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IMO 2020 to cause one-off oil demand surge before market adjusts: OPEC

Business
Tighter global shipping pollution regulations from 2020 will lead to a temporary surge in oil demand while denting the oil revenues of producers of heavy or high sulfur crudes

The use of drones in shipping and cover implications

R&D
As drone technology has recently seen an increased popularity in maritime surveillance, Ben Burkard, Underwriting Director, and Julian Hines, Loss Prevention Manager at the Standard P&I Club,

Novatek Ships First Yamal LNG to Brazil

Merchant Navy
Russia's Novatek has shipped its first LNG cargo to Brazil: the LNG was produced from the Yamal LNG project. The cargo was delivered to the Bahia Regasification Terminal owned by Petrobras.

IMO Encourages Maritime Transport Strategy Development

R&D
The IMO is encouraging countries to develop a maritime transport strategy, highlighting that maritime transport is a central part of the “blue economy”

Port of Bergen to build Europe’s largest onshore power supply

Ports
Port of Bergen will build Europe’s largest onshore power supply in Norway’s largest cruise port.

US reveals strategy to improve cyber security

Cyber Security
US's President Donald Trump signed America's National Cyber Strategy.

Panama unflags last migrant rescue ship in central Mediterranean

Safety & Regulations
The Panama Maritime Authority has revoked the registration of the search and rescue ship 'Aquarius 2',

CMA CGM say sulphur cap to cost an additional $160 per teu

Merchant Navy
Container line CMA CGM says the 0.5% sulphur cap in 2020 will cost an additional average of $160 per teu, and will be charged to customers through fuel charges.

CWind on cable hotline for Vattenfall

Wind Energy
CWind has signed a five-year framework agreement with Vattenfall for cable repairs across the developer's European offshore wind farm portfolio.

Simec Atlantis extends half-year losses

Tidal Energy
Edinburgh tidal developer Simec Atlantis Energy recorded a half-yearly loss of over £9m up to the end of June 2018.

Arkona delivers first power

Wind Energy
Eon and Equinor have delivered electricity to the German grid for the first time from the 385MW Arkona offshore wind farm

Why China buying up ports is worrying Europe

Business
There is rising concern about whether China will use its commercial acquisitions of overseas ports for military purposes
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