Business Insights From The Maritime And Logistics Ecosystem – Maritime Weekly 27 October 2017

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Maritime Weekly
Business insights for maritime and logistics executives.

27 October 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 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

           
           

What is topical this week

Trade Lanes – Canada is exploring ASEAN Free Trade Agreement after its agreement with EU; Sri Lanka is looking to transform itself into a global trading hub; Container Shipping would need to reinvent itself for the digital age

Maritime Infrastructure – DP World would develop Terminal-3 in flagship Jebel Ali port, as the world’s largest semi-automated terminal; Container Volumes in Port of Rotterdam are up by 10 % in the first 9 months of 2017; King Abdullah Port concluded a 25-year bulk terminal management deal

Multimodal Connectivity – 700 China-Europe freight trains would depart from Urumqi , Xinjiang in 2017; Container transportation is growing along the International North South Transport Corridor (INSTC); Indonesia would open 2 more marine highway routes in 2018

Shipbuilding – Daewoo Shipbuilding is on track to sign a new offshore plant contract with Statoil; d’Amico launched its First Long Range Vessel at the Hyundai Vinashin shipyard in Vietnam; US Shipbuilding Industry: The Road Ahead-a perspective

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.

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

Maritime Capital – A Chinese Consortium would take 70% stake in Myanmar’s deep sea port; Gabon’s USD 300 Mln Owendo Port built by Olam was inaugurated; Qatar’s diplomatic challenges are delaying the sale of Gulf Shipping Co- UACC

People and Technology – All major ports in India would have RFID based, Logistics Data Bank (LDB) services; Global port operator ICTSI opted for hybrid RTG equipment for its flagship terminal; India’s JN Port selected Navis to upgrade terminal operating system at its JNPCT terminal

Leisure and Cruise – Environmental Port Index (EPI) has been launched by Norwegian ports; The cruise tourism project in North West Russia would be financed by EU; LNG powered Cruise ships would bring in a new era of training

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


Global Maritime Trade

Canada exploring ASEAN Free Trade Agreement



Forbes, 20th October, 14 min read

Formal exploratory discussions towards a free trade agreement between Canada and ASEAN , could open up significant business opportunities within the world’s fastest growing market place, representing about 625 million people. This follows Canada’s recently negotiated Comprehensive Economic Trade Agreement, CETA with the European Union. Read More

Sri Lanka looking to transform itself into a global trading hub




XinhuaNet, 20th October, 4 min read

Sri Lanka is in discussions to enter into free trade agreements with partner countries around the world and plans to strengthen its international connectivity and reclaim its position as a global trading hub of the Indian Ocean under the Vision 2025 program Read More

Container Shipping would need to reinvent itself for the digital age
Hellenic Shipping News, 21st October, 10 min read
Container shipping companies need to invest in digital technologies to differentiate their products, disintermediate value chains, improve customer service, raise productivity, and cut costs. Next-generation innovations will have to be orchestrated across the entire value chain: bigger vessels paired with infrastructure investments for terminals, transparent ship arrivals and berthing, and larger containers. Further, integrated logistics providers could make freight forwarders irrelevant by mastering the complexity and the customer interface.Read More

Maritime Infrastructure

DP World to develop Terminal-3 in flagship Jebel Ali port, as the world’s largest semi-automated terminal



Port Technology, 20th October, 6 min read

The T3 now has a capacity of 4 million TEU and post increase in capacity by 1.5 Mln TEUs will be the world’s largest semi-automated terminal. Volumes are on the rise in the DP World UAE region and it is expected that Expo 2020 and the opening of new markets to drive medium term growth. Read More

Container Volumes in Port of Rotterdam up by 10 % in the first 9 months of 2017


Seatrade Maritime News, 19th October, 6 min read

Trade growth in Europe, and gains from alliance traffic as well as better productivity have contributed to a 10.1% increase to 10.2 Mln TEUs in container throughput at the Port of Rotterdam in the first nine months of this year. Read More

King Abdullah Port concluded 25-year bulk terminal management deal

Port Strategy, 19th October, 5 min read
The port signed a 25-year agreement with AMSteel to operate its first bulk and general cargo terminal berth and operations at the terminal are expected to begin in the second quarter of 2018. King Abdullah Port has a total area of 17 square kilometres and, will be able to handle 20m TEUs, 1.5m vehicles (CEU) and 15m tonnes of clean bulk cargo each year once it is fully constructed Read More



