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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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Shell enriches gas business with $22 billion ARC Resources takeover

27 Apr, 2026
UK-headquartered energy giant Shell has made a move to strengthen its liquefied natural gas (LNG) arsenal through a multibillion-dollar cash‑and‑share deal for the acquisition of Canada-based ARC Resources. Illustration; Source Shell Shell ...

Seatrium ticks tugboat fleet sale off non-core asset divestment list

27 Apr, 2026
Singapore-based offshore, marine, and energy solutions provider Seatrium has brought to a close the disposal of its tugboat fleet as it continues its mission to part ways with non-core assets in its portfolio. Seatrium yard; Source: Seatriu...

Japanese trio launches demo project on ammonia supply for vessels in Singapore

27 Apr, 2026
Japan’s Sumitomo Corporation, Kawasaki Kisen Kaisha (“K” Line), and Nippon Yusen Kabushiki Kaisha (NYK Line) have jointly applied to run a demonstration project on the supply of ammonia fuel for vessels in Singapore, building on their memor...

Saipem’s drillship tasked with appraising Namibia’s light oil discovery

27 Apr, 2026
African energy exploration player Rhino Resources has booked a drillship from Italy’s Saipem to undertake appraisal activities at a light oil-bearing reservoir discovery made during a drilling campaign on Block 2914 in the Orange Basin off ...

€100 million EU financing backs Port of Klaipėda’s energy transition path

27 Apr, 2026
The European Investment Bank (EIB) has approved approximately €100 million in financing to support the energy transition, among other things, at the Port of Klaipėda in Lithuania. Archive; Courtesy of Port of Klaipėda The €201 million proje...

Multimillion-dollar extension keeps Archer busy in Norway for three more years

27 Apr, 2026
Oslo Stock Exchange-listed oil services company Archer has won a multi-year contract extension with Norway’s state-owned energy giant Equinor for work on the Norwegian Continental Shelf (NCS). Illustration; Source: Archer Archer has secured...

Equinor picks up permit for drilling ops with Transocean rig

27 Apr, 2026
Norway’s state-owned energy giant Equinor has obtained a drilling permit for operations in the Barents Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by Transocean, an offshore drilli...

Idle vessel from Shearwater’s fleet finds new owner

27 Apr, 2026
As part of its fleet optimization journey, Norway’s Shearwater GeoServices is selling a 14-year-old vessel that has been in lay-up since 2021 to be converted into a dedicated source vessel. Source: Ulstein Through one of its wholly owned su...