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Stay up to date with the latest in Shipping Finance— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.
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Middle East crisis brings ‘temporary suspensions’ to some ADES rigs

25 Mar, 2026
ADES International, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has confirmed suspensions of operations for multiple rigs in its fleet as a result of the ongoing conflict between the U.S.-Is...

$25 billion price tag looms over Gulf energy infrastructure repairs, Rystad says

25 Mar, 2026
Given the reported damage and shutdowns impacting liquefied natural gas (LNG) assets, refineries, fuel terminals, and gas-to-liquids facilities across the Middle East region amid the military conflict between the U.S.-Israel alliance and Ir...

New IMCA president comes from DEME

25 Mar, 2026
The International Marine Contractors Association (IMCA) has appointed Hugo Bouvy, Managing Director of DEME Offshore Energy, as its new president, succeeding Luca Gentili, Head of Asset, Fabrication, and Project Services at Saipem. Hugo Bou...

New ‘industry’s first’ for Halliburton, ExxonMobil, Noble, Sekal, and Wells Alliance offshore Guyana

25 Mar, 2026
As the industry’s shift from automation-assisted drilling to repeatable, scalable well construction automation continues, the U.S.-headquartered oilfield services player Halliburton has tucked a new milestone under its belt by pooling resou...

Leonardo da Vinci finishes cabling in UK waters for NeuConnect, goes to the Netherlands

25 Mar, 2026
Italian cabling giant Prysmian, as the main contractor, has completed all subsea cabling in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany, with...

Chinese shipyard books GTT for tank design of LNG vessel quartet

25 Mar, 2026
French technological containment specialist Gaztransport & Technigaz (GTT) has secured new tank design assignments for four liquefied natural gas (LNG) carriers (LNGCs) with China’s Hudong-Zhonghua shipyard. LNG vessel; Source: GTT GTT ...

Middle East conflict: Energy security risks and price shocks as market volatility hits supply chains

25 Mar, 2026
Since the ignition of the conflict between the U.S. and Israel on one side and Iran on the other, the global markets have been on tenterhooks, as fears continue to grow over the impact the hostilities will have not just on the Middle East r...

Vallourec scores five-contract win in Indonesia

25 Mar, 2026
French provider of tubular solutions Vallourec has secured five contracts for oil country tubular goods (OCTG) products to be delivered in Indonesia. Illustration; Source: Vallourec Vallourec signed two contracts in February for 14,000 tons...