21 www.mwani.com.qa

MWANIQATAR EXPRESS

13th

Edition 2017

MWANIQATAR EXPRESS

13th

Edition 2017

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A large number of Mwani Qatar employees participated in the unveiling of the Tamim_AlMajd' portrait at our head office

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HE Minister Witnesses Signing of Agreement between MWANIQatar, Malaysian Companies

New Port Project, AlJaber Engineering Sign Contract to EstablishFood Security Facility

HE Minister of Transport and Communications Jassim Saif Ahmed Al-Sulaiti today witnessed the signing ceremony of an agreement between Qatar Ports Management Company (MWANI Qatar) and a number of Malaysian companies in the field of shipbuilding.As per the agreement signed today in Kuala Lumpur, the signatory Malaysian companies will provide MWANI Qatar with two ships for containers and general cargo transport at lengths of 68 meters and 64 meters, over the next few months.On this occasion HE the Minister, who is also Chairman of MWANI Qatar, said, "The agreement signed today c ontributes to boosting economic cooperation with Malaysian companies in a way that backs the goals of Qatar National Vision 2030."The agreement represents a key turning point for MWANI

Qatar, HE Minister Al-Sulaiti said. He explained that beside its activity in managing ports, wharfs, dry ports, container terminals and cruise and passenger ship terminals, MWANI Qatar will be owner of the ships, and will be managing them for the interest of the national economy and in support for the domestic efforts that aim to promote Qatar's competitiveness on world map."We well know the amount of responsibility that we shoulder to ensure local market stability and the support for sustainable development efforts. For this, we have put a clear strategy with the aim of enabling our ports to become integrated economic entities that support and boost the national economy sustainability and that contribute to achieving the goals of transforming Qatar into a vibrant business hub in the region," HE the Minister said.

Captain Abdulla Al Khanji, CEO of MWANI Qatar, said that the two ships would be built under the supervision of NK, the Japanese classification society, which is one of the internationally recognized societies in the field. This, he noted, aims to ensure that the ships meet world shipbuilding standards and specifications. He also confirmed that the two ships would be equipped with latest world technological systems as MWANI Qatar always takes the matters of environment, security and safety as top priority in all its activities.The Malaysian companies that will build the two ships, Al Khanji said, are recognized in shipbuilding industry with long expertise in the field and owns a great market share in shipbuilding industry around the world

The New Port Project (NPP) Steering Committee and AlJaber Engineering (JEC) signed a contract for designing and constructing food security facilities and warehouses at Hamad Port at a cost of QAR 1.6billion.HE Jassim Saif Ahmed Al-Sulaiti, Minister of Transport and Communications and Chairman of the NPP Steering Committee witnessed the signing ceremony, held at the Ministry headquarters today.The facilities of the project will be developed and constructed on an area of approximately 53 hectares (about 530,000 square meters). The project consists of specialized facilities for the processing, manufacturing, and refining of rice, raw sugar, and edible oils. These products will be available for local, regional and global use.The project also includes bulk storage silos with their associated infrastructure and conveyance equipment, in addition to the fundamental structures fully equipped for the project associated operations of handling, processing, packaging, reloading, and transport.One more feature of the project will be a specialized facility for the recycling of waste products arising from the processing of basic commodities to create animal feed.Those facilities will operate as a fully functional standalone terminal, while 500 meters of the wharf of the port will be dedicated for the berthing and discharging of the ships of this new project.As per the agreement, those food security facilities and warehouses will be built and equipped in collaboration with international consultants, observing best international practices and standards for manufacturing and quality such as German Ipro and Global Port – two prestigious global companies in the field of storage and world ports design. There will also be work with global foodstuff processing and storage companies,

