Business Insights from the Maritime and Logistics Ecosystem – Maritime Weekly 16 September 2016

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16 September 2016

Greetings from Maritime Weekly, a newsletter published by Maritime World Services, a research, 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 analyses once a week, to support you in making informed decisions in the week ahead.

What is topical this week

Trade Ministers of BRICS are expected to discuss non-trade barriers, IPRs, SMEs and Hyundai formed a mini-alliance to cover for Hanjin. The container lines are likely to face challenges due to overcapacity.

Global port operator-ICTSI is seeking to expand in SE Asia and Nigeria has called for collaboration among African ports to improve trade in Africa.

DP World Australia and Austrak plan to develop an intermodal rail hub and Malaysia plans 12 projects to improve port and airport connectivity. A new rail through Uzbekistan would route connect Afghanistan-to-China.

In the shipbuilding section, we have news of an Italian company Fincantieri and its Dutch counterpart in race to acquire STX France and new financial incentives in Malaysia could boost the shipbuilding sector.

In MNI 2016 news, this week we are happy to welcome:

Ms Kavita Saha, Managing Director, JP Morgan’s Asia Infrastructure Fund in the panel on Investment and M&A

Mr. Anil Devli, CEO, Indian National Shipowners’ Association in the panel on ‘Trade Lanes & Shipping’.

Mr. Ashish Pednekar, President, Brihanmumbai Custom House Agents' Association in the panel on ‘Automation & Training ’

Mr. Xerexes Master, Joint Managing Director, Master Group of Companies in the panel on ‘Road, Rail, Coastal Shipping & Inland Waterways’

Mr. Keki Master, Senior Vice President, J. M. Baxi & company in the panel on ‘Maritime India as a leisure destination’.

Mr. Jay Bhatia, Managing Director, Tulsidas Khimji Holidays Pvt. Ltd in the panel on ‘Maritime India as a leisure destination’.

DP World plans- to invest USD 440 million USD in Berbera, Somaliland port and IFC along with 2 international banks would invest in Ghana’s Tema port development.

Transas CEO outlines his vision for creating an ecosystem of harmonized integrated solutions and the channel deepening program of US ports of, New York , New Jersey, has been completed to welcome larger container ships.

Vietnam expects to attract more cruise tourists Hurtigruten of Norway is inducting hybrid fuel cruise ships.

The editors invite all our readers to the inauguration of Maritime Nation India 2016 at 10 am on 20 Sep at the CIDCO International Exhibition Centre at Vashi, Navi Mumbai.

Since the editorial team would be engaged in interactions with the readers at Maritime Nation India 20-22 Sep 2016, there would be no weekly newsletter on 23 rd September.

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

Global Maritime Trade

Trade Ministers of BRICS to discuss non trade barriers, IPR and services
Live Mint, 13 September, 12 minutes read
Non-tariff barriers, promotion of services sector, cooperation in IPRs and SMEs are the key issues which are expected to be discussed in the meeting. The meeting is a part of the 8th Annual Summit of BRICS to be held in Goa. India is hosting the summit in October-2016 in its capacity as the Chair of five countries.

Read More

Hyundai forming mini-alliance to cover for Hanjin
Global Trade, 11 September, 10 minutes read
South Korea’s container carrier, Hyundai, would enter in to a mini-alliance with Korea Marine Transport, Sinokor Merchant Marine, and Heung-A Shipping. The alliance plans to deploy 15 vessels on 4 Southeast Asian routes and aims to mitigate Hanjin’s stumbling operations.

Read More

Container lines to face challenges due to significant over capacity
Hellenic Shipping News, 7 September, 21 minutes read
The sluggish economic growth globally and slow recovery in Europe continues to impact the container trade. Severe overcapacity and low contract rates on the trans-pacific container lanes have increased the pressure on rate. Over the year, carriers are expected to experience lower freights.

