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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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‘Lengthy’ farm-out for African oil & gas assets edging closer to finish line

16 Mar, 2026
Tower Resources, the AIM-listed oil and gas company focused on Africa, is making inroads in closing its farm-out deals for assets off the coasts of Namibia and Cameroon. Illustration; Source: Tower Resources Tower Resources has shed light o...

With $8.6 billion for next chapter, US LNG project has $20.7B financing in the bag

16 Mar, 2026
Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has unveiled a final investment decision (FID) and closing of a multibillion-dollar project financing for the second phase of its third ...

Methanol and ethanol storage expansion project begins at Port of Rotterdam

16 Mar, 2026
Evos Rotterdam, a European provider of storage infrastructure for liquid energy and chemicals, established in 2019, has kicked off an expansion project for (low-carbon) methanol and ethanol storage at the Port of Rotterdam. Daan Vos, CEO of...

Petrobras gives out $736M worth of vessel contracts to compatriot firm

16 Mar, 2026
Brazil’s oil & gas giant Petrobras and compatriot Oceanica Engenharia e Consultoria have expanded their decades-long partnership with new long-term contracts that have a total value of R$4.2 billion (approximately $736 million). Oceanic...

US scoops up nearly $47M in high bids for second Gulf of America oil & gas lease sale

13 Mar, 2026
The U.S. Bureau of Ocean Energy Management (BOEM) has held the second out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act, gathering $46.9 million in high bids from multiple playe...

FPSO on its way back to Côte d’Ivoire as US firm continues its drilling ops in Gabon

13 Mar, 2026
Houston-based energy player Vaalco Energy is weeks away from witnessing the return of a revamped floating production, storage, and offloading (FPSO) vessel to a field off the coast of Côte d’Ivoire, while its drilling program offshore Gabon...

‘Largest and heaviest’ part of $5.1B LNG development reaches Canadian shores (Gallery)

13 Mar, 2026
Woodfibre Management, a privately held Canadian company based in Vancouver, has welcomed the arrival of a giant liquefaction module for its operated liquefied natural gas (LNG) export project under development in British Columbia (B.C.), Ca...

FEED contract marks step forward in Mediterranean’s first CO2 storage project

13 Mar, 2026
Dubai-headquartered engineering and services company Kent has won a front-end engineering design (FEED) contract with EnEarth, a subsidiary of the UK-based oil & gas company Energean, for a CO2 storage project in Greece. Prinos. Source:...