Business Insights from the Maritime and Logistics Ecosystem – Maritime Weekly 29 September 2017



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Maritime Weekly
Business insights for maritime and logistics executives.

29 September 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 once a week to support you in making informed decisions in the week ahead. Over 20,000 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 – Global trade is rebounding; UK had urged the EU to retain trade terms for 2 years after Brexit; Asia-Europe Trade lane sees significantly lower spot rates

Maritime Infrastructure – Japan, US and India would work together on strategic port developments; Petrochemical giants are investing in the Port of Antwerp; Mitsui OSK and Swan Energy would build India’s first LNG FSRU port project

Multimodal Connectivity – Thailand’s Eastern Economic Corridor is expected to boost connectivity and logistics; Inland Waterways are yet to be commercially viable in India; India’s largest port road evacuation tender for JNPT is moving ahead

Shipbuilding – Italy’s Fincantieri would build a luxury cruise ship for the Cunard brand of Carnival Corporation; Daewoo Shipbuilding secured an order for 5 container ships; India’s Cochin Shipyard is looking for significant expansion across India;

Maritime Nation India 2017 – The 2nd International tradeshow ‘Maritime Nation India 14-16 September 2017 and the Maritime Nation India Awards 2017 were well received by the industry and government organizations globally. Highlights included its 15 conferences with 80 speakers, 50 exhibitors and 3500 visitors, who participated in the tradeshow.
Several industry associations, including Indian Merchants Chamber (IMC), The Institute of Marine Engineers of India (IMEI), the Company of Master Mariners of India (CMMI), EXIM Bank of India, Federation of Freight Forwarding Associations of India (FFFAI), conducted interactive sessions for members on key topics in the maritime and logistics ecosystem including Trade Facilitation Conference (TFC) by World Customs Organisation (WCO) and operationalisation of the International North South Transport Corridor (INSTC) international conference, where representatives from Russian Rail and Iranian Logistics companies participated in the deliberations

Maritime Capital – Nigeria is looking for FDI in maritime Infrastructure; India’s JSW Infrastructure is looking to invest USD 1.1Bln to expand its port business; India’s Essar Ports is looking to invest USD 500 Mln to set up 2 LNG ports;

People and Technology – CMA CGM partnered with Infosys on AI as part of its digital transformation; Kalmar launched a new Rail Mounted Gantry Crane; Logistics and e-commerce sectors offer opportunities to the maritime industry

Leisure and Cruise – Maritime Tourism could boost UAEs Global Competitiveness; India’s Orissa state is seeking private investment for tourism infrastructure; Spain hired a cruise ship to accommodate police personnel in Catalonia

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


Global Maritime Trade


Global trade is rebounding


Reuters, 21st September, 4 min read
Global trade is expected to grow by 3.6 % in 2017, well above the growth of 1.38% in 2016. However, risks related to protectionism and geo-political issues remain Read More

UK urges EU to retain trade terms for 2 years after Brexit



BBC News, 22 nd September, 12 min read

UK has proposed a transition period of 2 years during Brexit, during which trade should continue on the present terms. This would include the EU migrants living and working in the UK and payments made by the UK to the EU budget.. The clarity is expected to support progress in the negotiations of the terms of Brexit. Read More

Asia-Europe Trade lane sees significantly lower spot rates

JOC, 15thSeptember, 6 minread
The Shanghai- Rotterdam spot freight rates have dropped to USD 769 per TEU, being at the lowest level since October 2016. Likewise the China- Mediterranean rates have dropped to USD 730 per TEU, being the lowest since November- 2016 Read More

Maritime Infrastructure

Japan, US and India to work together on strategic port development


The Japan Times, 19th September, 10 min read

The three countries agreed to strengthen connectivity through investment in infrastructure and collaborate to assist strategically important coastal nations in the Asia Pacific region with maritime capacity-building, around key ports Read More

Petrochemical giants invest in the Port of Antwerp


The American Journal of Transportation, 22 nd September, 8 min read

The Total refinery and its logistics partner SEA-Invest are investing in eight new tanks with a capacity of 20,000 m³ each, three additional loading and unloading bays and a pipeline between the terminal and the Total refinery. Chemical giant Evonik is investing to boost the market growth of pyrogenic silica and the Antwerp Terminals and Processing Company (ATPC) has just broken the first ground for an LNG/ethane tank storage farm. Read More

