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CMA CGM Sees Volumes and Revenue Rise

Business
CMA CGM has released its third quarter results saying that volumes have risen 5.5 percent and revenue is up 6.3 percent compared to the third quarter in 2017

West Africa to Promote Electronic Data Exchange for Vessels

Digitalization
Ships and ports will need to be able to exchange arrival and departure data electronically from April 2019

Offshore wind buoys Fisher revenues

Wind Energy
UK marine services provider James Fisher and Sons has recorded a 14% revenue increase thanks to growing demand for its offshore wind services.

GE renewables boss calls for storage revolution

General
GE renewable energy chief executive Jerome Pecresse has said systems combining intermittent clean energy generation with storage are critical to future renewables growth.

Equinor Energy Strikes Gas in Barents Sea

Oil & Gas
Norwegian multinational energy company Equinor Energy has made discovery containing up to 24billion cubic feet of gas in the Barents Sea.

Watch: First oil production from Clair Ridge off UK

Videos
British oil major BP, on behalf of co-venturers Shell, Chevron and ConocoPhillips, announced first oil production from the giant Clair Ridge project in the West of Shetland region off UK.

BIMCO to launch cyber security clause in spring 2019

Cyber Security
BIMCO announced it is developing a clause dealing with cyber security risks and incidents that might affect the ability of one of the parties to perform their contractual obligations.

NYK to pay its crewmembers in digital currency

Digitalization
Japan's largest shipping line by sales, Nippon Yusen K.K., is moving towards building an innovative system by launching its own digital currency for seafarers.

European Parliament votes to increase transport budget by €7bn

Business
The European Parliament's Committee on Transport and Tourism and the Industry Committee voted to raise the general envelope of the Connecting Europe Facility (CEF) transport budget by €7bn to €33.51bn.

IMO supports a training course to empower port women

Safety & Regulations
More women are joining the maritime ranks in many aspect of the industry.

Hanjin Shipyard delivers 2 units of 114K crude oil tanker

NewBuilds
Korean shipbuilder Hanjin Heavy Industries & Construction – Philippines has once again successfully delivered 2 units of 114K Tanker

eConowind Solution Readies for Sea Trials

General
The Dutch engineering firm eConowind BV has finished land-testing its foldable, autonomous wind system and is readying it for sea trials. 
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