including Bühler; a leading global Swiss-German food industries company, German BIA; the world’s top in designing and constructing raw sugar plants, sugar packaging and storage, and C.M Bernardini; leading global Italian company specialized in the design and supply of equipment and plants for oils and fats industry. On this occasion, HE Minister Al-Sulaiti said, “The State of Qatar views food security as an integral part of its national security. This new project springs from the wisdom and insightful vision of HH the Emir Sheikh Tamim Bin Hamad Al-Thani on the importance of the strategic stockpile for food security and giving it a very important place in the country’s strategies and plans and at the top of its priorities. It also springs from the close follow-up from HE Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al-Thani.”HE the Minister said Qatar over the past few years has remarkably managed to handle its strategic stockpile for food security and expanded its investment in this regard in several world countries.He noted that such an expansion would make Qatar preserve its consumptive market over the coming years regardless of the circumstances it encounters.HE the Minister said that food security warehouses project at Hamad Port will provide a stockpile for 3 million people for two years for each commodity being processed and stored. He added that the project will be constructed in accordance with best international practices and standards and will provide a high capacity for storage, packaging, conveyance, and handling, utilizing latest world technologies.Adding to what this strategic project will be achieving for the strategic stockpile for food security, the Minister said, it also comes as part of the Ministry of Transport and Communications’ efforts to encourage Qatari private sector’s contribution to transport projects to harness the expertise and applied technology, as well as achieving the vision of HH the Emir. The aim is to increase Qatari private sector’s contribution to development endeavors by promoting that contribution to become a source for our national economy.Mr. Mohammed Sultan Al Jaber, Chairman of AlJaber Group of Companies said: “We are thankful to The Ministry of Transport and Communications and the New Port Project Steering Committee for trusting AlJaber Engineering with the design and construction of the ‘Strategic Food Security Facilities Project.”“Being a Qatari company, we are proud to have been chosen for this strategic project for the State of Qatar. AlJaber Group of Companies shall provide full support to the project team to ensure high standards of quality and delivery of time,” he added.The contract was signed by Mr. Eng. Maisar Jamil El Qutami, Project Executive Director, New Port Project and Mr. Osama Hadid, CEO, AlJaber Engineering.The signing ceremony was attended by HE Ambassador of Switzerland Mr. Etienne Thevoz, HE Ambassador of the Federal Republic of Germany Mr. Hans-Udo Muzel and HE Ambassador of Italy Mr. Pasquale Salzano.

The New Port Project (NPP) Steering Committee and AlJaber Engineering (JEC) signed a contract for designing and constructing food security facilities and warehouses at

including Bühler; a leading global Swiss-German food industries company, German BIA; the world’s top in designing and constructing raw sugar plants, sugar packaging and storage, and C.M Bernardini; leading global Italian company specialized in the design and supply of equipment and plants for oils and fats industry.

On this occasion, HE Minister Al-Sulaiti said, “The State of Qatar views food security as an integral part of its national security. This new project springs from the wisdom and insightful vision of HH the Emir Sheikh Tamim Bin Hamad Al-Thani on the importance of the strategic stockpile for food security and giving it a very important place in the country’s strategies and plans and at the top of its priorities. It also springs from the close follow-up from HE Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al-Thani.”HE the Minister said Qatar over the past few years has remarkably managed to handle its strategic stockpile for food security and expanded its investment in this regard in several world countries.He noted that such an expansion would make Qatar preserve its consumptive market over the coming years regardless of the circumstances it encounters.HE the Minister said that food security warehouses project at Hamad Port will provide a stockpile for 3 million people for two years for each commodity being processed and

Mwani Qatar in the News Contd.

22 www.mwani.com.qa

A delegation from Qatar Ports Management Company-Mwani Qatar recently visited the Republic of India. The delegation led by Captain Abdulla Al Khanji CEO of Mwani Qatar, discussed means of enhancing cooperation and investment opportunities with Adani Ports and Special Economic Zone, the main developer and operator of ports in India. The two sides also discussed opportunities for partnership in the fields of ports, maritime transport, logistics and food security.The discussion included the possibility of launching new direct lines between Hamad Port and the ports operated by Adani Ports as part of the Ministry of Transport and Communications plan to strengthen status of Hamad Port- Qatar's main gateway to world trade- as a vital commercial centre in the region.In addition, the delegation toured the Mundra Port, one of the largest ports in the Republic of India. They learned about the port's possibilities, operations, activities and services it provides.Mwani Qatar's CEO Capt. Abdullah Al Khanji praised the good and fruitful results of the visit. The visit will

