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Equinor expands North Sea Sverdrup monitoring system

R&D
Equinor has contracted Alcatel Submarine Networks to undertake a second stage of development of a permanent reservoir monitoring system on the Johan Sverdrup field in the Norwegian North Sea.

S. Korea: Shipbuilders are starting to sign some big orders

Naval Engineering
Korean shipbuilders are starting to get orders for big ticket ships like liquefied natural gas tankers.

Port Authority welcomes new market initiatives for increased container bundling and shorter port calls in Rotterdam

Ports
BCTN is bundling freight in Alblasserdam from its eight terminals in the Netherlands and Belgium in order to offer point-to-point services to the deepsea terminals on Maasvlakte.

Four LNG Carriers Transit Panama Canal in One Day

River Fleet
The transit of four liquefied natural gas (LNG) carriers through the Panama Canal’s Neopanamax Locks in a single day marks a new milestone for the canal.

Port of Hueneme gets $3 million for zero emission energy project

Ports
The California Air Resources Board has awarded $3 million to the Port of Hueneme to fund their ship to shore zero emission energy project.

OPEC Forecasts Falling HFO Prices and More Scrubber Orders

Business
In its latest annual report on the world's oil market outlook, OPEC has lowered its prediction for non-compliance with the IMO 2020 fuel sulfur content regulation.

Acquisition consolidating the Luno II and Edvard Grieg ownerships

Oil & Gas
Lundin Petroleum AB is pleased to announce that its wholly-owned subsidiary Lundin Norway AS has entered into an agreement with Equinor Energy AS .

Ocean Cleanup gets green light to proceed to Great Pacific Garbage Patch

Safety & Regulations
The Ocean Cleanup announced that it has the 'go' to continue its journey to the the Great Pacific Garbage Patch and start cleaning plastics, after two weeks of tests in the Pacific.

Seanergy Maritime Holdings Becomes Solely Capesize Owner

Business
Seanergy Maritime Holdings Corp, announced today that it has entered into definitive agreements with unaffiliated third parties for the purchase of a modern secondhand Capesize vessel

The Challenge and Promise of India’s New Container Super-Port

Ports
Inter-city transportation in India includes coastal shipping that carries freight at very competitive tariffs.

HII gets $97m contract for 11th US Coast Guard NSC

NewBuilds
The U.S. Coast Guard on Friday awarded Huntington Ingalls Industries  Ingalls Shipbuilding division a $97M firm-fixed-price contract to procure materials for the 11th National Security Cutter.

Ship operating costs decline for sixth successive year

Safety & Regulations
Total annual operating costs in the shipping industry fell by 1.3% in 2017, which compares with the 1.1% average fall in costs recorded for 2016, according to Moore Stephens consultants.
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