Read More

Maritime Infrastructure

Global port operator-ICTSI seeking to expand to SE Asia.
SeaTrade Maritime News, 13 September, 12 minutes read
Philippines based global port player, International Container Terminal Services Inc. (ICTSI), seeks to operate a terminal in Indonesia and a long term agreement in Brunei in SE Asia. ICTSI is also eyeing opportunities in Cambodia and Myanmar.

Read More

Nigeria seeks collaboration among African Ports
All Africa, 10 September, 10 minutes read
The Nigerian government has called for collaboration and synergy to enable African countries run ports in lines with international standards. At an event at Ghana recently, the Nigerian delegation called for the development of ports which could facilitate trade.

Read More

Port Connectivity

DP World Australia to develop intermodal rail hub at Somerton, Victoria
Australian Transport News, 9 September, 9 minutes read
With the combined expertise and assets of DP World Australia and Austrak, the rail hub will eliminate over 100,000 truck movements from the roads each year. The new facility would connect Somerton to the interstate rail network via Melbourne Port, with the capacity of 200,000 TEUs per annum. The project is expected to be operational in December-2016.

Read More

Malaysia plans 12 projects to improve port and airport connectivity
New Straits Times, 11 September, 22 minutes read
Malaysian government has lined up 12 projects worth more than 3 billion USD to beef up the county’s ports and airports. A container port in Port Klang is one of the large proposals. An additional investment of about 8 billion USD for making Malaysia a logistics gateway by upgrading infrastructure is also under consideration.

Read More

New rail route from China through Uzbekistan would help connect Afghanistan
Stars and Stripes, 7 September, 7 minutes read
A 3,000-kilometer rail line linking the Afghan port of Hairatan through Uzbekistan and Kazakhstan, to the Chinese port, Haimen, near Shanghai was initiated with a Chinese cargo train. Afghanistan expects a boost in economy by this development.

Read More


Shipbuilders Fincantieri and Damen in the race to acquire STX France shipyard
The Wall Street Journal, 9 September, 6 minutes read
Italian giant Fincantieri SpA and its Dutch counterpart Damen Shipyards are in the running to buy STX France, the only profitable unit of STX, with a full order book for the next seven years. If there is a deal, it could be announced as early as this month.

Read More

Malaysia-new incentives to boost the shipbuilding and ship repair sectors
Hellenic Shipping News, 31 August, 21 minutes read
Malaysia seeks to build their capabilities and capacities to meet the challenges in the global landscape. The incentives, applicable to the new companies with 70% of IT exemption or investment tax allowance of 60% on capital expenditure for 5 years of shipbuilding and ship repair for all geographical areas.

Read More

Maritime Nation India 20-22 September 2016 news

Maritime Nation India September 20-22, 2016 has already received support from the Prime Minister’s Office (PMO) and the Minister of Road Transport, Highways & Shipping , India. We acknowledge the wholehearted support from Jawaharlal Nehru Port Trust (JNPT), Mumbai and Nava-sheva Ship Agents Association (MANSA), Federation of Freight Forwarders Associations of India (FFFAI), Indian National Ship-owners Association (INSA), The Indian Private Ports and Terminals Association (IPPTA), The Association of Multi-modal operators of India (AMTOI) , Indian merchant chamber (IMC), Brihanmumbai Custom House Agents’ Association (BCHAA), Travel Agents Federation of India (TAFI) , Travel Agents Association of India (TAAI) and Shipyards Association of India (SAI).

The Federation of Freight Forwarders Association in India ( FFFAI) is organising the International North South Transport Corridor (INSTC) - International Conference- India 2016 at the International Convention & Exhibition Centre in Navi Mumbai on 21 Sep 2016 in collaboration with Maritime World Services, who are organising Maritime Nation India 2016, International Conference and Exhibition at the same venue.

This week we are happy to welcome our new speaker:

Ms Kavita Saha, Managing Director, JP Morgan’s Asia Infrastructure Fund in the panel on Collaborating to support creation of maritime infrastructure and assets- Investment and M&A . She is responsible for evaluation and negotiation of investment opportunities across the infrastructure spectrum for the Fund in India


Mr. Anil Devli to the panel on: “Collaborating to leverage India as a maritime nation - Trade Lanes & Shipping”. Mr. Devli is the CEO at Indian National Ship owners’ Association. He has a vast experience in the shipping industry.


