Business Insights from the Maritime and Logistics Ecosystem – Maritime Weekly 17 February 2017

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17 February 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 analyses once a week, to support you in making informed decisions in the week ahead. Over 5000 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 surplus of Germany has reached USD 270 Bln in 2016. Middle East and North Africa (MENA) are emerging as Logistics Hubs. Indian business leaders discussed trade reforms and e-commerce with WTO Chief.


Maritime Infrastructure- Expansion positions Savannah as a gateway port for trade on US South East. Expanded port of Dar es Salaam has the potential to turn Tanzania into an East African Hub. Japan-India cooperation on maritime infrastructure and defence trade is expected to grow.


Multimodal Connectivity-China-Pakistan Economic Corridor (CPEC) is expected to increase maritime and economic activities in the Indian Ocean. India is providing 240 kms of rail connectivity to Port Blair. India-Coastal Trade has the potential to save the economy USD 28 Bln in infrastructure spend.


Shipbuilding- South Africa is set to strengthen bilateral trade in shipbuilding with France. Daewoo Shipbuilding (DSME) has won USD 1.6 Bln order from Texas based Excelarate Energy for 7 FSRUs. Thailand’s Unithai shipyard has expanded its capabilities into the ship-repair segment.


Maritime Nation India 2017-This week we are happy to welcome Maritime Matrix and The Marex Bulletin as our media partner. Maritime Weekly interacted with Ted Muttiah, CCO, South Asia Gateway Terminals, Port of Colombo, Sri Lanka on future sea trade between the two nations.


Maritime Capital- International investment in Africa’s ports is setting the stage for economic growth. High cost of infrastructure investments and low returns could delay use of LNG for bunkering in the US. Port of Oakland is investing USD 600 Mln to attract more cargo and move it faster.


People and Technology - Maritime and Port Authority of Singapore is collaborating with DNV GL on green technologies. Application of big data has a significant potential in connecting multiple stakeholders in the maritime ecosystem. A new global port agency has been launched by UAE and Singapore regional port agencies.


Leisure and Cruise-ASEAN expects significant growth in cruise tourism from India. Bangladesh is entering the regional cruise circuit with a luxury cruise call. Indians are increasingly taking cruise vacations.


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



Global Maritime Trade

Global Trade surplus of Germany reaches USD 270 Bln in 2016
Global Trade surplus of Germany reaches USD 270 Bln in 2016
Germany’s trade surplus has increased to a record high of USD 270 billion in 2016. While this can be attributed to Germany’s export prowess and reluctance to invest at home, the same has also come under some criticism as exploitation of American and European markets with the undervalued euro. Read More


Middle East and North Africa (MENA) emerging as a Logistics Hub
Arab News, 5 February, 3 minute read
Government initiatives towards economic diversification, coupled with world-class infrastructure and deep trade relations with Asia and Europe have transformed the Middle East and North African (MENA) countries into global trade and logistical hubs. The 34 free trade zones, non-existent corporate tax have made UAE an appealing business environment in the global logistics market that is expected to generate USD 15.5 trillion in revenues by 2024. Read More


Indian business leaders discuss trade reforms and e-commerce with WTO Chief.
Money Control, 10 February, 3 minutes read
Representatives of the industry recently met with WTO chief, Roberto Azevedo, to discuss various issues related to global trade and e-commerce. Over 50 representatives from online retail and technology firms met Mr Azevedo, however more clarity is required among members regarding the future path of e- commerce; also India is reluctant to agree on a global deal for e-commerce Read More


Maritime Infrastructure

Expansion positions Savannah as a gateway port for trade on US South East
American Journal of Transportation, 6 February, 5 minutes read
The sale of 500 acres of property by Georgia Ports Authority (GPA) will help establish Savannah as a gateway port for the US Southeast and beyond. The port land can accommodate up to 5 million square feet of logistic space. The sale and on-terminal developments are being done by GPA to stay ahead of increasing demands. Read More


