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NYK to build its first methanol-fueled chemical tanker with green loan

NewBuilds
NYK will receive 2 billion from Taiyo Life Insurance Company as a green loan to exclusively finance the building of NYK’s first methanol-fueled chemical tanker.

2018 a better-than-expected year for South Korean shipbuilders

NewBuilds
The 2018 has been a better-than-expected year for South Korean shipbuilders, with an increase in new orders and especially in LNG ships

Five strategic steps to offshore wind innovation in the US

Wind Energy
The Partnership for Offshore Wind Energy Research (POWER-US) issued a white paper, proposing a framework for offshore wind research and innovation

EMAR Offshore Services places order for Damen Tug ASD 2811

NewBuilds
EMAR Offshore Services, a Netherlands-based dedicated maritime service company, has placed an order for a DAMEN ASD Tug 2811

Captured Ukrainian Sailors Lose Court Appeal

Navy
An appeals court in Russian-occupied Crimea has decided that five Ukrainian Navy sailors captured by Russian forces in late November will not be released

Finding More Ways to Capitalize on Digitalization

Digitalization
The adoption of “smart” technology – for both equipment and systems – will escalate across the maritime sector in 2019

The Digital Deck

R&D
Machinery manufacturers are demonstrating that reducing the shipping industry's carbon emissions is not just a mandate for engine makers.

Building Resilience

Merchant Navy
A recent story in Wired, a popular technology magazine, makes for uncomfortable reading for any employee at AP Møller Maersk

Nexans has successfully completed the installation of four interconnector cables for 2018

Subsea Technology
In October 2018, Nexans has successfully completed the installation of the first four cables of NordLink, the power connection between Norway and Germany.

Exxon Mobil: Drilling Continues Offshore Guyana

Oil & Gas
Exxon Mobil Corp said on Wednesday its oil drilling and development activities offshore Guyana

DNV GL promotes use of drones in survey work

Digitalization
Unmanned drones can bring great advantages when used responsibly – unlike last week’s incident near London Gatwick where they led to 36-hour shutdown of flights

Hunan Xiangchuan Shipbuilding sets up yard and repair base in Zhoushan

NewBuilds
China’s Hunan Xiangchuan Shipbuilding Industry has set up a new shipyard and repair base in Zhoushan, Zhejiang province to expand its footprint locally.
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