Mitsui OSK and Swan Energy to build India’s first LNG FSRU port project


Outlook,22ndSeptember, 10 min read
The project includes the development of LNG Port facilities utilizing Floating Storage and Regassification Unit (FSRU) for LNG receipt, storage, regasification and send-out. It is located off the Jafrabad coast in Amreli district in Gujarat and would have a regasification capacity of 5 MMTPA of LNG. The port is expected to be operational in the last quarter of 2019 with LNG FSRU and envisages an investment of around USD 925 Mln Read More



Port Connectivity

Thailand’s Eastern Economic Corridor to boost connectivity and logistics

The Loadstar, 21st September, 10 min read

Double-track railways would connect key industrial zones such as Laem Chabang, Map Ta Phut and Sattahip Commercial Port, high-speed rail would link the three main international airports, Don Mueang, Suvarnabhumi and U-Tapao and a new motorway is to connect Bangkok to Rayong. The development of Thailand’s Eastern Economic Corridor (EEC) is expected to boost the country’s contract logistics sector. Read More


India-Inland Waterways yet to be commercially viable


The Hindu, 21st September, 7 min read

Issues such as accumulation of silt, encroachments, and low-lying bridges having low horizontal clearance need to be tackled so that 1,500 to 2,000 tonnage vessels could operate along them. A minimum of 1,000 cargo vessels need to operate along Inland Waterways in the coming five years to make them commercially viable . Private sector could support with considerable help, by introducing vessels and training the local populace in different aspects of navigation Read More


India’s largest port road evacuation tender moves ahead


Business Line, 15thSeptember, 6 min read

The tender aims to evacuate import containers from the 4 terminals of Jawaharlal Nehru Port Trust (JNPT) and involves selecting 7 road transporters, to deploy around 2660 tractor-trailers (TTs) for evacuating half a million TEUs from the port to locations in Gujarat, Maharashtra, MP, Telegana Goa, Karnataka and the local region near Mumbai over distances ranging from 40 km to 1,100 km Read More

Shipbuilding

India’s Cochin Shipyard is looking for significant expansion across India



Splash24/7, 25thSeptember, 2 min read

Cochin Shipyard has recently completed its successful IPO and is expected to establish repair facilities across India in Gujarat, Andaman & Nicobar Islands, Kolkata and Mumbai. The expansion follows through on the ‘Make in India’ campaign of the Indian governmentRead More

Italy’s Fincantieri to build luxury cruise ship for Cunard



Your Shipbuilding News25thSeptember, 5 min read

Italian shipbuilder Fincantieri would build a 113,000 ton ship for the Cunard brand of Carnival Corporation The ship is slated to carry 3000 guests and be built in the Monfalcone shipyard. Read More

Daewoo Shipbuilding secures an order for 5 container ships

Hellenic Shipping News, 22nd September , 4 min read

The shipbuilder has confirmed that it has secured an USD 818Mln deal for building of the 5 containerships. MSC , the world’s 2nd largest container line operator is expected to be the likely buyer of the vessels Read More


Maritime Nation India news



Mr Arun Kumar Gupta, Managing Director , India Ports Global, presenting the Maritime Nation India Hall of Fame 2017 Award to the Minister of Shipping and Ports, Sri Lanka, Mr Mahinda Samarasinghe. The Award was received by Mr Upali Zoysa, Director Logistics, Sri Lankan Port Authority on behalf of the Minister.

The 2nd International tradeshow ‘Maritime Nation India 14-16 September 2017 and the Maritime Nation India Awards 2017 were well received by the industry and government organizations globally. Highlights included its 15 conferences with 80 speakers, 50 exhibitors and 3500 visitors, who participated in the tradeshow.

The tradeshow was inaugurated by Dr Malini Shankar, Director General Shipping, government of India and participated by leading lights of the International maritime and logistics sector and senior members representing the government of India, Sri Lanka , Norway, Germany, Russia, Bangladesh and Iran who also participated in the inauguration, panel discussions, interactions, business sessions and the Maritime Nation India Awards function. The sessions were moderated by global thought leaders from advisory organisations including KPMG, PWC , Transforium etc

Stakeholder conferences of the seven maritime and logistics clusters included trade-lanes & shipping, maritime infrastructure, multimodal-connectivity, shipbuilding & ship repair, investment & finance, automation & training and cruise tourism infrastructure.

A representative of the user participated in each panel discussion leading to very engaging conversations, including with the Indian Navy, in pursuance of the Make in India program for warships.

Sailors’ Society an UK based charity held their first India Dinner for charity of seafarers in association with Maritime Nation India and the first Maritime Nation India Awards 2017 ceremony was held at the dinner. JNPT, Adani Ports and Special Economic Zones, Mumbai Port Trust, DP World, JSW Infrastructure, JBS Academy and the Minister of Shipping of Sri Lanka, Mr Mahinda Samarasinghe , were recipients of the awards.