Expanded port of Dar es Salaam has the potential to turn Tanzania into an East African Hub
The Exchange, 8 February, 3 minutes read
A framework deal was signed between Tanzania and China Merchants Holdings Co to build roads, railways, and expansion of Dar es Salaam port to accommodate more cargo volume. Port developments coupled with measures taken by President Magufuli to remove bureaucratic hurdles, for import, have staged Tanzania to become Dubai of East Africa. The plan is to fast track Tanzania as a satellite city to attract international investments from the business sector as well as banks. Read More


Japan-India cooperation on maritime infrastructure and defence trade expected to grow
Defence Aviation Post, 13 February, 4 minutes read
Tokyo is seeking to expand defence trade with India with a bid to export the US-2i amphibious aircraft to India and undertake construction of maritime infrastructure. The Indian Navy and the Japanese Self Defence Maritime Force are building deeper ties. A joint statement released by the governments also categorically mentioned expanding cooperation to resolve the South China Sea disputes. Read More




Port Connectivity

China-Pakistan Economic Corridor (CPEC) expected to increase maritime and economic activities in the Indian Ocean
Sputnik International , 11 February, 4 minutes read
With the commencement of operations at the Gwadar Port and the China Pakistan Economic Corridor (CPEC), the economic importance of the Indian Ocean in the maritime sector is expected to increase significantly. The Chief of Naval Staff, Pakistan Navy, highlighted the fact that CPEC has the potential to promote socio-cultural and politico-economical development in the region. Read More


India- providing new 240 kms rail connectivity to Port Blair
The Economic Times, 06 February, 2 minutes read
The Railway Ministry of India has approved a 240 km broad gauge railway line connecting Port Blair in Lakshadweep with Diglipur on the Andaman and Nicobar islands. The project would be taken up due to its unique and strategic importance. Read More


India-Coastal Trade has the potential to save the economy USD 28 Bln in infrastructure spend.
The Financial Express, 10 Feb, 3 minutes read
The Sagarmala initiative undertaken by the Indian Government the country can help save up to USD 28 billion in infrastructure and another USD 3.3 billion in transportation if 50% of trade shifts to economic zones, near ports by 2020. The non-major ports on the east coast are also set to play a significant role in sustainable growth for maritime trade. Read More


Shipbuilding

South Africa to strengthen bilateral trade in shipbuilding with France
Hellenic Shipping News, 14 February, 3 minutes read
France and South Africa have collaborated to work together in composite manufacturing. South Africa is new to ship building and France is the leader in segment. This development was made after a meeting between the government representatives of both nations and is expected to boost economic growth in Africa. Read More


Daewoo Shipbuilding (DSME) wins USD 1.6 Bln order from Texas based Excelarate Energy for 7 FSRUs
Pulse , 9 February, 2 minute read
Texas based Excelerate Energy, world’s largest operator of regasification vessels and developer of LNG import solutions has placed a preliminary order with Korea based Daewoo Shipbuilding and Marine Engineering Co. (DSME) for 7 floating and regasification units worth USD 1.6 billion. DSME has a default crisis of USD 384 million bonds that matures in April. Read More


Thailand’s Unithai shipyard expands its capabilities into the ship-repair segment
Hellenic Shipbuilding News, 10 February, 3 minutes read
Thailand’s premier shipyard, Unithai Shipyard and Engineering Limited is expanding its operations to ship repair due to customer demand. A floating dock with a lifting capacity of 48,000 tonnes, largest in Thailand, arrived in Laem Chabang deep-sea port, thus expanding the range of services Unithai offers. Read More




Maritime Nation India news



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 business events for the maritime and logistics ecosystem. The 2nd edition of Maritime Nation India is being held from the 14th to 16th September 2017. This 3-day international exhibition and conference provides a global platform for exhibitors and participants to explore business opportunities in the Indian Maritime Sector and is already receiving enquiries for participation from our readers.





This week we are happy to welcome Maritime Matrix and Marex Bulletin as our media partners. Maritime Matrix is a sea-transportation monthly that encompasses shipping and allied industries. It was established in 2012 and has a widespread presence at national and international events. The Marex Bulletin is a bi-weekly journal catering to news related employment and training in the marine industry and the shipping industry.


