Maritime News
Latest updates from the maritime industry
2651 articles found
Navy Awards $999M Contract for Hunters Point Shipyard Demolition
APTIM-EnergySolutions joint venture wins seat on major U.S. Navy contract for demolition and environmental remediation work at the former Hunters Point Naval Shipyard in San Francisco.
By MGN Editorial
Iran Imposes Fees on Strait of Hormuz Transits
Iran has started charging transit fees on commercial vessels passing through the strategically important Strait of Hormuz, raising concerns about potential disruptions to global shipping.
By MGN Editorial
Maritime Industry Briefing: Trucking Lawsuit, Fuel Prices, and Port Infrastructure
A roundup of recent maritime industry news, including a lawsuit over trucker pay, fluctuating diesel prices, and project cargo growth at U.S. Gulf ports.
By MGN Editorial
Maritime Industry Roundup: Safer Crates, Battery Supply Chain Boost
This maritime industry news roundup covers new nail-gun-free crate systems for safer assembly, and a partnership to strengthen the U.S. battery materials supply chain.
By MGN Editorial
Louisiana Jail Sees Dramatic Drop in Infection Complaints After Disinfectant Upgrade
A Louisiana correctional facility reports a 62% reduction in infection-related medical complaints after implementing a new on-site disinfectant system.
By MGN Editorial
Vertiv Expands Heat Rejection Portfolio with ThermoKey Acquisition
Vertiv, a global leader in critical digital infrastructure, announces the acquisition of ThermoKey to expand its thermal management solutions for converged physical infrastructure.
By MGN Editorial
ONE Acquires Stake in Korean Automated Container Terminal
Japanese shipping line ONE takes indirect stake in Dongwon Global Terminal Busan, expanding its terminal operations.
By MGN Editorial
India's Solar Pump Market Poised for Steady Growth
India's solar pump market is expected to reach $248 million by 2032, driven by government initiatives and increasing adoption.
By MGN Editorial
WaterField Unveils Enhanced Air Porter Carry-On Bag
WaterField has released an updated version of its popular Air Porter underseat carry-on bag with customer-driven upgrades.
By MGN Editorial
ONE Buys Stake in Busan Terminal Owned by HMM Suitor
Japanese container line Ocean Network Express (ONE) has acquired an indirect stake in Dongwon Global Terminal Busan, a move that comes as Dongwon's parent company is reportedly interested in acquiring a major Korean shipping line.
By MGN Editorial
Sinokor Expands Suezmax Fleet, Borr Drilling Acquires Jackup Rigs
Sinokor continues its acquisition spree, this time targeting the suezmax segment, while Borr Drilling bolsters its jackup rig fleet.
By MGN Editorial
Elevator & Escalator Market Projected to Grow 2.4% Through 2032, Driven by Urbanization and Service Expansion
The global elevator and escalator market is expected to grow at a CAGR of 2.4% over the next decade, fueled by increasing urbanization and a shift towards service-based revenue models.
By MGN Editorial
Sieyuan Electric Secures 4.5 GWh Energy Storage Deals in Romania, Boosting Global Market Expansion
Sieyuan Electric, a global leader in energy technologies and energy storage solutions, has announced major energy storage agreements totaling 4.5 GWh in Romania, signaling growth in the global energy storage market.
By MGN Editorial
Maritime Industry Briefing: Hormuz Tensions, Livestock Ship Conditions, and LNG Dark Fleet Expansion
A roundup of recent maritime news including the ongoing Strait of Hormuz crisis, new footage of poor conditions on a livestock carrier, and Russia's expansion of its 'dark fleet' into liquefied natural gas shipping.
By MGN Editorial
US Moves to Undermine Global Maritime Emissions Regulations
The Trump administration is seeking to derail the IMO's efforts to establish a global framework for decarbonizing the shipping industry, risking regulatory stability and consensus.
By MGN Editorial
SBM Offshore Secures FPSO Contract for Guyana Oil Project
SBM Offshore has been awarded the FEED contract for a new FPSO vessel to be deployed in Guyana's growing offshore oil industry.
By MGN Editorial
AerCap Expands Freighter Fleet with Ethiopian Airlines Deal
AerCap signs lease agreements with Ethiopian Airlines for two Boeing 777-300ERSF converted freighters, expanding the carrier's cargo capabilities.
By MGN Editorial
JRE-Jeunes Restaurateurs and UNITED WATERWAYS Partner to Elevate Culinary Experiences on the Water
French culinary association JRE-Jeunes Restaurateurs and river cruise operator UNITED WATERWAYS have announced a strategic partnership to enhance hospitality and support the next generation of culinary talent in global river travel.
By MGN Editorial
Maritime Industry Briefing: VLCC Sale, Beverage Packaging Forecast
A 26-year-old VLCC tanker has been sold for further trading, while the global beverage packaging market is projected to grow at nearly 7% annually through 2032.
By MGN Editorial
Borr Drilling Expands Foothold in Mexico as Paratus Exits Jack-up Market
Borr Drilling's Mexican joint venture is set to welcome five jack-up rigs as Paratus Energy Services offloads its drilling operations and fleet.
By MGN Editorial