Maritime News
Latest updates from the maritime industry
1527 articles found
Nordic American Tankers Continues Fleet Optimization with $40M Suezmax Sale
Tanker owner Nordic American Tankers has sold a 2005-built suezmax vessel for around $40 million as part of its strategy to dispose of older tonnage.
By MGN Editorial
New Sports Dayclub Opens at Mandalay Bay in Las Vegas
A new sports-driven dayclub called Tailgate Beach Club has opened at Mandalay Bay in Las Vegas, featuring a 360-degree viewing experience for major sports events.
By MGN Editorial
PSEG Recognized for Corporate Citizenship and Community Impact
PSEG, a major energy company, has been honored with several national awards for its commitment to corporate responsibility and community engagement.
By MGN Editorial
Strait of Hormuz Disruptions Roil Shipping Fuel Markets
Escalating tensions in the Middle East have led to volatility in shipping fuel prices and supply chains, forcing distributors in Singapore to cut back purchases.
By MGN Editorial
Shipbuilding Surge Continues as Daehan Secures Suezmax Order
South Korean shipbuilder Daehan Shipbuilding wins another Suezmax crude oil carrier order, nearing its 2024 target with 82% of orders already secured.
By MGN Editorial
U.S. Postal Service Faces Financial Crisis, Calls for Relief
Postmaster General warns Congress that unfunded mandates and operating restrictions have created a cash crisis for the U.S. Postal Service, putting the nation's mail service on the brink of financial collapse.
By MGN Editorial
Stena Bulk CEO Erik Hånell to Step Down After 14 Years
Veteran tanker executive Erik Hånell will depart Swedish shipowner Stena Bulk later this year after over a decade at the helm.
By MGN Editorial
American Encore Passes Sea Trials, Sets New Standard for River Cruising
American Cruise Lines' new riverboat, American Encore, has successfully completed sea trials and is now headed to the Pacific Northwest for its inaugural voyages.
By MGN Editorial
South Platte Services Launches Rebrand, AEP Announces Leadership Changes
A roundup of recent news from the maritime industry, including a Colorado waste management company's website and equipment rebrand, and leadership changes at American Electric Power.
By MGN Editorial
AEP Announces Leadership Changes at Appalachian Power and Nuclear Development
American Electric Power has named new leaders for its Appalachian Power and nuclear development divisions.
By MGN Editorial
Wisconsin Carrier Files for Chapter 11 Bankruptcy
A Wisconsin-based freight carrier has filed for Chapter 11 bankruptcy protection, the latest sign of economic challenges in the shipping industry.
By MGN Editorial
Calumet Completes $150 Million Bond Offering
Calumet, Inc. has completed a $150 million offering of additional 9.75% senior notes due 2031, providing capital for the company's operations.
By MGN Editorial
Calumet Completes $150 Million Debt Offering
Calumet, a major refiner and specialty chemicals producer, has completed a $150 million debt offering to bolster its balance sheet.
By MGN Editorial
Maritime Industry Briefing: Economic Forecasts, Oil Prices, and Tanker Sales
A roundup of recent maritime industry news, including revised UK economic forecasts, the impact of high oil prices on asset-backed securities, and the sale of a tanker vessel.
By MGN Editorial
Trucking Trends and Challenges Facing the Maritime Supply Chain
A roundup of recent news on the state of the trucking industry and its impact on the maritime supply chain.
By MGN Editorial
Strait of Hormuz Tensions Escalate as UAE Signals Openness to U.S.-Led Protection Mission
The United Arab Emirates may join a U.S.-led effort to protect shipping in the Strait of Hormuz as Iran's actions threaten the vital waterway.
By MGN Editorial
Strait of Hormuz Disruptions Roil Tanker Markets and Global Supply Chains
Escalating tensions in the Middle East have effectively closed the critical Strait of Hormuz, causing major disruptions to oil exports, tanker operations, and global supply chains.
By MGN Editorial
Middle East Conflict Disrupts Global LPG Supply, Squeezing India
Escalating armed conflict in the Middle East has led to the 'technical' closure of the Strait of Hormuz, creating a critical LPG supply gap for major importer India.
By MGN Editorial
Aeropres Launches Renewable Aerosol Propellants to Advance Sustainability
Aeropres Corporation has introduced a new sustainable platform of renewable aerosol propellants, AeroNu, to help brands reduce environmental impact.
By MGN Editorial
Aeropres Launches Sustainable Aerosol Propellants
Aeropres Corporation has introduced a new platform of renewable aerosol propellants designed to help brands reduce environmental impact.
By MGN Editorial