Maritime News
Latest updates from the maritime industry
3622 articles found
Hormuz in Flux: Iran Asserts Control Over Vital Strait as Post-Ceasefire Oil Trade Surges
A US-Iran ceasefire has unlocked significant oil flows through the Strait of Hormuz, but Tehran's assertion of transit conditions is raising fresh concerns among Gulf producers and shipping operators.
By MGN Editorial
Aquatech and Momentum Technologies Partner to Boost Domestic Critical Mineral Refining Capacity
Aquatech and Momentum Technologies have announced a strategic partnership aimed at accelerating domestic critical mineral refining, a development with implications for maritime supply chains dependent on rare earth and critical mineral inputs.
By MGN Editorial
Maritime Industry Briefing: EU Tightens Russian LNG Sanctions, Iranian Crude Flows Surge, and U.S. Navy Awards Major MSC Contract
This week's maritime briefing covers sweeping EU restrictions on Russian LNG trade, a surge in Iranian crude exports following the lifting of a U.S. naval blockade, and a significant U.S. Navy Military Sealift Command contract award to MSHS Pacific Power Group.
By MGN Editorial
New York City Energised by $6 Billion Subsea HVDC Link to Canadian Hydropower
A landmark $6 billion high-voltage direct current undersea cable connecting Canada and New York City has been switched on, delivering clean hydropower to one of the world's most energy-intensive urban centres.
By MGN Editorial
Iran's 'Toll by Insurance' Gambit Escalates Tensions in Strait of Hormuz
Iran is moving to assert de facto financial control over one of the world's most critical shipping chokepoints by leveraging insurance mechanisms, raising serious concerns for global energy trade and maritime security.
By MGN Editorial
Subsea Technology Roundup: AUV Deployments and Autonomy Testbeds Signal Accelerating Ocean Intelligence Race
Norway's Offshore Directorate launches its first AUV mapping mission in the northern Norwegian Sea, while the UK's Smart Sound Connect Subsurface project seeks industry partners following a landmark multi-robot subsea demonstration.
By MGN Editorial
Geely Farizon Debuts Green Mobility Solutions at Hong Kong 2026 Expo
Chinese commercial vehicle manufacturer Geely Farizon showcased its 'Farizon Green' intelligent mobility platform at the Hong Kong International Automobile and Supply Chain Expo, signalling growing momentum for zero-emission utility vehicles in the Asia-Pacific region.
By MGN Editorial
Regulatory Deadline Miss Threatens Sunda Energy's Southeast Asia Gas Appraisal Programme
A missed drilling deadline has placed Sunda Energy's production sharing contract for a Southeast Asian gas discovery under serious threat, with regulators demanding proof of a booked rig to preserve the appraisal licence.
By MGN Editorial
Vantage Drilling Shareholders Approve Merger with Eldorado in Offshore Consolidation Move
Vantage Drilling has secured shareholder approval for its proposed business combination with Norwegian-backed Eldorado Drilling, marking a significant consolidation in the offshore drilling sector.
By MGN Editorial
California Nuclear Verdict Holds Three Trucking Firms Liable in Single-Crash Case
A California court has found three separate trucking companies vicariously liable in a single crash involving an independent owner-operator, delivering a nuclear verdict with significant implications for carrier liability across the freight and logistics sector.
By MGN Editorial
Advanced Polymer Market Signals Growth Opportunities for Maritime and Offshore Sectors
The global PEEK (polyether ether ketone) market is projected to reach $2.29 billion by 2031, with oil and gas applications among the key end-use segments driving demand for this high-performance engineering polymer.
By MGN Editorial
Envision Energy and AMEA Power Seal 500 MW Egyptian Wind Deal, Pushing Portfolio to 1 GW
Envision Energy and AMEA Power have signed an agreement for the 500 MW Amunet II wind project in Egypt, bringing their combined onshore wind portfolio in the country to 1 GW.
By MGN Editorial
Maritime Industry Briefing: Key Bridge Criminal Plea, Hormuz Uncertainty, Recycling Rules, and Nuclear Shipyard Study
This week's maritime briefing covers a criminal admission in the Key Bridge allision case, fragile conditions at the Strait of Hormuz, a push for unified ship recycling regulations, and a feasibility study into shipyard-built floating nuclear power plants.
By MGN Editorial
Germany Holds Firm on Offshore Wind Commitments as TotalEnergies Bid to Exit North Sea Site Rejected
Germany's economy ministry has refused TotalEnergies' request to surrender an offshore wind concession in the North Sea, reaffirming that awarded licences represent binding obligations on developers.
By MGN Editorial
Maritime Industry Briefing: Hormuz Tensions, MSC-Hapag-Lloyd Speculation, and Week's Top Stories
This week's maritime headlines centre on uncertainty over the Strait of Hormuz's operational status, speculation over a potential MSC stake in Hapag-Lloyd, and lighter fare from the high seas as the World Cup captures attention aboard vessels worldwide.
By MGN Editorial
India Launches ECOHUB.IN to Accelerate Climate and Circular Economy Innovation
Re Sustainability's Resilience Actions initiative has unveiled ECOHUB.IN, a dedicated incubator aimed at nurturing early-stage enterprises in climate technology and clean-tech sectors across India.
By MGN Editorial
North Sea Energy Roundup: Nordseecluster A Cabling Milestone and Equinor's $420M Norwegian Gas Investment
Two significant North Sea energy developments highlight progress in both offshore wind and gas production, as inter-array cabling wraps up at Germany's Nordseecluster A and Equinor leads a major subsea investment in Norwegian waters.
By MGN Editorial
Offshore Drilling Activity Picks Up Pace Across Southeast Asia and the North Sea
Valeura Energy reports a production boost from a completed eight-well campaign offshore Thailand, while Equinor and Aker BP secure drilling permits on the Norwegian Continental Shelf using COSL and Saipem rigs.
By MGN Editorial
Strait of Hormuz Reopens to Shipping as U.S.-Iran Interim Deal Takes Effect
Shipping traffic is returning to the Strait of Hormuz following a U.S.-Iran interim peace agreement, though Washington has moved to temper speculation over proposed transit tolls as nuclear negotiations enter a critical phase.
By MGN Editorial
Maritime Industry Briefing: Energy Storage Sector Eyes Expanded Marine Applications
Ganfeng LiEnergy reports strong commercial momentum following the SNEC Smart E exhibition, securing over 30 GWh in potential project agreements ahead of its appearance at Intersolar Europe 2026.
By MGN Editorial