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.
Featured News
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.
Chinese-Owned Vessel Hit in Odesa Ahead of Putin China Visit
19, May 2026
A Chinese-owned vessel was hit during a Russian drone strike on Odesa, according to Ukrainian President Volodymyr Zelenskyy, days before Vladimir Putin’s planned state visit to Beijing.
NextEra Energy, Dominion Agree Merger
19, May 2026
NextEra Energy and Dominion Energy agreed an all-stock merger that would create the world’s largest regulated electric utility business.
Iran Introduces Bitcoin Insurance for Hormuz Shipping
19, May 2026
Iran has introduced a Bitcoin-settled insurance service for domestic ships crossing the Strait of Hormuz as Tehran moves to formalize control over vessel traffic and related fees.
China Starts Offshore Wind-Powered Underwater Data Center
19, May 2026
China has started operating an offshore wind-powered underwater data center in Lingang, using direct wind power supply and seawater cooling for low-carbon computing.
Boskalis Orders 24,000-tonne Cable Lay Vessel
18, May 2026
Royal Boskalis plans to build a 24,000-tonne cable lay vessel designed for offshore wind and long-distance HVDC interconnector projects.
Cadeler Installs First Hornsea 3 Monopile With Wind Ally
15, May 2026
Cadeler completed the first fully commissioned monopile foundation installation at Ørsted’s Hornsea 3 offshore wind project using the newbuild vessel Wind Ally.
Senegal Advances $7.5 Billion Yakaar-Teranga Gas Plan
15, May 2026
Petrosen said Senegal’s Yakaar-Teranga deepwater gas project could require around $7.5 billion to develop 25 trillion cubic feet of recoverable gas resources.
