Maritime & Logistics Weekly – Week # 26. India joins EU in retaliatory tariffs. Voice technology could be the interface in supply chain. 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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29 Jun 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.

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

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 – The USA’s tough stance on trade tariffs continues to influence global trade. India joined EU in imposing retaliatory tariffs on US exports and the US-China trade issues will have an impact on various shipping segments. CMA CGM will acquire European shortsea shipping Co-Containerships.

Maritime & Logistics Infrastructure – Canada and Ghana will see newer expansions of port infrastructure. Canada’s Port of Prince Rupert and UAE’s DP World agreed on expansion and Ghana’s Tema port expansion moved forward with securing of the first tranche of USD 667 Mln. India will commission Iran’s Chabahar Port by 2019.

Multi-modal Connectivity – Several new connectivity initiatives were announced last week. China announced plans to build a railway route connecting Tibet with Nepal and Hyperloop TT concluded an agreement to develop transport system in Ukraine. India’s Kolkata Port is betting on the transloading of cargo supported by inland waterways.

Shipbuilding, Ship Repair & Recycling – Daewoo shipbuilding expects USD 9 Bln earnings in 2018. India’s Cochin Shipyard is expected to grow at 11% CAGR for the next years. South Korea’s Sungdong Shipbuilding is looking for new owners.

Maritime & Logistics Conversations

Maritime & Logistics Weekly now has over 10,000 followers on LinkedIn, Facebook, and Twitter. We post weekly updates on social media that are generating good conversations. We invite you to join the conversations and share the updates with your colleagues and peers.

Readers interested in exploring opportunities for collaboration and marketing exposure are invited to 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 – Investments in maritime and logistics continue. China paid the final tranche of USD 584 Mln to Sri Lankan Port Authority for the 99-year lease of Hambantota Port. Macquarie Fund expects the revival of South Korea’s shipbuilding industry. Ethiopia and Somalia agreed to jointly invest in four ports.

Free Zone & Logistics World – The contribution of India’s SEZs to the country’s export earnings is on the rise. India’s exports from Special Economic Zones (SEZ) increased 38% in May 2018. Latecoere, the French aircraft wiring major, will set up a plant in Bangalore’s Aequs SEZ. India’s Mahindra World City inaugurated a Multi-product SEZ.

Automation & Training – Voice technology could become a fundamental element of supply chains of tomorrow. Indian Institute of Technology Madras is developing technology for ports and waterways. Deployment of drones will bring about benefits as well as risks for ports.

Have a great week ahead!
Subhasis


Global Trade & Logistics





India joined EU in imposing retaliatory tariffs on US exports



WSJ. 21 June. 6 minute read.

India raised import duties on more than two dozen goods including almonds, apples and some metal products in response to Trump administration’s tariff hikes on steel and aluminum. The U.S.-India trade was USD 114 Bln in 2016 – India is the world’s biggest buyer of U.S.-grown almonds.
Read More



CMA CGM to acquire European shortsea shipping Co-Containerships


The Loadstar. 20 June. 4 minute read.
CMA CGM has signed an agreement with Container Finance to acquire Containerships, a European shortsea specialist. Containerships has strong market presence in the Baltic markets, North Africa, Northern Europe, Russia, and Turkey and owns stakes in box terminals in Finland and Russia.
Read More



Opinion-Impact of US-China trade issues on shipping


Hellenic Shipping News. 22 June. 5 minute read.
The opinion piece analyses the impact of US-China tariff war on the shipping industry. With China reducing the purchase of US sourced crude oil, Aframaxes will gain and VLCCs will lose business. The impact on dry bulk shipping, however, will be muted. Read More

Maritime & Logistics Infrastructure



India looking to commission Iran’s Chabahar Port by 2019


NDTV. 22 June. 2 minute read.
India looks to make Chabahar Port operational by 2019, even as the threat of new US sanctions against Iran looms large. The Chabahar port of Iran will provide a new transportation corridor for Afghanistan and pave the way for millions of dollars in trade.
Read More


Canada’s Port of Prince Rupert and UAE’s DP World agree on expansion

Ship Technology. 21 June. 5 minute read.
DP World and Canada’s Port of Prince Rupert have agreed on a plan to build the next phase of the DP World Prince Rupert Fairview Container Terminal expansion by 2022. The expansion of the new phase, scheduled to begin next year, will increase the terminal’s annual throughput capacity to 1.8 TEUs.
Read More


Ghana’s Tema port expansion moves forward, secures I st tranche of USD 667 Mln

Myjoyonline. 18 June. 5 minute read.
The expansion of Ghana’s Tema port will enable it to accommodate some of the world’s largest container ships, improve cargo handling and expand trade flows and links across West Africa. Meridian Port Services (MPS), the company handling the expansion project, has received its first USD 100 Mln of the USD 667 million finance package.
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



China to build railway connecting Tibet with Nepal


The Peninsula Qatar. 22 June. 6 minute read.
China will build a railway line connecting the Tibetan city of Xigaze with Nepal’s capital, Kathmandu. China wants to work with Nepal to develop a connectivity network that includes sectors such as aviation, trading ports, highways and telecommunications.
Read More



Hyperloop TT concluded agreement to develop transport system in Ukraine


Construction Business News. 19 June. 5 minute read.
Ukraine signed an agreement with Hyperloop Transportation Technologies (HyperloopTT) to begin the construction of a commercial Hyperloop system. The first phase of the project will consist of a 10km track that will serve as a pilot project for a broader Hyperloop network.
Read More



