Maritime News
Latest updates from the maritime industry
1618 articles found
Prinoth Unveils Powerful New Crawler Carrier with Advanced Undercarriage
Prinoth, a leading manufacturer of crawler carriers, has announced the launch of its latest model, the Panther T23r, featuring the company's innovative PowerForce Undercarriage technology.
By MGN Editorial
VLCC Rates Reach Record Highs Amid Geopolitical Tensions
Very large crude carrier (VLCC) rates have skyrocketed to unprecedented levels, driven by geopolitical risks in the Strait of Hormuz.
By MGN Editorial
London Marine Insurers Expand Middle East War Risk Zones
The Joint War Committee has extended areas of risk including hull war, piracy, terrorism and related perils in the Middle East region.
By MGN Editorial
LGMG Showcases Localized Product Portfolio at CONEXPO-CON/AGG 2026
Chinese heavy equipment manufacturer LGMG presented its latest mining, aerial, and material handling equipment tailored for the North American market at the CONEXPO-CON/AGG 2026 trade show.
By MGN Editorial
Protecting Ships and Seafarers Amid Middle East Conflict
A guide for shipping companies and managers on welfare, security, and human-centred leadership in a time of crisis as the Middle East conflict casts a long shadow over global maritime trade.
By MGN Editorial
HMM Union Threatens Strike Over Relocation Plans
South Korean shipping giant HMM's onshore union vows legal action and potential strike over plans to move the company's headquarters from Seoul to Busan.
By MGN Editorial
Tokyo National Art Museum Launches English-Language Collection Tours
The Tokyo National Art Museum has introduced 'Explore with Us', an English-language guided tour of its collections, and will host a 'Blossoms in Japanese Art: Spring Festival' exhibition in March.
By MGN Editorial
Strait of Hormuz Tensions Disrupt Global Shipping
Recent attacks in the Strait of Hormuz have caused unprecedented spikes in tanker rates and disruptions to Asia-Gulf trade, as shipping lines suspend services to the region.
By MGN Editorial
Maritime Industry Briefing: Environmental Reporting, Shipping Market Outlook, and Port Infrastructure Updates
A roundup of recent news on environmental disclosures, shipping market trends, and port infrastructure projects across the maritime industry.
By MGN Editorial
Shipping Companies Expand Fleets with Newbuild Orders
Major maritime companies are investing in new vessels, including tankers, bulk carriers, and offshore platforms, signaling confidence in the industry's future.
By MGN Editorial
Subsea7 CEO Retirement and Leadership Transition
Subsea7 announces the retirement of CEO John Evans, with the head of Seaway7 set to take over the role.
By MGN Editorial
Innovative Waste Management Technology Tackles Maritime Environmental Challenges
A new organization, SafeWaste, is using innovative technology to reclaim the cleanliness of neighborhoods and waterways, addressing a critical environmental issue for the maritime industry.
By MGN Editorial
NKT Wins Largest Single Project Award with €2.2B UK Subsea Link Contract
Danish power cable manufacturer and installation firm NKT has secured its largest ever single project award, a €2.2 billion contract for a major UK subsea electricity transmission link.
By MGN Editorial
Nanjing Tanker Expands Chemical Tanker Fleet
Chinese shipping company Nanjing Tanker orders three new chemical tankers, continuing its fleet expansion.
By MGN Editorial
Floating Solar and Tight Reservoir Innovations Boost Offshore Energy
Developments in floating solar technology and new techniques to unlock oil and gas from tight reservoirs are driving innovation in the offshore energy sector.
By MGN Editorial
MDA Space Reports Strong Q4 and Fiscal 2025 Results
MDA Space, a leading provider of space-based solutions, has announced its Q4 2025 and full fiscal year 2025 financial results, showcasing record revenues and adjusted EBITDA.
By MGN Editorial
Zendure Empowers Homes, Energizes Lives with Sustainable Energy Solutions
Zendure, a partner of the 2026 World Engineering Day for Sustainable Development, is revolutionizing energy consumption with eco-friendly products and initiatives.
By MGN Editorial
Shipping Industry Navigates Hormuz Tensions and Sinking Warship
Recent news covers the impact of Middle East conflicts on maritime trade, including Trump's assurances of insurance and naval escorts, as well as the sinking of an Iranian warship off Sri Lanka.
By MGN Editorial
Middle East Tensions Disrupt Maritime Supply Chains
Recent military action in the Middle East has led to supply chain disruptions and contractual issues for shipowners and charterers in the region.
By MGN Editorial
Hormuz Crisis Boosts LNG Demand, Lifts Orders for Korean Shipbuilders
The ongoing tensions in the Strait of Hormuz are driving up demand for LNG and new orders for Korean shipbuilders, according to industry reports.
By MGN Editorial