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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.

Eesti Gaas Orders LNG Bunker Vessel for North-East Baltic Sea

NewBuilds
The leading Estonian energy company Eesti Gaas has placed an order for an LNG (liquefied natural gas)  bunker vessel with bunker tank capacity of 6,000 m3. 

Van Oord acquires MPI Offshore

Wind Energy
Rotterdam, the Netherlands, 2 October 2018 – Van Oord completed the acquisition of MPI Offshore, a specialist offshore wind installation contractor, from Vroon Group.

Subsea 7, OneSubsea Partnership Clinches New GoM Deal

Subsea Technology
The project combines OneSubsea’s subsea production systems (SPS) and Subsea 7’s subsea umbilicals, riser andflowline systems (SURF) expertise.

James Fisher lets Welsh tidal kite fly

Tidal Energy
James Fisher Marine Services (JFMS) has completed its project scope for tidal kite developer Minesto’s Holyhead Deep scheme off the coast of north Wales.

EDF keeps fit at Blyth

Wind Energy
EDF Renewables has contracted Onyx InSight to provide predictive maintenance services for the Blyth offshore wind demonstration project off the coast of Northumberland in north-east England.

US crew swells offshore coffers

Wind Energy
US outfit Seacor Marine Holdings has secured a $130m loan with a syndicate of lenders led by DNB Bank.

Cybersecurity landscape is changing: What’s next?

Cyber Security
“84% of company directors believe that their IT department is able to protect their organizations from a cyber-attack.” These were the findings of a research study by AIG conducted inthe UK two years ago.

Wärtsilä redesigns organisation to enhance customer value

Business
The technology group Wärtsilä has decided to reorganise into two business areas, Wärtsilä Marine Business and Wärtsilä Energy Business, covering both new sales and services for the respective markets.

Port of Amsterdam develops tool for safe LNG bunkering

Ports
The Port of Amsterdam developed a tool to make LNG bunkering safe and sustainable.

Norway Approves Plan For Wintershall Norge-led Nova

Subsea Technology
The plan for development and operation for the Wintershall Norge-operated Nova Field has been approved by Norwegian authorities, Wintershall said in a news release.

First Condensate Ships from Ichthys

R&D
The first shipment of condensate from the INPEX-operated Ichthys LNG Project departed for Asia on Monday.
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