Business Insights From The Maritime And Logistics Ecosystem – Maritime Weekly 6 October 2017


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Maritime Weekly
Business insights for maritime and logistics executives.

6 October 2017

Dear {{Name}}
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 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.

           
           

What is topical this week

Trade Lanes - China’s economic expansion is expected to lift Asian trade in 2018; Container shipping lines are increasing their share of seaborne reefer market; China Merchant owned Hambantota port in Sri Lanka, could alter trade lanes

Maritime Infrastructure - China is expected to drive changes in the energy and maritime sectors; DP World is expected to pull out of Indonesia’s Surabaya terminal; Investing in ports and pipelines could be critical for US Energy Leadership

Multimodal Connectivity - Iran’s Chabahar port is expected to be operational next year; PSA’s upcoming facility at India’s JNPT would leverage barge connectivity as port feeders; Switzerland is developing Rhine river ports and rail connectivity

Shipbuilding - Italy’s Fincantieri has secured permission to take over the French shipyard STX; China’s COSCO shipping has secured 2 shipbuilding contracts; The German ship repair alliance has made progress

Maritime Exhibitions, Conference and Conversations - Feedback from the industry and government organizations globally on the 2nd International tradeshow ‘Maritime Nation India 14-16 September 2017 and the Maritime Nation India Awards 2017 continues to inspire the editorial and operations teams for MNI2018. This week we are happy to announce our support for Kish INVEX 2017, October 30th to November 2nd, 2017 – Kish Island-Iran, supported by Iran’s Ministry of Roads and Urban Development, and Ports and Maritime Organization of Iran. and their affiliated organizations., The expo will cover a wider scope of investment opportunities, with a special focus on “Logistics and Transportation” sectors and the unique opportunities Iran offers in these fields.

Maritime Capital - DP World is to acquire Dubai Maritime City and Drydocks World for USD 405 Mln; A Chinese firm is looking to invest in Black Sea ports in Bulgaria; India’s Edelweiss Asset Reconstruction Co (ARC) is looking to set up LNG terminal to revive the Karaikal Port

People and Technology - Rotterdam Port has launched a Block chain laboratory; 3 Key elements contributing to autonomous shipping include sensors, algorithms and communication; A Californian legislation prioritises labour and environment, over port automation

Leisure and Cruise - India’s tourism and shipping ministries are working on policies to boost cruise tourism; Turkey would offer subsidies to cruise tourism operators to boost cruise; Dubai Harbour would have a 2nd cruise terminal

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


Global Maritime Trade

China’s economic expansion to lift Asian Trade in 2018
Nikkei Asia Review, 26 th September, 5 min read
Improvement in global trade, supported by better than expected economic growth of China is expected to lift Asian economic growth to 5.9% in 2018, up from 5.8 % in 2017. Public spending is boosting growth in South Korea and Taiwan, whereas India is expected to grow at a slower pace this year and pick up in the next Read More

Container Lines are increasing their share of seaborne reefer market
Hellenic Shipping News, 27 th September, 5 min read
As container lines continue to focus on securing reefer cargo, the estimated perishable reefer cargo split is expected to change from 79% in reefer containerships and 21% in specialised reefers in 2016 to nearly 85% and 15% in reefer containerships and specialised reefers respectively by 2021. Read More

China Merchant owned Hambantota port could alter trade lanes
Financial Times, 26thSeptember, 15 min read
China Merchants Group, with assets of over USD 855 Bln is completing the acquisition of majority stake in the port and is expected to bring in the operational skills, capital and commercial relationships with shippers, that can bring significant traffic to make Hambantota a hub in the Asia-Middle East-Europe trade lane Read More

Maritime Infrastructure

China expected to drive change in the energy and maritime sectors
Hellenic Shipping News, 30th September, 8 min read
With its growing demand for imports and ongoing investments in regional ports, developing port infrastructure, digital trade platforms and properties, China is expected to drive changes in the energy and maritime sectors around the world. Read More

DP World expected to pull out of Indonesia’s Surabaya terminal
The Loadstar, 28th September, 13 min read
The Terminal Petikemas Surabaya (TPS) is 49% owned by DP World and has a capacity of 2.1 Mln TEUs. DP World may have been forced to withdraw from the concession, since the state owned partner is reluctant to do a deal where the value generated per TEU of capacity was significantly lower than the controversial renewal of the Hutchison Ports-operated Jakarta International Container Terminal (JICT) in 2014. Read More

