Cadeler Revenue Rises on Fleet Growth
21, May 2026
Cadeler reported higher first-quarter revenue and EBITDA as its expanded offshore wind installation fleet supported activity across key markets.
Featured News
Iran Defines Hormuz Oversight Zone
21, May 2026
Iran’s PGSA has outlined a claimed oversight zone across the Strait of Hormuz, raising concerns over permits, shipping risk, and legal exposure.
Iran Launches Hormuz Shipping Authority
20, May 2026
Iran has launched the Persian Gulf Strait Authority to manage Strait of Hormuz traffic, warning that unapproved vessel transit may be illegal.
Mingyang Eyes Spain After UK Factory Setback
20, May 2026
Mingyang Smart Energy is considering Spain and other European locations for a turbine plant after UK support for its Scottish factory was blocked.
Poland’s First FSRU Set for 2027 Arrival
20, May 2026
Gaz-System says Poland’s first FSRU vessel has launched at HD Hyundai Heavy Industries and will arrive in the Gulf of Gdańsk by late 2027.
BW Energy Backs Gabon and Brazil Growth
20, May 2026
BW Energy has approved Bourdon in Gabon and Golfinho infill wells in Brazil, targeting more than 100,000 barrels per day in 2028.
SBM Offshore Orders More FPSO Hulls
20, May 2026
SBM Offshore has ordered two additional Fast4Ward® MPF hulls to support future FPSO tenders, including projects offshore Brazil and Guyana.
SK Innovation Starts Vietnam LNG Development
20, May 2026
SK Innovation, PetroVietnam Power and NASU have launched the $2.3 billion Quynh Lap LNG project in Vietnam, targeting commercial operations by December 2030.
Panama Canal Congestion Rises Before June Lock Works
19, May 2026
Panama Canal congestion is rising ahead of June lock maintenance, with reduced transit slots expected to add pressure to shipping schedules and freight costs.
