Demand For Dry Bulk And LCL Increasing, India-Indonesia To Build Indian Ocean Ports, And More. MLW #Week 23





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8 June 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 maritime and logistics ecosystem, once a week to support you in making informed decisions in the week ahead.

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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

What is topical this week

Global Trade & Logistics – Demand in several sectors is showing signs of recovery. The Dry-bulk shipping industry is recovering with a modest growth in demand. The demand for LCL shipping is increasing due to the changing nature of trade. However, impending trade sanctions on Iran & Russia could impact growth in container shipping.

Maritime & Logistics Infrastructure – Infrastructure development appears to be picking up in various regions. India and Indonesia have announced plans to develop ports in the Indian Ocean. Oman’s Sohar Port will develop a mineral terminal to support economic growth. Abu Dhabi Ports will develop a new Ro-Ro terminal at the Khalifa port.

Multi-modal Connectivity – India saw heightened activity in the area of multimodal transport. While India’s leading container rail operator CONCOR announced new bids that marked its foray into coastal shipping, the Indian govt announced a new 590 kms waterway connecting Gujarat and Rajasthan. Meanwhile in Northern Europe, the Baltic States agreed to launch a jointly-managed intermodal rail service.

Shipbuilding, Ship Repair & Recycling – While Japan expressed concerns over the continued state support for the Chinese and Korean shipbuilding industries, the International Ship Recycling Association (ISRA) urged China to reconsider its ban on recycling foreign vessels. On the front of newer initiatives, Oman Dry Dock is likely to announce its plans to enter the shipbuilding market.

Maritime & Logistics Conversations

Maritime & Logistics Weekly participated in the 1st Indo-Dutch Forum on Smart & Sustainable Port-led Development, organised by the Consulate General of Netherlands and CII. Topics discussed included the digitization of ports, dredging, inland waterway development and logistics among others.

Readers interested in exploring opportunities for collaboration and marketing exposure are invited to connect connect@maritime-world.com

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

Maritime & Logistics Investments – Malaysia’s USD 14 Bln China-led rail project has escaped the fate of many other infrastructure projects awarded under the previous regime. An expert from World Bank posited that India needs to prioritise investment in connectivity over ports. Meanwhile, state-owned New India Assurance launched an insurance cover for coastal and inland vessels.

Free Zone & Logistics World – Chinese businesses will invest USD 10 Bln in South Africa’s Limpopo Special Economic Zone. Belarus initiated the development of a free trade zone between Eurasian Economic Union (EAEU) and India. Alibaba’s logistics affiliate Cainiao will set up 5 new global hubs in Asia, Europe and Middle East.

Automation & Training – Ocean-going drones have given rise to one of China’s hottest start-ups. Industry’s bid to adopt Block chain to improve processes received another fillip when Dubai announced plans to create a Block chain-based platform to serve global trade. Mitsubishi Shipbuilding develops SOX emission reduction system.

Have a great week ahead!
Subhasis


Global Trade & Logistics





Trade Sanctions on Iran & Russia could impact growth in container shipping



Global Trade. 1 June. 3 minute read.

Greater trade sanctions on Iran and Russia due to strained relations between the US and the two countries could impact the global container shipping trade. Maersk Line and MSC have announced that they won’t accept bookings or payments from any entity placed on the US Treasury sanction’s list.
Read More



Dry-bulk shipping industry recovering with modest demand growth and subdued scrapping


Hellenic Shipping News. 1 June. 4 minute read.
The dry bulk shipping industry is witnessing better-than-expected growth in demand even as growth in ordering and scrapping remain lacklustre. The three main size-based segments moved from loss-making average earnings seen last year to moderate profits in the first four months of 2018. Dry bulk demolition fared the worst during the first four months as it was down by 73% compared to the same period last year.
Read More



Demand for LCL shipping increasing due to the changing nature of trade


JOC. 26 May. 8 minute read.
Emerging trends such as rise of e-commerce, tech-driven supply chain monitoring and optimisation are propelling the demand for Less Than Container Load (LCL) shipping. Data shows that US imports of less than one TEU in Q1 increased almost 10 percent compared with a 1.3 percent fall during the same time last year. Read More

