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Offshore senses uptick in market but uncertainties remain

Oil & Gas
An overall positive macroeconomic outlook and increased regional infrastructure spending have suggested an improving business environment for the ailing offshore industry

Evergreen books four feeder vessels at Jiangnan Shipyard

NewBuilds
Taiwan’s Evergreen Marine has placed an order for four feeder container vessels at China’s Jiangnan Shipyard.

NYK And YLK Jointly Hold Training Program For Staff From Around The World

Societies
Nippon Yusen Kabushiki Kaisha (NYK) and Yusen Logistics Co. Ltd. jointly conducted their 2018 Global NYK/YLK Week from October 29 to November 2 in Japan.

First targetless laser sensor for offshore wind farms developed

Wind Energy
Wärtsilä developed the first targetless laser sensor for offshore wind farm applications, called 'SceneScan Monopole'.

Port of Antwerp signs an agreement with Enabel

Ports
Wednesday 14 November, a collaboration agreement was signed in the port of Antwerp between on the one hand Antwerp Port Authority and its consultancy and investment subsidiary PAI

Meyer Turku starts construction of Carnival XL1

NewBuilds
Meyer Turku says it has started today the production of a 5,286-lower berth cruise ship for Carnival Cruise Line.

OSV Operators Warn of Continued Weak Day Rates

Business
OSV operators Tidewater, Maersk Group and Bourbon Offshore all warn that the OSV market will continue to suffer from low day rates for the near term. 

CargoX’s Blockchain Platform Commences Operation

Digitalization
CargoX launched the CargoX platform on Wednesday saying it is the first open, neutral and accessible blockchain platform in the shipping industry. 

HMM Posts Continued Losses, Invests in Mega-Vessels

Merchant Navy
South Korean ocean carrier HMM announced continued losses on Wednesday, despite higher revenue and rising volumes.

Top Ocean Carriers Launch Digital Standards Association

Digitalization
Five of the world's largest ocean carriers intend to create an association to pave the way for "digitalization, standardization and interoperability" in the container shipping industry.

Petrobras starts up second Buzios field floater

Oil & Gas
 Petrobras has produced first oil and gas from the Búzios 2 area of the presalt Santos basin through the FPSO P-75.

Maersk say bunker surcharges fail to fully cover fuel cost increases in Q3

Business
AP Moller - Maersk says that despite the introduction of an emergency bunker surcharge it is not recovering the full cost of increased fuel prices.
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