Business Insights from the Maritime and Logistics Ecosystem – Maritime Weekly 29 July 2016

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29 July 2016

Greetings from Maritime Weekly, newsletter published by Maritime World Services, a research, 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.

What is topical this week

After the Brexit vote, UK is contemplating a multibillion pound trade deal with China. Hapag-Lloyd and United Arab Shipping Company (UASC) are merging. The Cargo Shipping Market would reach 12.52 Billion Tons by 2021

Agri-businesses in Brazil are investing significantly in port infrastructure. As demand for storage in Africa grows, South Africa (SA) plans to build fuel terminals . The ambitious Sagarmala Project of the Indian government is moving ahead

Tren-italia of Italy would acquire new trains for interconnectivity catering to the regional system, worth Euro 4.5 billion. Indian highway authority plans to launch projects,connecting export hubs with port cities seeking to bring greater economic competitiveness. The Bangladesh-India pact would open new routes to the North East of India.

Thirteen Korean entities signed an MoU for offshore plant standardization. India’s L&T Shipbuilding is working to collaborate with US suppliers.

Orcades Marine Management Consultants from UK joined the growing list of exhibitors for Maritime Nation India 2016.

China’s One Belt One Road (OBOR) project is making progress covering several South Asian countries. US and India are working to enhance cooperation in the maritime sector and greater investment is expected

Japan’s first LNG-fuelled ship, Sakigaka-a tugboat, has won the Technology Special Award at the 2015-Ship of the Year Awards. In a welcome development, radiation detection system-SmartScan technology could assist seaports, thwart nuclear terrorists seeking to transport radioactive materials.

Eight cruise liners of China would offer diversified sightseeing services to tap the tourism market in the South China Sea. The Indian state of West Bengal plans to build seven houseboats and promote river cruise.

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

Global Maritime Trade

UK exploring multi-billion pounds trade deal with China
BBC News, 24 July, 3 minute read
UK is exploring a multibillion pound Free Trade Deal with China, aiming to minimize negative impact on its economy after Brexit. This will result in greater access for major Chinese banks and businesses, to the UK economy and will be the first time, that UK is going ahead with such a major project with China. China has never had a free trade agreement with any EU country.

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German carrier-Hapag Lloyd would merge with United Arabian Shipping Company (UASC)
Ship Technology.Com, 19 July, 2 minute read
After regulatory and contractual approvals, the deal will be completed by this year end. The merged firm will be one of the five largest container shipping lines in the world, with 237 vessels, with a total transport capacity of nearly 1.6 million TEU.

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Cargo Shipping Market could grow to 12,52 Billion Tonnes by 2021
PR Newswire, 15 July, 2 minute read
The Cargo Shipping Market is estimated to gain momentum after fiscal year 2018 and is projected to reach 12.52 Billion Tons by 2021. The report “Global Trends and Forecast to 2021” also indicated that the growth in container transport will have highest growth in cargo shipping trade compared to other types of cargo. According to the report, Asia-Pacific contributed the largest share of the global cargo shipping trade in 2016.

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Maritime Infrastructure

Brazil’s focus on port development would support growth in agri-exports
Hellenic Shipping Times, 21 July, 4 minute read.
With lower production costs and a competitive currency, agribusinesses are investing significantly in port infrastructure. This is expected to provide opportunities for export/import of all commodities through upgraded facilities. New port developments in northern Brazil are expected to cut inland freight distances to the seaboard, saving shipping travel time to Europe.

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South Africa’s Transnet to develop liquid terminal at the port of Durban
IOL, 21 July, 5 minute read.
As the demand for storage in Africa grows, Transnet proposes to design, finance, build and operate a liquid bulk terminal to handle petroleum products at the country’s biggest port, Durban. The shortage of refining capacity is expected to grow. The state-owned rail and ports operator has already posted a bid document

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India’s ambitious Sagarmala Project moves ahead.
The Financial Express, 20 July, 6 minute read.
With the government’s ambitious roadmap, the Indian port sector is at a crossroads. Successful implementation of the Sagarmala project would be a game-changer in terms of savings, employment generation, and value creation. The Ministry of Shipping has released a draft of the Central Port Authorities Act 2016 that seeks to provide more autonomy to major ports, enabling them to function like corporate entities and eliminating the regulation of tariff by the Tariff Authority for Major Ports (TAMP) and delegating the power to the port authority.

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Port Connectivity

Italy launches Euro 6.5 Bln investment in rail connectivity related projects
The Worldfolio, 20 July, 9 minute read
The Ministry of Transport and Infrastructure, in addition to developing ports, is also creating interconnectivity with the rail system. The projects are expected to have a remarkable economic impact for Italy. Tren-italia would procure Euro 4.5 billion worth of new trains, which would be dedicated to the regional system. This is significant for the economy, as about 90% of the freight is transported by road so far.

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Bangladesh-India pact to open new shipping routes to the North East of India
The Economic Times, 19 July, 7 minute read.
The pact is expected to open new routes to the North East of India. Bangladesh will allow India’s passengers and cruise vessels through its waterways to provide better connectivity. The Indo-Bangla MoU will open new avenues and trade facilities. Under the system, cargo vehicles are planned to be tracked electronically; permits are issued online and sent electronically to all land ports.

