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Cybersecurity and the “Return on Negligence”

Cyber Security
In a recently released Fairplay/BIMCO/ABS maritime industry survey, nearly half of the 237 respondents reported that their company's annual cybersecurity budget is less than $10,000.

ReCAAP: Piracy Hits Decadal Lows in Asia

Piracy
Piracy in Asia has fallen to decadal lows, according to the latest numbers from regional reporting center ReCAAP.

Congress Passes Key Harbors and Waterways Bill

Safety & Regulations
This year's edition of the Water Resources Development Act (WRDA) has passed the U.S. House and Senate as part of a larger package, and now awaits the president's signature.

Despite Trade War, Oil Traffic Rises at Corpus Christi

Ports
Despite fears of rising crude tanker rates and the escalating trade war with China, the busy petroleum port of Corpus Christi, Texas reports that it has set a new tonnage record for the first nine months of the year. 

Njord Offshore secures Taiwan charter

Wind Energy
Njord Offshore to manage a new Service Accommodation & Transfer Vessel for Siemens Gamesa at Formosa 1 Offshore Wind Power Plant in Taiwan.

Port of Long Beach receives grant for energy resiliency project

Ports
The Port of Long Beach will build and demonstrate a $7.1 million “microgrid” to show the promising new technology’s effectiveness in providing a clean, reliable supply of electricity

Touchdown for BorWin Gamma topside

Wind Energy
Transmission system operator TenneT has installed the 900MW BorWin Gamma topside on its jacket foundation in the German North Sea.

Three Balearia Ferries to Convert to LNG

Passenger Fleet
Spain's Baleària will convert three ferries from diesel to LNG dual fuel using Caterpillar and MaK solutions.

Scrubber numbers surge to 1,850 – ‘decision to invest should be made yesterday’

Safety & Regulations
The popularity of scrubbers as a way to comply with the IMO’s 2020 sulphur cap has grown rapidly over the last six months with over 1,000 systems ordered in that period, according to classification society DNV GL.

Yangzijiang and Mitsui in China joint venture shipbuilding yard

Naval Engineering
China's largest private shipbuilder Yangzijiang Shipbuilding has formed a new joint major Japanese shipbuilders Mitsui E&S Shipbuilding (MES-SC) and Mitsui & Co based at one of the Chinese company's existing yards.

Novatek Discoveries New Gas Field At Ob Bay

Oil & Gas
Pao Novatek,said on Oct. 11 that its subsidiary OOO Arctic LNG 3 has confirmed a new natural gas and gas condensate field in the North-Obskiy license area in shallow-water Ob Bay offshore northern Russia.

The US Navy’s New Tugs To Be Designed By Robert Allan Ltd.

Navy
Robert Allan Ltd. has been awarded a contract to design a new version of the successful Z-Tech® 4500 tugs for the United States Navy (USN).
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