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DSME hopeful of finally getting delayed payment for drill ships from Sonangol

NewBuilds
DSME, South Korea’s second-largest shipbuilder, has gotten its hopes up to finally receive the delayed payment of near $1 billion from Sonangol EP

Wärtsilä’s Fully Integrated Scope Chosen For Largest LNG Fuelled High-Speed Catamaran

Naval Engineering
The largest ever high-speed catamaran, which will operate on LNG fuel, will feature a fully integrated scope of supply from the technology group Wärtsilä.

Simon Møkster PSV takes part in NATO exercise

Navy
Stril Mar, a Simon Møkster-owned PSV, is participating in a NATO exercise to trial using civilian vessels to support military operations.

Untrained staff is the greatest cyber risk, report finds

Cyber Security
According to Willis Towers Watson and ESI ThoughtLab, the vast majority of companies (87%) consider untrained staff as their greatest cyber risk.

EMSA: 25% of accidents on Ro-Ros are fire related

Maritime Accidents
According to EMSA data, the last seven years, 3,236 Ro-Ro accidents were reported out of which 25% are fire related, 19% collisions and 16% are attributed to loss of control.

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.
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