Business Insights from the Maritime and Logistics Ecosystem – Maritime Weekly 12 February 2016

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Maritime Weekly 
Insights for Senior Maritime Executives
12 Feb 2016


Greetings from Maritime Weekly (MW).MW is a weekly newsletter published by Maritime World Services, a research, publishing, and events management platform for the global maritime ecosystem. Our editorial board comprising reputed maritime, logistics, and media leaders curates key maritime news and analyses once a week, to support you in making informed decisions in the week ahead.

What's Topical This Week

The merger of two large Chinese shipping lines to create China Cosco Group-that is also looking to consolidate its network with the acquisition of a port and rail combination in Greece, is a trend that could inspire consolidation in the industry. Speaking of trends, while there is a reduction in sea-trade as a multiple of GDP growth globally, a Clarksons report also finds potential growth in Asian consumer demand, promising.

We also found inspiration from the announcement of Ports America’s continued commitment to invest in ports ,Yildrin of Turkey investing in a port in Equador, the French plans to build 1000 kms of solar powered roadways and Hanjin expanding their shipbuilding workforce. The Indian Govt initiatives on port investment, coastal connectivity with Bangladesh and implementation of a railway track management system, appear very promising.

In the leisure section, we bring you news about the new luxury cruise ships and a potential new cruise destination.

Have a great week ahead

The Maritime Weekly Editorial Board


 

Global Maritime Trade
ship.jpgChina Cosco Shipping Merger is Expected to Kick Off Further Consolidation in Industry

Wall Street Journal, 05 Feb.  3 Minute Read
The merger of Cosco Group and China Shipping Group, is expected to change the dynamics in seaborne trade as the two groups would stop competing with each other at home and abroad. Choosing between competing alliances would need to be resolved. Read More >>


ship.jpgSea Trade’s Problems Multiplying – Ready For A Top Up?

International Shipping News, 08 Feb .  5 Minute Read
The ratio of global seaborne trade and global container trade to GDP have reduced in the recent years. According to Clarksons, the shipping industry has a huge potential to unlock with the developing world consumers . Read More>>


ship.jpgIndia-Bangladesh joint task force on coastal shipping cooperation to meet in Delhi

Economic Times , 02 Feb .  3 Minute Read
The Joint Task Force on coastal shipping cooperation would meet to would identify the Indian and Bangladeshi ports and the sea routes which are to be open for coastal shipping in ferrying goods and passenger services . Read More>>

                  
 

Maritime Infrastructure
ship.jpgCOSCO Plans European Transhipment Hub

Maritime Professional , 06 Feb .  2 Minute Read
State-owned port operator Pelindo III has allocated at least $72.4 million to revamp seven seaports in the country’s eastern region, according to Pelindo III president director Djarwo Surjanto. Read More >>


ship.jpgOakland bankruptcy won't deter Ports America investment elsewhere

JOC , 03 Feb.  3 Minute Read
Outer Harbor Terminal( Oakland), a joint venture between Ports America and Terminal Investment Ltd., a subsidiary ofMediterranean Shipping Co., has filed for Chapter 11 bankruptcy protection. This will not deter Ports America from continuing to invest in its other container terminals on both the West and East coasts. Read More>>


ship.jpgIndia: Centre has big plans to develop ports

Port News , 08 Feb 1.  3 Minute Read
The IndianGovt has laid out its plans to develop ports that would kick-start economic development. The ‘Sagar Mala’ initiative is aimed at comprehensively developing the ports situated along the coastline. The Republic of South Korea, is a partner in this initiativeRead More >>


apex.jpg                              stat


             

Port Connectivity
ship.jpgFrance Wants To Install 1,000 Km Of Solar Roadways Over The Next Five Years

The Independent , 31 Jan .  10 Minute Read
The French government has announced that it wants to pave 1,000 Km (621 miles) of road with solar panels over the next five years Read More>>


ship.jpgIndian Railways' Track Management System goesonline

ET , 04 Feb .  3 Minute Read
Web enabled Track Management System has been fully implemented in all railway divisions in the country to monitor track maintenance-related activities on a real-time basis. Indian Railways is developing modules to monitor rail temperature and bridge water level online. Read More >>

          

Ship Building
ship.jpgHanjin hiring more workers for shipbuilding projects

Hellenic Shipping News , 05Feb . 4 Minute Read
Hanjin Heavy Industries and Construction – Philippines (HHIC-Phil) plans to hire more Filipino workers for its shipbuilding facility to accommodate the growing number of orders from seafaring nations. Hanjin currently employs some 34,000 workers. Read More>>


ship.jpgWeihaiSamjin Shipbuilding restarted operations after successful restructuring

Maritime News, 27 Jan .  4 Minute Read
The company was acquired by the investor Xiaoke Holdings, which successfully completed 16-month restructuring process in December 2015. Read More >>



Maritime Nation India , September 20-22, 2016 has already received the wholehearted support from Indian Private Ports and Terminals Association, and we are looking at many more endorsements in the coming weeks. We will keep the readers updated on key events that Maritime Weekly supports.


                            

Maritime Capital
ship.jpg Brazilian Port Sector Financing: The Step-In Right

Hellenic Shipping News , 08 Feb .  3 Minute Read
The Brazilian port sector has been drawing attention due to its expansion and its optimistic outlook., despite the economic challenges Read More>>


ship.jpgTurkish port operator Yildirim Holding to construct port in Ecuador

Hellenic Shipping News, 08 Feb .  2 Minute Read
The project will be Turkey’s biggest investment in the country, and once completed, the port will be the largest container port on the Pacific Ocean coast of Latin America.. Read More>>

                       

People & Tech
ship.jpgRegional sea ports show less delays with better facilities

East African Business Week , 07 Feb .  4 Minute Read
Thanks to technical support from TradeMark East Africa (TMEA), the ports of Dar es Salaam (left) and Mombasa have registered a general decline in cargo transfer time by 12%,.. Read More>>


ship.jpgEuropean yards still leading the market for advanced maritime technology, insists German shipbuilding head

Seatrade Maritime News , 08 Feb .  3 Minute Read
“Look to OSVs – Norway is the world market leader. Dredgers – the Netherlands lead the market. Look at cruise – Germany is the world market leader. Where performance is key, we lead,” he states. Read More>>


ship.jpg Management Appointments at Modern Terminals

Maritime Professional , 08 Feb .  3 Minute Read
Hong Kong’s longest established container terminal operator, today announced the appointment of Mr. Keith Saunders as its new Managing Director – Hong Kong, effective from 1st February 2016 Read More>>


                           

Cruise World
ship.jpgThe new cruise ships that are set to make waves in 2016

Mail online , 07 Feb.  7 minute Read
Royal Caribbean's Harmony of the Seas will become the world's largest; New 2,650-passenger Koningsdam has reproductions of the Old Masters;Regent Seven Seas Explorer has been billed as the most lavish ship. Read More >>


ship.jpgIndia: Kerala Tourism to introduce cruise ships for travellers

India today news , 02 Feb.  5 Minute Read
According to a report by Travel Biz Monitor, Kerala Tourism is planning to launch a cruise tourism project that will connect Thiruvananthapuram, Kochi and Kozhikode Read More>>


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