Maritime News
Latest updates from the maritime industry
1687 articles found
Tanker Market Surges as Geopolitical Tensions Disrupt Shipping
Tanker rates are skyrocketing amid rising tensions in the Middle East, while container shipping faces uncertainty from potential military action.
By MGN Editorial
Oil and Diesel Prices Rise, Impacting Maritime Sector
Oil and diesel prices have climbed in early trading, with diesel seeing larger gains than crude, affecting the maritime industry.
By MGN Editorial
Chinese Miners Uncover Rare Minerals in Remote Mountain Range
A team of Chinese miners has discovered a trove of rare and valuable minerals in a remote mountain range, potentially boosting domestic supply of critical resources.
By MGN Editorial
China Uncovers Rare Earth Deposits in Remote Mountain Region
A Chinese expedition into a remote mountain area has uncovered significant deposits of rare earth minerals, a critical resource for the maritime industry.
By MGN Editorial
Attacks on Tankers in Middle East Raise Tensions
Three ships were hit in the Strait of Hormuz and Gulf of Oman, resulting in one seafarer fatality, as tensions escalate in the region.
By MGN Editorial
Shipping Reroutes as Iran Targets Persian Gulf Ports
Major container lines shift operations away from the Strait of Hormuz as Iran attacks ports and vessels in the region.
By MGN Editorial
VLCC Resales Command Record Premium Over Newbuilds
Resale values for very large crude carriers (VLCCs) have surged to unprecedented levels, outpricing newbuild prices by a record $39.5 million.
By MGN Editorial
Polyplastics Develops New PLASTRON® LFT Grades with Post-Consumer Recycled Content
Polyplastics, a global leader in engineering thermoplastics, has announced the development of new long-fiber thermoplastic (LFT) PLASTRON® grades made with post-consumer recycled polypropylene.
By MGN Editorial
Attacks on Shipping Disrupt Middle East Trade
Recent attacks on ships and ports in the Middle East have caused chaos for the maritime industry, leading to heightened security concerns and disruptions to regional trade.
By MGN Editorial
Iran Expands Attacks on Maritime Infrastructure in the Gulf
Iran has escalated its attacks beyond shipping to include offshore oil and gas platforms in the Persian Gulf, raising concerns about regional stability and energy security.
By MGN Editorial
Shell's Port Fourchon Project Bolsters US Gulf Energy Infrastructure
Louisiana-based Chet Morrison Contractors has reached a milestone in a project to enhance the resiliency of Port Fourchon, a critical energy hub in the US Gulf region.
By MGN Editorial
Genus Power Surpasses 26 Million Smart Meter Deployment Worldwide
Genus Power, a leading energy measurement and advanced metering solutions provider, has reached a major milestone of over 26 million smart meter deployments globally.
By MGN Editorial
Offshore Vessel Owner SeaMar Secures Long-Term Contract with Eni
Dutch offshore vessel owner SeaMar has locked in a new long-term contract with Eni Energy Netherlands for its diving support vessel SeaMar Splendid.
By MGN Editorial
Maritime Industry Roundup: North Sea Platform Removal, LNG Deals, and Sustainable Grinding Technology
A roundup of recent maritime industry news, including a major North Sea platform removal project, a long-term LNG supply agreement, and a new sustainable grinding technology partnership.
By MGN Editorial
Metso and Loesche Partner on Sustainable Dry Grinding Technology
Metso Corporation and Loesche GmbH have announced a partnership to introduce a new dry grinding technology for minerals processing applications, aiming to improve sustainability in the industry.
By MGN Editorial
Russian Arctic LNG Tankers Maintain Red Sea Route Amid Middle East Tensions
Despite escalating conflict in the Middle East, Russia's Arctic LNG tanker fleet continues to transit the Red Sea and Bab el-Mandeb strait to Asia, largely unimpeded.
By MGN Editorial
Maritime Industry Roundup: Decarbonization Efforts, Methanol-Powered Ships, and Offshore Wind Developments
A roundup of recent maritime industry news, including Kongsberg Maritime's decarbonization commitment in Indonesia, CMA CGM's new methanol-powered ship, and a cable deal for a German offshore wind farm.
By MGN Editorial
Boa Offshore to Transport Ithaca's Decommissioned Assets
Boa Offshore awarded contract to transport Ithaca Energy's decommissioned FSU Alba and floating production platform FPF-1 for dismantling and recycling.
By MGN Editorial
Offshore Energy Sector Sees Steady Activity Amid Market Shifts
Recent news highlights ongoing projects and contracts in the offshore energy industry, including vessel charters and multi-million-dollar deals.
By MGN Editorial
China Drives Global Green Energy Transition Through Intelligent Manufacturing
China's state-owned power equipment manufacturer Harbin Electric Corporation is accelerating the development of new green and low-carbon power systems, highlighting the country's leadership in the global energy transition.
By MGN Editorial