open up new horizons to enhance Qatar's foreign investments in ports, maritime transport, logistics and food security. It will also support Mwani Qatar's plan to attract more direct shipping lines to Hamad Port, which will contribute to turn the port into a regional center for transshipment, He said.Al-Khanji pointed out the importance of this visit in enhancing Mwani Qatar's presence as a regional and international leading integrated port and logistics services provider, thus contributing to economic diversification away from oil and gas and supporting Qatar National Vision 2030.Adani Ports and Special Economic Zone Limited is an India-based port infrastructure company. The Company together with its subsidiaries develops and operates ports and related infrastructure in India. It operates 10 ports and terminals include Mundra Port, Dahej Port, Hazira Port and Kandla Port. It also offers port and logistics services, including marine, intra-port transport, storage and handling, evacuation, and logistics services across road, railway, and pipeline connectivity. The company provides facilities for cargo comprising dry and liquid bulk, container, and crude oil cargo.

Mwani Qatar discusses prospects for cooperation with India's main ports operator

As part of its efforts to ensure continuous flow of supplies and meet the needs of local market in light of the recent measures taken against the state, Qatar Ports Management Company-Mwani Qatar in cooperation with its partners has inaugurated 5 new direct service lines between Hamad port and a number of ports in the region and beyond in less than 20 days.The launch of the new lines comes within the framework of the directives of the Ministry of Transport and Communications in order to ensure the vessel movement, shipping operation and maritime navigation are not affected by these measures.The first direct service between Hamad Port and Sohar Port in Oman was inaugurated on June 11, 2017. Hansa Neuburg, which is operating under Milaha's DMJ service, was the first ship to call the port under this new service with 1,696 TEUs, including 133 cold storage reefers that contain food supplies.

On June 23, another new line linking Hamad Port directly to Salalah Port was launched with the arrival of the container ship Paul Abrao to the port with a range of various goods and building materials onboard. On the same day, the ship Hansa Magdeburg arrived from India's Nhava Sheva port in a new shipping line connects Hamad port with both of India's Mundra port and Nhava Sheva port.Mediterranean Shipping Company (MSC) on 28th of June inaugurated its maiden voyage between Hamad Port and Salalah Port and MSC KERRY was the first vessel to call the port under the new service with more than 660 containers onboard. The international shipping company, Maersk, started its first direct service between Hamad Port and Salalah Port on 30th of June. The ship Jack London was the first ship to be welcomed under the new service.Green Guatemala which is the first vessel to dock at Hamad Port under the new service between Hamad Port and Turkish ports has sailed from İzmir Port and called at Hamad Port on 2nd of July carrying more than 3000 tonnes of various foodstuffs.The launch of these new maritime lines emphasize the high reliability of the Qatari economy and its ability to adapt to regional and global changes and will contribute to provide fast and secure solutions to importers and exporters, Captain Abdul Aziz al Yafei, Director of Hamad Port commented. We are assured that these new lines will consolidate trade ties between State of Qatar and the world, as well as promoting trade exchange and support Qatar National Vision 2030, he added. Mwani Qatar is committed to play a vital role in stabilizing domestic market by managing Qatar's ports and providing a stable platform for supply-chain for Qatar's economy in cooperation with its partners and stakeholders, al Yafei stressed.Hamad Port is Qatar's main gateway to world trade and is the largest of its kind in the Middle East. It can receive all types of ships and vessels of all sizes and weights. Hamad Port is also one of the most important portals which played a prominent role in breaking the blockade imposed by some neighboring countries on Qatar recently

Mwani Qatar in the News Contd.

Mwani Qatar relocates headquarters to Hamad Port

In line with its strategy aiming at consolidating its position as a leading integrated port and logistics services provider, Qatar Ports Management Company (Mwani Qatar) announced on July 2, 2017 it has completed the relocation of all its departments to the new headquarters at Hamad Port in Umm Al Houl. The new headquarters is equipped with state-of-the-art technology that will ensure the highest levels of efficiency, safety and customer services. It will support the company's objectives aimed to improve productivity, performance and operations, particularly at Hamad Port- Qatar's gateway to world trade.Hamad Port is one of the most important ports managed by Mwani Qatar, which also includes Doha Port and Al Ruwais Port.With these three ports, Mwani Qatar plays a pivotal role in achieving the objectives of Qatar National Vision 2030 by supporting economic diversification, domestic market stability and the implementation of the State's development plans, through ensuring the smooth handling of imports and exports and related supplies for both ongoing and future projects.In addition, Mwani Qatar is promoting the plans aimed at transforming Qatar into a regional trading hub in the region through investing in the infrastructure of ports, modern technology and adopting best practices in its operations. The company's efforts will help to enhance the non-oil sector contribution in the state's GDP, trade between Qatar and the world, as well as supporting the competitiveness of local industries, which will make Qatar more flexible in the face of changes in the global economic environment.Qatar Ports Management Company – Mwani Qatar is a Qatari shareholding company es-tablished in 2009. Mwani Qatar manages seaports, quays, dry ports, container and other terminals, including cruise and passengers, and provides navigation assistance and pilotage, towage as well as Aids to Navigation (AtoN) in addition to loading/ unloading and handling and storage of cargoes in all forms. The company is closely involved in the development of seaports and related services to the highest internationally recognized standards of safety, security and quality.