Mr. Ashish Pednekar to the panel on “Collaborating to increase efficiency and velocity in the Maritime Ecosystem- Automation & Training”. Mr. Pednekar is the President, Brihanmumbai Custom House Agents' Association and President-elect for FFFAI. He is a dynamic person and is well known in the Shipping & Maritime fraternity, has a vast experience of the maritime and logistics businesses.


Mr. Xerexes Master to the panel on: “Collaborate to connect Indian maritime infrastructure-Road, Rail, Coastal Shipping & Inland Waterways”. Mr. Master is the Joint Managing Director at Master Group of Companies. He has been instrumental in the Group’s foray into various businesses such as logistics, testing, inspection, certification and liner agency


Mr. Keki Master to the panel on: “Collaborate to develop and promote maritime India as a leisure destination” Mr. Master is the Senior Vice President at J. M. Baxi & company. He has a vast experience in international shipping, maritime operations, customer regulations, logistics and cruise tourism


Mr. Jay Bhatia to the panel on: “Collaborate to develop and promote maritime India as a leisure destination”. Mr. Bhatia is the Managing Director, Tulsidas Khimji Holidays Pvt. Ltd. He is a certified tourism expert for various countries.


Maritime Weekly invites all our readers to the inauguration of Maritime Nation India 2016 at 10 am on 20 Sep at the CIDCO International Exhibition Centre at Vashi, Navi Mumbai.

We will keep the readers updated on key developments and events that Maritime Weekly supports.

Maritime Capital

DP World to invest USD 440 Mln in Berbera, Somaliland port
Global Construction Review, 9 September, 13 minutes read
With 65% stake, DP World will run the port for 30 years, with an optional 10-years extension. The project would focus on containers with an auxiliary capability to handle non-containerized cargo. DP World operates 75 terminals around the world.

Read More

IFC and international banks join to invest in the Ghana Port Project
Out-Law, 8 September, 12 minutes read
IFC, a part of the World Bank group, signed a 667 million USD package backed by the international banks for the container terminal at Ghana's port of Tema. The port, handling 90% of Ghana's container traffic, has reached capacity and lacks the infrastructure and requires capacity boost.

Read More

People & Technology

Transas CEO outlines the power and potential of Transas Harmonised eco-system of Integrated solutions
TRANSAS, 19 January, 6 minutes read
The CEO of Transas, Frank Coles, has outlined a vision for the maritime technology. Transas would lead the way in creating an ecosystem of harmonized integrated solutions in safety, navigation and ship operations. In these solutions, Transas would unite the global maritime stakeholders in e-Navigation and operations.

Read More

Port of NY/NJ deepened to receive larger container ships post of Panama canal expansion
Maritime Logistics Professional, 9 September, 12 minutes read
The Ports of New York and New Jersey serve the most concentrated and affluent markets. The 50-foot Navigation Channel Deepening Program, in partnership with the U.S. Army Corps of Engineers, has been completed to facilitate the larger containerships following the expansion of the Panama Canal.

Read More

Leisure & Cruise

More cruise ships would visit Vietnam this year
Vietnam Net, 9 September, 7 minutes read
The growing Chinese market has made it possible for Vietnam to attract more cruise tourists. China has become a magnet for cruise lines and partner companies would explore opportunities in China and Vietnam as Vietnam has many tourist attractions.

Read More

Norway-Hurtigruten inducting hybrid fuel cruise ships
The Maritime Executive, 9 September, 16 minutes read
It is expected to reduce fuel consumption and CO2 emissions by 20 percent. It means, saving of more than 3,000 metric tons of CO2 per year which is equivalent to the yearly emissions of 5,540 new cars. This is a milestone investment in true hybrid technology for the Arctic and Antarctic.

Read More

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