Business Insights Curated From The Maritime & Logistics Ecosystem – Maritime Weekly 22 Dec 2017



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Maritime Weekly
Business insights for maritime and logistics executives.

22 December 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 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 18,000 senior executives and officials from the global maritime and logistics ecosystem benefit from the insights shared by Maritime Weekly. Key news items for each industry sector, are available at our website www.maritime-weekly.com

Reach out to over 18,000 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

Trade Lanes - Chinese exports growth has hit a 9 month high; Maersk sees falling shipping rates in 2018; CMA CGM would refund customers fully, for loss and damage in transit

Maritime Infrastructure - World’s largest automated container terminal- Shanghai Yangshan Deepwater Port opened to traffic; The new Canadian port terminal in Quebec would compete with US ports; India’s port volumes are expected to grow four times by 2025

Multimodal Connectivity - Russia is offering discount for internet booked rail cargo; India has proposed USD 1 Bln for connectivity projects with ASEAN; Transportation via inland shipping grows by 154% in Vietnam

Shipbuilding and Ship Repair - China leads South Korea in shipbuilding; India’s first locally built submarine joined the Navy; Keppel shipyard won orders for offshore platforms for USD 96 Mln;

Maritime Exhibitions, Conference and Conversations - The recently concluded Maritime Nation India 2017 tradeshow included 15 conferences with 80 speakers, 50 exhibitors and 3500 visitors, proactive participation by industry associations, a round table of supply chain leaders and launch of a start-up incubator for the logistics technology sector. Building on the overwhelming response of Maritime Nation India September 2017, the 3rd edition of Maritime Nation India is being held at the same venue from 20th to 22nd September 2018.

Having received formal endorsement letters from the minister of road transportation, highways, shipping and ports earlier , this week we are privileged to announce that Maritime Nation India 2018 has received a formal letter of endorsement from Dr Malini Shankar, Director General of Shipping, Government of India. Her letter of endorsement is available on our website.

This week we are very happy to welcome Indian Private Ports & Terminals Association ( IPPTA) on board as a partner for Maritime Nation India 2018 and also announce the launch of the updated website of Apex Group, the knowledge partner of Maritime Nation India. Readers are invited to visit the website and share their feedback.

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

Reach out to over 18,000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

Maritime Capital - A South Korean firm would invest in Iran’s Caspian port; Foxcon plans to invest USD 925 Mln in India’s JNPT SEZ; Sri Lanka has handed over Hambantota port to China Merchants Port Holdings

People and Technology - Shipping giants back data standards to deter cyber attacks; IBM Japan and MOL are starting a Blockchain initiative for cross border trade; Opinion- Augmented Reality could be the next big thing in logistics

Leisure and Cruise - India plans to connect ASEAN countries through cruise tourism; Dubai is on target to welcome 1 Million cruise tourists by 2020; Ecoship plans to be the most eco-friendly cruise ship on the seas

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


Global Maritime Trade

Chinese export growth hits 9 month high



REUTERS, 8 December, 4 minutes read


Exports in November 2017 rose to 12.3% year-on-year which is the fastest in 9 months, attributed to strong sales of electronics and high-tech goods. China posted a trade surplus of 40.21 billion USD against the expected 35 billion USD in this month. Read More

Maersk sees falling shipping rates in 2018


Hellenic Shipping News, 12 December, 3 minutes read


Maersk line says international freight rates would be falling after rising in 2017. Over 90 percent of world-trade is transported through ships and. the shipping rates are largely dependent on the supply-demand balance which continues to remain fragile.
Read More

CMA CGM to refund customers fully for loss and damage in transit

The Hindu BusinessLine, 15 December, 3 minutes read

French shipping line CMA-CGM, one the world’s biggest container carriers would compensate its customers for unforeseen events during freight transportation. Customers shipping cargo through CMA CGM would be supported through various value-added products, designed to meet customers’ expectations and needs.Read More

Maritime Infrastructure

World’s largest automated container terminal- Shanghai Yangshan Deepwater Port opens


Straitstimes, 11 December, 3 minutes read


The operations of the automated container terminal, the Shanghai Yangshan Deep Water Port would increase the port's handling efficiency and reduce carbon emissions by 10%. Equipment related to loading-unloading, bridge crane, rail-mounted gantry crane and guided vehicle (AGV), are designed and manufactured in China. Read More

