Maritime News
Latest updates from the maritime industry
1527 articles found
HSBC Confident in Gulf Economic Outlook Amid Iran Conflict
HSBC expresses optimism about the economic prospects of Gulf countries despite regional tensions with Iran.
By MGN Editorial
Redwood Logistics Expands Managed Transportation Offerings with Stridas Acquisition
Redwood Logistics has acquired managed transportation provider Stridas, marking the company's second acquisition in a week as it bolsters its suite of logistics services.
By MGN Editorial
Dauch Corporation Corrects Inducement Award Figures
Dauch Corporation issues a corrected press release with updated details on inducement awards under NYSE Rule 303A.08.
By MGN Editorial
GPS Spoofing Disrupts Ship Traffic Near Strait of Hormuz
Satellite navigation interference is creating the appearance of vessels sailing toward the Strait of Hormuz, even though the ships are not actually moving, according to reports.
By MGN Editorial
China Agricultural Machinery Market Poised for Strong Growth
The Chinese agricultural machinery market is expected to reach $36.2 billion by 2032, driven by factors like mechanization and government support.
By MGN Editorial
Denison Mines Announces Final Investment Decision for Phoenix ISR Uranium Mine
Denison Mines has reported its 2025 financial and operational results, including a final investment decision to construct the Phoenix in-situ recovery (ISR) uranium mine.
By MGN Editorial
ONE Closes in on Majority Ownership of Seaspan
Japanese container line ONE is set to acquire a 48.9% stake in Seaspan, the world's largest independent containership lessor.
By MGN Editorial
IMO Delays Decarbonization Targets, Forcing Pragmatism in Shipping
The International Maritime Organization's decision to pause its Net-Zero Framework has shifted the industry's decarbonization efforts from ambition to pragmatism, according to maritime leaders.
By MGN Editorial
China's Confident Partnerships Offer Stability in Volatile Times
Former Slovenian president highlights China's steady growth and global partnerships as a stabilizing force amid global uncertainty.
By MGN Editorial
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