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Saudi Aramco signs wide-ranging MoUs

Oil & Gas
 Saudi Aramco has signed 15 memoranda of understanding (MoUs) and strategic/commercial collaborations with 15 international companies from eight different countries.

Contship looks to expanded La Spezia terminal for 20,000 teu ships by 2022

Ports
Italy’s LSCT in southern Europe will be ready to handle 20,000 teu ULCs by 2022, stepping up from its present capacity of accommodating 16,600-teu boxships.

2020 sulphur cap: ‘Non-compliance not an option’

Safety & Regulations
The arrival of the global sulphur limit in 2020 will pose multiple challenges to ship operators

Ocean energy demos lifted by €8m tide

Tidal Energy
The Oceanera consortium partners have announced €8m in funding for eight marine energy research and demonstration initiatives.

Gaslog Mulls Buybacks, Extra Dividends as Rates Soar

Business
Gaslog, a LNG carrier, said on Thursday it was considering extra dividends or a share buyback after reporting record profit

Fully-electric Schottel Propelled Vessels to Operate in Canada

NewBuilds
SCHOTTEL has signed a contract with Damen Shipyardst equip the first fully-electric vessels to operate in Canada.

SIMEC Atlantis Energy Plans ‘Europe’s Largest Tidal Project’

Tidal Energy
The developer of tidal energy projects SIMEC Atlantis Energy announced the formation of a joint venture company with Development AD Normandy

ONE Drags Down NYK Line Earnings

Business
Container line joint venture ONE dragged down NYK Line in the first half of 2018 ended September 30 with with Japanese shipping group in the red.

UK mission offers US offshore advice

Wind Energy
A UK delegation, including the Team Humber Marine Alliance, is visiting the US east coast to meet with politicians, academics and business leaders to discuss offshore wind development.

CMA CGM Completes Acquisition of Containerships

NewBuilds
CMA CGM has completed its acquisition of Containerships after the European Commission authorized the transaction on October 22.

Container Ships Lead Record Year for Panama Canal

Videos
The Panama Canal closed its 2018 fiscal year with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), a 9.5 percent increase from the previous year.

World’s Largest LNG Bunkering Vessel Delivered

Safety & Regulations
The world’s largest LNG bunker supply vessel, M.V. Kairos, has been delivered to Babcock Schulte Energy, a 50:50 joint venture between Babcock and Bernhard Schulte Shipmanagement. 
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