27 MAY 2026 Greece’s utility sector has invested heavily in renewables in recent years, and now generates so much solar power that it faces a high rate of curtailment on sunny days. Its mainland grid has been a net exporter of electricity since 2024, benefiting its neighbors. But non-interconnected Greek …
Read More »U.S. SANCTIONS IRAN’S ‘PERSIAN GULF STRAIT AUTHORITY’ AS HORMUZ TRANSIT FIGHT ESCALATES
Vessels in the Strait of Hormuz, Iran, May 22, 2026. 25 MAY 2026 The U.S. Treasury Department on Wednesday formally sanctioned Iran’s so-called Persian Gulf Strait Authority (PGSA), accusing the organization of working with the Islamic Revolutionary Guard Corps (IRGC) to extort commercial vessels transiting the Strait of Hormuz. The …
Read More »MICROPLASTICS COULD AFFECT THE OCEAN’S ABILITY TO ABSORB CARBON
24 MAY 2026 “We study how plastic affects what we call ecosystem services, that is, the services we receive from ecosystems. When the ocean absorbs carbon dioxide from the atmosphere, we consider it as a service the ocean performs for us,” says researcher Francesca Verones. Photo: Francesca Verones, NTNU You …
Read More »ERRATIC TRAFFIC POSES REAL RISKS FOR STRAIT OF HORMUZ TRANSITS
Iran’s view of its area of military control, bounded by twin red lines (IRGC) 23 MAY 2026 A new industry-written guide to transiting the Strait of Hormuz paints a picture of exceptional risk, and not just from the missile and drone attacks launched by Iran. While the shipping industry’s leading associations …
Read More »PANAMA CANAL NAMES FIRST FEMALE ADMINISTRATOR AS CHALLENGES GROW
Panama Canal is seeing a surge in volumes as tankers rush to the waterway after leaving the Middle East (ACP) 22 MAY 2026 The President of Panama, Jose Mulino, announced on Thursday the decision of the Board of Directors of the Panama Canal Authority to appoint its first-ever female administrator …
Read More »TWO CAPESIZE BULKERS COLLIDE IN SINGAPORE STRAIT
Cape XL (red) encounters Huge Kumano (orange) 20 MAY 2026 A major collision occured in the Singapore Strait on Tuesday as a Capesize bulker that was departing an anchorage encountered another Capesize that was passing by on a transit through the waterway. At about 1530 hours local time on the 19th, …
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