Business Insights from The Maritime and Logistics Ecosystem – Maritime Weekly 17 November 2017




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Maritime Weekly
Business insights for maritime and logistics executives.

17 November 2017

Greetings from Maritime Weekly, a newsletter published by Apex Group for Maritime World Services, a business advisory, executive search, and events management platform for the global maritime 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 18,000 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

           
           

What is topical this week

Trade Lanes - US and China are looking at divergent approaches to global trade; Greece is working to establish a direct shipping line to Egypt; Russia and South Korea plan to set up an Arctic container shipping hub

Maritime Infrastructure - Hutchison Ports secured a cargo trade point in Northern UAE; DP World signed an agreement with Egypt’s Suez Canal Authority to develop an economic zone; Major Indian Ports have grown 3.27 % in FY 2018

Multimodal Connectivity - Bangladesh and Indian PMs jointly launched a rail connectivity project; Myanmar is looking to grow river transport to support economic growth ; Opinion-Antwerp Port’s value-added model could benefit India

Shipbuilding and Ship Repair - CMA-CGM confirmed plans for LNG shipbuilding order valued at USD 1.2 Bln; Russia offered to build ship repair facility in the Philippines; Sembcorp Marine is seeking to revolutionise shipbuilding with additive manufacturing

Maritime Exhibitions, Conference and Conversations - The recently concluded Maritime Nation India 2017 tradeshow included 15 conferences with 80 speakers, 50 exhibitors and 3500 visitors, proactive participation by industry associations, a round table of supply chain leaders and launch of a start-up incubator for the logistics technology sector. Building on the overwhelming response of Maritime Nation India September 2017, the 3rd edition of Maritime Nation India is being held at the same venue from 20th to 22nd September 2018.

This week we are pleased to share that Maritime Weekly was felicitated as a media partner in the “Roads & Ports Infrastructure Summit” organised by the US-India Importers Council (USIIC) in association with U.S. Commercial Service at Mumbai

Further this week we are pleased to welcome CLC Projects headquartered in Hong Kong as a media partner for Maritime Nation India 20-22 September 2018

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

Maritime Capital - COSCO would fund acquisition of mega ships leveraging its USD 2 Bln share sale; Dubai Multi Commodities Centre (DMCC) has teamed up with Maersk for trade finance; Opinion: Indian shipbuilding is attracting investments from domestic MNCs

People and Technology - India has offered to share real time data on maritime movement in the Indian Ocean, with 10 countries; Opinion: IoT would change freight transportation significantly; Opinion: Blockchain could accelerate trade flows by improving efficiency and security at borders

Leisure and Cruise - Carnival Cruise Line partnered with Shell for North America’s first LNG powered cruise ships; Cruise tourists could soon travel to India with E-Landing Cards; Mumbai to Goa cruise and ferry services would restart from December

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


Global Maritime Trade

US and China looking at divergent approaches to global trade



Reuters, 10th November, 4 min read

While the US is ready to make a bilateral deal with countries in the Indo-Pacific region, based on mutual benefit, China views globalization as an irreversible trend and supports multilateral trade deals among trading partners. Read More

Greece looking to establish a direct shipping line to Egypt



Egypt Today, 10th November, 10 min read

Egypt is a key node for the entry of the industrial exports of Greece to the African countries and is currently studying establishing a direct shipping line between Thessaloniki and one of the Egyptian ports to facilitate the flow of trade between Egypt and Greece. Read More

Russia and South Korea looking to set up Arctic container shipping hub

Asia Times, 9th October, 8 min read

Leveraging the significant reduction in Arctic sea ice and the shorter route than the current one between Asia to Europa via the Suez Canal, Russian and South Korean officials are working on creating an Arctic container shipping line that would stretch from Petropavlovsk-Kamchatsky to Murmansk along the Northern Sea Route. Read More

Maritime Infrastructure

Hutchison Ports secures cargo trade point in Northern UAE


Port Technology, 10th November, 7 min read

Ahmed Bin Rashid Port in Umm Al Quwain (UAQ) is a key entry-exit point for the container, general, Ro-Ro and bulk cargo trade in the northern United Arab Emirates (UAE). The Hong Kong-headquartered port operator has been awarded the concession to run the facility under the name of Hutchison Ports UAQ. The agreement follows another recent development in the region by HPH, as it announced that terminal operations had started at Saqr Port in the emirate of Ras Al Khaimah (RAK). Read More

DP World signs agreement with Egypt’s Suez Canal Authority to develop economic zone


Ahram Online, 8th November, 11 min read

Egypt's Suez Canal Economic Zone(SCZone) Authority and DP World signed a partnership agreement to develop an integrated industrial and residential zone in the Egypt's Red Sea coastal area of Sokhna, expected to start in the first quarter of 2018 through a joint venture between SCZone (51%) and DP World (49%), with DP World managing the zone. Read More

