Business Insights Curated From The Maritime & Logistics Ecosystem – Maritime Weekly -Week #11




Maritime Weekly
Business insights for maritime and logistics executives.

16 March 2018


Dear {{Name}}
Greetings from Maritime 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 15,000 senior executives and officials from the global maritime and logistics ecosystem benefit from the insights shared by Maritime Weekly. Key news items for each industry sector, are available at our website www.maritime-weekly.com

Reach out to over 15,000 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

Trade Lanes – Eleven countries concluded Trans-Pacific Trade Agreement. Trade war to impact shipping.Denmark to grow fleet by 10% by 2021.

Maritime Infrastructure – US Ports could be impacted by tariff retaliation. Philippines-headquartered ICTSI to expand 4 container terminals, investing USD 212 Mln. India’s Kolkata Port Trust plans river terminal and Special Economic Zone on river Ganga.

Multimodal Connectivity – China Europe trade boosts growth of rail cargo transportation. India formed Inter Ministerial Group to augment coastal shipping of coal and commodities. India’s major ports to form SPVs to develop 111 rivers as waterways.

Shipbuilding and Ship Repair – South Korean Shipbuilders received increased orders. COSCO Shipping ordered 2 car carriers at Beihai. Japan’s Oshima Shipbuilding develops new eco-fuel.

Reach out to over 15,000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com

Maritime Capital – PSA inducted strategic partners for its Indian assets. Nigeria sought USD 2 Bln investment to revive Lagos-Kano rail connectivity. US Port of New Orleans plans USD 1 Bln container terminal and logistics centre.

People and Technology – Walmart to develop shipping system based on blockchain. Uber’s self-driving trucks are delivering freight in Arizona, US. COSCO Shipping Ports entered into subscription agreement of Navis terminal operating system.

Leisure and Cruise – Norwegian Cruise Line to develop new cruise terminal at Port Miami. Ritz-Carlton to differentiate in the cruise shipping experience. India’s New Mangalore Port received two cruise ship calls.

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


Global Maritime Trade





11 Countries conclude Trans-Pacific Trade Agreement


South China Morning Post. 09 March. 4 minute read
Trade ministers of 11 nations signed Trans-Pacific free trade agreement just hours before the US President declared his plans to impose new tariffs on aluminium and steel. The renegotiated pact signed in Chile was renamed as the Comprehensive and Progressive Trans-Pacific Partnership, or CPTPP. Read More



Opinion- Trade War could impact shipping


Seeking Alpha. 05 March. 8 minute read
President Trump’s announcement of his intention to impose 25% tariff on steel and a 10% tariff on aluminium came as the latest salvo in an upcoming trade war that could not only hurt the global commodities markets but also maritime trade that carries over 90 percent of the world’s trade. Read More



Denmark looking to grow fleet by 10% by 2021


Seatrade Maritime News. 01 March. 3 minute read
Copenhagen unveiled details of a new fleet growth strategy which aims at 10% growth by 2021. Stated goals include a 10% increase in the number of vessels, the safeguarding of an equivalent number of seafarers’ jobs, and an increase in the number of well-paying shore-based shipping jobs. Read More

Maritime Infrastructure


US Ports could be impacted by Tariff Retaliation

The WSJ. 09 March. 5 minute read
Officials at important U.S. trade gateways are worried that Washington’s tough stand on steel and aluminum imports could impact domestic sectors right from automotive to agriculture. Retaliatory measures taken by US’ trade partners can worsen the situation in these sectors. Read More


Philippines Headquartered ICTSI to expand 4 container terminals, investing USD 212 Mln

Manila Standard. 08 March. 4 minute read
Port operator International Container Terminal Services Inc. has set aside $212 million to expand the Manila port in Manila and three other projects overseas. Other than Manila Port, ICTSI would use the capex for new and existing projects Operadora Portuaria Centroamericana S.A. de C.V. in Honduras, Basra Gateway Terminal in Iraq and Contecon Manzanillo S.A. in Mexico. Read More


India’s Kolkata Port Trust plans river terminal and Special Economic Zone on river Ganga

The Hindu Businessline. 08 March. 3 minute read
KoPT plans to set up a terminal-cum-economic zone at Balagarh, about 40 km upstream of Ganga, in Hooghly district, West Bengal to captialise on the World Bank-supported Rs 5,369-crore Jal Marg Vikas project. As part of Jal Marg project, the Inland Waterways Authority of India is developing an all weather fairway on Ganga from Varanasi to Haldia (National Waterway-I). Read More



Reach out to over 15,000 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 Europe trade supporting growth of rail cargo transportation

Bloomberg. 07 March. 5 minute read
China’s bid to revive European trade links through Silk Road is benefitting the freight rail sector. During the first half of 2017, the value of cargo moved by rail between between China and Europe shot up by more than 140 percent. Read More


India forms Inter Ministerial Group (IMG) to augment coastal shipping of coal and commodities

Steelguru. 09 March. 3 minute read
An IMG constituted to facilitate and boost coastal shipping of coal and other commodities has been constituted under the Ministry of Shipping. The IMG, among other things, will periodically review and approve the implementation roadmap to achieve the agreed targets. Read More


