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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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Brazilian firm picks new COO after previous one steps down

06 May, 2026
Brazilian oil and gas company PRIO, formerly known as PetroRio, has unveiled the identity of its new Chief Operating Officer (COO) following the resignation of the previous COO. FPSO Valente (formerly known as FPSO Frade) operating in the F...

Oil & gas search in US Gulf: Drilling ops underway at one project with appraisal coming up soon at another

06 May, 2026
Given the Trump administration’s zest to bolster oil and gas resources, offshore operators are taking action to find more hydrocarbon resources. While drilling activities are ongoing at one development in the Gulf of America (U.S. Gulf of M...

Second ORESA innovation call for offshore energy solutions closing on May 8

06 May, 2026
Offshore Renewable Energy Sustainability Alliance (ORESA), an Interreg North-West Europe project, is inviting small and medium-sized enterprises (SMEs) developing innovative products, technologies, or services within the offshore energy sec...

Global Maritime Forum refreshes board with ING, Navigator executives

06 May, 2026
The Global Maritime Forum has reshaped its board, bringing in fresh voices from shipping and finance while long-serving members step down after reaching term limits. Stephen Fewster, global lead for shipping finance at ING Bank, and Mads Pe...

Turkish shipyard delivers 100-meter cable lay vessel to Norway

06 May, 2026
Norwegian Agalas has taken delivery of a cable laying support (CLSV) and light construction vessel built in Türkiye that will operate with compatriot offshore contractor Cecon Contracting. Source: Agalas Cecon Vigor was launched at the Sefi...

Transocean’s $5.8 billion merger with Valaris pending US antitrust clearance

06 May, 2026
Switzerland-based offshore drilling contractor Transocean’s business combination with the Bermuda-incorporated Valaris is facing extended antitrust scrutiny, as the offshore drilling giants’ merger request is under review with the Federal T...

Hybrid flexible pipe for ultra-deepwater to hit the market in 2028

06 May, 2026
Energy technology company Baker Hughes and Dutch thermoplastic composite pipe (TCP) manufacturer Strohm are developing a hybrid flexible pipe (HFP) for ultradeepwater risers and flowline applications that will be half as heavy as a conventi...

Bunker supplier TFG Marine links financing to digital delivery records

06 May, 2026
TFG Marine, Trafigura’s bunker fuel supply business with John Fredriksen’s Frontline and Alex Saverys-led CMB.TECH has secured a working capital facility of up to $300m from DBS Bank, boosting liquidity as it scales up operations and pushes...