Business Insights From The Maritime And Logistics Ecosystem – Maritime Weekly 3 November 2017




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Maritime Weekly
Business insights for maritime and logistics executives.

3 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 - Global seaborne trade grew 31% to 11.1 Bln Tonnes between 2007 and 2016; Ukraine and Poland would build the Via Carpatia trade route; Chinese steel capacity reduction could impact dry bulk shipping

Maritime Infrastructure - DP World to contribute in the development of Jeddah port in Saudi Arabia; India to participate in the development of 2 Sri Lanka Ports; Indian government is mulling changes to the tender for redevelopment of Iran's Chabahar Port

Multimodal Connectivity - Two Indian ports receive government grants to develop coastal berths, boosting coastal shipping; Azerbaijan Railways has set up a container transportation company; Indian roads, including coastal connectors, are set for a major upgrade by 2022

Shipbuilding and Ship Repair - Russia's Yantar Shipyard and India's Goa Shipyard would build 4 missile frigates for the Indian Navy; The Chinese shipbuilding sector continues its recovery; French shipbuilder Naval Group has sought to partner with India's Mazgaon Docks to build stealth submarines for the Navy

Maritime Exhibitions, Conference and Conversations - Maritime Nation India 2017 tradeshow 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.

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 the 20th to 22nd September 2018.

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

Maritime Capital - Bangladesh secured a USD 1.2 Bln loan to develop its second trade corridor; ICTSI would invest USD 100 Mln to expand the Basra Gateway Terminal in Iraq; IFM Investors have completed USD 896 Mln investment in Turkey's Mersin International Port

People and Technology - A McKinsey report predicts 50,000 TEU container ships by 2067; The MSC-PSA terminal in Antwerp port has installed a new positioning technology; Netherlands' TOS has acquired Maritime Human Resources, expanding into placement of trainees

Leisure and Cruise - Dubai is looking to increase cruise tourists from Europe and India; Qatar's Doha Port received the first cruise ship of the season; In India, work on Malabar river cruise would commence soon

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


Global Maritime Trade

Global seaborne trade grew 31% to 11.1 Bln Tonnes between 2007 and 2016




Hellenic Shipping News, 28th October, 8 min read

Increasing population and economic expansion in several developing economies has contributed significantly to the growth in seaborne trade. Seaborne LNG trade saw the largest increase in number of trade routes over the decade from 34 to 44 routes, reflecting the start-up of liquefaction capacity in several countries and growing demand in Asia. Seaborne crude oil and LPG trade have also become more diverse in terms of number of routes. While global trade has expanded over the last decade, its patterns have become more diverse for some commodities and less so for others. However, trade between non-OECD developing economies, backed by developments in their economies and populations, is playing an increasing role in world seaborne volumes. Read More

Ukraine and Poland would build the Via Carpatia trade route




Global Trade Review, 25th October, 8 min read

The two countries have signed a memorandum of co-operation to build the Via Carpatia, an ancient route connecting the Baltic Sea and the Aegean Sea. The new trade lane aims to connect Central and Eastern Europe with the ambition of eventually connecting to the Trans-European Transport Network (TEN-T) – a network of roads, railway lines, inland waterways, seaports, and airports in the European Union. Read More


Chinese steel capacity reduction could impact dry bulk shipping

Seeking Alpha, 27th October, 7 min read
A drop in the steel production in China, with all other factors remaining constant, could have a negative impact on volumes of iron ore being shipped. Curtailing capacity in the Chinese steel sector, which accounts for about half the world's output, could be a downside risk for the seaborne iron ore market and dry bulk shipping Read More

Maritime Infrastructure

DP World to contribute in the development of Jeddah port in Saudi Arabia



Supply Chain, 27 th October, 10 min read

Jeddah Port is a gateway port for the Saudi market and for the region, connecting to major markets in Africa and the Middle East. DP World's plans for Jeddah support the new $500 bn mega project called NEOM and will help to realise the potential for economic growth owing to its geographical proximity to major markets and trade routes – 10% of world trade will pass through NEOM. Read More

