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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.

UK updates its industry Code of Practice for autonomous vessels

Autonomous Shipping
Reacting to what it calls “the fast pace of change” in the area of autonomous vessel, the UK has issued an updated version of its industry Code of Practice for Maritime Autonomous Surface Ships

Austal Cyber Hack Probe May Take Years

Cyber Security
Australia's chief cyber security chief said on Tuesday an investigation into the hacking of defense contractor Austal Ltd could take years

ABB Signs Breakthrough Contract for Marine Automation in China

Autonomous Shipping
ABB has won its first marine automation system contract for a cruise ferry in China, after the technology package for Chinese-built Viking Line vessel has been extended to include the ABB Ability System 800xA.

ForSea Completes ABB Powered Battery Ferry Conversion

Autonomous Shipping
Inauguration of Tycho Brahe and Aurora marks successful completion of a high-profile conversion project with ABB’s technology at its heart.

Former U.S. Navy Captain Pleads Guilty in Corruption, Fraud Probe

Navy
A retired U.S. Navy captain pleaded guilty to criminal conflict of interest charges and a former U.S. Navy master chief was sentenced to 17 months in prison today on corruption charges. 

NYK Pushes Decarbonization via NYK Super Eco Ship Design

Autonomous Shipping
As a part of the NYK Group’s medium-term management plan “Staying Ahead 2022 with Digitalization and Green”

Danes take back the Middelgrunden

Wind Energy
Danish company Hofor has bought 10 turbines back from Orsted at the 40MW Middelgrunden offshore wind farm off the coast of Denmark.
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