Page 4 - Al-Rashed Newsletter July19
P. 4

SHIPPING WORLD
                                             SHIPPING NEWS



                                             MSC receives world’s largest container ship MSC Gulsun from SHI
                                             Samsung Heavy Industries (SHI) has delivered the world’s largest container ship
                                             MSC Gulsun to Mediterranean Shipping Company (MSC).
                                             The ship is capable of carrying up to 23,756 twenty-foot equivalent units (TEU) a
                                             time.
                                             MSC Gulsun is the first TEU-class vessel to arrive from a batch of six that were
                                             ordered by Swiss-based MSC in September 2017.
                                             The 400m-long containership is 61.5m wide and 33.2m high. It is fitted with a
                                             modern smart dispensing system and exhaust gas cleaning systems, which remove
                                             particulate matters from exhaust emissions after fuel combustion.

                                             COSCO AND CHINA MOBILE FORM 5G PARTNERSHIP
                                             China Cosco Shipping Corporation and China Mobile signed a strategic
                                             collaboration agreement in Beijing on Friday.
                                             Under the agreement, the two groups will start a series of collaborations in areas
                                             including 5G smart applications, cloud computing, supply chain and equity
                                             investment.
                                             Cosco Shipping Ports, Cosco Shipping Technology and China Mobile have also
                                             signed a letter of intent for the joint development of a 5G smart port laboratory.
                                             Cosco has been making greater efforts to be involved with cutting edge
                                             technologies over the past few years.
                                             Last November, Cosco led the establishment of blockchain consortium Global
                                             Shipping Business Network (GSBN) to rival Maersk’s TradeLens. This month, a host
                                             of top carriers and port groups from GSBN signed up to a CargoSmart-led new
                                             association designed to come up with shared digital solutions for the shipping
                                             industry. CargoSmart is now owned by Cosco following the takeover of OOCL last
                                             year.

                                             India considers giving Bangladesh access to west coast ports
                                             The Indian government is considering providing Bangladesh with access to its
                                             Jawaharlal Nehru and Mundra ports on the country’s west coast.
                                             Capable of receiving large mother vessels, the ports are around 2,000km away from
                                             Dhaka, Bangladesh’s capital.
                                             The connectivity with Bangladesh isn’t expected to require additional finance, as
                                             several rail projects between the two Asian countries have already begun, according
                                             to The Hindu Business Line.
                                             The Bangladeshi government is constructing a bridge over the Padma river, which is
                                             expected to benefit both countries.
                                             Currently, Bangladesh’s exports are transported by vessel from the Chittagong port
                                             to either Colombo, Singapore or Port of Klang, Malaysia, for transshipment to
                                             mother vessels. This is an expensive and time-consuming process.
                                             Bangladesh is keen to establish deep-sea ports, but the country’s limited cargo
                                             potential makes that an unviable proposal given the huge investment required.
                                             Meanwhile, more than 4,000km away, Nepal is preparing for a multi-billion-dollar
                                             project for establishing rail connectivity to Chinese ports.








                                                                                                    Source: Splash247, www.ship-technology.com
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