India’s Kolkata Port betting on transloading of cargo supported by inland waterways


Business Standard, 21 June. 7 minute read,
The Kolkata Port Trust (KoPT) is betting on transloading as dredging subsidies from the Centre are drying up. The integration of transloading to transport cargo closer to final destination through inland waterways can be a game changer for the port.
Read More

Shipbuilding, Ship Repair & Recycling



Daewoo shipbuilding expects USD 9 Bln earnings in 2018


The Guardian. 20 June. 3 minute read.
Daewoo Shipbuilding is likely to receive USD 7 Bln worth of orders and earn about USD 9.1 Bln in sales this year. At the same time, it will need to address challenges emanating from rising shipbuilding plate prices and the South Korean won’s value against the dollar, likely to affect the vessels’ export prices.
Read More



India’s Cochin Shipyard is expected to grow at 11% CAGR for the next years


DNA India. 18 June. 10 minute read,
Cochin Shipyard Ltd expects a compounded annual growth rate of 11 percent over the next couple of years. Additionally, it is in the process of expanding capacity with the setting up of ship repair facilities at Mumbai Port and Kolkata Port.
Read More



South Korea’s Sungdong Shipbuilding seeks new owners



Splash247. 22 June. 3 minute read.
Sundong Shipbuilding, which once ranked among one of the world’s top shipbuilders, is looking to sell the shipyard to new owners. It was reported earlier this year that Sundong is unlikely to survive on its own even if it retrenches workers and receives financial aid.
Read More

Maritime and Logistics Conversations

Maritime & Logistics Weekly now has over 10,000 followers on LinkedIn, Facebook, and Twitter. We post weekly news updates on social media that are generating good conversations. We invite you to join the conversations and share the updates with your colleagues and peers.

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.

Share this. Choose your platform!

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



China pays final tranche of USD 584 Mln to Sri Lankan Port Authority for 99 yr lease of Hambantota Port



Caxin Global. 21 June. 5 minute read.
China made the third and final tranche of the payment of the USD 1.1 Bln deal that gives it access to the Hambantota deepwater port. The port holds a key strategic place in China’s Belt and Road Initiative, which entails building a network of ports to accelerate economic growth in the region.
Read More





Macquarie Fund expects revival of South Korean shipbuilding


Bloomberg, 4 June, 7 minute read.
Macquarie Fund expects a turnaround of South Korea’s shipbuilding industry this year, based on the performance of major shipbuilders. The prediction takes into account the uptick in prices of ships and order quantities across the global shipbuilding industry.
Read More





Ethiopia and Somalia agree to jointly invest in four ports



All Africa. 16 June. 8 minute read.

Ethiopia and Somalia have agreed on joint investments in four key sea ports between the two countries, and the construction of the main road networks that would link the two countries. A joint technical team will be constituted to draft the details and timelines for the project.
Read More


Free Zone & Logistics World





India’s exports from Special Economic Zones (SEZ) rise 38% in May 2018


Economic Times. 21 June. 5 minute read.

India’s SEZ exports increased by 38 per cent in May to USD 4.3 Bln with sectors such as biotech, chemicals, pharmaceuticals, computers, and electronics contributing to the growth. The UAE, the US and Saudi Arabia were the major export destinations.
Read More





French aircraft wiring major Latecoere to set up plant is Bangalore’s Aequs SEZ



Millennium Post. 19 June. 3 minute read.

Latcore Groupe, one of the biggest aircraft wiring companies in the world, will set up its production facility at Bengaluru’s Aequs Special Economic Zone. The company will construct a 4,000 square metre facility with an aim to benefit from the existing aerospace ecosystem at Aequs.
Read More





India’s Mahindra World City, Jaipur inaugurated its Multi-product SEZ


Equity Bulls. 20 June. 5 minute read.

Mahindra World City, a 3,000-acre integrated business city situated in Jaipur, India saw the inauguration of a multi-product SEZ. The occasion was marked by the signing of MoUs with Sigma Electric, an exporter of castings and precision-machined components and Aro Granite, a processed granite exporter.
Read More

Automation & Training





Indian Institute of Technology (IIT) Madras developing technology for ports and waterways


Economic Times. 19 June. 6 minute read.

The IIT Madras National Technology Centre for Ports, Waterways & Coasts is in the process of developing indigenous technology and expertise for India’s port and maritime sector. Some of the projects include building of autonomous platforms for navigational and water-quality monitoring, night-time navigation in inland waterways, and new concepts in breakwaters.
Read More





Drone deployments can help a port succeed and require risk management.


Port Strategy. 21 June. 10 minute read.

Deployment of drones in ports can bring immense benefits as well as risks that the ports have never faced before. With more advanced drones, ports have come to realise improvement in safety, productivity and cost efficiency. On the other hand, ports are ill-equipped to defend themselves against drone attacks that have been reported in war-torn regions like Syria.
Read More





Opinion-Voice technology could be the interface between humans and supply chain technology


Logistics View Points. 21 June. 7 minute read.

Voice, which can bridge technology and people, could become an integral element of the supply chain of tomorrow. It can help supply chain organizations meet with challenges such as rising customer expectations, stressed logistics systems and deconsolidating networks.
Read More


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