New Canadian port terminal to compete with US ports

AJOT, 13 December, 3 minutes read
The Quebec Port Authority would build a container terminal to boost its role in the Great Lakes/St. Lawrence corridor. The proposal comprises development of a 610-metre extended wharf line, a 17-hectare area behind the wharf with links to rail and road networks. With all the strategic advantages, Quebec and Eastern Canada could compete with U.S. ports and make the Port a gateway of Europe to trade in North America. Read More

India’s port volumes expected to grow four times by 2025

SPLASH24/7, 14 December, 2 minutes read
India’s total containerised cargo capacity, 8.75 teu at its 12 major ports, is projected to grow four times in 8 years. Indian ports are rapidly growing traffic due to development of infrastructure and an increased use of containers, as the mode of freight transportation across the country. Read More



Reach out to over 18,000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

Port Connectivity

Russia offering discount for internet booked rail cargo
JOC.com, 11 December, 3 minutes read

Shippers would get a discount up to 50% of the tariff by placing orders through the internet platform, which is expected to improve transparency and simplify compliances for rail container cargo transportation.Read More

India proposed USD 1 Bln connectivity project with ASEAN


The Economic Times, 11 December, 2 minutes read

India’s proposal aims to promote sea, air and road connectivity projects with ASEAN which includes physical and digital connectivity. Connectivity projects of the India-Myanmar-Thailand Trilateral Highway (TH), extension of TH to Cambodia, Laos and Vietnam, are also being planned. Read More

Transportation via inland shipping grows by 154% in Vietnam


Vietnam News, 14 December, 2 minutes read


Shipping volume through the coastal route rose rapidly in the first 10 months of this year. The increase of 154% works out to 21 million tonnes of cargo, compared to the same period last year. During the period, 23,000 river-sea compatible ships operated which is 163%, year-on-year growth
Read More


Shipbuilding and Ship Repair

China leads South Korea in shipbuilding



Hellenic Shipping News, 13 December, 3 minutes read

Chinese shipyards are performing well this year. From January to November-2017, China’s total shipbuilding order volume was 7.13 million Compensated Gross Tons(CGT) from 324 vessels, followed by South Korea, which received 5.74 CGT. It is the first time in the past seven years that China has lead South Korea in shipbuilding orders. Read More

India’s first locally built submarine joins the Navy

Sputniknews, 13 December, 3 minutes read

The INS Kalvari is a diesel-electric attack submarine, built for the Indian Navy by the Mazagon Dock Shipbuilders with the technical support of French naval shipbuilding Naval Group. It is the first of six submarines, which represents a significant success for the "Make in India" initiative. Read More

Keppel shipyard wins orders for offshore platforms for USD 130 Mln



The Straitstimes, 12 December, 3 minutes read

Keppel Offshore & Marine (O&M) have won contracts worth about 130 million USD for work on production units to extract oil and gas from offshore fields. This includes Keppel O&M’s wholly owned BrasFELS shipyard in Brazil, which has secured hull carry-over work for a floating production, storage and offloading vessel of energy giant Petrobras. Read More

Maritime Exhibitions, Conferences and Conversations

EXIM Bank of India organised a session for exporters highlighting the initiative taken by the bank trough EXIM MITRA at the venue of Maritime Nation India 2017.

For more images from the conferences and exhibition


Maritime Nation India 2017 and the Maritime Nation India Awards 2017 included 15 conferences. with 80 speakers, 50 exhibitors and 3500 visitors, proactive participation by industry associations, charity dinner for seafarers, a round table of supply chain leaders and launch of a start-up incubator for the logistics technology sector.

Taking forward the overwhelming response of Maritime Nation India September 2017, the 3 rd edition of Maritime Nation India is being held at the same venue from the 20th to 22nd September 2018. This 3-day international exhibition and conference would provide a unique global platform for exhibitors and participants to demonstrate their expertise and explore business opportunities in the Indian Maritime Sector and is already receiving enquiries. Ref https://maritime-world.com/mni2018/

Having received formal endorsement letters from the minister of road transportation, highways, shipping and ports, this week we are privileged to announce that Maritime Nation India 2018 has received a formal letter of endorsement from Dr Malini Shankar, Director General of Shipping, Government of India. Her comments that …” industry professionals are organising this “and ...’ am confident that this event will significantly contribute in rebuilding India as a maritime nation and contributing to global trade” inspires us to strive even harder to make the 3 rd edition an even bigger success. Her letter of endorsement is available on our website.

