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Blogs forApril 8th, 2026

Novatek Sets Up Shipbuilding Unit

Novatek has created Severny Inzhiniring, a shipbuilding subsidiary for ice-class LNG carriers and condensate tankers, as foreign yard access remains restricted.

Foreign Firms Exit Korea Offshore Wind

Foreign developers are leaving Korea’s offshore wind sector as delays, rising costs, and weak returns slow projects and shift attention to government-led development.

Jan De Nul Launches Second Cable-Laying Vessel

Jan De Nul has launched William Thomson, its second cable-laying vessel. The 215 m ship will support large-scale subsea cable projects, including TenneT’s 2 GW offshore grid programme.

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