Business Insights Curated From The Maritime & Logistics Ecosystem – Maritime Weekly -Week #13






30 March 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 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

Global Trade & Logistics -Reciprocal tariffs expected to impact container shipping and dry bulk trade. Shipping and Logistics is evolving with global trends. Transition deal for Brexit eased supply chain concerns.

Maritime & Logistics Infrastructure - India and Indonesia to deepen maritime infrastructure cooperation. Gulftainer is in talks to build and operate port in Wilmington, Delaware. Singapore Headquartered PSA grew despite economic disruption.

Multimodal Connectivity - Closer collaboration between Nordic ports could shift cargo from land to sea. Belarus-Lithuania rail freight volumes increased significantly in 2017. A Bangladesh-India meeting next month will finalise procedures for transit and trade.

Shipbuilding, Ship Repair & Recycling - An Australian shipbuilding project was at the centre of merger talks between European Shipbuilders. China’s Beihei Shipbuilding delivered a Very Large Ore Carrier. India’s L&T expected to win contract to build dry dock at Cochin.

Maritime & Logistics Conversations

Dear Reader,
In pursuance of requests from several readers,we are expanding the coverage of the newsletter to include insights from the Maritime & Logistics sector, including those from the world of Special Economic Zones (SEZ). From this issue onward we are happy to bring to you insights from these sectors. You may notice that we have also updated the logo to reflect the expanded coverage.
Happy reading!

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

Maritime & Logistics Investments - A Greek State concluded sale of its 2nd largest port to German consortium. DP World and India’s NIIF acquired Continental Warehousing. First Dry Bulk freight futures exchange-traded fund launched.

Free Zone & Logistics World - Exports from UAE Free Zones reached USD 61 Bln in 2017. Russia to set up Special Economic Zone in Zimbabwe. Flipkart to set up 80-acre logistics centre in Kolkata.

Automation & Training - Uber Freight offers incentives to mitigate shortage of drivers. A Consortium tested Accenture Blockchain solution for ocean shipping. Perspective-Outer Space as the final supply chain and logistics frontier.

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


Global Trade & Logistics





Reciprocal tariffs expected to impact container shipping and dry bulk trade


Hellenic Shipping News. 24 March. 06 minute read
Year 2017 was a remarkable year for global trade when it grew faster than the global economy. Thanks to the rising demand of semiconductors and far-reaching supply chains, the total trade volume rose 4.5 percent whereas the global economy expanded 3 percent. Read More



Shipping and Logistics is evolving with global trends


EBN Online. 14 March. 4 minute read
Globally, customer expectations on delivery have risen sharply With the rise of e-commerce and the shipping standards set by Amazon. Over the last five years, trends and developments such as Tax and duty visibility, decreased minimum order requirements in warehousing, and rising dependence on client notifications are greatly improving the supply chain and logistics landscape. Read More



Transition deal for Brexit eases supply chain concerns


JOC. 20 March. 5 minute read
A hard Brexit does not augur well for the UK-EU trade supply chains. This is a prospect that negotiators on both sides of the table are trying to avoid, in the face of the extra 21-month transition period. Read More

Maritime & Logistics Infrastructure


India and Indonesia looking to deepen maritime infrastructure cooperation

Economic Times. 19 March. 6 minute read
Govt and corporate representatives of India and Indonesia met on Monday in the first ever meet focused on increasing Indian participation in Indonesia's infrastructure development including the maritime sector. The Indonesian Coordinating Minister for Maritime Affairs welcomed the Indian companies to Indonesia and gave them an outline of Indonesia's investment climate. Read More


Gulftainer in negotiations to build and operate port in Wilmington, Delaware

The Inquirer. 23 March. 5 minute read
Gulftainer USA, a logistics company owned by Crescent Enterprises of the UAE, has been chosen to operate and expand the Port of Wilmington. The port's proposed container-loading facility could compete with facilities in Philadelphia and New Jersey on completion. Read More


Singapore Headquartered PSA grew despite economic disruption

Loadstar. 20 March. 6 minute read
Singapore's port operator PSA saw growth in container terminal business last year, despite market odds such as economic disruptions, rising protectionism and tough operating conditions. The operator handled 74.24m TEU, up 9.8% on 2016's performance. 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


Closer collaboration between Nordic ports could shift cargo from land to sea

Port News. 16 March. 5 minute read
By shifting a higher proportion of Norway-Gothenburg freight from land to sea, the Port of Gothenburg hopes to improve efficiencies in the intra-Nordic shipping, and at the same time reduce carbon emissions. The Port has seen a sustained growth in Ro-Ro operations over three years in succession with an increase of 10% over the past year alone. Read More


Belarus-Lithuania rail freight volumes increased significantly in 2017

Belarus News. 23 March. 6 minute read
The Belarus-Lithuania rail freight traffic saw a growth of 15% in 2017. Senior officials of Belarusian and Lithuanian Railways held talks in Minsk recently where they discussed ways to enable comfortable conditions for rail traffic between Belarus, Lithuania, and Russia's Kaliningrad Oblast. Read More


Bangladesh-India meeting next month expected to finalise procedures for transit and trade

Economic Times. 18 March. 3 minute read
A high-level meet between Indian and Bangladesh proposed next month is expected to finalise the Inland Water Transit and Trade (PIWTT) Standard Operating Procedures (SoP) between the two countries. The SoP terms will boost trade to the north eastern states and Bangladesh from Kolkata. Read More

