Maritime News
Latest updates from the maritime industry
2651 articles found
Oil Prices Remain Near $100 as Demand Destruction Concerns Linger
U.S. Energy Secretary says oil prices have not climbed high enough to cause significant demand destruction, while the Trump administration strikes a deal to scrap offshore wind leases in favor of LNG and oil development.
By MGN Editorial
Kiewit Tapped for Brownsville LNG Module Fabrication
Kiewit Offshore Services has been selected to fabricate liquefaction modules for the $5.7 billion Texas LNG Brownsville project in the Port of Brownsville.
By MGN Editorial
Shipping Resilience Tested as Strait of Hormuz Closure Looms
The closure of the Strait of Hormuz is the latest disruption to global shipping, highlighting the industry's need for greater resilience.
By MGN Editorial
Protecting Madagascar's Baobabs and Connecting Solar to D.C.'s Grid
A roundup of news on environmental initiatives in the maritime industry, including an art series to raise awareness for endangered baobab trees and a pilot project to integrate more solar power in Washington, D.C.
By MGN Editorial
U.S. Shipbuilding Crisis Gains National Attention
The growing gap between American shipyards and their Asian rivals has broken into the national spotlight, as 60 Minutes takes a closer look at the U.S. shipbuilding crisis.
By MGN Editorial
Union Pacific Honors U.S. Semiquincentennial with Special Locomotives
Union Pacific unveiled locomotives celebrating the 250th anniversary of U.S. independence and featuring a design honoring President Trump.
By MGN Editorial
Maritime Industry Briefing: Safety Honors, Community Support, and More
A roundup of recent maritime industry news, including safety awards, charitable giving, and other notable developments.
By MGN Editorial
I.S.T Showcases Space-Proven Polyimide Technologies at SATShow Week 2026
I.S.T Corporation will showcase its advanced polyimide material portfolio at the upcoming SATShow Week 2026, featuring a transparent polyimide film validated for use in low Earth orbit.
By MGN Editorial
Tensions Flare in Strait of Hormuz as Iran Vows Disruption
Amid rising tensions, Iran threatens to keep the Strait of Hormuz unsettled and denies talks with the U.S. Meanwhile, the maritime industry braces for potential supply chain impacts.
By MGN Editorial
Maritime Industry Briefing: Train Cars for Egypt, Iran War Impact, and LNG Carrier Delivery
A roundup of recent maritime news including a shipment of Japanese train cars for Egypt's Cairo Metro, the ongoing impact of the Iran war on maritime activity, and the early delivery of an LNG carrier by ADNOC.
By MGN Editorial
Gulf Oil Sector Contributes $561 Billion to Regional Economy
The oil sector in the Gulf region contributed $561.2 billion to the economy in 2024, accounting for 24% of gross domestic product.
By MGN Editorial
Houston Port Cuts Free Time for Reefer Imports as Dwell Times Rise
The Port of Houston has reduced free time for reefer container imports as the port grapples with growing volumes and longer dwell times.
By MGN Editorial
Port Houston Sees 4% Tonnage Increase as Reefer Free Time Cut
Port Houston reports a 4% rise in tonnage as officials implement new rules to speed up the movement of refrigerated cargo.
By MGN Editorial
Carbon Fiber Composites Market Projected to Grow 8.55% Annually
The global carbon fiber and composites market is expected to reach $45.65 billion by 2032, driven by increasing demand across industries including maritime.
By MGN Editorial
Hull Street Energy Expands Power Portfolio with Peaking Plant Acquisition
Hull Street Energy has agreed to acquire two natural gas peaking plants in the PJM power market, expanding its Milepost Power portfolio.
By MGN Editorial
Trump Administration Expands Pacific Seabed Mining Area
The U.S. Bureau of Ocean Energy Management has advanced the next phase of potential offshore mineral leasing near the Commonwealth of the Northern Mariana Islands, expanding the area under consideration.
By MGN Editorial
Pelican International Acquires KL Outdoor, Strengthening North American Paddlesports Leadership
Pelican International, a leading paddlesports manufacturer, has acquired KL Outdoor to consolidate its position as North America's top paddlesports platform.
By MGN Editorial
Marathon Petroleum and MPLX Report Q1 2026 Results
Marathon Petroleum and its midstream subsidiary MPLX LP announce upcoming Q1 2026 earnings calls, providing updates on financial performance for the quarter.
By MGN Editorial
FMC Rejects Carrier Requests to Waive Surcharge Waiting Period
The U.S. Federal Maritime Commission has denied requests from major container lines to waive the 30-day notice period for implementing Middle East surcharges.
By MGN Editorial
Global Smart Packaging Market Projected to Reach $38 Billion by 2032
The global smart packaging market is expected to grow at a CAGR of 7.39% over the next decade, driven by increasing demand for enhanced product tracking and monitoring capabilities.
By MGN Editorial