This week we are very happy to welcome Indian Private Ports & Terminals Association (IPPTA) on board as a partner for Maritime Nation India 2018. IPPTA is an association of private ports and terminal operators of container terminals and bulk terminals of India, formed to address the need for a strong representative body of Indian private ports and terminal operators as an industry.

This week we are also happy to announce the launch of the updated website of Apex Group, the knowledge partner of Maritime Nation India. Readers are invited to visit the website and share their feedback

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 18,000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com



Maritime Capital

South Korean firm to invest in Iran’s Caspian port


Trade Arabia, 10 December, 2 minutes read

South Korea’s JJ Consulting signed a MoU with Iran’s Ports and Maritime Organization (PMO) to make an investment of 500 million USD for the development of Noshahr port in Mazandaran Province. Read More

Foxconn plans to invest USD 925 Mln in India’s JNPT SEZ



Zee Business, 14 December, 2 minutes read


Foxconn is the world's largest contract manufacturer of electronic devices and is the largest supplier to Apple. Foxconn has five plants in Andhra Pradesh in India and, makes 15 million phones a year for Xiaomi, Nokia, Gionee and InFocus. Foxconn’s plan to set up a 200-acre plant in the SEZ of the Jawaharlal Nehru Port Trust (JNPT) near Mumbai is expected to provide employment to 40,000 people. Read More

Sri Lanka hands over Hambantota port to China Merchants Port Holdings


The Maritime standard, 14 December, 3 minutes read


Hambantota port was opened in 2010 and expanded in 2012. A formal ceremony was held to transfer of control over Hambantota port to China Merchants Port Holdings. This follows a recent deal signed to grant a 99-year lease of the port to the Chinese company. The port is strategically located close to the main shipping trade lanes between Asia and Europe. Read More

People & Technology

Shipping giants back data standards to deter cyber attacks


Port Technology, 14 December, 4 minutes read

Two associations, BIMCO and CIRM have sent a proposal to the IMO after consultations with industry leaders. Major maritime organisations, BP Shipping, Maersk Line and Emarat Maritime are working to eliminate system errors and cyber-attacks by developing a standard for correct software updates. The IMO will consider the software maintenance standard for shipping in February 2018. Read More

IBM Japan and MOL starting Blockchain initiative for cross border trade


Block Tribune, 13 December, 2 minutes read

The stakeholders while using blockchain applications, will also provide real trade transactions, wherein the documents will be digitized and shared among participants. The test would verify the effectiveness of the technology for security and time for cross-border trade transactions. Read More

Opinion-Augmented Reality could be the next big thing in logistics


Global Trade, 15 December, 5 minutes read


Augmented Reality (AR) superimposes layers of digital information in the user’s platform. These digital layers augment and enhance user’s reality, which is observable by smartphones, tablets and such devices. With its popularity, the AR market growth is forecasted to hit 120 billion USD by 2020. This momentum also focuses on business opportunities in logistics. There are applications which could benefit businesses and consumers in the logistics industry like freight handling, freight loading and warehouse planning. Read More

Leisure & Cruise

India plans to connect ASEAN countries through cruise tourism



Live Mint, 11 December, 3 minutes read

India’s shipping ministry had talks with companies from Singapore on cruise connectivity and India has already proposed a 1 billion USD-line of credit to promote ASEAN connectivity through road, air and waterways. Cruises from India could be from Mumbai or Cochin to Thailand, Philippines and Cambodia. Read More

Dubai on target to welcome 1 Million cruise tourists by 2020


Arabian Business, 14 December, 3 minutes read

Growth plans include the allocation of additional berths to handle seven mega ships and a new terminal at the Mina Rashid cruise port. Also, plans have been made to attract cruise passengers to visit the heritage and modern locations of the city.
Read More

Ecoship plans to be the most eco-friendly cruise ship


Mental Floss, 15 December, 33 minutes read

Ecoship aims to be the most eco-friendly cruise ship. Ten photovoltaic solar cells would collect solar energy for the hybrid engine with wind generators to aid energy generation. This will enable Ecoship produce 30% less carbon dioxide. The sewage operations of waste and water will be closed loops, where they are filtered and recycled. Ecoship is expected to sail in 2020. Read More


Reach out to over 18,000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

For feedback: editorial@maritime-weekly.com
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