Shipbuilding, Ship Repair & Recycling


Australian shipbuilding project at the centre of merger talks between European Shipbuilders

Defence Connect. 23 March. 7 minute read
Amid merger talks between Italy's Fincantieri and France’s Naval Group, Italy has urged Australia to play an important role in the European shipbuilding collaboration that would help it compete with the US and Chinese shipbuilding might. It also emerged that the Italian govt is pursuing talks with the UK govt on the future of Europe’s naval shipbuilding sector.
Read More


China’s Beihei Shipbuilding delivers Very Large Ore Carrier

Hellenic Shipping News. 24 March. 4 minute read
Shandong-based Qingdao Beihai Shipbuilding Heavy Industry Co, a Wuchang Shipbuilding Industry Group company, delivered a VLOC (Very Large Ore Carrier), to its client, Industrial and Commercial Bank of China Leasing. The VLOC named Ore Tianjin has a carrying capacity of 400,000 metric tons which is equivalent to 6,666 regular freight train cabins.
Read More

India’s L&T expected to win contract to build dry dock at Cochin
Hindu BusinessLine. 19 March. 5 minute read
Larsen & Toubro Ltd placed the lowest bid in a tender issued by Cochin Shipyard Ltd (CSL) for EPC (Engineering, Procurement and Construction) contract of the third dry dock of CSL. The construction of the dry dock is part of a USD 425-Mln expansion plan to be undertaken by CSL. Read More

Maritime and Logistics Conversations


Dear Reader,
In pursuance of requests from several readers, we are expanding the coverage of the newsletter to include insights from the Maritime & Logistics sector, including those from the world of Special Economic Zones (SEZ). From this issue onward we are happy to bring to you insights from these sectors. You may notice that we have also updated the logo to reflect the expanded coverage
Happy reading!

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.

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 & Logistics Investments

Greek State concludes sale of its 2nd largest port to German consortium
Greek Reporter. 23 March, 4 minute read
The privatisation of Greece’s Thessaloniki Port was concluded with its sale to a German-led group in a USD 1.3 Bln deal. Greece’s government sold its 67-percent stake in the country's second-largest port to a Deutsche Invest-led consortium comprising Deutsche Invest Equity Partners, Belterra Investments and CMA CGM’s ports division, Terminal Link. Read More


DP World and India’s NIIF acquires Continental Warehousing

Hindu BusinessLine, 18 March, 6 minute read
DP World Ltd in partnership with India’s National Investment and Infrastructure Fund Ltd (NIIF) acquired Continental Warehousing Corporation (Nhava Sheva) Ltd, a multi-modal logistics firm. The acquisition cost is less than 5 percent of DP World’s net asset value of USD 10,799.6 Mln (during H1 2017). Read More

First Dry Bulk freight futures exchange-traded fund launched
Dry Bulk, 23 March, 5 minute read
A Breakwave Dry Bulk Shipping exchange-traded fund (BDRY) was launched by Breakwave Advisors, in partnership with ETF Managers Group. The fund has the distinction of being the first and only freight futures exchange-traded product focusing exclusively on dry bulk shipping. Read More


Free Zone & Logistics World


Exports from UAE Free Zones reached USD 61 Bln in 2017

Trade Arabia, 23 March, 05 minute read
UAE's free zones exports grew 6.6 percent y-o-y to post USD 61.39 Bln in 2017. The free zone exports accounted for 19.5 percent of the country's total exports during the year 2017. Read More

Russia to set up Special Economic Zone in Zimbabwe
TASS. 08 March, 2 minute read
Govt representatives of Russia and Zimbabwe signed a memorandum on creating a special economic zone in Zimbabwe. The memorandum was among several documents dealing with the issues of industry and trade of the two countries. Read More


Flipkart to set up 80-acre logistics centre in Kolkata

Inc42. 21 March, 4 minute read
Following the announcement of the plans of setting up a large logistics centre in Bengaluru, Flipkart has revealed plans to open an 80-acre logistics centre in Kolkata for East and North East deliveries. The logistics hub is estimated to cost USD 91.9 Mln and the ecommerce company may set up such centres in other regions too. Read More

Automation & Training


Uber Freight offering incentives to mitigate shortage of drivers

WSJ, 22 March, 7 minute read
In order to address the issue of truck driver shortage, Uber Technologies Inc. launched an incentive program in the US, offering discounts on fuel, tires, maintenance and the purchase of vehicles. Drivers must use Uber Freight app to book a load at least once a month to qualify for the discounts. Read More


Consortium tests Accenture Blockchain solution for ocean shipping

Saudi Gazette, 24 March, 4 minute read
A consortium comprising Accenture, APL, AB InBev, Kuehne + Nagel and a European customs company successfully tested a Blockchain solution that can eliminate the need for printed shipping documents and save the logistics industry hundreds of millions of dollars every year. The currently followed document-heavy approach limits data quality and real-time visibility and delays financial settlement in the trade. Read More


Perspective - Outer Space as the final supply chain and logistics frontier

Kinaxis, 19 March, 8 minute read
Space-related operations are projected to push the frontiers of humankind’s supply chain network. The goal of the space supply chain will be to help deliver humans and technology to outer space with the lowest possible operational cost and risk. Many organization are working on ideas and building capabilities in this area. 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

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