Business Insights Curated From The Maritime & Logistics Ecosystem – Maritime Weekly -Week #4

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Maritime Weekly
Business insights for maritime and logistics executives.

26 January 2018

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 – India’s exports rose 12.36% in December however, trade deficit widened; We bring you an analysis that predicts that top seven carriers would soon control 90% of global container shipping; Taiwan’s Evergreen Marine would augment its fleet with 20 container ships of 11,000 TEU capacity

Maritime Infrastructure – PSA’s global container volumes were up by 9.8% to 74.2 Mln TEUs in 2017; COSCO Shipping Ports volumes were also up by 13% to 87 Mln TEUs in 2017; Japan and Indonesia have agreed to expedite the development of Patimban port

Multimodal Connectivity – Indian coastal shipping of coal is expected to double to 63 Mln Tonnes by 2023; China has commenced a new freight rail service to Budapest; Iran concluded a USD 2 Bln rail deal with India

Shipbuilding and Ship Repair – Japan’s shipbuilding industry has seen orders double and is turning to profitability; Korea’s Samsung Heavy is also expected to turn profitable in 2019; Spain’s Navantia Shipbuilder has launched Shipyard 4.0 and other innovations

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.

The trade show has already received formal endorsement letters from the minister of road transportation, highways, shipping & ports, the minister of defence, minister of commerce and the Director General Shipping. Their letters of endorsement are available on our website.

This week we are happy to welcome the Chartered Institute of Logistics & Transport (CILT) India as a supporting partner for Maritime Nation India 2018.

This week we are also happy to share that Maritime Weekly participated in the recent Bengal Global Business Summit in Kolkata

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 – K Line, NYK and MOL received conditional approval for their joint venture on shipping; The global blockchain market is predicted to be worth USD 14 Bln by 2022; Rolls Royce could be divesting its commercial marine unit

People and Technology – Maersk and IBM are in a JV to launch a Blockchain platform for global trade; Konecranes would leverage private LTE mobile networks for port machine learning; We bring you an opinion on Top 10 maritime related technology developments to follow in 2018

Leisure and Cruise – Cruise shipping lines are achieving significant growth from India; The cruise Tourist boom is generating new tour services in Japan; The Indian government has relaxed norms for biometric registration of cruise tourists

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


Global Maritime Trade

India’s exports rise 12.36% in December, trade deficit widens
Business Today, 16 January, 3 minutes read

Exports rose to 27.03 billion USD in December on a year-on-year basis, due to growth in engineering goods, petroleum products, gems and jewellery, chemicals, drugs and pharmaceuticals. However, imports have outpaced exports and the trade deficit stood at 14.8 billion USD, up by 41% year-on-year. India’s trade deficit is at its widest in three years. Read More

Analysis- Top seven carriers would soon control 90% of global container shipping


The Loadstar, 17 January, 5 minutes read

Container shipping is like an inverted pyramid wherein, leading carriers control the largest market share. As per Drewry analysis, as on last Oct. 1, out of 379, top 31 carriers had the maximum market share and the rest had only 0.1% share and the small carriers were facing increased competitive pressure causing their marginalization.
Read More

Taiwan’s Evergreen Marine to augment fleet with 20 container ships of 11,000 TEU capacity

SPLASH24/7, 18 January, 2 minutes read

Evergreen Marine plans to induct total 20 containerships and, the company entered into contract with Japan’s Shoei Kisen Kaisha for twelve 11000 TEU container ships, which would be built at Imabari shipyard and chartered to Evergreen. The shipyard to build remaining 8 containerships is expected to be announced later. Read More

Maritime Infrastructure

PSA global container volumes up by 9.8% to 74.2 Mln TEUs in 2017

The Straits Times, 16 January, 2 minutes read

Global Port operator PSA International recorded the growth with PSA Singapore Terminals contributing 33.35 million TEUs. Container volumes at other PSA terminals rose 10.4%, to 40.89 million TEUs. PSA has performed well against the challenges and tough competitions. Read More

COSCO Shipping Ports volumes up by 13% to 87 Mln TEUs in 2017

Sea Trade Maritime News, 15 January, 2 minutes read
COSCO Shipping Ports (CSP) volumes increased to 87.31m TEU for the year 2017 from 77.58m TEU in 2016. The gains were led by CSP’s overseas ports with consistently increasing monthly gains at 30% every month. Read More

Japan and Indonesia agree to expedite the development of Patimban port

Antara News, 19 January, 2 minutes read

The Indonesian government would develop the Patimban port in Subang District of West Java to handle seven million TEUs and a container terminal on 35 hectares land. The project work would be expedited and the port is expected to be operational in March 2019. 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

India-Coastal shipping of coal to double to 63 Mln Tonnes by 2023

Business Standard, 20 January, 3 minutes read

As per CRISIL, with the removal of structural bottlenecks, coastal shipping of coal is expected to double by 2023. Coal from Mahanadi Coalfields is shipped to Andhra Pradesh and Tamil Nadu via Paradip and Dhamra ports. A coal handling plant at Paradip and coal loading through dry cargo berth at Dhamra are expected to ease capacity constraints. Read More

China commences new freight rail service to Budapest

XINHUA, 19 January, 2 minutes read

The 11,595 km journey from Xiamen port city to Budapest, Hungary would take 18 days. Xiamen has rail routes to five European countries and about 200 trips to Europe have been completed. Read More

Iran concludes USD 2 Bln rail deal with India

Financial Tribune, 14 January, 4 minutes read

Iran and India signed a 2 billion USD agreement for cooperation in the rail sector. A MoU for Iran to purchase locomotives and freight cars from India at of 600 million USD is also included in the deal.
Read More


