Maritime & Logistics Weekly – Week # 33. Saudi Arabia resuming oil exports through Red Sea route. India to develop transshipment terminal. IBM Maersk Blockchain. And more insights




Greetings from Maritime & Logistics Weekly, a newsletter published by Apex Group for the global maritime and logistics ecosystem. What is topical this week...

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17 August 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 the maritime and logistics ecosystem, once a week to support you in making informed decisions in the week ahead.

Over 12000 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

What is topical this week

Global Trade & Logistics - After the adoption of appropriate procedures by the coalition, Saudi Arabia would resume Oil exports through the Red Sea trade lane. The EU has approved Ireland’s exports to be routed through Antwerp, Zeebrugge and Rotterdam post Brexit and the global reefer volume continues its growth

Maritime & Logistics Infrastructure - India plans to invite global investors to develop infrastructure projects including a transhipment terminal in the strategic Nicobar islands. Global Port Operator ICTSI has reported higher volumes and revenues in their H1/2018 results and DP World is likely to develop another port in the Horn of Africa

Multi-modal Connectivity - Shipping lines and ports have sought permission to tranship Bangladesh-cargo from Indian ports. The Spanish port Valencia is looking to develop hinterland connectivity and, Rail connectivity between India’s North East and Bangladesh is progressing

Shipbuilding, Ship Repair & Recycling - Korean shipbuilders have secured orders for 30 LNG tankers in 2018. India’s Garden Reach Shipbuilders & Engineering (GRSE) is looking to export warships and Keppel Shipyard has pulled out of their Azerbaijan yard JV

Maritime & Logistics Conversations

We are happy to share the link to an insightful perspective from Maritime & Logistics Weekly publisher Subhasis Ghosh on China's Belt and Road Initiative (BRI) and how it can help industry stakeholders re-learn the effectiveness of the Port-Park-City (PPC) model .

Maritime & Logistics Weekly now has over 10,000 followers on LinkedIn, Facebook, and Twitter. We post weekly updates on social media which are generating good conversations. We invite you to join the conversations and share the updates with your colleagues and peers.

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

Maritime & Logistics Investments - UAE's DP World is acquiring Danish Unifeeder Group. Turkey’s Yilport has received a positive evaluation for its investment in Taranto Port of Italy and Canada Pension Plan (CPPIB) and ESR are partnering to invest USD 500 Mln in South Korean Logistics

Free Zone & Logistics World - Iran and Azerbaijan are looking to set up joint Economic Development Headquarters. India’s Maharashtra state has allocated land for defence special economic zone in Nagpur and Pakistan has operationalised three SEZs

Automation & Training - Maersk and IBM are now live with TradeLens-the global blockchain trade platform. Crimson Logic is set for growth as PSA International has taken a majority stake and The Indian exporters will benefit from an app with information on global trade

Have a great week ahead!
Editor


Global Trade & Logistics





Saudi Arabia to resume Oil exports through the Red Sea trade lane



CNBC. 4 August. 4 minute read.

Saudi Arabia which had halted oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb due to attacks on 2 large oil tankers by Iran-aligned Houthi movement of Yemen, has agreed to resume movement after procedures being adopted by the coalition .
Read More



Ireland’s exports to be routed through Antwerp, Zeebrugge and Rotterdam post Brexit.


Politico. 5 August. 18 minute read.
The European Commission has adopted a proposal to re-route one of its strategic transport corridors connecting Dublin and Cork with the Belgian ports of Zeebrugge and Antwerp and the Dutch Port of Rotterdam to pursue trade directly from Ireland to the European mainland after Brexit.
Read More



Global reefer volume continues growth


Maritime Logistics Professional. 8 August. 7 minute read.
Supported by the strong growth in banana, meat and fish trades, global reefer volumes grew 5 % to 124 Million tonnes in 2017, which is a significant improvement over 3.6%, being the growth trend over the last 10 years. Read More