Port Connectivity

700 China-Europe freight trains to depart from Urumqi , Xinjiang in 2017

The State Council Information Office-China, 21st October, 4 min read

Urumqi is the regional capital of Xinjiang and a transport hub for China-Europe freight train routes. With the increase in trade volume between China and European countries, Urumqi has started to offer “point-to-point” customized services to cut transport costs and time, integrating customs clearing, inspection and quarantine, train transportation, and freight logistics. Over 500 China-Europe freight trains have already headed westwards from the city this year. Read More

Container transportation growing along the International North South Transport Corridor (INSTC)

Azeri News, 21st October, 10 min read
Cargo transportations along the International North-South Transport Corridor for the first nine months of 2017 increased by 21.6 percent and exceeded 4.7 million tons. Towards acceleration and reduction in the cost of cargo transportations between the countries of Europe, South Asia, the Persian Gulf, Belarus and Russia, it is important to create mutual ties between the participants of the logistics chain-railways, ports, carriers, customs services- and commission the missing section of the corridor, the Rasht-Astara railway. The corridor is planned to transport 5 million tons of cargo per year at the initial stage and over 10 million tons of cargo in the future. Read More

Indonesia to open 2 more marine highway routes in 2018



Seatrade Maritime News, 20th October, 6 min read

The additional routes will add to the 13 routes that are currently operational making a total of 15 routes. State-owned shipping operator Pelni currently serves seven routes, while private operators run the remaining six. The Transportation Ministry has proposed to allocate up to USD 33.1m for the programme in the 2018 state budget and seeks more private sector participation
Read More

Shipbuilding

Daewoo Shipbuilding on track to sign new offshore plant contract with Statoil




Hellenic Shipping News, 20th October, 4 min read

The contract with Norwegian oil company Statoil, is to build the hull and living quarter of a floating production, storage and offloading (FPSO) facility and is estimated to have a total value of USD 580 Mln. The other two participants in the tender are Hyundai Heavy Industries and Samsung Heavy Industries.Read More

d’Amico launches 1st Long Range Vessel at the Hyundai Vinashin shipyard in Vietnam.

Your Ship Building News,20th October, 10 min read

d’AmicoInternational Shipping (DIS),international leader in the transport of refined petroleum products and vegetable oils, launched the first three LR1 75,000-tonnes vessels at an investment of USD 131 Mln. These new generation eco-ships are 228 metres long and 36 metres wide and have the benefit of a higher cargo capacity, lower fuel consumption and CO2 emissions, owing to their innovative hull design and energy-efficient engine. Read More

Perspective- US Shipbuilding Industry-The Road Ahead


Marine Link, 21st October, 17 min read

There is excitement with the prospects of meeting the challenge of building a 355 ship US navy, and building Arctic icebreakers for the U.S. Coast Guard. On the commercial side, in the Pacific northwest and offshore Alaska, one sees a recapitalization of the fishing fleet and offshore wind is a potential market Read More


Maritime Exhibitions, Conferences and Conversations

Participants at the panel discussion on Collaborating to build and maintain India’s maritime assets Shipbuilding and Ship repair (from left to right): Rear Admiral Sanjay Mahindru – Flag Officer Commanding, Maharashtra Naval Area (Keynote address); Mr. Krishna Kumar – CEO, Katale Shipyard; Commodore M. K. Mukherjee – Managing Director, SEA SYST Engineering (I) ; Mr. Atul Kulkarni – Advisor, IPA & Director, NITIE ( Moderator); Mr SK Das, General Manager Ship Design, Mazgaon Docks Ltd; Mr. V. K. Verma – Vice President, Timblo Dry Docks; Mr Arindam Ganguli, Director, Shoft Shipyard

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

Chinese Consortium to take 70% stake in Myanmar’s deep sea port



Sify.Com, 17th October, 14 min read

Beijing-based CITIC, China’s biggest and oldest financial conglomerate plans to take 70% of the USD 7.2 billion deep sea port, in western Rakhine state. China has been pushing for preferential access to the deep sea port of Kyauk Pyu on the Bay of Bengal, an entry point for a Chinese oil and gas pipeline that gives it an alternative route for energy imports from the Middle East, avoiding the Malacca Strait, a shipping chokepoint. Read More

