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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.
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NextGeo’s contract with Saipem offshore Libya increased by €4-6 million

04 May, 2026
Italy’s Next Geosolutions (NextGeo) has secured an expansion of its work scope at a gas project in North Africa under a contract awarded by compatriot engineering, drilling, and construction services giant Saipem at the end of 2025. NG Work...

Southeast Asia’s deepwater gas expansion faces ‘fragile economics’ challenge

04 May, 2026
As Southeast Asia’s second wave of deepwater gas projects targets a 28 trillion cubic feet (tcf) supply, Wood Mackenzie, an energy intelligence group, has shed light on the way operators can navigate what it describes as ‘fragile economics’...

Okeanis Eco Tankers locks in $190m financing for tankers and leaseback exit

04 May, 2026
Greek tanker owner Okeanis Eco Tankers has lined up $190m in new loan facilities to fund vessel acquisitions and buy back ships tied to sale-and-leaseback deals. The New York- and Oslo-listed company, controlled by the Alafouzos family, con...

NextGeo ups its stake in Rana Subsea to 82.5%

04 May, 2026
Italy-headquartered Next Geosolutions (NextGeo) has exercised the call option to acquire a further circa 7.1% of Rana Subsea, a compatriot subsea services company established in 1964, bringing its share capital to 82.5%. Next Geosolutions/I...

Fast-tracking approvals process key to unlocking Australia’s new oil & gas projects

04 May, 2026
Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has applauded a commitment to stable policy settings for the energy future, as encouraging investment in early-stage exploration...

18 companies secure a share of €1.56 billion as Equinor extends key agreements

04 May, 2026
Norwegian state-owned energy giant Equinor is extending key supplier agreements for drilling and well services on the Norwegian Continental Shelf (NCS) with a combined value of around NOK 17 billion (approximately €1.56 billion), set to emp...

Woodside in the clear for plug & abandonment ops offshore Australia

04 May, 2026
Australian energy giant Woodside has received a blessing for its environmental plan (EP) from the country’s offshore regulator to carry out permanent plug and abandonment (P&A) of multiple subsea exploration wells off the coast of Austr...

Marine license variation ‘opens door to further innovation’ at Morlais tidal energy scheme

04 May, 2026
Menter Môn Morlais has secured regulatory approval to deploy different types of tidal technology within the Morlais tidal energy scheme off the coast of Anglesey in Wales. Source: Marine Energy Wales Natural Resources Wales has approved the...