Maritime News
Latest updates from the maritime industry
3883 articles found
SKF Publishes Annual and Sustainability Report for 2025
SKF, a leading industrial technology provider, has released its Annual and Sustainability Report for 2025, highlighting the company's value creation activities for customers, shareholders, and other stakeholders.
By MGN Editorial
Baltic Dry Index Plunges to 2010 Levels
The Baltic Dry Index, a key indicator of global shipping activity, has fallen sharply, signaling a potential slowdown in the maritime industry.
By MGN Editorial
Panamanian Firms Poised for $4B Lawsuit After AES Acquisition
Panamanian companies Sinolam and others are eyeing a $4 billion lawsuit following the $33.4 billion acquisition of AES Corporation, seeing it as an opportunity to fund their legal battle.
By MGN Editorial
Dishwashers Prove More Eco-Friendly Than Hand Washing, Study Finds
A new study from the University of Michigan finds that using a dishwasher can be more sustainable than hand washing dishes, especially when using the right detergent.
By MGN Editorial
Tug Struck Assisting Abandoned Container Ship in Strait of Hormuz
A UAE-registered tug was struck by missiles while trying to assist the abandoned container ship Safeen Prestige in the Strait of Hormuz, killing the crew.
By MGN Editorial
North Sea Drilling Approved, LNG Carrier Design Secured
Equinor receives green light for North Sea drilling operations, while Samsung Heavy Industries books new LNG carrier tank design contract.
By MGN Editorial
CMA CGM Adds Direct India-USWC Shipping Service
CMA CGM is launching a new express shipping service connecting India and the U.S. West Coast as part of a broader network overhaul.
By MGN Editorial
Container Lines Capitalize on Market Disruption
Container shipping spot rates are rising as carriers manage capacity, demand shifts, and global conflicts impact the market.
By MGN Editorial
Envision Energy Secures Largest Non-Project Offshore Syndicated Financing with $600M Sustainability Loan
Envision Energy, a global leader in green technology, has announced the successful closing of a $600 million sustainability-linked syndicated term loan, marking the company's largest non-project syndicated financing to date.
By MGN Editorial
Envision Energy Secures Largest Sustainability-Linked Loan for Offshore Renewables
Envision Energy, a global leader in green technology, has closed a $600 million sustainability-linked syndicated loan, marking the company's largest non-project offshore financing.
By MGN Editorial
Escalating Middle East Tensions Disrupt Shipping Operations
Reinsurers cancel war-risk coverage, Gulf energy exports threatened, and major container lines suspend bookings as conflict in the Middle East escalates.
By MGN Editorial
EU Urged to Approve Indian Ship Recycling Yards for European List
GMS calls on the European Commission to include qualified Indian ship recycling facilities on the European List under the EU Ship Recycling Regulation.
By MGN Editorial
Eco Wave Power Achieves 'Record Output' During Pilot Project
Eco Wave Power's wave energy pilot project in Israel has delivered record-breaking power output during high wave conditions, demonstrating the technology's potential.
By MGN Editorial
Geopolitical Tensions Disrupt Shipping in the Middle East
Attacks on vessels and maritime infrastructure in the Middle East have severely limited shipping activity in the region, leading to rising tanker rates.
By MGN Editorial
Bunker Prices Surge Amid Middle East Tensions
Global bunker prices have skyrocketed due to escalating geopolitical tensions in the Middle East, impacting energy markets.
By MGN Editorial
Nine Energy Service Emerges from Chapter 11 Restructuring
Nine Energy Service, a provider of innovative completions solutions, has successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy.
By MGN Editorial
Atlas Ocean Voyages Highlights Limited Availability for 2026 Mediterranean Epicurean Expeditions
Atlas Ocean Voyages reports limited availability remaining on its 2026 Mediterranean Epicurean Expedition cruises, which feature included immersive experiences.
By MGN Editorial
Maritime Industry Embraces Transformative Technologies in 2026
A roundup of the latest developments in shipping technology and digital transformation across the maritime industry.
By MGN Editorial
Hemlo Mining Corp. Announces New Long-Term Incentive Plan
Canadian gold producer Hemlo Mining Corp. has granted awards under its 2026 long-term incentive plan.
By MGN Editorial
Marine Insurers Offer War Risk Cover for Straits of Hormuz
London-based and international insurers clarify that war risk coverage is still available for vessels transiting the Straits of Hormuz, a strategic chokepoint in the Middle East.
By MGN Editorial