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USCG allows tankers to operate certain automatic pilot systems

Digitalization
The US Coast Guard published a Final Rule in the Federal Register, allowing tankers with automatic pilot systems that meet certain international standards to operate using those systems in shipping

Wärtsilä is developing a roadmap for localization of its equipment manufacture in Russia

R&D
Wärtsilä is developing a roadmap for localization of its equipment manufacture in Russia, Vitaly Konovalov, Sales Director of Wärtsilä Vostok, said at 2nd LNG Fleet and LNG Bunker in Russia

Alliances Raise Overcapacity and Competition Concerns

Merchant Navy
The International Transport Forum has released a report The Impact of Alliances in Container Shipping highlighting the link between alliances and overcapacity, declining schedule reliability and longer waiting times.

ABB and SINTEF Investigate Hydrogen Propulsion

R&D
Industrial conglomerate ABB and the independent research organization SINTEF have partnered up to build and test a model fuel cell-powered marine propulsion system.

First Reactor Started on Russia’s Floating Nuclear Plant

R&D
Russia’s floating nuclear power plant, long a controversial dream of the country’s atomic energy industry

Fincantieri Establishes Chinese Cruise Hub

Passenger Fleet
Shipbuilder Fincantieri has officially established a cruise hub in Baoshan, China, focused on its shipbuilding activities in the region.

Offshore wind is ‘golden ticket’ for Ireland

Wind Energy
Offshore wind is the only technology with the scale to help Ireland meet future renewable electricity targets, according to a new report.

Windtechnik waltzes into Taiwan

Wind Energy
Deutsche Windtechnik is to open a new business unit in Taiwan after winning a maintenance contract for WPD's 640MW Yunlin offshore wind farm. 

TechnipFMC Wins EPC Contract with Egypt’s MIDOR

Oil & Gas
Oil and gas industry company TechnipFMC has signed a major EPC contract by Middle East Oil Refinery for the modernization and expansion of their existing complex near Alexandria, Egypt.

EDF Sells Stake Dunkirk LNG Terminal

Ports
European electric utility company Électricité de France group has sold its stake in the Dunkirk  LNG terminal, after obtained the requisite regulatory approvals.

DSME clinches VLCC order from Hunter Group

NewBuilds
Daewoo Shipbuilding & Marine Engineering (DSME) has clinched an order from Norway’s Hunter Group to build up to three VLCCs for about $273m.

$300m possible fraud uncovered at Aegean Marine

Business
Up to $300m of cash and assets of Aegean Marine Petroleum Network were believed to have been misappropriated through
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