India to participate in the development of 2 Sri Lanka Ports



The Economic Times, 26th October, 10 min read

India is expected to contribute to the development of both Colombo and Trincomalee ports and is also helping build road and rail projects in Sri Lanka. India, in collaboration with Japan, has sought to develop infrastructure and connectivity projects in the Bay of Bengal region including Andaman Islands. Sri Lanka is expected to hand over running of the Chinese built Hambantota airport near the deep-sea port, would enable Sri Lanka to pay back dues to China's EXIM Bank, which had provided loans to build the airport. Read More

India mulling changes to the tender for redevelopment of Iran's Chabahar Port



Asian Age, 28th October, 5 min read

The government is looking to set up an empowered committee of secretaries, that would look into issues related to easing of financial terms and other contractual issues, to make the project more lucrative for private investors, for assisting in the mega scale development of the Persian Gulf nation's major port. Read More



Port Connectivity

Two Indian ports get government grants to develop coastal berths, boosting coastal shipping

Business Standard, 27th October, 11 min read

Under the Coastal Berth Scheme of its flagship programme Sagarmala, the Ministry of Shipping has sanctioned USD 3.8 Mln as grants-in-aid to Jawaharlal Nehru Port Trust and another Rs USD 7.6 Mnl to the government of Karnataka for Karwar Port, for developing their infrastructure. The financial support for ports or state governments is aimed at the creation of infrastructure for movement of cargo and passenger by sea or national waterways. Read More

Azerbaijan Railways sets up container transportation company

Azer News, 27th October, 8 min read
ADY Konteyner has been set up for railway container transportations, purchase and operation of containers for transportation of various cargoes, and provision of all types of container services. The company would manage all container platforms and transportation in Azerbaijan and also those from the countries of the Caspian and Black Sea regions, Europe, Central Asia, the Far East and the Persian Gulf Read More

Indian roads including coastal connectors, set for a major upgrade by 2022



Autocar, 26th October, 6 min read

The government would spend around USD 11 Bln on road infrastructure; aimed at better connectivity, reduced travel time and increased road safety. Roads built under India's ambitious Bharatmala programme are expected to increase vehicle travelling speed by around 20-25 percent, which will help reduce logistics costs and boost road safety
Read More

Shipbuilding and Ship Repair

Russia's Yantar Shipyard and India's Goa Shipyard to build 4 missile frigates for the Indian Navy;




Business Line, 27th October, 10 min read

India is to soon conclude a $4-billion contract with Russia for the purchase of four missile-carrying frigates, which will have gas turbine power engines and will be equipped with the BrahMos supersonic cruise missiles. Two of these frigates will be built in Russia and sent to India, whereas the other two will be built at the Goa Shipyard with assistance on technology transfer.Read More

Chinese shipbuilding sector continues its recovery


China Daily, 24th October, 15 min read

Chinese shipyards executed orders amounting to 35.15 million DWT in the first nine months, up 41% year-on-year, while they received 20.13 million DWT of new ship orders, an 8.7 percent increase from the same period a year earlier. Further, the total revenue of China's shipbuilding industry reached USD 32 Bln, with net profit totalling 1.1 billion yuan during the January-September period Read More

French shipbuilder Naval Group seeks to partner with India's Mazgaon Docks to build stealth submarines


The Economic Times, 24th October, 12 min read

The French shipbuilder strongly supported partnering with Mazgaon Docls Ltd (MDL) again for manufacturing India's future generation of stealth submarines. Naval Group is in the fray with three other foreign firms for providing these new submarines to the Indian Navy and their offer includes the maximum usage of indigenous content, transfer of technology and weapon systems. Read More


Maritime Exhibitions, Conferences and Conversations

Participants at the panel discussion on Collaborating to support creation of India's maritime infrastructure and assets-Investment. (from left to right): Mr. Divyanshu Tambe - Associate Director, Investment Banking- Edelweiss; Mr. Sankalp Bhattacharya - Deals Strategy at PwC India ( Moderator); Mr. Debasish Mallick - Deputy Managing Director, Export-Import Bank Of India; Mr Helge Tryti, Commercial Counsellor, Embassy of Norway; Mr Adam Stacy , Commercial Director, Sailors' Society, UK.

