Business Insights from the Maritime and Logistics Ecosystem – Maritime Weekly 7 July 2017

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Maritime Weekly
Business insights for maritime and logistics executives.


7 July 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 once a week to support you in making informed decisions in the week ahead. Over 10,000 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 - Australia and New Zealand have commenced free trade talks with the Trans-Pacific Alliance, after Japan and Europe; Fourteen chokepoints have been identified in the global food supply chain, including eight maritime ones; IMO supported Global Industry Alliance has been launched to support energy efficient shipping.


Maritime Infrastructure - Infrastructure development and rising demand supports record container handling at US ports; Four South Korean ports are introducing shore-side power for ships at berth; The Indian government is looking to develop the Paradip-Dhamra ports cluster as a Coastal Economic Zone(CEZ).


Multimodal Connectivity - UK’s port of Tilbury plans to upgrade its rail offering; India and Myanmar have reviewed trade, investment and multi-modal connectivity; The first Volvo Block Train from China, arrived at Belgium.


Shipbuilding - Damen Ship repair has finalised acquisition of Keppel Verlome shipyard; Chinese shipbuilder CoscoCS has invested in ship repair facility in Piraeus port of Greece; Indian Navy is looking to private shipyards for warship production.


Maritime Nation India 2017 - This week Maritime Weekly co-organised a knowledge session on GST for the Brihanmumbai Custom Brokers Association (BCBA); Maritime Nation India 2017 has received a letter of endorsement from the Flag Officer Commanding Maharashtra Naval Area, Indian Navy, who have confirmed participation in the tradeshow. We are privileged that this is the second consecutive year that the Indian Navy would participate in Maritime Nation India.


Maritime Capital - China Merchants Energy Shipping (CMES) has guaranteed USD 1 Bln loans for 15 new builds from China EximBank; Euroports has invested Euro 30 Mln to expand handling capacity in its sugar terminal in the port of Antwerp ; Ports need to find ways to invest and stay in the race to service mega-ships.


People and Technology - A logistics blockchain pilot has been launched by Europe’s second largest port; The latest ransomware attack brings out the need for cyber-security rules; Sri Lanka’s South Asia Gateway Terminal has upgraded its terminal and billing systems.


Leisure and Cruise - Japan is considering the use of cruise ships to augment accommodation facilities for the 202o Olympics; Cruise tourism is gaining popularity in Dubai; The Indian government has been working on policy revision to promote cruise tourism.


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



Global Maritime Trade

Australia and New Zealand commence trade negotiations with Pacific Alliance
Reuters, 30th June, 5 mins read
While US is withdrawing from the trans-pacific multilateral agreement, countries are pursuing their own alliances. Australia and New Zealand have started free trade talks with the trans-pacific alliance. This is expected to increase trade and reduce cost to exporters . Read More


Fourteen chokepoints identified in the global food supply chain
Global Trade, 26th June, 5 mins read
Fourteen vulnerable chokepoints have been identified which are threatening the security of global food supply, including eight points from the global maritime supply chain, viz Suez Canal, Panama Canal, Turkish Straits etc. An interruption which includes climate change, war, political disruption or terrorism at these chokepoints could lead to supply shortage and price hike. Governments in food importing countries need to develop alternate routes and infrastructure. Read More


IMO Supported Global Industry Alliance launched to support energy efficient shipping
Hellenics Shipping News, 30th June, 5 min read
Thirteen leading shipowners and operators have signed-up to launch GIA ( Global industry alliance) to become more energy efficient and to reduce emissions. By participating in the GIA, the members will jointly work towards addressing existing barriers, developing solutions and towards a low carbon future. IMO is also encouraging other stake holders to collaborate and support the carbon footprint reduction initiative Read More


Maritime Infrastructure

Infrastructure development and rising demand supports record container handling at US ports
Maritime Executive, 29th June, 5 mins read
US has recently invested in infrastructure developments including ports, which includes better cranes, better yards and technology to accommodate larger ships. Because of the improved infrastructure and increasing trade more containers are being handled at ports. Read More


