Maritime & Logistics Weekly – Week # 29. Shipping industry sees limited impact of trade war so far. Airbus partners to bring drone deliveries to Singapore port. And more insights


Greetings from Maritime & Logistics Weekly, a newsletter published by Apex Group for the global maritime and logistics ecosystem. What is topical this week...




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20 July 2018


Dear {{Name}}
Greetings from Maritime & Logistics Weekly, a newsletter published by Apex Group for the global maritime and logistics 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 12000 senior executives and officials from the global maritime and logistics ecosystem benefit from the insights shared by Maritime & Logistics Weekly. Key news items for each industry sector, are available on our website www.maritime-weekly.com

What is topical this week

Global Trade & Logistics - The US-China trade war appears to be impacting trade in other regions in different ways. While the European Commission has cut the growth forecast of EU to 2.1% sensing an escalation of the trade war, the Black Sea region could benefit from the trade war in terms of an increase in grain exports. Global shipping industry, however, appears to be an exception with no significant impact of the trade war.

Maritime & Logistics Infrastructure - Collaboration between countries for new port development initiatives appears to be in vogue. Indonesia and India have launched a joint initiative to develop Sabang deep sea port, and Sri Lanka has launched the development of Trincomalee Port with a Singapore Infrastructure Company. In another development, Bangladesh has taken up a mega project development for Mongla port.

Multi-modal Connectivity - Indian coastal shipping firms could flag out and register in foreign territories if benefits are scrapped. Globally, railway organizations are adopting innovation at a fast clip. Indian Railways has introduced dwarf containers and a new delivery model. A driverless train completed its first iron ore delivery in Australia.

Shipbuilding, Ship Repair & Recycling - South Korea and India are looking to collaborate on shipbuilding. Environmental sustainability has assumed greater importance in the sector and thankfully so. Bangladesh has begun recycling its first ship in alignment with the Hong Kong Convention. India’s Cochin Shipyard will build ships for inland waterways.

Maritime & Logistics Conversations

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Maritime & Logistics Investments - There’s a good reason for cheer as two major international deals have obtained regulatory nods. China’s COSCO shipping has secured the US security clearance for its USD 6.3 Bln OOIL deal and CMA CGM has secured approval for its USD 380 Mln investment in CEVA Logistics. In India, an logistics major Allcargo is looking to raise USD 142 Mln to fund Logistics Parks.

Free Zone & Logistics World - Cross-border collaborations appear to be on a rise. Myanmar has identified three regions on Myanmar-China border for an SEZ project and Bangladesh has offered Singapore a 500-acre land in SEZ. Crypto-currencies have found takers in Philippines as its Cagayan Economic Zone Authority issued licenses to three crypto currency exchanges.

Automation & Training - Companies and countries are embracing tech innovations at a fast pace. Wilhelmsen Shipping and Airbus have partnered to bring drone deliveries to Singapore Port. Poland is investigating the use of hydrogen as fuel for freight trains. India’s Tata Motors acquired 26% stake in a tech-based freight aggregator TruckEasy.

Have a great week ahead!
Subhasis


Global Trade & Logistics

Shipping industry moving forward notwithstanding the trade war

CNBC. 13 July. 5 minute read.

The escalating U.S.-China trade row has not had any significant impact on the container shipping industry. Shipments of soybeans and iron ore between the U.S. and China have seen some reduction but they have had a limited impact on the overall shipping business.
Read More



Export of grain from the Black Sea region could benefit from the trade war


Hellenic Shipping News. 13 July. 6 minute read.
The US-China trade war could be a boon in disguise for grain and oilseed exports from the Black Sea region. It could open up new opportunities for the region’s main exporters Russia, Ukraine and Kazakhstan to sell wheat, corn and soybeans to China and the European Union.
Read More



EC trims growth forecast of EU to 2.1% expecting escalation of trade war


The Guardian. 12 July. 7 minute read
The European commission (EC) has revised its growth forecasts for the UK and Europe for 2018 having factored in the damaging impact of the US-China trade war. The growth forecast for the EU is now 2.1% for 2018, down from the earlier forecast of 2.3%. The growth forecast 2019 for EU remains unchanged at 2%. Read More

