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First Photos Show Fire Damage to the Yantian Express’ Cargo

Merchant Navy
The first photos of the fire damage to the container ship Yantian Express have emerged

IMO to finalize polar communication and navigation equipment guidance

Safety & Regulations
IMO’s Polar Code aims to ensure that ships operating in the Arctic and Antarctic areas consider extremes of temperature and make sure critical equipment remains operational

Bangladesh’s second LNG terminal to start in March; supply faces hiccups

Ports
Bangladesh’s second liquefied natural gas (LNG) terminal is expected to start operations in mid-March though domestic pipeline constraints

MDL, TechnipFMC conclude four projects in the North Sea

Oil & Gas
 Maritime Developments Ltd. (MDL) has completed a four-project campaign with TechnipFMC in the North Sea.

New is better in LNG propulsion, concludes major study

Oil & Gas
As the 2020 deadline for lower emissions looms ever closer, shipowners increasingly prefer to install LNG propulsion in new ships

Divesting Kongsberg Evotec to meet regulatory requirements

Business
As a result of the acquisition of Rolls-Royce Commercial Marine, Kongsberg Gruppen has entered into an agreement with Rome AS to divest Kongsberg Evotec.

Shipbuilding: Synergy’s New 20,000+ TEU Containership

NewBuilds
Synergy Group took delivery of Ever Gifted, an Ultra Large Container Vessel (ULCV) newbuilding built in Japan at Imabari Shipbuilding.

Barclays Rejects Arctic Drilling

Oil & Gas
U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing

Equinor Extends Esvagt Contract

Oil & Gas
Norwegian multinational energy company Equinor ASA and the provider of emergency rescue and response vessels Esvagt

Siemens Gamesa launches 10MW offshore turbine

Wind Energy
Siemens Gamesa has taken the wraps off a new 10MW offshore wind turbine that offers up to 30% more annual energy production than its current 8MW offering.

Norway grants record number of 83 offshore licenses

Oil & Gas
Norway granted 83 blocks to explore for petroleum resources in the Norwegian continental shelf.

Russian Navy places more than 30 underwater drones on combat duty

Navy
According to TASS, the Russian Navy aspires to put more than 30 Poseidon strategic nuclear-capable underwater drones on combat duty.
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