Four South Korean ports to introduce shore-side power for ships at berth
Seatrade Maritime News, 28th June, 3 mins read
Four South Korean ports have introduced Shoreside power supply system. Earlier ships while at berth used to emit harmful pollutants including carbon dioxide, nitrogen Oxide. This would help ships become eco-friendly and consuming less diesel Read More


Indian government looking to develop the Paradip-Dhamra cluster as a Coastal Economic Zone(CEZ)
Business Standard, 1st July, 4 mins read
Considering the significance of Dhamra and Paradip port in the development of higher cargo handling capacity, in India’s eastern coast, the government is considering developing the cluster around these ports as a Coastal Economic Zone ( CEZs). The ports are important as these are gateways for trade with South East Asian nations. The CEZs would lead to development of the maritime sector and give boost to India’s economy. Read More




Port Connectivity

UK’s port of Tilbury to uplift its rail offering
Live Mint, 20th June, 6 mins read
Londons’s major port- Tilbury already accounts for 10% of UKs rail cargo traffic. The port has unveiled plans to increase bulk and intermodal traffic by increasing the number of services, establishing a new bulk terminal and connecting rail to its deep water terminal- Tilbury-2 Read More


Indian and Myanmar review trade, investment and connectivity
First Post, 27th June, 4 mins read.
The volume of bilateral trade between India and Myanmar is expected to rise, per the review at the joint trade and investment forum.This would benefit from enhanced rail, road and sea connectivity, which the two countries are pursuing.The countries have agreed to work together on issues hampering bilateral trade and investment, lack of banking arrangement for regular trade etc. Read More


First Volvo Block Train from China arrives at Belgium
Xinhuanet, 4th July, 5mins read.
The Freight train carrying 123 Volvo automobiles reached their destination in just 20 days, which if sent by sea would have taken around 60 days. The initiative has possibly managed to strike a balance between saving time and reducing shipping costs. The initiative aims to build a trade, investment and infrastructure network to connect Asia with Europe.Read More


Shipbuilding

Damen Ship repair finalises acquisition of Keppel Verlome shipyard
Hellenic Shipping News, 30thJun, 5 mins read.
Damen Shiprepair & Conversion (DSC), a part of Damen shipyard group have completed its acquisition of Keppel Verolme shipyard. The Shipyard , including its 250 staff will now work under the Damen flag. Verolme yard has three dry docks , which would now contribute in expanding DSC’s portfolio.Read More


Chinese group CoscoCS investing in ship repair facility in Piraeus port of Greece
Trade Winds, 15th Jun, 4 mins read
China’s Cosco shipping has invested in a ship repair facility in Piraeus port in Greece. Cosco would invest around 500 million euros to upgrade cruise and container handing facilities at the Piraeus port . The company is also planning to construct a new floating dock, with a capacity to handle 80000 dwt vessels. Read More


Indian Navy looking to private shipyards for warship production
NDTV, 21st Jun, 5 mins read
The Indian navy is looking to partner with the private companies to increase indigenisation. Defence shipbuilding has a huge market along with significant challenges in India and the navy is examining whether private Indian shipbuilders have the capacity to build submarines and other armoured vehicles. 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 tradeshows for the maritime and logistics ecosystem.


The 2nd edition of Maritime Nation India is being held from 14th to 16th September 2017. The 3-day international tradeshow will provide a unique global platform for exhibitors and participants to explore business opportunities in the Indian Maritime and logistics Sector.


We are happy to share that Maritime World Services supported a knowledge session on GST for the Brihanmumbai Custom Brokers Association (BCBA) Members recently. The session was attended by the president of BCBA, Mr. Ashish Pednekar, Mr Shankar Shinde, MD Global Express, member managing committee and other members of the association.