Maritime & Logistics Infrastructure



India and Indonesia to develop ports in the Indian Ocean


Channel News Asia. 30 May. 9 minute read.
Indonesia and India plan to step up cooperation in the defence and maritime sectors and develop a strategic Indonesian naval port in the Indian Ocean. India’s decision to work closely with Indonesia in these sectors emanates from its “Act East” policy of developing stronger ties with the Association of Southeast Asian Nations (ASEAN).
Read More


Oman’s Sohar Port to develop mineral terminal

Port Technology. 30 May. 3 minute read.
Sohar Port and Freezone, Oman, has joined hands with Marafi Sohar to develop and operate a new mineral aggregate terminal at the Sohar port. The mineral terminal will be developed on a section of the port’s bulk terminal number 25, and will have an annual loading capacity of 8 million tonnes on completion.
Read More


Abu Dhabi Ports to develop a new Ro-Ro terminal at Khalifa port

MEED. 29 May. 5 minute read.
Abu Dhabi Ports plans to build an artificial island at Khalifa Port that will cater to Roll-On/Roll-Off (Ro-Ro) ships. The project, a part of Khalifa Port’s five-year expansion plan, will create 2.5 Km of berth exclusively for ships carrying wheeled cargo.
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



India’s leading container rail operator CONCOR set to enter coastal shipping


Hellenic Shipping News. 2 June. 4 minute read.
Container Corporation of India Ltd (Concor), India’s top container train operator, has invited bids to hire two Indian flag vessels of 22,000 DWT each. Concor’s decision to diversify into the coastal shipping business is a part of its strategy to strengthen infrastructure along the East-Coast and West-Coast Corridors.
Read More



Baltic States agree to launch jointly managed intermodal rail service


International Railway Journal. 31 May. 3 minute read.
Estonia’s freight operator EVR Cargo, Latvia’s LDZ Logistika, and Lithuanian Railways have signed an agreement to launch an intermodal freight service called Amber Train. The intermodal service will enable the transhipment of containers to standard-gauge trains and provide a fast and reliable rail freight connection between western and northern Europe.
Read More



India plans new 590 kms waterway connecting Gujarat and Rajasthan


Times Of India. 31 May. 3 minute read.
India has proposed a USD 1.49 Bln project to develop a 590-km inland waterway connecting Gujarat and Rajasthan. The proposed inland waterway no. 48 will connect Kori Creek area in the Rann of Kutch to Rajasthan.
Read More

Shipbuilding, Ship Repair & Recycling



State support for the Chinese and Korean shipbuilding industries, makes Japan anxious


Steel Guru. 30 May. 6 minute read.
Japan has expressed concern over the state support that China and South Korea have continued to provide to their struggling shipbuilding industries. The two countries have been providing unwavering public-sector assistance to their leading shipbuilders of the likes of Daewoo Shipbuilding & Marine Engineering and CSSC that have suffered losses due to overcapacity and supply glut.
Read More



Oman Dry Dock looking to enter the shipbuilding market


Marine Log. 1 June. 4 minute read.
Oman Drydock Company (ODC) could announce its foray into the shipbuilding market at Posidonia 2018, the international shipping exhibition to be held on June 4-8 in Athens, Greece. ODC aims to provide services for ship repair and conversion operations of commercial tonnage and naval vessels as well as deliver small units such as OSVs, tugs and barges to the global shipbuilding market.
Read More



The International Ship Recycling Association ( ISRA) urges China to reconsider its ban on recycling foreign vessels



Splash247. 30 May. 5 minute read.
China’s decision to ban the import of vessels for scrapping will impact the global ship recycling capacity as China ranks fourth in the world in shipbreaking volumes. ISRA has urged China to rethink its decision citing it as the start of a negative trend.
Read More

Maritime and Logistics Conversations

Maritime & Logistics Weekly had the opportunity to participate in the 1st Indo-Dutch Forum on Smart & Sustainable Port-led Development. The forum was organised by the Consulate General of Netherlands along with Confederation of Indian Industry (CII), on the occasion the visit of the Dutch Minister for Infrastructure & Water Management, Ms Coravan Nieuwenhuizen to Mumbai and held discussions on topics including the digitization of ports, dredging, inland waterway development, hinterland logistics, cruise tourism, financing, etc.