23 www.mwani.com.qa

Mwani Qatar senior management visited Ruwais Port to oversee the ongoing developments

Hamad Port opens 5 new service lines to consolidate trade ties

Mwani Qatar relocates headquarters to Hamad Port

In line with its strategy aiming at consolidating its position as a leading integrated port and logistics services provider, Qatar Ports Management Company (Mwani Qatar) announced on July 2, 2017 it has completed the relocation of all its departments to the new headquarters at Hamad Port in Umm Al Houl. The new headquarters is equipped with state-of-the-art technology that will ensure the highest levels of efficiency, safety and customer services. It will support the company's objectives aimed to improve productivity, performance and operations, particularly at Hamad Port- Qatar's gateway to world trade.Hamad Port is one of the most important ports managed by Mwani Qatar, which also includes Doha Port and Al Ruwais Port.With these three ports, Mwani Qatar plays a pivotal role in achieving the objectives of Qatar National Vision 2030 by supporting economic diversification, domestic market stability and the implementation of the State's development plans, through ensuring the smooth handling of imports and exports and related supplies for both ongoing and future projects.In addition, Mwani Qatar is promoting the plans aimed at transforming Qatar into a regional trading hub in the region through investing in the infrastructure of ports, modern technology and adopting best practices in its operations. The company's efforts will help to enhance the non-oil sector contribution in the state's GDP, trade between Qatar and the world, as well as supporting the competitiveness of local industries, which will make Qatar more flexible in the face of changes in the global economic environment.Qatar Ports Management Company – Mwani Qatar is a Qatari shareholding company es-tablished in 2009. Mwani Qatar manages seaports, quays, dry ports, container and other terminals, including cruise and passengers, and provides navigation assistance and pilotage, towage as well as Aids to Navigation (AtoN) in addition to loading/ unloading and handling and storage of cargoes in all forms. The company is closely involved in the development of seaports and related services to the highest internationally recognized standards of safety, security and quality.

https://www.porttechnology.org/news/cosco_announces_6.3_billion_bid_for_ooilhttps://www.porttechnology.org/news/cosco_announces_6.3_billion_bid_for_ooilhttps://www.porttechnology.org/news/cosco_announces_6.3_billion_bid_for_ooil

http://www.seatrade-maritime.com/news/asia/container-shipping-unlikely-to-see-more-major-m-as.htmlhttp://www.seatrade-maritime.com/news/asia/container-shipping-unlikely-to-see-more-major-m-as.htmlhttp://www.seatrade-maritime.com/news/asia/container-shipping-unlikely-to-see-more-major-m-as.htmlhttp://www.seatrade-maritime.com/news/asia/container-shipping-unlikely-to-see-more-major-m-as.htmlhttp://www.seatrade-maritime.com/news/asia/container-shipping-unlikely-to-see-more-major-m-as.htmlhttp://www.seatrade-maritime.com/news/asia/container-shipping-unlikely-to-see-more-major-m-as.htmlhttp://www.seatrade-maritime.com/news/asia/container-shipping-unlikely-to-see-more-major-m-as.htmlhttp://www.seatrade-maritime.com/news/asia/container-shipping-unlikely-to-see-more-major-m-as.html