This week we are delighted to share that The Indian Navy has confirmed participation at Maritime Nation India 2017. We are privileged that this is for the second consecutive year that the Indian Navy would be participating in Maritime Nation India. The tradeshow has received a letter of endorsement from Rear Admiral Sanjay Mahindru, Flag Officer Commanding, Maharashtra Naval Area. We share his optimism that “…….. this event will contribute significantly in projecting the opportunities of collaboration in the defence related ship building, ship repair and equipment indigenization eco system in India”.


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



Maritime Capital

China Merchants Energy Shipping (CMES) guarantees USD 1 Bln loans for 15 new builds from China EximBank
Seatrade Maritime News , 29th June, 4 mins read.
CMES has agreed to be a guarantor for borrowing $1 bn from China EXIM bank to buy 15 new ships ,10 VLO’s and 5 VLCC’s. The infusion of funds is expected to benefit the bank and the shipbuilding industry. The loan tenure is for 13 years. Read More


Euroports is investing Euro 30 Mln to expand handling capacity in its sugar terminal in the port of Antwerp
Hellenic Shipping News, 27th June, 5 mins read
The port operator Euroports is investing in the development of its terminals in Antwerp as well as in Le Havre ports. The objective of the investment program is to expand the terminal and warehouse capacities along with improvement of safety and quality. Euroports have also invested in faster turnaround of goods on the terminal.Read More


Ports need to find ways and invest to stay in the race to service mega-ships
SupplyChainDive, 29th June, 4 mins read.
Ports needs to find ways and invest to stay in the race to service megaships and offset the cost of big ships. As shipping lines are consolidating and bigger ships are inducted into service, ports need to invest in improvement of ship and cargo handling infrastructure. The investment is also expected to generate employment opportunity and generate income for the cities they inhabit. Read More



People & Technology

Logistics blockchain pilot launched by Europe’s second largest port
Coin Desk, 28th June, 4 mins read.
Belgium-based Port of Antwerp is planning to use technology, to automate and streamline the terminal’s container logistic operation. This includes running a pilot blockchain project on logistics automation. The pilot will also contribute in speeding up communication between the port customers and make it more transparent. Read More


The latest ransomware attack brings out the need for cyber-security rules
The Maritime Executive, 30th June, 6 mins read
The cyberattack via a ransomware virus dubbed Petya has caused widespread disruption across the globe including the maritime industry. While the industry pursues automation to improve efficiencies, necessary protections to prevent recurrence of such attacks need to be implemented. It is expected that by 2021, shipping industry would compulsorily need to implement cyber-risk management frameworks. Read More


Sri Lanka’s South Asia Gateway Terminal upgrades terminal and billing systems
Ship Technology, 29th June, 3 mins read
Sri Lanka’s South Asia Gateway Terminal (SAGT) in the port of Colombo, has upgraded its cargo related and billing systems. The terminal has gone live with Navis’N4 terminal operating system and N4 billing . The system is expected to optimize existing operations, while providing customers with best-in port service levels. Read More


Leisure & Cruise

Japan considering use of cruise ships for accommodation for 202o Olympics
Japan Times, 29th June, 6 mins read
The Japanese government is planning to allow large cruise ship to be used as hotels to avoid shortage of accommodation during the 2020 Olympics. The government officials are providing necessary legal framework to enable this and this is expected to boost to the cruise industry.Read More


Cruise tourism gaining popularity in Dubai
Khaleej Times, 28th June, 5 mins read.
Dubai Cruise tourism witnessed an outstanding growth of 15 % compared to the last season. This has led to an increase in number of cruise operators looking to anchor with the cruise industry which would also lead to employment generation. Port developers are working to expand their facilities and launching new projects towards growth in tourism. Read More


Indian government working on policy revision to promote cruise tourism
Indian Express, 28th Jun, 4 mins read
The government is trying to boost cruise tourism by relaxing the policy of levying port charges based on weight of the vessels. A global consultant has also been hired to work out a road map to increase cruise tourism significantly.Read More



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