Maritime News
Latest updates from the maritime industry
2651 articles found
Hormuz Toll Proposal Shakes Shipping Markets as Newbuild Orders Surge
Geopolitical tensions at the Strait of Hormuz intensify as the U.S. considers toll mechanisms on transiting vessels, while container and tanker operators accelerate newbuild programs across Asian shipyards.
By MGN Editorial
DNV Selected to Certify Class D Devices for US Manufacturer Under EU IVDR Regulations
Det Norske Veritas has been selected to certify in vitro diagnostic devices for a leading US manufacturer transitioning to EU's new IVDR framework, leveraging DNV's digital certification platform.
By MGN Editorial
Hunting Secures $63.5M Subsea Contract for Guyana Offshore Development
London-based Hunting plc has been awarded subsea service orders worth $63.5 million for a new offshore development project off the coast of Guyana, underscoring continued investment in the region's growing hydrocarbon sector.
By MGN Editorial
Geopolitical Tensions Reshape Global Oil Tanker Routes and Fleet Investment
Middle East conflicts and Black Sea infrastructure attacks are forcing oil exporters to reroute shipments and invest in fleet capacity, as tanker operators adapt to heightened geopolitical risks.
By MGN Editorial
Offshore Energy Companies Secure Long-Term Contracts, Signaling Sector Confidence
BW Energy extends its Gabon asset licence for 25 years while Dolphin Drilling books rig work through 2030, reflecting renewed optimism in the offshore oil and gas sector despite market volatility.
By MGN Editorial
Yamal LNG Resumes Asian Shipments as European Demand Dominated First Quarter
Russia's Yamal LNG project has dispatched its first liquefied natural gas cargo to China since November, signaling a shift in trade flows after European buyers dominated Q1 2026 supply.
By MGN Editorial
Offshore Energy Sector Marks Major Project Milestones in Oil, Gas, and Wind
Offshore energy production and infrastructure continue advancing globally as PRIO and Aker BP bring new subsea projects online while the Netherlands establishes frameworks to support offshore wind expansion.
By MGN Editorial
Persian Gulf Crisis Deepens: Ship Strikes, Stranded Seafarers, and Market Turbulence
The Strait of Hormuz faces unprecedented instability with container ships targeted by strikes, 20,000 seafarers stranded, and Iran imposing new conditions for reopening the critical waterway. The IMO is calling for coordinated international action as crude prices hold above $109/barrel.
By MGN Editorial
LNG Shipping Rallies to Record Highs as Geopolitical Tensions Reshape Fleet Demand
The UP World LNG Shipping Index surpassed the 230-point mark for the first time, driven by Middle East tensions that are accelerating crude carrier orders and redirecting European supply chains through alternative routes.
By MGN Editorial
Strait of Hormuz Crisis Extends Beyond Oil: Nine Other Commodities Face Critical Supply Disruption
The shipping crisis in the Strait of Hormuz represents the largest supply disruption in global oil market history, with impacts rippling across nine additional commodity classes critical to maritime trade.
By MGN Editorial
Maritime Industry Briefing: Regulatory Shifts, Propulsion Innovation, and Workforce Development
This week in maritime: The Trump administration's EPA rolls back oil and gas regulations, reducing compliance costs; RINA and Hanwha collaborate on battery-hybrid ship propulsion; and Metal Supermarkets increases trade school scholarships.
By MGN Editorial
Eni Confirms Gas and Condensate Discovery in Egyptian Waters with Fast-Track Development Potential
Italian energy major Eni has announced a significant new gas and condensate discovery offshore Egypt, which the company believes has potential for expedited development, adding to the region's growing offshore portfolio.
By MGN Editorial
Vision Marine Technologies Expands Into Commercial Hospitality Sector with Electric Propulsion Fleet
Vision Marine Technologies launches its commercial operator channel with an initial hospitality fleet deployment in Michigan, leveraging proprietary electric propulsion technology to serve the emerging commercial marine market.
By MGN Editorial
Gotion Leads Launch of Europe-Africa Electric Freight Corridor
Gotion, Green Power Morocco, and Chery Heavy Trucks have signed an agreement to establish an electric logistics corridor for heavy-duty vehicles spanning Europe and Africa, marking a significant shift toward low-carbon transcontinental freight transport.
By MGN Editorial
Maritime Industry Briefing: Geopolitical Tensions Drive Oil Prices as Infrastructure and Sustainability Advances Continue
Oil prices surge amid Iran tensions and Hormuz Strait closure threats, while the maritime sector sees positive developments in port infrastructure, market recovery, and carbon-reduction innovation.
By MGN Editorial
Facility Solutions Group Promotes Chris Papadatos to Vice President of FSG New York
Facility Solutions Group elevates longtime leader Chris Papadatos to Vice President role for its New York operations, signaling expansion of the company's regional market presence.
By MGN Editorial
Offshore Energy and Alternative Fuels Lead Energy Sector Momentum
Major partnerships in Suriname's offshore development and European biodiesel expansion underscore industry focus on asset growth and sustainable fuel adoption in maritime applications.
By MGN Editorial
Logistics Industry Confronts Rising Fraud and Reverse Logistics Costs
As retailers struggle with mounting fraud and reverse logistics expenses, new AI solutions and regulatory decisions reshape the freight and parcel sector.
By MGN Editorial
Sustainable Materials and Fuels Drive Maritime Industry's Green Shift
Bio-based materials and biodiesel partnerships are reducing shipping's environmental footprint. Algenesis achieves 65% carbon emission cuts, while Optimus and Sunoil advance B100 adoption across European heavy-duty fleets.
By MGN Editorial
Middle East Tensions Escalate Maritime Risks: Container Vessel Attacked, Crewing Crisis Unfolds
A container vessel was struck by an unidentified projectile south of Iran's Kish Island, marking the latest incident in escalating Middle East maritime tensions that are now triggering a severe crewing shortage across the Arabian Gulf region.
By MGN Editorial