/http://container-news.com/apm-terminals-mumbai-adds-new-india-arabian-gulfmediterranean-direct-service /http://container-news.com/apm-terminals-mumbai-adds-new-india-arabian-gulfmediterranean-direct-service /http://container-news.com/apm-terminals-mumbai-adds-new-india-arabian-gulfmediterranean-direct-service /http://container-news.com/apm-terminals-mumbai-adds-new-india-arabian-gulfmediterranean-direct-service /http://container-news.com/apm-terminals-mumbai-adds-new-india-arabian-gulfmediterranean-direct-service /http://container-news.com/apm-terminals-mumbai-adds-new-india-arabian-gulfmediterranean-direct-service /http://container-news.com/apm-terminals-mumbai-adds-new-india-arabian-gulfmediterranean-direct-service /http://container-news.com/apm-terminals-mumbai-adds-new-india-arabian-gulfmediterranean-direct-service /http://container-news.com/apm-terminals-mumbai-adds-new-india-arabian-gulfmediterranean-direct-service /http://container-news.com/apm-terminals-mumbai-adds-new-india-arabian-gulfmediterranean-direct-service

https://www.porttechnology.org/news/cma_cgm_to_expand_with_875_million_us_terminal_deal https://www.porttechnology.org/news/cma_cgm_to_expand_with_875_million_us_terminal_deal https://www.porttechnology.org/news/cma_cgm_to_expand_with_875_million_us_terminal_deal https://www.porttechnology.org/news/cma_cgm_to_expand_with_875_million_us_terminal_deal https://www.porttechnology.org/news/cma_cgm_to_expand_with_875_million_us_terminal_deal https://www.porttechnology.org/news/cma_cgm_to_expand_with_875_million_us_terminal_deal

/http://www.hellenicshippingnews.com/vlcc-market-under-pressure/http://www.hellenicshippingnews.com/vlcc-market-under-pressure

https://www.porttechnology.org/news/ports_may_help_imo_cut_shipping_ghgshttps://www.porttechnology.org/news/ports_may_help_imo_cut_shipping_ghgshttps://www.porttechnology.org/news/ports_may_help_imo_cut_shipping_ghgshttps://www.porttechnology.org/news/ports_may_help_imo_cut_shipping_ghgshttps://www.porttechnology.org/news/ports_may_help_imo_cut_shipping_ghgshttps://www.porttechnology.org/news/ports_may_help_imo_cut_shipping_ghgs

/http://www.themaritimestandard.com/hutchison-ports-targets-middle-east-opportunities/http://www.themaritimestandard.com/hutchison-ports-targets-middle-east-opportunities/http://www.themaritimestandard.com/hutchison-ports-targets-middle-east-opportunities/http://www.themaritimestandard.com/hutchison-ports-targets-middle-east-opportunities/http://www.themaritimestandard.com/hutchison-ports-targets-middle-east-opportunities

/http://container-news.com/�rst-cma-cgm-container-ship-arrives-duqm-port-timesofoman/http://container-news.com/�rst-cma-cgm-container-ship-arrives-duqm-port-timesofoman/http://container-news.com/�rst-cma-cgm-container-ship-arrives-duqm-port-timesofoman/http://container-news.com/�rst-cma-cgm-container-ship-arrives-duqm-port-timesofoman/http://container-news.com/�rst-cma-cgm-container-ship-arrives-duqm-port-timesofoman/http://container-news.com/�rst-cma-cgm-container-ship-arrives-duqm-port-timesofoman

/http://worldmaritimenews.com/archives/224388/qatar-to-boost-lng-exports/http://worldmaritimenews.com/archives/224388/qatar-to-boost-lng-exports/http://worldmaritimenews.com/archives/224388/qatar-to-boost-lng-exports

http://www.qatar-tribune.com/news-details/id/76065http://www.qatar-tribune.com/news-details/id/76065http://www.qatar-tribune.com/news-details/id/76065http://www.qatar-tribune.com/news-details/id/76065The handling fees of goods at Al Ruwais Port as well as the handling fees of gabbro material at Mesaieed Port have been decreased by 50 percent off the applicable fees.An official from the Ministry of Municipality and Environment said the discounted rates that began on July 10 will remain for three months and might be renewed.

Port of Duqm has received the first containers from French shipping giant CMA CGM via the Oman Express Service operated by Oman Shipping Company through its sub-sidiary Oman Container Line.The containers, which were loaded with project equipment for Sebacic Oman SAOC, soon to become the world’s largest Sebacic Acid plant in Duqm, originated from China and were transshipped via another regional port.