Investing in ports and pipelines could be critical for US Energy Leadership
For Construction Pros,29 th September, 2 min read
Continuing to invest in pipelines and port infrastructure is expected to significantly support the U.S. leadership position on the global energy stage. Read More



Port Connectivity

Iran’s Chabahar port to be operational next year
The Nation, 25 th September, 5 min read
To activate the contract between India and Iran for Chabahar Port, Iran is expected to send an application for provision of credit to Exim Bank of India for the first tranche of loan from the $150million credit line that India plans to start. The port rail link could be started using the Indian Port Rail Corporation and a business discussion, to invest in the free trade zone in Chabahar, is expected soon by inviting various logistics partners from India, Afghanistan, Iran and other global partners. Read More

PSA’s upcoming facility at JNPT to leverage barge connectivity
Hellenic Shipping News, 30 th September, 8 min read
Dharmatar- a small barge port located 13 nautical miles from Jawaharlal Nehru Port Trust (JNPT) will re-start a daily container barge services linking PSA’s Bharat Mumbai Container Terminals Pvt Ltd (BMCT), expected to open by December 2017. In the I st phase, BMCT is designed to load 2.4 million TEUs . The barge service is expected to boost the government’s plan to promote coastal shipping and inland waterway and allow cargo owners to transfer their cargoes faster and more cost effectively than via trucks in an environment friendly manner. Read More

Switzerland developing Rhine river ports
The Medi Telegraph, 28thSeptember, 7 min read
The Swiss Federal Office of Transport (UFT) and the Swiss Rhine River Ports (SRH) have signed up a declaration of intent for upgrade work at the ports located along the Rhine. Key aspects of the intent include Federal participation in financing the construction of a third basin at the port of Kleinhüningen, integration of the Harbor Rail (HBSAG) and the possible relocation of the Kleinhüningen station Read More

Shipbuilding

Italy’s Fincantieri secures permission to take over French Shipyard STX
New Europe, 29thSeptember, 4 min read
The French government have now permitted Italian State controlled Fincantieri to take over the French shipyard STX in a 50-50% agreement. This is with the understanding that a 1% majority stake will be a 12-year loan from the French government to the Italian company. The French STX shipyards are big enough to construct an aircraft carrier, although it is more famous for building giant cruise ships like the Harmony of the Seas. Read More

China’s COSCO shipping secures 2 shipbuilding contracts
Singapore Business, 29thSeptember, 4 min read
The orders were secured through its 51% owned subsidiary COSCO Shipyard Group . COSCO (Zhoushan) Shipyard Co., Ltd entered a contract with a European buyer for four 82,000-tonne bulk carriers. Further, COSCO (Dalian) Shipyard won a contract with COSCO SHIPPING Specialized Carriers to build two multi-purpose pup vessels for $45.2m Read More

German ship repair alliance makes progress
Maritime Journal, 27 th September, 8 min read
The alliance combines the expertise of engine specialists Motorenwerke Bremerhaven (MWB), part of the expanding ship repair concern German Dry Docks (GDD), and Zeppelin Power Systems (ZPS) in Hamburg. ZPS is a leading provider of drive and energy systems based on Cat, MaK and EMD engines. The approval of the new MWB Marine Services alliance by the German anti-trust authorities strengthens the engine clout of the increasingly prominent and expanding GDD Read More


Maritime Exhibitions, Conferences and Conversations

Maritime Nation India 2017 being inaugurated by Dr Malini Shankar, IAS, Director General Shipping, Government of India; Mr. Anoop Kumar Sharma - Chairman & MD, Shipping Corporation of India; Mr Upali Zoysa, Director Logistics, Sri Lankan Port Authority; Mr RK Jain, Indian Merchant Chambers; Mr. Niraj Ambani - President, Group Logistics, Reliance Industries; Mr Subhasis Ghosh, Managing Partner Apex Group & Editor Maritime Weekly; and other dignitaries.

Dear {{Name}}

Feedback from the industry and government organizations globally on the 2nd International tradeshow ‘Maritime Nation India 14-16 September 2017 and the Maritime Nation India Awards 2017 continues to inspire us. Highlights included its 15 conferences with 80 speakers, 50 exhibitors and 3500 visitors, proactive participation by industry associations, charity dinner for seafarers by Sailors’ Society, a round table of supply chain leaders and launch of a start-up incubator for the logistics technology sector.