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

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


Maritime Capital

Bangladesh secures USD 1.2 Bln loan to develop trade corridor




Bdnews24.com, 25th October, 5 min read

The loan has been extended by the Asian Development Bank (ADB) to finance infrastructure on the Dhaka-Northwest international trade corridor, the second-busiest artery in the country, that runs 190 kilometers (about 118 miles) through northwest Bangladesh from Elenga to Rangpur, near the border with India.Read More

ICTSI would invest USD 100 Mln to expand Iraqi port


Manila Bulletin, 23rd October, 5 min read

The investment is for the expansion phase of the Basra Gateway Terminal (BGT) in North Port, Umm Qasr, Iraq, where 2 new berths will be developed incorporating a 20-hectare yard area thereby raising annual BGT container handling capacity by 600,000 TEU to a total of 1,200,000 TEU. The berths are planned to be configured and equipped with quay and landside container handling systems to be able to handle container vessels of up to 10,000TEU. Read More

IFM Investors completes USD 896Mln investment in Turkey's Mersin International Port

IPE Real Assets, 27th October, 6 min read


The deal helps IFM with its first exposure to the seaports sector and the Turkish economy, since the Port is strategically positioned at the intersection of major maritime shipping routes from the Mediterranean, Western Europe, the Far East, North America and North Africa. The acquisition of 40% stake in Mersin International Port, follows the sale-and-purchase agreement with Akfen Holdings and global port operator Port of Singapore Authority (PSA) to acquire the equity interest. Read More

People & Technology

McKinsey report predicts 50,000 TEU container ships by 2067


DC Velocity, 27th October, 8 min read
As per the report, in the next 50 years, container ships are expected to operate autonomously and will be nearly three times the size of the largest current vessels. There could be only three or four major liner companies, and they will operate either as digitally enabled independents or as small units of tech giants. Freight forwarding as a stand-alone business is expected to become extinct, because of digital interactions that will reduce the need for intermediaries to manage logistics services among multiple stakeholders. Customers, whether they seek deep relationships with carriers or just the lowest rates in transactional form, will take service transparency and reliability as entry criteria. Read More

MSC-PSA terminal in Antwerp port installs new positioning system

Port Technology, 26th October, 6 min read

The technology from Airobot uses an integrated AsteRx-m global navigation satellite system (GNSS) receiver from Septentrio NV and also combines satellites from the American GPS and Russian GLONASS systems to provide a solution close to the quay cranes. It will integrate with its legacy system and control an annual throughput capacity of 9 million TEUs once its expansion is completed. Read More

Netherlands' TOS acquires Maritime Human



Maritime Journal, 26th October, 5 min read


TOS expects to be able to further its growth in the port and logistics sector and to reinforce its services in the maritime training segment. It is looking to extend TOS services to also include placement of trainees in companies with certified internship programmes in the port and logistics sector, as well as in inland shipping. Read More

Leisure & Cruise

Dubai looking to increase cruise tourists from Europe and India



Albawaba Business, 23rd October, 10 min read
Dubai has emerged as the leading cruise destination in the middle east region with over 625,000 cruise tourists visiting the city during the 2016/2017 season, an increase of over 15 per cent when compared to the 2015/2016 season. The number of Indian tourists to Dubai crossed the one million mark for the first time over a six-month period between January and June 2017, registering an increase of 21 per cent over the same period last year. To encourage more Indian tourists to visit the emirate, the UAE has extended visas-on-arrival to Indian nationals with a valid American visa or Green Card. Read More

Qatar's Doha Port receives the I st cruise ship of the season

The Peninsula, 26th October, 9 min read

The cruise ship Seaborne Encore docked at Doha Port with more than 500 passengers on board last week. marking the start of 2017-2018 Cruise Season. This is the first of 21 expected through the season, which continues until April 2018. Read More

India-work on Malabar river cruise to commence soon



The Hindu, 29th October, 11 min read
With the construction of modern boat terminals and jetties, work on the Malanadu-Malabar Cruise, linking eight rivers and backwaters of Kannur and Kasaragod districts, will commence soon. Kerala Tourism has sanctioned USD 5.1 Mln for the construction of boat terminals and jetties and the tourists on the cruise can explore north Malabar's traditional arts, culture, heritage, cuisine, martial art forms, and rustic life Read More


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