Maritime & Logistics Infrastructure



India to invite global investors to develop infrastructure projects including a transhipment terminal


Live Mint. 7 August. 15 minute read.
India is looking to invite global investors to develop infrastructure in the Andaman & Nicobar islands. Projects proposed to be developed include a transhipment port at Campell Bay in Great Nicobar island, which is 90 Kms away from Malacca straight
Read More


Global Port Operator ICTSI H1/2018 results report higher volumes and revenues

Manila Standard. 9 August. 4 minute read.
Manila headquartered port operator ICTSI results for H1/2018 indicate higher volumes buoyed by emerging markets and lower profits , considering higher costs from its new terminals in Papua New Guinea and Australia. There has also been a non-recurring gain due the termination of their sub-concession agreement in Nigeria..
Read More


DP World may develop another port in the Horn of Africa

SomTribune. 7 August. 12 minute read.
Puntland is situated on the tip of the Horn of Africa and it declared autonomy in 1998 and subsequently severed ties with Somalia's federal administration in August 2013. Its government is likely to award a concession to DP World to develop the port of Bosaso,
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



Shipping lines and ports seek permission to tranship Bangladesh-cargo from Indian ports


Business Line. 6 August. 9 minute read.
The present Bangladesh India coastal shipping agreement covers only origin-destination cargo between the two neighbouring countries. Representatives of shipping lines and port operators are now seeking a change in the bilateral coastal shipping agreement to permit transshipment of Bangladesh cargo to onward destinations, from Indian ports.
Read More



Spanish port Valencia looking to develop hinterland connectivity


Port Today. 9 August. 12 minute read.
Port of Valencia has awarded a contract to draft the Intermodal Development Plan and is looking to expand its hinterland and attract cargo from beyond its area of direct influence. The plan will also include defining areas of interest for the three ports Valencia, Sagunto and Gandia and the requirements for establishing necessary infrastructure in the areas of cargo concentration along the main rail corridors.
Read More



Rail connectivity between India’s North East and Bangladesh progressing


Financial Express. 7 August. 4 minute read.
While project work had already commenced on the 45-km-long rail link between Agartala in India’s Tripura state and Akhaura, a sub-district of Chittagong in Bangladesh, a new railway line, connecting Tripura with Bangladesh is also expected to be laid soon.
Read More

Shipbuilding, Ship Repair & Recycling



Korean shipbuilders secure orders for 30 LNG tankers in 2018


Hellenic Shipping News. 8 August. 9 minute read.
According to a shipbuilding industry analysis organisation, Korean shipbuilders have won over those of China, Japan, and other competitors, leveraging their accumulated experience, technology and price competitiveness to secure orders for all 30 LNG tankers this year.
Read More



India’s Garden Reach Shipbuilders & Engineering ( GRSE) looking to export warships


DNA. 9 August. 12 minute read.
GRSE was the Ist Indian defence shipbuilder to have exported a warship to Mauritius and is now building its capabilities in building the latest vessels , having received enquiries from SE Asia, West Asia and South America.
Read More



Keppel Shipyard pulls out of Azerbaijan yard JV



Seatrade Maritime News. 10 August. 8 minute read.
Keppel has terminated the management and operating contracts with the joint venture yard in Azerbaijan, while Keppel Offshore & Marine (KOM) would retain an 8.5% stake in the joint venture. The pull out followed the successful development, start-up and the initial operational phases of Baku Shipyard, considering the updated operational requirements based on current business conditions.
Read More

Maritime and Logistics Conversations

Read an insightful perspective from Maritime & Logistics Weekly publisher Subhasis Ghosh on China's Belt and Road Initiative (BRI) and how it can help industry stakeholders re-learn the effectiveness of the Port-Park-City (PPC) model . The column is based on Mr Ghosh's conversations with industry leaders and his own objective assessment of the initiative from the infrastructure developmengt standpoint.
Read more

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.

