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Coming of the smart port era

Ports
Amid a slowing port industry due to the growing anti-globalization factor in the international community, global port operators are ramping up efforts to promote the smart transformation

Cruise Shipping: Sunstone Sells Victory Cruise Lines

Passenger Fleet
SunStone Ships, Inc. sold Victory Cruise Lines to the American Queen Steamboat Company (AQSC).

Golar FSRU Wins LNG Croatia Project

Oil & Gas
State-owned LNG Croatia has selected Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners,  to deliver a FSRU for the nation's first liquefied natural gas import facility.

Equinor Preps For Icy Conditions At Nearly $6 Billion Arctic Subsea Development

Oil & Gas
Equinor says conditions in the area of its northernmost-operated field under development in the Arctic are not considerably more severe than other regions where it operates

Kirby Corporation Signs Agreement To Purchase CGBM’s Inland Tank Barge Fleet

Merchant Navy
 Kirby Corporation today announced the signing of an agreement to acquire substantially all of CGBM 100, LLC's inland marine tank barge fleet for an undisclosed amount.

ICS Chairman worried about today’s threats to global trade

Business
Speaking in Tokyo, the Chairman of the International Chamber of Shipping (ICS), Esben Poulsson, gave emphasis on serious concerns regarding the challenge that the US presented

AMSA to deploy underwater drones to assess containers lost from YM Efficiency

R&D
On 8 November, the Australian Maritime Safety Authority signed a contract to commence operations with Remotely Operated Underwater Vehicles to investigate the containers lost from the YM Efficiency.

Asian seafaring nations focus on fair treatment of seafarers

Societies
A Regional Meeting of Asia’s leading seafaring nations focused on the situation that many seafarers face in case of a maritime accident.

COSCO Shipping Heavy Industry and GTT sign agreement for LNG carrier repairs

NewBuilds
Following the strategic agreement signed between COSCO Shipping Heavy Industry and GTT last year, as a part of the plan, CHI and GTT have signed the TSA on November 8 in Shanghai during the first CIIE.

Long Beach cargo volumes up 5.4 percent in October 2018

Ports
For the second consecutive year, the Port of Long Beach has broken its October record for cargo, as volumes rose 5.4 percent compared to the same month in 2017.

ABP invests £1 million in Port of Lowestoft as part of energy hub vision

Ports
The first phase of a £300,000 demolition project to clear a new 13-acre development site has completed at the Port of Lowestoft’s Shell Quay

Upstream Digitalization Could Save $75 Billion Annually

Digitalization
Wood Mackenzie indicates the upstream sector could see annual cost savings of $75 billion annually from digitalization by 2023. 
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