Shipbuilding and Ship Repair

Japan’s shipbuilding industry sees orders double, turning to profitability

Nikkei Asian Review, 18 January, 2 minutes read
For Japan’s shipbuilders, merchant vessel order volumes increased to 150% in 2017. The larger shipbuilders are preparing to compete for newbuilding orders, with China and South Korean shipbuilders. Read More

Korea’s Samsung Heavy expected to turn profitable in 2019
Financial Times, 16 January, 2 minutes read

Samsung Heavy would remain in losses this year but the company is expected to turn profitable next year with new orders. The world’s third-largest shipbuilder’s estimates indicated that its sales would recover to 6.6 billion in 2019 and the operating loss is expected to narrow down. Read More

Spain’s Navantia Shipbuilder launched Shipyard 4.0 and other innovations
3Ders, 19 January, 3 minutes read
Spain’s Navantia Shipbuilder is engaged in design, construction, repair and integration of naval warships and launched a ‘Shipyard 4.0’ concept. The shipyard engineers installed a 3D toilet, ‘3DCabin’ and 3D printing of ventilation grilles aboard. In the concept, IoT, AI and AR would be parts of Navantia’s long term plan. Read More

Maritime Exhibitions, Conferences and Conversations

Participants at the Session- Collaborating to build and maintain India’s maritime assets Shipbuilding and Ship repair @ 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/

The trade show has already received formal endorsement letters from the minister of road transportation, highways, shipping & ports, the minister of defence, minister of commerce and the Director General Shipping. Their letters of endorsement are available on our website.

This week we are happy to welcome the Chartered Institute of Logistics & Transport (CILT) India as a supporting partner for Maritime Nation India 2018. Founded in 1919, CILT is a leading international professional body for everyone who works within supply chain, logistics and transport and helps organisation gain the knowledge and insights needed in the modern world where logistics and transport skills matter. Members and speakers from CILT India would participate in the Maritime Nation India 2018 tradeshow and conferences

This week we are happy to share that Maritime Weekly participated in the recent Bengal Global Business Summit in Kolkata. The two-day global investors’ summit witnessed may corporate houses pledging significant investments in the state, including in the maritime transportation and infrastructure sector.

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

K Line, NYK and MOL receive conditional approval for their joint venture

Ship Technology, 19 January, 2 minutes read
Japan’s three major container shipping companies received conditional approval from competition authorities for their joint venture (JV), Ocean Network Express. The three companies are required to comply with the country’s competition law and other conditions. The JV would begin service from April-2018 by developing a network in 90 countries. Read More

Global blockchain market predicted to be worth USD 14 Bln by 2022


Port Technology, 19 January, 2 minutes read


Microsoft and IBM are investing in blockchain for bitcoin or another cryptocurrency transactions. Microsoft also merged with start-ups in insurance, supply chain and in IoT cloud. The blockchain technology is being used for the financial transactions, cross-border payments, healthcare, energy, media and informatics. The global blockchain technology market is expected to grow at a CAGR of 42.8% and be worth about 14 billion USD by 2022. Read More

Rolls Royce could be divesting its commercial marine unit

Marine Link, 18 January, 2 minutes read


Industrial conglomerate Rolls-Royce could sell its struggling marine business and the company plans restructuring to further slash the costs. The company plans to reduce from five operating businesses to three based on Civil Aerospace, Defence and Power Systems. Read More

People & Technology

Maersk and IBM in JV to launch Blockchain platform for global trade
REUTERS, 16 January, 3 minutes read

The largest container shipping firm A.P. Moller-Maersk and IBM would create a trading platform which could speed up trade and save billions of dollars. Maersk and IBM JV would convince shippers, freight forwarders, ocean carriers, ports and customs authorities to sign up. Read More

Konecranes to leverage private LTE mobile network for port machine learning
Port Technology, 19 January, 2 minutes read
The private mobile broadband at Konecranes headquarters would accelerate research and development in IoT and broadband connectivity. Konecranes’s 3-year agreement with Ukkoverkot and Nokia for mobile concepts with a digital automation platform would benefit ports and manufacturing operations. Read More

Opinion- Top 10 maritime related technology developments to follow in 2018
Hellenic Shipping News, 20 January, 3 minutes

The technologies are Blockchain, Augmented Reality, Autonomous Vessels, Drones, Deep Learning, AI, IoT, Virtual Reality, Robotics, and Wearable Technology. Each of these is expected to have an impact on the maritime industry in 2018. Some technologies are operational in shipping and others are under development. Some more technologies from industries need to be adopted in maritime. Read More

Leisure & Cruise

Cruise shipping lines achieve significant growth from India

Travel Trends Today, 15 January, 3 minutes read
The year 2017 was path-breaking for Cruise Liners with a passenger growth of 30% over 2016. In 2017, the Indian shipping and tourism ministries introduced new policies for cruise tourism and are working to improve ports and infrastructure and, provide e-landing, e-visa facilities. This year, the country witnessed 60,000 cruise tourists through 55 ships and there is a potential to increase it to 3 million cruise tourists.
Read More

Cruise Tourist boom generating new tour services in Japan

Japan Times, 20 January, 2 minutes read
1.99 million cruise tourists arrived in 2016, up 78.5% from 2015. The Japanese government aims 5 million cruise tourists by 2020. This has led to the development of new tour services combining ocean voyages with rail or air travel and ‘inter-porting’.
Read More

India relaxes norms for biometric registration of cruise tourists

Money Control, 2 January, 3 minutes read
Cruise tourists arriving to India with e-visas would be exempted from biometric enrolment up to 2020. This would make immigration clearance faster. This is a significant step as the scheduled arrivals of cruise ships to India in 2017-18 and 2019-20 comprise mega ships with 2,000-4,000 passengers on board. 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
To advertise/connect with us: connect@maritime-weekly.com

     
     

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