Shipbrokers left and right are highlighting the VLCC tanker markets’ intense negative

pressures. In its latest weekly report, shipbroker Charles R. Weber said that “rates in

the VLCC market were under renewed negative pressure this week, paring last

week’s modest gains and extending to a near two‐month low. Though demand in the

Middle East was stronger, rising 85% w/w from last week’s YTD low to 24 fixtures –

boosted by a surge in demand for AG‐China voyages to an eight‐month high – the

pace of demand seemed slower as half of this week’s tally was covered under

COAs”.

The global container shipping segment is unlikely to see more major merger and

acquisition (M&A) deals following the latest takeover of Orient Overseas (Internation-

al) Limited (OOIL) by Cosco Shipping, according to AlixPartners.

With Cosco Shipping needing time to digest this OOIL acquisition in order to achieve

all the synergies, other carriers are unlikely to make acquisition moves, as the bigger

liners have all played their cards earlier, according to Lim Lian Hoon, managing

director, Hong Kong at AlixPartners.

Qatar is eager to retain its position as the world’s key exporter of liquefied natural gas (LNG), especially in light of the ongoing dispute with its neighbors which could result in more economic sanctions against the country.

Hong Kong-based Hutchison Ports has indicated that ports in the Middle East and African region will represent an important part of its growth strategy. The global terminal operator currently has facilities in Pakistan, Oman, Ajman, Saudi Arabia and Tanzania in East Africa, managing 18 container berths and eight general cargo or ro-ro berths, and is committing a significant amount of investment to strengthen this portfolio. The group has also recently confirmed that it is continuing to look for opportunities to expand in the region.

Member countries have agreed on the outline of an IMO plan to cut Greenhouse Gas emissions (GHG) from global shipping, but the devil will be in the details, such as who will pay for greener technology.States and trade bodies agreed on a seven-line draft outline, the bones of a strategy on cutting GHGs from shipping, at the 71st session of the Marine Environment Protection Committee (MEPC) on July 7, 2017.The IMO hopes to agree a strategy to bring the sector in line with the goals of the Paris Agreement emissions deal in Spring 2018.

Member countries have agreed on the outline of an IMO plan to cut Greenhouse Gas emissions (GHG) from global shipping, but the devil will be in the details, such as who will pay for greener technology.States and trade bodies agreed on a seven-line draft outline, the bones of a strategy on cutting GHGs from shipping, at the 71st session of the Marine Environment Protection Committee (MEPC) on July 7, 2017.The IMO hopes to agree a strategy to bring the sector in line with the goals of the Paris Agreement emissions deal in Spring 2018.

"Orient Overseas International (OOIL) has accepted a takeover sum of US$6.3 billion by Cosco Shipping.If the deal goes ahead, the Chinese company will be the largest Pacific Ocean contain-er shipping service and the world's third largest container liner with 400 vessels, concentrating the market share of the top six companies to 63%ز

The highly anticipated move, predicted by many industry analysts since January, was confirmed in an announcement made on Sunday (July 9, 2017) in Hong Kong.OOIL's majority owner has accepted the bid, though the sale will still need regulatory approval.The Wall Street Journal has reported that the two companies have been in talks for months, but were stuck over pricing.

French based CMA-CGM, a member of the Ocean Alliance, began the new

INDIAMED service to Mumbai with the arrival of the 5,009 TEU capacity CMA CGM

Virginia at APM Terminals Mumbai. The service, linking South Asia with ports in the

Arabian Gulf and Mediterranean, was officially introduced on July 2nd, operating with

vessels provided by CMA-CGM, its APL subsidiary, and Chinese-based Alliance

partner COSCO.

