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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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Aker Solutions on FEED duty for North Sea gas condensate discovery

05 May, 2026
Norway-based energy services provider Aker Solutions has lined up a new front-end engineering and design (FEED) assignment for a gas condensate subsea tie-in development project in the Norwegian sector of the North Sea with the country’s st...

Helix Energy Solutions drops shallow water business in shift toward deeper waters

05 May, 2026
Texas-headquartered offshore energy services company Helix Energy Solutions is divesting its shallow water abandonment business, stating that the move furthers its strategic focus on deepwater operations. Helix Energy Solutions (Illustratio...

Solstad CSV picked by Reach Subsea for Mediterranean and Black Sea

05 May, 2026
Norway’s Reach Subsea is set to charter a Solstad construction support vessel (CSV) for deployment in the Mediterranean and Black Sea region as part of its commitment under a newly secured letter of intent (LOI). Source: Solstad via LinkedI...

Prosafe set on securing ‘follow-on’ vessel work

04 May, 2026
Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has provided insight into its fleet utilization for the first quarter of 2026 and its future expectations. Safe Caledonia; Source: Prosafe While the...

Norwegian CO2 transport and storage project gathers three industry majors

04 May, 2026
Aker Solutions, Knutsen NYK Carbon Carriers (KNCC), a joint venture of Knutsen Group and NYKLine, and Vår Energi CCS AS, the project’s operator, have signed a memorandum of understanding (MoU) to advance the Trudvang CO2 transportation and ...

Eighth FPSO at Brazil’s giant deepwater field begins producing, four to go

04 May, 2026
Brazilian state-owned oil & gas giant Petrobras has commenced production from the eighth floating production storage and offloading (FPSO) vessel at the Búzios field offshore Brazil earlier than planned. FPSO P-79 is the eight of the 12...

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’...