Major Indian Ports grow 3.27 % in FY 2018



Hellenic Shipping News, 10th November, 6 min read

Major Indian ports witnessed growth of 3.27% during the first seven months of the ongoing fiscal year that commences from 1st April. The highest increase in cargo was of Petroleum, Oil and Lubricants at 34.07%, followed by container cargo with 20.01%. The overall traffic growth at major ports increased in single digit, which together handled 383 Million Tonnes (MT) of cargo as against 371 MT handled during the corresponding period last year. Read More



Port Connectivity

Bangladesh and Indian PMs jointly launch rail connectivity project

ANI News, 9th November, 6 min read

India and Bangladesh have jointly launched bilateral rail connectivity projects better connecting both countries. The inaugural run of the train Bandhan Express was jointly flagged off by the Indian Prime Minister Narendra Modi, the Bangladesh Prime Minister Sheikh Hasina and the West Bengal Chief Minister Mamata Banerjee via video conference. Read More

Myanmar looking to grow river transport to support economic growth


Mizzima, 11th November, 12 min read

Investment in Myanmar’s inland waterways could enable ease road congestion, as well as provide a cost-efficient route to economic development. The government has already announced plans to begin consultations with regional authorities to develop six inland maritime port terminals – four on the Ayeyarwaddy River and two on the Chindwin River. Read More

Opinion: Antwerp Port’s value-added model could benefit India


The Hindu, 9th November, 14 min read

Europe’s second-largest port, located on the river Scheldt, some 80 km inland of the North Sea as well as its cargo terminals have massive warehousing spaces around 6.3 million sq metres, where goods are not just stored, but cargo owners are also provided value-added services. Post the value addition — such as packaging of fuel additives, automobile additives and lubricants coming in bulk loads, into smaller parcel sizes for sales in highway stores; packing and sterilising bananas and other fruits to conform to regulatory standards in consumption areas; bagging and packing of plastic polymers coming from West Asia — the cargo is sent to distribution centres/consumers located all over Europe. Value addition is the strength of Antwerp and it handled over 214 million tonnes of cargo, including 10 million-plus twenty-foot equivalent units (TEUs), in 2016. The total value-add in the port is about €20 billion a year. This could be a model for port led development, being pursued by India.
Read More

Shipbuilding

CMA-CGM confirms plans for LNG shipbuilding order valued at USD 1.2 Bln



The Business Times, 7th November, 9 min read

These shipbuilding contracts placed on two shipyards under the state-run CSSC Group, Shanghai Waigaoqiao Shipbuilding and Hudong-Zhonghua Shipbuilding (Group) would also be the construction of the largest box ships in the world. Valued at USD 1.2 billion for nine mega-container ships, would mainly run on liquefied natural gas (LNG).Read More

Russia offers to build ship repair facility in Philippines

Manila Bulletin, 11th November, 7 min read

The Russian proposals were part of the intensified defence cooperation reached in a meeting between Russian President Putin and President Duterte in Vietnam recently. Proposals include building a maintenance centre for Russian ships in the Philippines, stronger coordination between the two governments and selling helicopters, 10 high-speed boats and other military weapons to the Philippines. Read More

Sembcorp Marine seeks to revolutionise shipbuilding with additive manufacturing

3D Printing, 10th November, 12 min read

Sembcorp would include cutting edge technologies to its shipbuilding and repair areas in collaboration with three partners across industry and the Singapore government. The company plans to develop water-tight production applications with a Digital Twin, additive manufacturing and drone assistance. Read More


Maritime Exhibitions, Conferences and Conversations

Participants at the panel discussion on Collaborating to connect India’s maritime infrastructure - Multimodal connectivity click here for more images from the conferences and exhibition

Maritime Nation India 2017 and the Maritime Nation India Awards 2017 included 15 conferences. with 80 speakers, 50 exhibitors and 3500 visitors, proactive participation by industry associations, charity dinner for seafarers, a round table of supply chain leaders and launch of a start-up incubator for the logistics technology sector.

Taking forward the overwhelming response of Maritime Nation India September 2017, the 3 rd edition of Maritime Nation India is being held at the same venue from the 20 th to the-22nd September 2018. This 3-day international exhibition and conference would provide a unique global platform for exhibitors and participants to demonstrate their expertise and explore business opportunities in the Indian Maritime Sector and is already receiving enquiries. Ref https://maritime-world.com/mni2018/

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

Roads and Ports Summit Organised by the USIIC:

This week we are pleased to share that Maritime Weekly was felicitated as a media partner in the “Roads & Ports Infrastructure Summit” Themed: Building and Connecting Infrastructure, that was organised by the US-India Importers Council (USIIC) in association with U.S. Commercial Service at Mumbai. The summit was very well attended and Maritime Weekly is happy to have supported participation of delegates as a media partner.