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.

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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


Maritime & Logistics Investments



State owned New India Assurance launches insurance cover for coastal and inland vessels



Hellenic Shipping News. 2 June. 2 minute read.
India’s public-sector general insurance company New India Assurance (NIA) has launched a protection and indemnity (P&I) cover for the inland and coastal vessels. NIA will cover vessels in Indian waters including dry cargo, tugs barges among others. This is the first time that any Indian insurance player has forayed into the segment dominated by international players.
Read More





Opinion-India needs to prioritise investment in connectivity over ports


Hindu Business Line. 28 May. 4 minute read.
India must prioritise the building of multi-modal connectivity to existing ports over the development of new deep-sea ports that it has forged ahead with as part of the Sagarmala programme, said a World Bank expert. Many new ports built with private investments have added to the capacity while existing ports are struggling for cargo due to weak global trade.
Read More





Malaysia continues support for USD 14 Bln China led rail project



Nikkei Asian Review. 1 June. 4 minute read.

Malaysia will proceed with the China-funded USD 14 Bln East Coast Rail Link project even as Malaysia, under the new government, seeks to roll back many projects awarded under the previous regime. China’s state-owned Export-Import Bank will provide 85% of the financing through a 20-year soft loan at an annual interest rate of 3.25%.
Read More


Free Zone & Logistics World





Chinese businesses to invest USD 10 Bln in South Africa’s Limpopo Special Economic Zone


The Citizen. 26 May. 4 minute read.

Nine Chinese companies have committed to investing more than USD 10 Bln in South Africa’s Musina-Makhado SEZ based in the Limpopo province. The SEZ is being developed by the government with a view to create business and employment opportunities for the people of Limpopo’s Vhembe district.
Read More





Belarus initiates the development of a free trade zone between Eurasian Economic Union (EAEU) and India



Belarus News. 1 June. 3 minute read.

Belarus has initiated the development of a free trade zone between the Eurasian Economic Union (EAEU) and India. The Belarusian government is seeking the active participation of Indian companies in the ambitious project, which is being implemented by Bremino Group.
Read More





Alibaba’s logistics affiliate Cainiao to set up 5 new global hubs in Asia, Europe and Middle East


Pandaily. 31 May. 3 minute read.

Cainiao Network Technology Co., the logistics affiliate of Alibaba Group plans to open five new global hubs in Asia, Europe and Middle East. Dubai, Hangzhou, Kuala Lumpur, Liège (Belgium) and Moscow are the five cities that are being considered.
Read More

Automation & Training





Dubai creates a Block chain based platform to serve global trade


Cryptovest. 31 May. 4 minute read.

As part of its 10X strategy, Dubai will develop the Digital Silk Road project, a Block chain-based platform that aims to improve global trade. The project will deploy Block chain to support transparency in supply chain management, speed up transactions, enhance security and minimize trade in counterfeit goods, among other objectives.
Read More





Mitsubishi Shipbuilding develops SOX emission reduction system


Ship Technology. 1 June. 3 minute read.

Mitsubishi Shipbuilding has launched a program, called the Active Funnel system, to help container vessel operators reduce sulphur oxides (SOx) emissions. The Active Funnel system is expected to lower the sulphur content in the vessels’ exhaust gas from 3.5% to 0.1%, which will help the operators meet the new SOx emission norms expected to be effective from 1 January 2020.
Read More





Ocean going drones propel one of China’s hottest start-ups


The Business Times. 29 May. 11 minute read.

Oceanalpha Co, China’s hottest drone start-up, valued at USD 780 Mln, has sparked the interest of some of China’s biggest venture capitalists. The start-up, founded by Zhang Yunfei, came about from a University project that evolved to undertake prestigious govt initiatives such as the surveying of Tibetan lakes and testing river pollution among others.
Read More


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