This week we are happy to announce our support for Kish INVEX 2017, Presented by Baharan Tadbir Kish Co.. INVEX (the 9th International Exhibition for Presenting Iran’s Investment Opportunities) - expo is taking place during Oct. 30th – Nov. 2nd, 2017 in Kish Island, Iran. With the perspective of international sanctions being lifted and Iran’s reintegration to the world’s economy, Kish INVEX 2017 offers a great platform for presenting investment opportunities in Iran and to facilitate the process of entering the Iranian market for international companies that are interested in seizing the opportunities in this golden era. With the support of Iran’s Ministry of Roads and Urban Development, and Ports and Maritime Organization of Iran and their affiliated organizations, Kish INVEX 2017 will cover a wider scope of investment opportunities, with a special focus on “Logistics and Transportation” sector and the unique opportunities Iran offers in these fields. Participants can connect with Baharan Tadbir Kish Co. (Main Organizer); Contact Person: Ms. Mahsa Pahlevani – Head of International Affairs; Email: mahsa@baharantadbir.com ; Tell: +98 21 88179790 ; Address: Second Fl., No.17, East 14th St., Beyghqi Blvd., Argentina Sq., Tehran – Iran; Amadgaran Business Chain Management Institute (Co-organizer) ; Contact Person: Mr. Siavosh Eigharlou – Marketing Manager; Email: eigharlou@amadgaran.com ; Or register online at www.kishinvex.com

Maritime Nation India 20-22 September 2018 has already started receiving early interest by exhibitors and sponsors. ( https://maritime-world.com/mni2018/ )

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


Maritime Capital

DP World to acquire Dubai Maritime City and Drydocks World for USD 405 Mln
The National, 18th September, 8 min read
After acquiring Economic Zones World recently, the world’s 4th largest port operator will acquire Dubai Maritime City and Dubai Drydocks World, by Q1 next year. Read More

Chinese firm looking to invest in Black Sea ports in Bulgaria
Hellenic Shipping News, 29 th September, 3 min read
China Harbour Engineering Company (CHEC) has expressed its interest in investing in the Bulgarian Black sea ports of Varna and Burgas and establishing an industrial zone for export of grain products. Read More

India- Edelweiss Asset Reconstruction Co looking to set up LNG terminal to revive Karaikal Port
Economic Times, 26th September, 7 min read
India’s largest asset reconstruction company took over 97% of the debt of the port in 2015 and post conversion owns 11% of the equity. LNG terminal could bring speacialised cargo and revive the port, however the project implementation time would lead to delayed exit of investors including PE Funds. Read More

People & Technology

Rotterdam Port Launches Block chain laboratory
BTC Manager, 29thSeptember, 9 min read
Port of Rotterdam along with the Municipality of Rotterdam have launched the research laboratory named Blocklab, to focus on non-financial uses of block chain technology. Read More

Perspective: 3 Key Elements contributing to Autonomous Shipping
Robotics Tomorrow, 21st September, 12 min read
Over and above a ship’s ability to monitor its own health, recognise what is around it and make decisions based on that information, 3 key elements need to be developed for the success of autonomous shipping. These are Sensor technology, navigation and collision avoidance software algorithms and accurate Communications links over increasingly large distances between the remote operator and the bridge Read More

Californian legislation prioritises labour and environment over port automation
Port Technology, 20thSeptember, 5 min read
New legislation in California declares that environmentally-friendly cargo handling equipment in ports must not be fully automated or remote controlled if it is to be subsidised. The legislation deals with the use of state funds from an environmental taxation system intended to cut air emissions, Cap-and-Trade and appears to be a concession to powerful unions like the International Longshore and Warehouse Union(ILWU), into legislation. Read More

Leisure & Cruise

India’s tourism and shipping ministries working to boost cruise tourism
Money Control, 28th September, 6 min read
The ministries of tourism and shipping have reviewed the detailed report prepared by consultants to finalise the cruise tourism policy. The feasibility of five port locations suggested to be developed under the cruise policy framework could be Mumbai, Goa, Cochin, New Mangalore and Chennai.Read More

Turkey to offer subsidies to cruise tourism operators to boost cruise
Hurriyet Daily News, 1stOctober, 5 min read
Turkey will offer subsidies amounting to $30 per tourist to A-group tourism operators of cruise ships bringing foreign tourists into the country for cruise ships with the capacity of 750 passengers or more until Dec. 31. Read More

Dubai Harbour to have 2nd cruise terminal
The Maritime Standard, 1stOctober, 5 min read
Dubai is expected to be the first cruise destination to build two terminals simultaneously. When completed, the two new facilities are planned to accommodate around 1.2 million passengers annually. Each terminal is expected to be approximately 14,000 m in size with a single 900m long quay Read More


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