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India to build roads connecting export hubs with ports
The Hindu, 20 July, 5 minute read
The National Highways Authority of India (NHAI) is identifying highway projects connecting export hubs with port cities. The road connectivity initiative, called freight corridor will bring greater economic competitiveness of India’s highways. Industrial corridors have already identified earlier and the freight corridor which passes along these, would act as a conveyer belt.

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Korea’s shipbuilding sector is working on standardisation of offshore plants
Business Korea, 22 July, 5 minute read
The Korea Offshore & Shipbuilding Association reviewed its joint industry project (JIP) for offshore plant standardization. Recently, these JIPs completed the development of 14 standardization outcomes with respect to the fields of plant structure, piping, etc. This year, in the second phase, 13 entities signed MoU for offshore plant standardisation The Integrated Offshore Standard Specifications (IOSS) will be prepared and applied to future projects.

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India’s L&T Shipbuilding working to collaborate with US Suppliers
The Hindu Business Line, 19 July, 5 minute read
India’s L & T Shipbuilding company has started interactions with American firms for supply of sensors and elevators to be integrated in ships. Larsen & Toubro plans to collaborate the US-based design and equipment suppliers for its shipbuilding projects for the Navy and Coast Guard at Kattupalli, near Chennai. L&T Shipbuilding operates two modern shipyards-Kattupalli and Hazira. It builds warships, submarines, auxiliary vessels/crafts and specialised commercial ships.

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Maritime Nation India 20-22 September 2016 news

Maritime Nation India September 20-22, 2016 has already received support from the Prime Minister’s Office (PMO) the Minister of Road Transport, Highways & Shipping , India and,the wholehearted support from Jawaharlal Nehru Port Trust (JNPT), Mumbai and Nava-sheva Ship Agents Association (MANSA) Federation of Freight Forwarders Associations of India (FFFAI), Indian National Ship-owners Association (INSA) and the Indian Private Ports and Terminals Association (IPPTA) and The Association of Multi-modal operators of India (AMTOI) .

The Federation of Freight Forwarders Association in India (FFFAI), supported by the Ministry Of Commerce is organising the International North South Transport Corridor ( INSTC) -International Conference- India 2016 in collaboration with Maritime World Services at the same venue. Representatives from the government and trade from 10 countries are expected to participate in the conference.

This week we are happy to welcome our sponsors JWR Logistics, Noble Shipping, Om Freight and BVC Logistics. Also, Orcades Marine Management Consultants Ltd. from UK has joined our growing list of exhibitors. Orcades have the expertise in providing Marine Project Management and Consultancy Services, to the Offshore Renewable Energy Sector.

We will keep the readers updated on key developments and events that Maritime Weekly supports.

Maritime Capital

China’s One Belt One Road (OBOR) project is making progress
The Hellenic Shipping Times, 12 July, 4 minute read
OBOR is a grand scheme of international sea and land trade route elaboration and infrastructure augmentation, initiated by China earlier. The projects in South Asia include building and operating Gwadar port in Pakistan, extension of port Qasim in Pakistan, building a deep-sea port at Kyaukphyu in Myanmar, a new deep-sea port at Sonadia Island, Bangladesh , besides two projects in Sri Lanka - a Colombo container terminal and new port at Hambantota

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US and India to enhance cooperation in the maritime sector
The Indian Express, 19 July, 5 minute read
Minister of Shipping, Road Transport and Highways, Mr.Nitin Gadkari, held discussions with the Harbour Department of the City of Long Beach, USA and offered investment opportunities in the maritime sector. India and the United States have agreed to enhance the cooperation in the maritime sector. Under the Sagarmala programme, the 150 projects may mobilise USD 50-60 billion of infrastructure investment and another USD 100 billion of promoting industrial growth.

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People & Technology

Japan’s first LNG fuelled ship wins technology award
Hellenic Shipping News, 22July, 5 minute read
The NYK-owned Sakigake is equipped with dual-fuel engines- that can use diesel oil and also LNG. Compared with conventional tugboats with diesel oil, Sakigake emits about 30 percent less carbon dioxide, 80 percent less nitrogen oxide, and absolutely no sulfur oxide when using LNG as fuel.

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Radiation detection technology could be deployed for security at Ports
Port Technology, 22 July, 4 minute read
Passport Systems Inc, USA, has developed radiation detection technology, SmartScan that can assist seaports around the, world thwart nuclear terrorists, seeking to transport radioactive materials. The technology doesn’t require opening of containers, it scans a container, provides a three-dimensional map of the cargo, and sends alerts to flag suspicious cargo. Within minutes, it determines if an actinide is present and whether it is a bomb

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Leisure & Cruise

China adding 8 cruises pursuing tourism in the South China Sea
Marinelink.Com, 22 July, 4 minute read
Eight cruise liners plan to offer diversified sightseeing services to tap the travel market in the South China Sea. Three State-owned enterprises from the shipping, tourism and construction sectors will cooperate to equip and maintain the eight cruise liners.

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India’s Eastern State – West Bengal charts tourism policy, including river cruises
The Economic Times, 25 July, 3 minute read
Christened `BhorerAlo', an eco-tourism hub spread across 208 acres is planned in the Gajoldoba-Jalpaiguri area. To add value to the beaches in the state, the tourism department is working on a coastal beach circuit project, including car parking gazebo for weekend travellers, beach side seating etc Houseboats are being refurbished including the one on Hooghly (Kolkata) will be used to promote MICE activities with the facility to accommodate 25 people on board"

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