Maritime News
Latest updates from the maritime industry
3897 articles found
Russia Signals Naval Shield for Shadow Fleet as Sanctions Enforcement Turns Physical
Russia threatens to deploy its navy to protect merchant tankers linked to its oil trade, marking a sharp escalation in the battle over Western sanctions.
By MGN Editorial
Satellites Market Projected to Reach $46.79 Billion by 2031
The global Satellites Market is forecast to grow at a CAGR of 16.9% to reach $46.79 billion by 2031, according to a new report by MarketsandMarkets.
By MGN Editorial
LanzaJet Secures $47M in New Funding to Advance Sustainable Aviation Fuel Technology
LanzaJet announces $47 million in new capital and first close of equity round at $650 million pre-money valuation, further validating its Alcohol-to-Jet (ATJ) sustainable aviation fuel technology and enabling growth.
By MGN Editorial
Depot Connect International Streamlines Portfolio with $130M Sale
Depot Connect International announces the sale of its Industrial Services and Rail Services business to Clean Harbors for $130 million, as part of a strategic portfolio streamlining.
By MGN Editorial
Asia-U.S. Container Rates Continue to Fall as Industry Changes Swirl
Container rates on Asia-U.S. trade lanes have continued to decline as shippers wait out the Lunar New Year holiday, according to industry reports.
By MGN Editorial
Ocean Coral & Turquesa Unveils Exclusive Privilege Area
Ocean Signature Resorts announces the transition of the El Beso Adults Only section to an exclusive Privilege concept at the Ocean Coral & Turquesa resort in Mexico.
By MGN Editorial
Depot Connect International Streamlines Portfolio with $130M Sale to Clean Harbors
Depot Connect International has announced the sale of its Industrial Services and Rail Services business to Clean Harbors for approximately $130 million, as part of a strategic portfolio optimization.
By MGN Editorial
Automotive Composites Market Forecast to Reach $14.7 Billion by 2033
The automotive composites market is expected to grow at a CAGR of 4.2% driven by demand for lightweight vehicles, stricter regulations, and the rise of electric cars.
By MGN Editorial
Boeing and Sun PhuQuoc Airways Announce Major 787 Dreamliner Order
New Vietnamese airline Sun PhuQuoc Airways has placed an order for up to 40 Boeing 787 Dreamliner jets to support tourism and economic growth on Vietnam's largest island.
By MGN Editorial
Residential Construction Woes Ripple Through Maritime Supply Chain
More than half of U.S. residential builders are operating unprofitably, which could impact maritime industries that rely on construction materials and housing demand.
By MGN Editorial
Maersk Expands Terminal Footprint with Stake in DP World's Jeddah Port
Maersk takes a minority stake in DP World's Jeddah terminal, signaling continued consolidation in the global port and terminal industry.
By MGN Editorial
Univar Solutions Expands Ingredients Portfolio with Exclusive Glycolic Acid Distribution Agreement in EMEA
Univar Solutions has announced a strategic partnership to exclusively distribute glycolic acid in the EMEA region, boosting access to ingredients and driving innovation in beauty, personal care, and industrial cleaning.
By MGN Editorial
Shipping Confronts Carbon Footprint of Crew Changes
The maritime industry is grappling with the environmental impact of crew change travel, a significant but often overlooked source of emissions.
By MGN Editorial
Permascand and Magneto Merge to Form Elicron, Eyeing Evolving Maritime Markets
Permascand and Magneto Special Anodes have merged to create a new company, Elicron, focused on supporting customers' operational excellence in evolving maritime markets.
By MGN Editorial
Sinokor Expands VLCC Fleet, Poseidon Principles Urge Climate Disclosure
A roundup of recent maritime industry news, including Sinokor's growing VLCC fleet, the Poseidon Principles' call for continued climate disclosure, and new shipping ventures.
By MGN Editorial
Sinokor Poised for Unprecedented VLCC Spot Fleet Control
Sinokor's surge of VLCC acquisitions is set to give the company unprecedented control of the global VLCC spot trading fleet, according to industry analysis.
By MGN Editorial
SHEIN Invests in Supplier Capability Development
SHEIN continues to strengthen its supplier ecosystem through a multi-year initiative to support manufacturing capability, working conditions, and community engagement.
By MGN Editorial
First UK-Germany Energy Link Reaches Milestone with Transformer Delivery
Siemens Energy delivers the first of seven transformers for the first direct electricity link between the UK and Germany, a major infrastructure project to boost cross-border energy transmission.
By MGN Editorial
Oregon Lays Out Offshore Wind Roadmap, Teekay Exits VLCCs, MSC Launches Lunar New Year Service
A roundup of recent maritime industry news, including Oregon's offshore wind plans, Teekay Tankers' VLCC sale, and MSC's new container service.
By MGN Editorial
Equinor's Barents Sea Drilling Comes Up Dry
Norwegian oil major Equinor's recent exploration drilling in the Barents Sea did not yield any commercial hydrocarbon discoveries.
By MGN Editorial