Maritime News
Latest updates from the maritime industry
2651 articles found
Maritime Industry Briefing: Ukraine Escalation Threatens Shipping as Offshore Drilling Gains Traction
A Russian grain ship sank in the Sea of Azov following a suspected Ukrainian drone strike, intensifying maritime security concerns, while offshore contractor Valaris expands operations in South America with a Petrobras contract extension.
By MGN Editorial
Port Commission Hesitation Delays Terminal Automation at LA-Long Beach
Despite terminals' legally guaranteed right to automate since 2008, Los Angeles-Long Beach port authorities are slowing modernization efforts through approval delays, creating a bottleneck for infrastructure improvements.
By MGN Editorial
Workplace Wellness Approaches Reshape Maritime Safety Culture
Leading workplace wellness provider Wellness Workdays will present on integrating employee well-being programs into maritime safety strategies at the National Safety Council Summit, highlighting the growing connection between worker health and incident prevention.
By MGN Editorial
CITGO Petroleum Sponsors 130th Boston Marathon, Highlights Community Engagement
CITGO Petroleum Corporation announces sponsorship of the 130th Boston Marathon on April 20, 2026, as part of its broader community engagement and corporate resilience initiatives.
By MGN Editorial
Maritime Industry Briefing: Fatal Collision Charges and International Security Concerns
A tugboat captain faces seaman's manslaughter charges following a deadly Biscayne Bay collision, while intelligence agencies flag suspected chemical shipments from China to Iran with potential missile applications.
By MGN Editorial
Port of Montreal Leadership Transition: CEO Departs After Two Years Amid Terminal Project Cost Pressures
The chief executive of the Port of Montreal has stepped down after just two years in the role, coinciding with significant cost estimate escalations for a major new container terminal development. The departure signals operational and financial challenges facing one of Canada's largest maritime hubs.
By MGN Editorial
Libya Resumes Salvage Operations on Stricken Arctic Metagaz as IMO Monitors Response
Libya has deployed naval assets to resume salvage efforts on the Russian LNG carrier Arctic Metagaz, with the IMO coordinating international response to what investigators believe was an attack linked to Ukraine operations in the region.
By MGN Editorial
Truckload Carriers Signal Potential Recovery as Q1 Earnings Pressures Begin to Ease
Despite first-quarter headwinds from elevated fuel costs and severe weather, truckload carriers may be poised for an earnings rebound as supply-side improvements and growing freight demand provide offsetting tailwinds.
By MGN Editorial
Supply Chain Pressures: Truck Parking Shortages, Crew Rules, and Rate Inflation Challenge Integrated Freight Networks
Recent regulatory initiatives and market dynamics in trucking and rail operations are raising capacity concerns across North American freight networks, with implications for maritime shippers relying on intermodal connections.
By MGN Editorial
MSC Consolidates Trans-Pacific Services to Strengthen Route Reliability
Mediterranean Shipping Company is streamlining its US West Coast and Asia connections by eliminating Oakland and Vietnam port calls on key trans-Pacific services, prioritizing schedule consistency over port frequency.
By MGN Editorial
Second-Hand Ship Market Maintains Momentum as Valuations Rise
Shipbrokers report robust strength in the second-hand vessel market during Week 14 2026, with asset prices continuing upward trends despite owners adopting more cautious approaches. Multiple market indicators point to sustained transaction activity and rising valuations across major vessel classes.
By MGN Editorial
Iron Ore Prices Retreat as Market Sentiment Softens
Dalian Commodity Exchange iron ore contracts declined on April 3, with the most-traded I2605 contract settling at 799.5 yuan per metric ton amid moderate trading activity and weakening spot prices across the market.
By MGN Editorial
Lawsuit: Carriers and Kroger Allegedly Blocked Hiring of Ex-Quickway Drivers
Three former Quickway drivers have filed a lawsuit claiming that Kroger and three carriers colluded to prevent their hiring in what appears to be a coordinated blacklisting effort.
By MGN Editorial
Trump's Shipping Waiver Fails to Boost Domestic Oil Supply as Refiners Prioritize Exports
President Trump's executive order allowing foreign-flagged vessels to transport fuel between U.S. ports has had minimal impact on domestic oil availability, with refiners and shippers instead maximizing profits by directing fuel exports overseas.
By MGN Editorial
Hambantota Port Capitalizes on Middle East Diversions with Capacity Expansion
Sri Lanka's Hambantota port is experiencing a surge in traffic as shipping lines reroute container and vehicle shipments away from the conflict-affected Arabian Gulf, prompting port expansion plans.
By MGN Editorial
Soaring Bunker Costs Accelerate Push for Ship Efficiency Retrofits
Middle East geopolitical tensions have doubled fuel prices, prompting shipowners to accelerate investments in energy-saving technologies to maintain profitability amid elevated operating costs.
By MGN Editorial
Morocco-France Electric Logistics Corridor Marks Shift Toward Decarbonized Continental Freight
Gotion, Green Power Morocco, and Chery Heavy Trucks have launched a heavy-duty electric logistics corridor linking Morocco and France, signaling growing momentum in low-carbon cross-continental freight solutions amid EU decarbonization mandates.
By MGN Editorial
Morocco-France Electric Logistics Corridor Launches to Decarbonize Cross-Continental Freight
Gotion, Green Power Morocco, and Chery Heavy Trucks have signed an agreement to develop a heavy-duty electric logistics corridor between Morocco and France, establishing a new model for low-carbon cross-continental freight operations.
By MGN Editorial
India Marks Green Shipping Milestone with First Ammonia Dual-Fuel Bulk Carrier Order
Swan Defence and Heavy Industries secures a landmark contract to construct four ammonia-powered bulk carriers for Energy ONE Limited, positioning India as a key player in sustainable maritime technology.
By MGN Editorial
Sanctions Reshape Maritime and Energy Sectors: Compliance Tightens as Strategic Supply Chains Shift
Global maritime operators face intensifying compliance demands as geopolitical tensions reshape shipping and energy infrastructure. The Liberian Registry has issued new seafarer verification guidelines, while Russian producers pursue vertical integration to circumvent Western sanctions.
By MGN Editorial