CLC Projects :

Further this week we are pleased to welcome CLC Projects as a media partner for Maritime Nation India 20-22 September 2018. CLC Projects is a project freight network of small and medium sized project freight forwarders and is owned and operated by professionals with background in liner shipping, project freight forwarding, cargo surveying and airfreight forwarding. ( Ref https://clcprojects.com ) CLC owns Project Cargo Weekly (PCW), an e-newsletter for the project shipping and forwarding industry. publishing weekly in-depth and exclusive content http://www.projectcargo-weekly.com

Stay tuned to our newsletter to remain updated on key developments and events that MaritimeWeekly supports.


Maritime Capital

COSCO to fund acquisition of mega ships leveraging its USD 2 Bln share sale


MailOnline, 30th October, 16 min read
Cosco Shipping Holdings is looking to a share sale that is expected to rise more than USD 2 billion, which it will then use to pay for the 20 new container vessels that are already under construction at China yards, 11 of which are mega-ships greater than 20,000 TEU. Read More

Dubai Multi Commodities Centre (DMCC) teams up with Maersk for trade finance


Global Tarde Review, 8th November, 7 min read

The solution would enable DMCC’s Food Trade Group (FTG) to manage the ocean leg of its supply chains by combining financing with operations. The digital platform offers pre-shipment and post-shipment credit facilities and enables exporters to access cargo shipping services and apply for funds to pay for the shipment or to invest in new orders. Read More

Indian shipbuilding attracting investments from domestic MNCs

New Delhi Times, 6th November, 17 min read


The Indian shipbuilding industry is attracting not only foreign but also the domestic multinationals Larsen and Toubro, Reliance Defence etc. The domestic multi-nationals are keen to invest in the defence sector. Cochin Shipyard has recently won the tender to build 8 anti-submarine ships, which would have a 700-tons displacement and a range of 200 n miles and a maximum speed of around 25 knots and an endurance of 1,800 n miles at 14 knott. The first vessel from Cochin Shipyard is expected to be delivered in next 42 months and after that, the state-owned shipbuilder will deliver two vessels every year. Read More

People & Technology

India offers to share real time data on maritime movement with 10 countries

The Hindu, 3rd November, 7 min read
India has offered to share intelligence of maritime movements in the Indian Ocean in real-time with 10 Indian Ocean littoral states. The information to be shared includes movement of commercial traffic as well as intelligence and is expected to benefit all member countries. Read More

Opinion: IoT would change freight transportation significantly

Logistics Management, 10th November, 14 min read

Bananas ripening perfectly in a truck trailer outfitted with sensors controlling the ripening gases could be one of thousands of potential uses for the “Internet of Things” (IoT) line of innovative thinking that enterprises will be connecting assets and leveraging predictive analytics and advanced intelligence as part of digital transformation in freight transport. The three technologies occurring simultaneously and each impacting freight transportation are: mobility in the cloud technology, Big Data and analytics and the IoT smart machines. Read More

Opinion: Blockchain could accelerate trade flows by improving efficiency and security at borders

Financial Times, 10th November, 20 min read

International trade requires a faster, more secure and more efficient way to handle the document approval workflows needed to move goods across international borders Blockchain being a distributed ledger and the underlying technology for virtual currencies such as bitcoin, is a useful ‘middleware’ for the reduction of administrative costs of processing, moving, verifying and securing documentation among various parties in the global value chain. Read More

Leisure & Cruise

Carnival Cruise Line partners with Shell for North America’s Ist LNG powered cruise ships


Hellenic Shipping News, , 8th November, 12 min read
As per the framework agreement, Shell will supply Carnival Cruise Line with fuel for its two new LNG-powered ships that are expected to launch in 2020 and 2022 and be homeported in North America. These cruise ships, will be fully powered by LNG both while in port and at sea – an industry first and an environmental breakthrough that will improve air quality with cleaner emissions.Read More

Cruise tourists could soon travel to India with E-Landing Cards


Money Control, 10th November, 12 min read

India could soon have its own ‘E-landing card’ which would act as a substitute of passports for all passengers travelling via sea route. The card would contain relevant details of the passengers, possibly biometric data as well and acts as an identity proof for all the sea-passengers. It is radio frequency identification (RFID) enabled which stores details including passenger’s name, cabin number, name of the ship, dates of voyage etc. Read More

Mumbai to Goa cruise and ferry services could restart from December


Business Today, 9th November, 9 min read
The ferry service will be initiated under the Sagar Mala project – the government's initiative to modernize India's ports. Cruise services between Mumbai and Goa are also set to commence from next month. The minister has urged hotels to construct floating jetties to help visitors ferry to these hotels.Read More


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