India’s major ports to form SPVs to develop 111 rivers as waterways

Economic Times. 04 March. 5 minute read
In a move that promises to boost inland water transport, India’s top 12 major ports will create SPVs to develop 111 rivers as waterways. The decision follows Parliament’s 2016 nod given to convert 111 rivers across the country into National Waterways, over the existing 5 NWs. Read More

Shipbuilding and Ship Repair


South Korean Shipbuilders are securing increased orders

Hellenic Shipping News. 06 March. 7 minute read
Anticipating an end to slow growth in shipbuilding industry, experts indicate recovery in Korean shipbuilders’ business performance post H2 2018.Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering cumulatively crossed one trillion ton in orders this year. Hyundai, on its part, expects to complete 50% of its order target by first quarter-end.
Read More


COSCO Shipping places orders for 2 car carriers at Beihai

Splash 247. 08 March. 1 minute read
Cosco Shipping Specialized Carriers, the SPV unit of China’s Cosco Shipping , placed an order at Qingdao Beihai Shipbuilding Industry for the construction of two 2,200 ceu car carriers. The carriers, to be delivered in 2019, will be used for domestic vehicle services.
Read More

Japan’s Oshima Shipbuilding develops new eco-fuel
Splash 247. 07 March. 3 minute read
Oshima Shipbuilding is developing Super Eco Fuel, a new fuel type produced by mixing light cycle oil with GTL and water, which will meet the most stringent NOX and SOX requirements. The Super Eco Fuel will not require any new installations, making it ideal for retrofitting to existing ships. Read More

Maritime Exhibitions, Conferences and Conversations


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Reach out to over 15,000 maritime and logistics professionals world wide. Send us your news/ press releases to our news desk at: editorial@maritime-weekly.com


Maritime Capital

PSA inducts strategic partners for its Indian assets
The Hindu Businessline, 28 February, 5 minute read
Singapore’s global port operator PSA International has inducted strategic partners in some of the container terminals it runs in India that include Chennai Port Trust, VO Chidambaranar Port Trust, Kolkata Port Trust, JNPT and Kakinada port. PSA, one of the top three global container terminal operators, has invested over $2 billion in these terminal assets in India. Read More


Nigeria seeks USD 2 Bln investment to revive Lagos-Kano rail connectivity

IOL, 09 March, 4 minute read
Nigeria seeks investment revive the Lagos-Kano railway line as part of efforts to boost trade along the Northern and Southern zones, particularly for movement of cargo from Apapa port to Kano. The Nigerian govt, in partnership with GE, is proposing to invest in the project to boost trade growth in the region. Read More

US Port of New Orleans plans USD 1 Bln container terminal and logistics centre
Port Strategy, 02 March, 4 minute read
Port NOLA is in talks with the Meraux Foundation about doing a feasibility study for a container terminal and logistics centre. The logistics hub, to be built on the Sinclair Tract site in Meraux, aims to attract and benefit businesses that rely on port access. Read More


People & Technology


Walmart plans to develop shipping system based on blockchain

Digital Journal, 05 March, 5 minute read
Walmart has filed a patent application for a “smart package” that would operate on private blockchain tech developed by the retail giant. The smart package will enable the company to track products, better authenticate customers, even detect and update the status when a package is opened. Read More

Uber’s self-driving trucks are already delivering freight in Arizona, US
The Verge. 06 March, 4 minute read
Uber has announced that it is now operating its fleet of self-driving trucks via its freight-hauling app in Arizona. Uber is using a transfer hub model where the self-driving trucks drive on the highway and human drivers take over for the last miles. Read More


COSCO Shipping Ports enters into subscription agreement of Navis terminal operating system

AJOT. 09 March, 3 minute read
COSCO has announced entry into a subscription agreement with Navis for its N4 terminal operating system to further improve the efficiency of its port operations. N4, the flagship system of Navis, is a part of Cargotec Corporation. It provides operational tech and services that are deployed by leading organisations across the shipping supply chain. Read More

Leisure & Cruise


Norwegian Cruise Line plans to develop new cruise terminal at Port Miami

Miami Herald, 07 March, 8 minute read
Miami-based Norwegian Cruise Line Holdings has announced plans to build a new terminal at the port by fall 2019. The cruise terminal, located next to Miami-based Royal Caribbean Cruises’ new Terminal A, is set for completion by November 2018. Read More


Ritz-Carlton looking to differentiate in the cruise shipping experience

Business Standard, 09 March, 6 minute read
Ritz-Carlton, Marriott International’s flagship luxury brand, intends to bring a whole new dimension to the ocean experience with yet-to-be named cruise concept that was unveiled last year. Cruises will be up for sale to the public starting June 11. Read More


India’s New Mangalore Port receives two cruise ship calls

The Hindu BusinessLine, 04 March, 2 minute read
Two cruise vessels called at New Mangalore Port recently. MV Costa Victoria with 1,771 passengers and 809 crew members and MV Insignia with 612 passengers and 407 crew members called at the New Mangalore port recently. These are the 19th and 20th cruise ships calling at the port fiscal 2018. Read More


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