the next aircraft carrier for the Indian Navy
Economic Times, 28th July, 4 mins read
Cochin Shipyard Limited (CSL), India’s largest public-sector shipyard is building a new dry dock and an International Ship Repair Facility (ISRF). With the completion of these projects, the state-owned company aspires to be a global ship repair hub. Further, having the expertise in building an aircraft carrier, CSL is expected to build India’s next and larger aircraft carrier. 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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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.




MNI CSCO ROUND TABLE 2017

This week we are privileged to announce that Maritime Nation India 2017 in association with ASCW is organizing ‘MNI CSCO ROUND TABLE 2017’. The Round Table of Chief Supply Chain Officers, representing global supply chains, would deliberate and recommend ways in which users and shipping lines, ports and dry port operators can work together more productively. This conversation is being held against the backdrop of rapidly evolving global supply chains including re-shoring and significant consolidation in the shipping industry.


This week we are happy to share that Maritime Nation India 2017 received a letter of endorsement from The Minister of State for Defence, Dr. Subhash Bhamre . His expectation that …“ …Maritime Nation India 2017….. will significantly contribute in projecting the opportunities of investment and collaboration among the defence related ship building, ship–repair and ship recycling ecosystem in India..”.., inspires us to continue to work towards bringing relevant stakeholders together and making the trade show a grand success.


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



Maritime Capital

Port of Antwerp investing in Brazilian port Acu
Splash 24/7, 25th July, 2 mins read
Port of Antwerp is investing in a privately held, Brazilian port do Acu to increase their business from South America. This investment is made through their subsidiary Port of Antwerp International. Majority of the cargo handled by Port Acu is oil, gas and dry bulk. Read More


USD 550 Bln predicted shortfall in port infrastructure investment globally
The Maritime Executive, 26th July, 3 mins read
Globally, port infrastructure is expected to have a shortfall of USD 550 billion of investments by 2040, as per a report. Major part of the underinvestment is contributed by US seaports. The expenditures are required to support economic growth. The government needs to step in and invest to maintain proper infrastructure. Read More


India needs to invest more in road, water and airports
The Hindu BusnessLine , 26th July, 5 mins read
India lag its peer group countries when it comes to investment in infrastructure. This has been highlighted by a report which also points rail, airports and ports remained primary sectors, where there is under-investment. Investment to GDP ratio is also very low for India, when compared to peer group countries. Hence the Indian government needs to increase investments in infrastructure.Read More



People & Technology

ICTSI’s Melbourne terminal becomes fully automated
Port News, 28th July, 10 mins read
Victoria International Container Terminal, holds the distinction of being the first fully automated container handling terminal in world. This automation will help the terminal handle growth in trade volumes. This also appears to be the way forward for other terminals, aspiring to increase efficiency, against the backdrop of increasing vessel size and shipping alliances. Read More


Portall, a digital platform for export,import and logistics stakeholders launched
The Hindu BusnessLine,24th July,5 mins read
In a major initiative taken by a private company to improve ease of doing business, JM Baxi has launched a web application that will increase efficiency of exporters, importers and other stakeholders in the logistics chain. The Indian shipping ministry through the Indian Ports Association (IPA) is also building a Port Community System ( PCS) with similar objectives. Read More


Konecranes secures an order for cranes for Indonesian port
Port Strategy, 27th July, 3 mins read
Finland’s Konecranes secured an order from Indonesia’s Kuala Tanjung Port for its Automated Rubber-Tyred Gantry cranes, related software and ship to shore cranes. Indonesian ports appear to be investing in modernisation and want to project themselves as maritime hub. Read More


Leisure & Cruise

Cruise shipbuilders increasingly developing hybrid and electric ships
Quartz, 27th July, 5 mins read
The dependence of cruise ships on fossil fuels is expected to reduce, going forward. Cruise shipbuilders are trying to replace their power source with cleaner fuel and are developing, hybrid and electric ships. The change is expected to reduce greenhouse gas emissions. Read More


Europe’s ancient resorts draw cruise tourists
BBC, 31st July, 8 mins read
European cities, that are popular cruise destinations, are attracting number of tourists, at times larger than the population of the city itself. While cruise generates incremental business for the city economy, not all city dwellers are enthused, since influx of a large number of visitors, puts pressure on the local infrastructure.Read More


Singapore’s India tourists board cruise ships
Bloomberg, 28th July, 8 mins read
Singapore continues to attract Indian tourists in large numbers, who travel there to board cruise ships, making India the largest market for them. In year 2016 Singapore saw an increase of 29 % in Indian passengers, and this shows the potential of India to continue to develop its cruise tourism infrastructure. Read More



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