Maritime & Logistics Infrastructure



Indonesia and India launched joint initiative to develop Sabang deep sea port


Economic Times. 12 July. 5 minute read.
Indonesia and India have launched a joint initiative to develop Indonesia's Saban port in Aceh province to improve maritime connectivity. The initiative is a part of the two countries' 'Shared Vision on Maritime Cooperation in Indo Pacific', a collaborative endeavour envisaged during the recent visit of India's PM Modi.
Read More


Bangladesh has taken up mega project development for Mongla port

The Independent. 6 July. 5 minute read.
The Bangladesh government has taken up the development of Mongla Port, the country's second largest sea port. The project involves the construction of an economic zone, roads for improved regional connectivity, and railroad construction from Mongla to Kolkata in India via Nepal and Bhutan.
Read More


Sri Lanka launched the development of Trincomalee Port with a Singapore Infrastructure Company

Tamil Guardian. 11 July. 3 minute read.
With an aim to develop Trincomalee as the eastern gateway to Sri Lanka, the Sri Lankan government has launched a project to develop the port of Trincomalee with assistance from Surbana Jurong, a Singaporean infrastructure consultancy. The port development is a part of a programme signed in June 2016 which envisioned the development of 1363 sq km in Trincomalee into a centre for tourism, leisure and exports.
Read More



Reach out to over 12000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

Multi-modal Connectivity



Indian Railways introduced dwarf containers and a new delivery model


NDTV. 9 July. 5 minute read.
The Indian Railways has launched a new delivery model that uses double-stack dwarf containers that have a capacity of 30,500 kgs to capture a greater share of the domestic cargo. The maiden commercial run of the new service was flagged off on July from Rajkot railways station loaded with 82 containers carrying polypropylene granules.
Read More



Driverless train completes first iron ore delivery in Australia


Railway Gazette. 13 July. 7 minute read.
Rio Tinto, the leading metals and mining company, carried out its first iron ore delivery using an autonomous train. The driverless train carried 28,000 tonnes of iron ore between Western Australia's Mount Tom Price mine and the Cape Lambert port, a distance of over 280 km.
Read More



Indian coastal shipping firms could flag out and register in foreign territories if benefits are scrapped


Live Mint. 11 July. 8 minute read.
Two of India's largest shipping lines, Great Eastern Shipping and Shreyas Shipping, are considering the option of registering in foreign territories if the Indian government eases the cabotage rule to allow foreign ships to pick up containers along the Indian coast. As per the Cabotage rule, only Indian shipping lines are permitted to carry export-import containers for trans-shipment on domestic routes.
Read More

Shipbuilding, Ship Repair & Recycling



South Korea and India looking to collaborate on shipbuilding


Maritime Executive. 9 July. 4 minute read.
South Korea wants to contribute actively to the "Make in India" policy and looks to collaborate with India in the area of shipbuilding. The overall size of trade between the two countries amounted to USD 20 Bln last year, a relatively small size compared to trade between other large economies.
Read More



India’s Cochin Shipyard concludes agreement to build ships for inland waterways


Business Standard. 13 July. 4 minute read.
Cochin Shipyard will design, build and Supply ten Ro-Ro Vessels as per a recently signed agreement with Inland Water Authority of India (IWAI). All the ten vessels, expected to be delivered within 18 months will be deployed in various strategic locations in National Water Ways 1, 2 and 3.
Read More



Bangladesh begins recycling first ship in accordance with Hong Kong Convention



Maritime Executive. 11 July. 5 minute read
In a welcome first for the Bangladesh Ship Recycling industry, its PHP Shipbreaking and Recycling Industries has got its first vessel to be recycled in accordance with the Hong Kong Convention. The Hong Kong Convention lays out regulations for ship recycling to ensure that end-of-life ships do not pose any unnecessary risks to human health, safety and the environment.
Read More

