Maritime News
Latest updates from the maritime industry
2651 articles found
Tariff Refunds and New Duties Loom: What Shippers Must Do Now
As the government develops a system for refunding billions in duties, companies must actively track tariff entries and file protests to protect their interests amid anticipated new tariff developments.
By MGN Editorial
Maritime Crisis in Strait of Hormuz: 20,000+ Seafarers Stranded as Industry Groups Urge Gulf State Action
With the Strait of Hormuz crisis entering its fifth week, the International Chamber of Shipping and International Transport Workers' Federation have escalated calls for Gulf States intervention to resolve a mounting humanitarian emergency affecting over 20,000 seafarers.
By MGN Editorial
Técnicas Reunidas Selected for Second Phase of LNG Canada Pipeline Project
Spanish engineering firm Técnicas Reunidas has been awarded work on the second phase of the LNG Canada natural gas pipeline, a major joint venture among Shell, Petronas, PetroChina, Mitsubishi Corporation, and KOGAS.
By MGN Editorial
Redwood Logistics Gains Gartner Recognition as Modern 4PL Provider
Logistics platform provider Redwood Logistics has earned Visionary status in Gartner's inaugural Fourth-Party Logistics (4PL) Magic Quadrant, reflecting a strategic repositioning that has implications for maritime supply chain management.
By MGN Editorial
Bunker Fuel Supply Tightens for MPV Operators Amid Global Shortages
Multi-purpose vessel operators face escalating challenges as bunker fuel stocks decline at major hubs, forcing carriers to reduce ship speeds and explore alternative sourcing strategies.
By MGN Editorial
McDermott and Chiyoda Complete Golden Pass LNG Train 1 in Historic Milestone for U.S. Liquefaction
McDermott and Chiyoda International Corporation have substantially completed construction and commissioning of Train 1 at the Golden Pass LNG terminal in Sabine Pass, Texas, marking a major milestone for U.S. liquefied natural gas export capacity.
By MGN Editorial
EarthEcho and SC Johnson Launch Third Year of Marine Plastics Ambassadors Program
The Marine Plastics Ambassadors initiative expands efforts to combat ocean plastic pollution through youth advocacy and policy engagement, focusing on protecting coastal ecosystems and waterways from plastic contamination.
By MGN Editorial
Shipping Giants Expand Fleets as Offshore Development Accelerates Across Maritime Sector
Chinese container shipper Ningbo Ocean Shipping commits to new feeder vessel orders while offshore wind and maritime technology investments signal strong sector momentum amid evolving trade patterns.
By MGN Editorial
Maritime Industry Briefing: Cold Chain Adaptation, Cargo Expansion, and Shipping Consolidation Shape Market Dynamics
Supply chain leaders report significant shifts in cold logistics driven by tariffs and demand changes, while Alaska Airlines expands cargo operations and consolidation among major ocean carriers reshapes the competitive landscape for smaller operators.
By MGN Editorial
PSEG Long Island Launches Earth Month Environmental Initiative in Coastal Communities
PSEG Long Island is distributing free trees and energy-efficient products throughout Long Island and the Rockaways during Earth Month 2026, supporting environmental sustainability in the region's maritime communities.
By MGN Editorial
Gulf Coast Environmental Groups Challenge Major Industrial Wastewater Discharge Plan
Conservation organizations and community stakeholders have formally called on Dow and Union Carbide to prevent an unprecedented wastewater discharge permit application threatening San Antonio Bay and Matagorda Bay on the Texas Gulf Coast.
By MGN Editorial
Kuwait-Flagged VLCC Catches Fire Following Attack Off Dubai
The fully loaded crude carrier Al-Salmi sustained hull damage in an attack off Dubai, with fires reported aboard the vessel. The incident highlights ongoing security concerns for tanker operations in the Persian Gulf region.
By MGN Editorial
Vale Increases Copper Reserves 6% to 53 Million Tonnes, Signals Strong Commodity Trade Outlook
Vale Base Metals reports expanded copper mineral reserves and resources, positioning the company for significant volume growth in maritime trade through 2027.
By MGN Editorial
Vale Base Metals Reports 6% Growth in Copper Reserves; Eyes 20% Expansion by 2027
Vale Base Metals announced a 6% increase in copper reserves and resources to 53 million tonnes, with engineering studies supporting a target of 20% total mineral resource growth across Canadian and Brazilian operations by end of 2027.
By MGN Editorial
Applied Computing, Wipro, and Databricks Partner on Physics-Informed AI for Energy Transition
A strategic collaboration between Applied Computing, Wipro, and Databricks aims to accelerate energy efficiency and emissions reduction through physics-informed AI deployment. The partnership leverages Applied Computing's Orbital platform to help energy operators, including those in offshore and maritime sectors, scale reliable AI solutions.
By MGN Editorial
Gulf Tensions Escalate: Supertanker Drone Strike Coincides with Oil Spike Above $100/Barrel
A Kuwaiti supertanker carrying 2+ million barrels of crude was struck by a drone off Dubai, triggering a fire as US oil prices breach $100/barrel for the first time since 2022 amid rising Iran-related geopolitical risk. The incident underscores the vulnerability of global shipping routes amid escalating regional tensions.
By MGN Editorial
Maritime Industry Briefing: Cyclone Damage to Australian Platform, Security Incident Near Saudi Arabia
An offshore oil platform operated by Jadestone Energy sustained damage from Cyclone Narelle off Western Australia, while a container ship reported a near-miss security incident in the Red Sea region.
By MGN Editorial
Chiyoda, NYK Line, and KNCC Establish Global Carbon Capture and Storage Partnership
Three major Japanese and Norwegian organizations have signed a memorandum of understanding to collaborate on carbon capture and storage (CCS) projects worldwide, building on previous feasibility studies to develop integrated solutions for CO2 transportation and storage.
By MGN Editorial
Shipping Markets Firm Despite Geopolitical Headwinds and Sanctions Enforcement
Strong asset sales and rising prices across tanker and bulker sectors contrast sharply with intensifying enforcement against shadow fleet operations and ongoing damage to Russian port infrastructure.
By MGN Editorial
MOL and Hitachi Advance Floating Data Centre Vessel Conversions
MOL and Hitachi are progressing plans to convert vessels into floating data centres, leveraging seawater cooling technology for globally distributed computing infrastructure deployment.
By MGN Editorial