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


Thought Leadership

Maritime Weekly recently had the opportunity to interact with, Ted Muttiah, Chief Commercial Officer, South Asia Gateway Terminals (Pvt) Ltd, Port of Colombo, Sri Lanka. He shared his views with Maritime Weekly on the bilateral sea trade between India and Sri Lanka. Excerpts:


The Indo-Sri Lanka Free Trade Agreement (ISFTA), which promotes free trade between both countries and strengthens intra-regional economic cooperation and development of national economies, is expected to look at trading of professional services in the coming days. The new Sri Lankan government is taking steps to balance trading relationship between China, India, and other ASEAN nations following China’s rising participation in the Sri Lanka port sector and to promote the world trade. There are various opportunities for Indian companies in Sri Lanka’s coal chain and development of Colombo and Hambantota ports.



Maritime Capital

International investment in Africa’s ports is setting the stage for economic growth
Global Construction Review, 7 February, 8 minutes read
Over the next five years the African continent is planned to be equipped with deepwater container terminals and modern transport networks owing to massive international investments, significantly from China. Africa is also set to have a tax-free special economic zone to promote foreign trade and facilitate an infrastructure led growth in the region. Read More


US-High cost of infrastructure investments and low returns could delay use of LNG for bunkering.
Hellenic Shipping News, 7 February, 3 minutes read
Many companies in the US maritime industry might not invest in LNG bunkering unless the return on investment is at least 10%. Even though the European and Asian maritime authorities are working to shift to LNG as marine fuel, the American counterparts are still assessing the risks. The estimated cost of building an offshore regasification unit is approximately USD 1 billion. Read More


US-Port of Oakland investing USD 600 Mln to attract more cargo and move it faster
Global trade, 8 February, 3 minutes read
Oakland is set to increase its trade volume by investing in new facilities and better infrastructure. Port of Oakland has outlined a USD 600 million spending plan to modernize the port infrastructure and improve logistics. The investment will be made by government, private developers, as well as public agencies. Read More



People & Technology

Maritime and Port Authority of Singapore collaborate with DNV GL on green technologies.
The Maritime Executive, 3 February, 3 minutes read
In extension to its earlier MoU, the Maritime and Port authority of Singapore and DNV GL has signed another MoU to promote autonomous vessels, drones, green ports, green shipping, and green technology within Singapore maritime community. These efforts aim to reduce sulphur emissions and work towards sustainable shipping. Read More


Application of big data has a significant potential in connecting multiple stakeholders in the maritime ecosystem
Port Technology, 10 January, 4 minutes read
In today’s world of digitisation, vast amounts of data are being generated and gathered on vessels by multiple sensors. Big Data enables connections between multiple stakeholders and data sets. This allows for a common platform for data integration, securing the data, and giving a controlled access to providers to carry out analytics. Big Data paves the way for industry wide benchmarking and richer insights and analytics. Read More


New global port agency launched by UAE and Singapore regional agencies
Port Technology, 8 February, 2 minutes read
A global agency named Waterfront Maritime Services has been created by UAE-based Sharaf Shipping Agency and Ben Line Agency, Singapore to focus on wet and dry bulk shipping and commodities market. It is set to be operational from April 1 and will boast of 299 offices in 49 countries, supported by global third-party agents. Read More


Leisure & Cruise

ASEAN expects significant growth in cruise tourism from India
Travel Biz Monitor, 2 February, 2 minute read
Association of South East Asian Nation (ASEAN) is preparing for a ten-fold increase in cruise passengers by 2035. The plan is to leverage digital marketing, improve tourism statistics, infrastructure development, onshore activities, and training staff. India, along with China and Japan, is integral to these plans. Read More


Bangladesh entering the regional cruise circuit with a luxury cruise call.
The Daily Star, 2 February, 2 minutes read
Monaco based luxury cruise line Silversea will arrive in Bangladesh in February. This will be the first ever trip by an internationally reputed ocean- cruise line in Bangladesh. The country expects to make economic as well as intangible benefits from this venture. Read More


Indians are increasingly taking cruise vacations
DNA, 5 January, 3 minutes read
Cruise vacations are the next big thing among Indian travellers. The cruise sector is seeing growth not only in the metros but also in Tier 2 and tier 3 cities. The increase in spending power and new deals being offered by travel companies is attracting more and more customers to take cruise vacations and boosting the business. Read More



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