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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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EIB continues its support for Malta-Italy interconnector with €100 million

29 Apr, 2026
The European Investment Bank (EIB) is supporting the development of the second electrical interconnector between Malta and Italy with €100 million. Source: European Investment Bank (EIB) The IC2 interconnector will consist of a new ~122-kil...

Noble scores over half a billion dollars in drilling gigs for rig sextet

29 Apr, 2026
U.S.-headquartered offshore drilling contractor Noble Corporation has obtained new drilling assignments and extensions across multiple geographies for six floaters in its rig fleet, including jobs in Brazil, Australia, Guyana, the U.S. Gulf...

Equinor prolongs Norwegian firm’s offshore assignment

29 Apr, 2026
Norway-based cleantech service provider Soiltech has secured a contract extension with the compatriot state-owned energy giant Equinor for offshore waste management services. Illustration; Credit: Lone Stormoen/Equinor Equinor has exercised...

Eni signs on dotted line to relaunch hydrocarbon ops in Venezuela

29 Apr, 2026
Italian energy giant Eni has sealed a deal with Venezuela’s Ministry of Hydrocarbons and Petroleos de Venezuela S.A. (PDVSA) to resume hydrocarbon activities in the South American country. Illustration; Source: Eni Days after Chevron penned...

Naming ceremony held for Nexans Electra with three godmothers

29 Apr, 2026
Norwegian shipbuilder Ulstein has held the naming ceremony for Nexans’ new 155-meter-long cable-laying vessel (CLV) Nexans Electra. Source: Ulstein via LinkedIn Based on the ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the ...

Block Energy making its first foray into Gabon’s offshore oil realm

28 Apr, 2026
AIM-quoted independent oil and gas production and development company Block Energy has made a move to enter a new geographic area through an investment related to two production sharing contracts (PSCs), which will enable it to expand its p...

Taihan to make and install submarine cables for South Korean solar power plants

28 Apr, 2026
South Korean Taihan Cable & Solution has been selected to manufacture, transport and install extra-high-voltage submarine cables for a local solar power generation project. Source: Taihan Taihan will supply the 154 kV cables, joints, an...

Transocean rig hard at work on Beach Energy’s second stage of Australian drilling campaign

28 Apr, 2026
Australia’s oil and gas player Beach Energy has embarked on the next phase of its drilling program in Australian waters, which is being conducted by a rig owned by Transocean, an offshore drilling giant. Transocean Equinox, formerly Songa E...