Several industry associations, including Indian Merchants Chamber (IMC), The Institute of Marine Engineers of India (IMEI), the Company of Master Mariners of India (CMMI),EXIM Bank of India Federation of Freight Forwarding Associations of India(FFFAI), conducted interactive sessions for members on key topics in the maritime and logistics ecosystem including Trade Facilitation Conference (TFC) by World Customs Organisation ( WCO) and operationalisation of the International North South Transport Corridor (INSTC) international conference, where representatives from Russian Rail and Iranian Logistics companies participated.

Participants also benefitted from a Round Table of Supply Chain Leaders from large and complex supply chains like Reliance Industries, IFB, Siemens etc deliberated on ways the supply chain users can collaborate with the maritime & logistics service providers. Hatch and Apex Group launched Star-Ship a logistics technology start-up incubator, which would focus on B2B SAAS solutions for the maritime and logistics sector.

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

Nigeria looking for FDI in maritime Infrastructure



Sundiata Post, 21st September, 4 min read

The Director General of Nigerian Maritime Administration and Safety Agency NIMASA, who is also the chairman of the Association of African Maritime Administrations (AAMA) has challenged African countries to develop its maritime infrastructure by providing a competitive operating environment, proper regulation, incentives and infrastructural development; to make Africa the next maritime investment haven Read More

India’s JSW Infrastructure looking to invest USD 1.1Bln to expand its port business


Business Line, 21st September, 6 min read

The expansion plan includes growing the 3rd party cargo business, such as containers, liquid bulk and LNG besides, expansion of cargo handling facilities at captive ports and building an iron ore coal terminal at Paradip port in Orissa Read More

India- Essar Ports looking to invest USD 500 Mln to set up 2 LNG ports



Live Mint, 24th September, 7 min read


Essar Ports seeks to invest in setting up one liquefied natural gas (LNG) terminal each on the western and eastern coasts in the next 18 months. Hazira and Salaya, where the company operates ports, could be the sites for the LNG terminals in the west coast. Essar has also bid to operate a part of Chabahar Port in Iran ,being developed by the government. Read More

People & Technology

CMA CGM partners with Infosys on AI as part of its digital transformation

Port Technology, 19thSeptember, 8 min read
CMA CGM will use the Infosys artificial intelligence platform and its automation platform to upgrade its customer service, improve the execution processes and improve its internal performance, though a 7 year partnership. Read More

Kalmar launches new Rail Mounted Gantry Crane

Port Strategy , 18thSeptember,4 min read

Kalmar has launched its new RMG, which has a rail span of 20-55 metres, a lifting capacity of up to 65 tonnes and an outreach of up to 18 metres, can stack up to a height of 1 over 6. The new cranes, are suitable for greenfield sites or on existing brownfield operations and, are also fitted with electric drive units which have zero emissions at source. Read More

Perspective-Logistics and e-commerce sectors offer opportunities to the maritime industry



Today, 22 nd September, 14 min read


According to a committee, set up to help chart Singapore’s future as an international maritime hub, the port and maritime industry could benefit by tapping new opportunities offered up by the logistics and e-commerce sectors, as the rising digital economy drives demand for the faster shipment of goods. Read More

Leisure & Cruise

Maritime Tourism could boost UAEs Global Competitiveness


Albawa Business, 25th September, 10 min read
Increasing number of cruise lines are docking at UAE ports and the country’s tourism infrastructure is being rapidly expanded to welcome the surge in cruise tourists, as the UAE is emerging as a significant global maritime player. The UAE is presently competing with 12 other countries for 10 available seats for Category B membership in the IMO to add value to global transport, trade, shipping and maritime tourism.Read More

India-Orissa seeks private investment for tourism infrastructure



Travel Trends Today, 25thSeptember, 10 min read

Orissa is promoting several aspects of tourism in the state including Beach Tourism; Eco Tourism; Buddhist Tourism; Heritage Tourism; Religious Tourism; Medical Tourism; Travel Tourism; Tribal Tourism; Wellness Tourism; Cruise Tourism; Sand Art Tourism and Adventure Tourism. The development of infrastructure in tourism sector, being a critical success factor ,the State Government is looking for private sector participation. Read More

Spain hires cruise ship to accommodate police personnel in Catalonia


Bloomberg, 21st Sept, 7 min read
Spain has hired cruise ships to be moored in the Port of Barcelona as temporary housing for police personnel deployed to keep order in rebel Catalonia and help suppress an illegal independence referendum .Read More


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