Port News

International Shipping News

24

VLCC Market Under Pressure

Container shipping unlikely tosee more major M&As

www.mwani.com.qa Please note that clicking the title of each article will direct you to the original article

Handling Fees at Al Ruwais, Mesaieed Ports Reduced

First CMA CGM container ship arrives in Duqm Port (timesofoman)

Qatar to Boost LNG Exports

Hutchison Ports targets Middle East opportunities

IMO: Ports May Help Cut Shipping GHGs

CMA CGM Sells Stake in Terminal for $875 Million

Cosco to Buy OOIL for $6.3 Billion

APM Terminals Mumbai adds new India – Arabian Gulf/ Mediterranean direct service

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/http://container-news.com/belt-road-shipping-indices-o�cially-released-chinadaily/http://container-news.com/belt-road-shipping-indices-o�cially-released-chinadaily/http://container-news.com/belt-road-shipping-indices-o�cially-released-chinadaily/http://container-news.com/belt-road-shipping-indices-o�cially-released-chinadaily/http://container-news.com/belt-road-shipping-indices-o�cially-released-chinadaily

/http://container-news.com/drewry-world-container-index-5/http://container-news.com/drewry-world-container-index-5

"Upon review of the results of the nine year period (2008-2016) surveyed, the WSC estimates that there were on average 568 containers lost at sea each year, not counting catastrophic events, and on average a total of 1,582 containers lost at sea each year including catastrophic events. On average, 64% of containers lost during the last decade were attributed to a catastrophic event."

The Shanghai Shipping Exchange (SSE) Tuesday officially launched the Belt and Road shipping indices to track freight trade data among countries involved after a two-year trial.The indices include a Belt and Road trade index, a Belt and Road freight volume index, and a Maritime Silk Road freight index.The Belt and Road Initiative – or the Silk Road Economic Belt and the 21st Century Mar-itime Silk Road – was proposed by Chinese leadership in 2013 to build trade and infra-structure links along ancient overland and maritime Silk Road routes, connecting coun-tries in Asia, Europe, Africa, and Oceania.

Analysis of the Nine Year Trends

In the framework of the importance of Marine Transportation in today’s trade, the chairman and CEOof IRISL, Dr. Mohammad Saeidi, attended in 28th annual session of CMF in Barcelona, 2017 called the Silk Road “A supplementary choice for Marine Transportation”.

International Shipping News

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World Container Index: Drewry assessment on Thursday, 13 July 2017

Belt and Road shipping indices officially released (chinadaily)

IRISL: Silk Road; A Supplementary Choice for Marine Transportation

Containers Lost At Sea – 2017 Update

•The composite index is down by 2.1% this week and up by 13% from

the same period of 2016.

•The average composite index of the WCI, assessed by Drewry for

year-to-date, is US $1,551/40ft container, which is $120 lower than the

five-year average of $1,671/40ft container. It is also 13% higher than

a year ago.

•Spot rates on the Shanghai-Rotterdam route fell by $71 to $1,865 for

a 40ft box this week. The rate volatility decreased largely as the

weekly decline for the same period in 2016 was $232. Similarly,

overcapacity and a slow start to the peak season dragged down the

Transpacific eastbound rates. The spot rates from Shanghai to New

York lost $20 to reach $2,385 for a 40ft box and the rates from

Shanghai to Los Angeles dropped by $77 to $1,313. Drewry expects

the deferral of GRIs on the Transpacific trade to result in further rate

decline next week while the Asia-Europe market is expected to

remain strong.

72% of cargo ships over 20,000GTready to meet ECDIS deadline

Navis: Data Sharing CreatesEfficient Terminals

Almost three-quarters of cargo ships over 20,000 gross tonnage (GT) are already

compliant with the SOLAS-mandated Electronic Chart Display and Information System

(ECDIS) deadline of 1st July 2017, according to the latest figures published by the

United Kingdom Hydrographic Office (UKHO).

The issues caused by a lack of data sharing, digitization, and collaboration between

ports and terminals have been discussed at TOC Europe 2017 with Navis' Guenter

Schmidmeir, General Manager & Vice President EMEA.

Schmidmeir has addressed what needs to happen to overcome problems in how the

industry views sharing its data as many terminal operators see such initiatives as

giving up a competitive advantage.

In the interview, Schmidmeir shares Navis' software strategy for the carrier industry

and the impacts its product development has had on ports and terminals achieving

efficiency through automation.

View Navis in PTI's Supplier Directory

Navis recently produced a video focusing on its involvement with Long Beach Con-

tainer Terminal (LBCT), the first fully-automated container terminal in the US.

� Automation and Optimisation , Automated Decision Making, Digitalisation, Pro-

cess Automation, Robotisation, TOS and Gate Control Systems, Carriers, Container

Handling, Automation Systems, PTI Multimedia, Shipping

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