Maritime News
Latest updates from the maritime industry
1618 articles found
Hainan Free Trade Port Sees Surge in Imports and Arrivals
China's Hainan Free Trade Port reports rapid growth in foreign investment, duty-free imports, and visa-free arrivals since its launch.
By MGN Editorial
Frontera Divests Colombian Assets in $750M Deal with Parex
Frontera Energy Corporation announces a definitive agreement to sell its Colombian E&P assets portfolio to Parex Resources Inc. for approximately $750 million.
By MGN Editorial
CMA Shipping Conference Moves to Houston
The long-running CMA Shipping conference is relocating from Stamford, Connecticut to Houston, Texas starting in 2023.
By MGN Editorial
Maritime Industry Briefing: Port Takeovers, Freight Futures, and Offshore Wind Developments
A roundup of recent maritime industry news, including China's response to Panama's port takeover, new container freight futures, and regulatory changes impacting offshore wind manufacturing.
By MGN Editorial
Munich Airport Secures Offshore Wind Power Supply
German utility RWE will supply Munich Airport with 40GWh of electricity per year from a new offshore wind farm in the North Sea, under a 10-year power purchase agreement.
By MGN Editorial
Strait of Hormuz Attacks Escalate as Shipping Tensions Rise
Multiple ships have been hit in the Strait of Hormuz amid ongoing conflict between Iran and the US/Israeli coalition, raising concerns for maritime security in the critical waterway.
By MGN Editorial
OneSubsea Secures Third Contract with PTTEP in 12 Months
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured its third contract with PTTEP in the past year, highlighting the company's growing presence in the offshore energy market.
By MGN Editorial
Green Ammonia Market Projected to Reach $27.67 Billion by 2032
The global green ammonia market is expected to grow rapidly over the next decade, driven by decarbonization goals and the clean energy transition.
By MGN Editorial
Maritime Industry Briefing: LNG Tanker Adrift, Strait of Hormuz Tensions
Recent news covers an adrift LNG tanker in the Mediterranean and heightened security concerns in the Strait of Hormuz.
By MGN Editorial
Alfa Laval Ammonia Fuel System Achieves Commercial Readiness
Swedish marine technology company Alfa Laval completes factory acceptance test for its ammonia fuel supply system, confirming its commercial viability.
By MGN Editorial
Liupanshui Bets on Climate to Boost Tourism
A Chinese industrial city is leveraging its favorable climate to attract more visitors and diversify its economy.
By MGN Editorial
Pangaea Offloads Aging Bulker as Part of Fleet Renewal
US-listed dry bulk owner Pangaea Logistics Solutions sells a 2006-built panamax bulker as part of its ongoing strategy to renew its fleet.
By MGN Editorial
Offshore Oil and Gas Projects Advance in Guyana and Brazil
Major oil companies are making progress on new offshore projects in Guyana and Brazil, signaling continued investment in South American energy production.
By MGN Editorial
Maritime Industry Briefing: DACA Impacts, Hospitality Expansion, and Private Aviation Growth
A roundup of recent news covering the impact of DACA on the trucking industry, Target Hospitality's strategic growth initiatives, and XO's expansion of global access for its private aviation members.
By MGN Editorial
Community Air Monitoring Reshapes Understanding of Air Pollution
A new report highlights how community-led air monitoring projects are improving public health by providing better data on local air quality issues.
By MGN Editorial
Asia's LSFO Prices Surge Amid Middle East Tensions
Disruptions to Middle East oil supplies due to the US-Israel conflict with Iran have driven Asia's low-sulfur fuel oil prices to record highs.
By MGN Editorial
Omani Ports Emerge as Alternative Hubs Amid Hormuz Crisis
Omani ports are being pitched as alternative hubs for cargo amid the ongoing conflict in the Arabian Gulf, as carriers avoid ports inside the region.
By MGN Editorial
Peak Nano Partners with E&P Technologies to Develop Fusion-Grade Capacitors
Peak Nano announces a strategic partnership with E&P Technologies to develop high-energy density capacitors for fusion energy, aerospace, and grid modernization applications.
By MGN Editorial
Wallenius Wilhelmsen Secures Bio-Methanol Supply Deal with Equinor
Norwegian shipping company Wallenius Wilhelmsen has signed a two-year agreement with Equinor to supply bio-methanol for its vessels, supporting the industry's transition to cleaner fuels.
By MGN Editorial
Mexico Truck Production Plummets in February
Mexico's commercial vehicle manufacturing industry reported sharp year-over-year declines in production, exports and sales in February.
By MGN Editorial