Maritime and Logistics Conversations

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Maritime & Logistics Investments



China COSCO shipping secures US security clearance for its USD 6.3 Bln OOIL deal



Reuters. 8 July. 5 minute read.
China’s COSCO Shipping has obtained security clearance from a key U.S. review body for the former's USD 6.3 Bln buyout of the shipping firm Orient Overseas International Ltd (OOIL). The event gains significance in light of the concerns that the US-China trade war may impact regulatory approvals for major deals between the firms of the two countries.
Read More





CMA CGM secures approval for its USD 380 Mln investment in CEVA Logistics


The Loadstar. 11 July. 3 minute read.
Shipping major CMA CGM has received the regulatory go-ahead for its acquisition of 24.99% stake in Ceva Logistics. The CMA CGM bid follows a refinancing push by debt-ridden Ceva.
Read More





India’s Allcargo looking to raise USD 142 Mln to fund Logistics Parks



The Hindu BusinessLine. 11 JULY. 5 minute read.

Allcargo Logistics, one of India's leading logistics service providers, is is looking to raise as much as USD 142 Mln to finance its expansion into multi-modal logistics parks. The company's expansion plan includes large format warehouses, rail-linked inland container depots and private freight terminals. To begin with, it plans to build India’s largest multi-modal logistics park at Jhajjar in Haryana.
Read More


Free Zone & Logistics World





Three regions identified in Myanmar-China border for SEZ project


Eleven Myanmar. 14 July. 3 minute read.

Myanmar's Kanpiketi, Muse and Chinshwehaw regions situated along the Myanmar-China border have been earmarked for an economic zone project. Last year, Myanmar signed an MoU with China to develop the border economic zone project with a view to increase investments and create more business and job opportunities.
Read More





Bangladesh offers Singapore 500 Acres land in SEZ



Dhaka Tribune. 11 July. 4 minute read.

Bangladesh has offered 500 acres of land in a special economic zone (SEZ) to Singapore to set up businesses, especially agro- and food-processing industries to begin with. The government would gradually increase the area of land as more Singaporean businessmen benefit by setting up their industries and take advantage of the country's position as a bridge between the East and West Asia.
Read More





Philippines Cagayan Economic Zone Authority issued licenses to 3 crypto currency exchanges


Cointelegraph. 11 July. 5 minute read.

The Philippines' Cagayan Economic Zone Authority (CEZA) has issued provisional approval to three cryptocurrency exchanges in its economic zone, expecting to attract USD 3 Mln of investment following the approval. The Philippine government plans to allow 10 blockchain and cryptocurrency companies to operate in the economic zone to create jobs and boost the economy.
Read More

Automation & Training





Wilhelmsen and Airbus partner to bring drone deliveries to Singapore Port


Port Technology. 13 July. 5 minute read.

Wilhelmsen Ships Service and Airbus have signed an MoU for the purpose of introducing drone deliveries to the port of Singapore. Test flights, slated to begin in the third quarter of this year will deliver spare parts, documents, water test kits and 3D printed consumables to vessels at anchorage.
Read More





Poland is investigating the use of hydrogen as fuel for freight trains


Rail Journal. 10 July. 2 minute read.

The Polish coal mining company JSW and national rail freight operator PKP Cargo have agreed to analyse the use of hydrogen as a fuel for rail freight. If proven feasible, the companies plan to produce new types of hydrogen-powered locomotives with an aim to reduce consumption of energy, carbon emissions and create investment opportunities through the initiative.
Read More





India’s Tata Motors acquires 26% stake in a tech based freight aggregator TruckEasy


Live Mint. 10 July. 6 minute read.

Tata Motors, one of India's largest automotive multi-nationals, has acquired a 26% stake in TruckEasy, an online freight aggregator owned by a Bengaluru-based logistics start-up, Loginomics Technologies Solutions Pvt. Ltd. TruckEasy provides intra-city logistics solutions in Bengaluru and claims to serve over 8,000 customers through more than 3,000 driver partners
Read More


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