Interact with us. Choose your platform!

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



UAE's DP World acquires Danish Unifeeder Group



Reuters. 7 August. 2 minute read.
Global port operator DP World acquired 100% of the Danish group for USD 764 Mln. Unifeeders short sea network and capabilities, would enable provide the terminal operator a more integrated value proposition to cargo owners.
Read More





Turkey’s Yilport receives positive evaluation for its investment in Taranto Port of Italy


Port Strategy. 6 August. 7 minute read.
Yilport is looking to invest in and manage all cargo operations at the port ie its container, bulk and ro-ro terminals. It also plans to expand the annual handling capacity of the container terminal from 2m TEUs to 4m TEUs through investments over the next 10 years. Port of Taranto is a part of the Italian port system in the Mediterranean
Read More





Canada Pension Plan (CPPIB) and ESR partnering to invest USD 500 Mln in Korean Logistics



Benefits Canada. 8 August. 5 minute read.

CPPIB is partnering with ESR , pan-Asian logistics specialist and its Seoul-based subsidiary Kendall Square Asset Management for investment, where Kendall Square will identify and manage grade-A facilities in key locations in Korea. The investment vehicle will create a portfolio of such facilities.
Read More


Free Zone & Logistics World





Iran and Azerbaijan looking to set up joint Economic Development Headquarters


Azerews. 5 August. 5 minute read.

The plan to establish the Iran-Azerbaijan Economic Development Headquarters are along the lines of the one formed between Iran and Iraq. Leveraging this development, Azerbaijan could act as a terminal to transfer Iranian goods to other countries and support the International North South Transport Corridor( INSTC) connecting Russian cargo to the Indian rail network.
Read More





India’s Maharashtra allocates land for defence special economic zone in Nagpur



The Free Press Journal. 11 August. 3 minute read.

The state has allocated 20 acres of land in the multi-modal hub at Nagpur for setting up of a defence manufacturing cluster. The factory being set up is expected to generate 50,000 jobs .
Read More





Pakistan operationalises Three SEZs


Dunyanews. 10 August. 5 minute read.

Special Economic Zones in Faisalabad, Haripur (Hattar) and Karachi have become operational for production for last three months. It is planned that 3 more SEZs would be established in Punjab, Sindh and Khyber Pakhtunkhwa and a development and a management company - National Industrial Parks (NIP) -would develop the planned Special Economic Zone (SEZ) in Islamabad.
Read More

Automation & Training





Maersk and IBM go live with TradeLens-a global blockchain trade platform


Global Trade Review. 9 August. 16 minute read.

After a 12-month trial phase with over 154 million shipping events captured on the blockchain, the early adopter programme is now live. The partnership model has been revised after industry players had expressed concerns over “too much Maersk control”. TradeLens is expected to become fully commercially available by the end of 2018. Over 92 organisations have already signed up to the initiative and these include port and terminal operators, ocean shipping lines, customs authorities, freight forwarders and logistics companies.
Read More





Crimson Logic set for growth as PSA International takes majority stake


American Journal of Transportation. 8 August. 7 minute read.

Trade facilitation platform Crimson Logic is now majority ( 70%) held by PSA International and the balance 30% by Enterprise Singapore Holdings. Leveraging the PSA global network, CrimsonLogic with its experience in facilitating trade through cross-border regulatory transactions, will provide the digital layer supporting an integrated physical-regulatory-financing logistics execution in the global supply chain.
Read More





India-exporters will benefit from an app with information on global trade


Business Standard. 8 August. 5 minute read.

The mobile app created by the Federation of Indian Export Organisations covers a wide range of goods and includes data of 87 major markets of United States, European Union, East Africa and the Association of Southeast Asian Nations. The app has information covering the policy provisions for export and import, applicable goods and services tax rate, available export incentives, tariffs and market access requirements for these markets.
Read More


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