Gabon’s USD 300 Mln Owendo Port built by Olam, inaugurated



African Business , 18th October, 25 min read

Alongside New Owendo International Port (NOIP), Olam has reconstructed Gabon’s infrastructure and reduced congestion at the port for the sum of USD 300 million in 18 months. The project is the result of a Public Private Partnership (PPP) between Olam International Ltd, Africa Finance Corporation (AFC) and the Gabonese State. It would help Olam use its own port facilities for its import-export operations connected to running and developing the Nkok Economic Zone that it manages. Read More

Qatar’s diplomatic challenges delay sale of Gulf Shipping Co- UACC
Qatar’s diplomatic challenges delay sale of Gulf Shipping Co- UACC


Dubai-based United Arab Chemical Carriers (UACC) – in which United Arab Shipping Company (UASC) held the biggest stake – was to be sold as part of the terms of the merger with Germany’s Hapag Lloyd. Qatar was the biggest shareholder in UASC, followed by Saudi Arabia. For any sale to go ahead, the UACC board would need to discuss the matter together with Saudi partners, and that does not appear happening soon Read More

People & Technology

All major ports in India to have Logistics Data Bank (LDB) services


The Hindu, 21st October, 11 min read
Until now the LDB project covered only the country’s western logistics corridor. Discussions between the Government and the Indian Ports Association (IPA) to implement the system at all major ports have begun. As part of the LDB project, each container is attached to a Radio Frequency Identification (RFID) Tag and tracked through RFID readers. The objective is to help importers and exporters to track their goods in transit and so far, about 4.93 million containers (2.34 million import containers and 2.59 million export containers) have been tagged and de-tagged under the project. Read More

Global port operator ICTSI opts for hybrid equipment for its flagship terminal

Port Strategy, 19th October, 7 min read

16 hybrid rubber tyred gantry (RTG) cranes will be deployed at the Manila International Container Terminal as part of the operator’s US$80 million capital equipment programme. Manufactured by Japanese shipbuilder and equipment maker Mitsui Engineering & Shipbuilding Co. Ltd. (MES), the hybrid RTG uses diesel fuel saving technology that combines 200kVA Li-ion batteries and a smaller diesel engine, resulting in lower carbon emissions and better fuel efficiency. Read More

India-JNPCT selects Navis to upgrade terminal operating system


Ship Technology, 16th October, 8 min read

Jawaharlal Nehru Port Trust (JNPT) has selected Navis’ SPARCS N4 solution to update the terminal operating system (TOS). Cargotec, the parent company, intends to provide configuration, testing, report and field extensions and go-live support services such as training courses to ensure the N4 solution’s smooth and quick operation. Read More

Leisure & Cruise

Environmental Port Index (EPI) launched by Norwegian ports


Cruise Industry News, 20th October, 5 min read
The EPI will focus on emissions from ships while at berth, whereas the environment ship index focusses on emissions from ships. Current participants in the project are Port of Bergen, Port of Stavanger, Port of Oslo, Port of Aurland/Flam, Port of Stranda/Geirangerfjord, Port of Alesund, Port of Molde & Romsdal, Port of Trondheim, Port of Eidfjord, Cruise Destination Hardangerfjord, Port of Tromsø, Norwegian Ports Association, Innovation Norway and The Norwegian Coastal Administration. The ports signed the agreement in June 2017, and have agreed on the way forward to continue work with DNV-GL to develop the model further.Read More

Cruise tourism project in North West Russia to be financed by EU



Seatrade Cruise News, 20th October, 3 min read

Cruise Northern Norway and Svalbard have become a partner of a three-year EU-financed project to develop cruise tourism to Northwest Russia, who along with stakeholders from Finland and Russia will contribute to the ports in Murmansk and Arkhangelsk gaining a better understanding of the cruise industry, as well as ensuring the various cruise ports are better equipped to deliver port calls in accordance with western standards Read More

LNG Cruise ships to bring in a new era of training


Passenger Ship Technology, 20th October, 11 min read
As cruise ships become LNG fuelled, a new type of training is emerging. Carnival Corporation has partnered with stakeholders to develop ship-specific training that will ensure that all crew are fully ready when these vessels are delivered. It already has a partnership with Shell, which allows crew to get hands-on LNG experience where necessary and for them to witness first-hand operations such as LNG bunkering and related LNG activities, since its handling requires specific techniques and training to deal with temperature, pressure and equipment involved, especially for bunkering. Basic training will ensure that even the crew not directly involved with the LNG – such as a chef – are aware that LNG is onboard and, what to do in an emergency involving LNG, including if it comes into contact with someone. Read More


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