Logo

Shipping Finance

Stay up to date with the latest in Shipping Finance— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.
Sort Date

South American waters yield more gas: Petrobras makes new find in Colombia

18 Mar, 2026
Brazil’s state-owned energy giant Petrobras has boosted South America’s energy arsenal with a new gas discovery off the coast of Colombia. Noble Discoverer semi-submersible rig; Source: Noble via LinkedIn While confirming a new gas discover...

Baker Hughes lands five-year job with Petrobras in Brazil

18 Mar, 2026
U.S.-headquartered energy technology giant Baker Hughes has won a multi-year deal with Brazil’s state-owned energy giant Petrobras to support critical turbomachinery equipment for the South American country’s offshore and refinery operation...

Pancontinental picks up 12-month extension for Namibia’s Orange Basin permit

18 Mar, 2026
Pancontinental Orange, a subsidiary of Australia-based petroleum exploration player Pancontinental Energy, has secured a one-year extension of its license off the coast of Namibia. PEL 87 location map; Source: Pancontinental Pancontinental ...

Spirit Energy books AG on multi-year North Sea gig

18 Mar, 2026
Spirit Energy, an energy company with two shareholders consisting of Centrica (69%) and Stadtwerke München GmbH (31%), has hired AG Consultancy and Apps (AG), an independent SAP consultancy, on a long-term assignment to support its assets i...

More oil unearthed in Norwegian waters as Equinor strikes black gold again

18 Mar, 2026
Norwegian state-owned energy giant Equinor has unveiled a new oil discovery in the Barents Sea off the coast of Norway, which was drilled with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player. COSL Prospecto...

Two Flex LNG vessels on duty until 2032 and one ship up to 2041

18 Mar, 2026
Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has revealed a contract extension for two LNG carriers and the start of an assignment for another vessel. Flex Resolute; Source: Flex LNG While disclosing the exerc...

Minesto’s microgrid-scale tidal energy powerplant begins producing in Faroe Islands

18 Mar, 2026
Swedish tidal energy developer Minesto has begun production from its 100 kW microgrid-scale powerplant Dragon 4 to the Faroese grid. Source: Minesto This is said to be a preparatory first step of the microgrid project, partly funded by the ...

First US subsea rock installation vessel begins sea trials

18 Mar, 2026
Acadia, the first U.S.-flagged, Jones Act-compliant subsea rock installation vessel (SRIV), owned by Texas-headquartered Great Lakes Dredge & Dock Corporation (GLDD), has begun its sea trials, with operations to start soon. Source: Ulst...