Maritime News
Latest updates from the maritime industry
4520 articles found
HIZENERGY Achieves BloombergNEF Tier 1 Status in Energy Storage Manufacturing
Chinese energy storage manufacturer HIZENERGY has been recognised in BloombergNEF's prestigious Tier 1 list for Q3 2026, marking a significant milestone for the company's standing in the global energy storage sector.
By MGN Editorial
Aurora Innovation Eyes $80M Revenue Run-Rate as Autonomous Freight Push Continues
Aurora Innovation has outlined its per-mile pricing strategy and revenue targets for its driverless trucking service, despite reporting a $270 million loss in Q2 2025.
By MGN Editorial
GasLog LNG Carrier Damaged in Strait of Hormuz as Security Incidents Multiply
A GasLog-operated LNG carrier sustained damage while transiting the Strait of Hormuz on Friday, with UKMTO simultaneously reporting two additional security incidents near the strategically critical waterway.
By MGN Editorial
Maritime Security Briefing: Naval Escort Operations in Red Sea as Black Sea Drone Strike Sinks Civilian Vessel
Naval forces continue to play a critical role in protecting commercial shipping across two of the world's most volatile maritime corridors, with an EU-backed frigate escort in the Red Sea contrasting sharply with a deadly drone strike on a civilian vessel in the Black Sea.
By MGN Editorial
LNG Carrier Struck in Strait of Hormuz as Iran Renews Attacks on Shipping
An LNG carrier has been struck in the Strait of Hormuz while a tanker experienced a near miss, as Iran resumes attacks on vessels transiting the strategically critical southern corridor near the Oman coast.
By MGN Editorial
MGN Completes Global Port Database Update: 2,773 Ports Refreshed
Maritime Global Network has completed updating all 2,773 port profiles in its global directory with current contact details, coordinates, and authority information.
By MGN Editorial
Tianjin: China's Historic Port City Reaffirms Its Maritime Identity
Tianjin, one of northern China's most strategically significant coastal cities, continues to highlight its deep maritime heritage and its role as a gateway port connecting the Bohai Sea region to global trade routes.
By MGN Editorial
Energy Storage Sector Recognises StarCharge as Top Microgrid Brand at GGII 2026 Summit
Chinese energy solutions provider StarCharge has been named the number-one microgrid brand at the GGII 2026 Energy Storage Industry Summit, citing proprietary technology and more than 300 global deployments.
By MGN Editorial
Maritime Industry Briefing: Taiwan Strait Tensions Rise as Crude Market Faces Tightening Cushion
China's coast guard patrols east of Taiwan draw sharp condemnation from Taipei, while energy analysts at Vortexa warn of a significant reduction in global crude inventory buffers over the coming months.
By MGN Editorial
Maritime Industry Briefing: Shadow Fleet Oil Spill, Hormuz Shuttling Revival, and Europe's River Crisis
A sanctions-hit tanker leaks oil off Oman, Hormuz oil-shuttling activity rebounds amid regional tensions, and record-low river levels across Europe disrupt inland freight and energy production.
By MGN Editorial
Platinum Equity Acquires Tangent Technologies in Deal Covering Marine Materials Sector
Private equity firm Platinum Equity has completed its acquisition of Tangent Technologies, a manufacturer of high-performance synthetic materials serving the marine, decking, and outdoor living markets.
By MGN Editorial
Maritime Industry Briefing: Italy Leads EU LNG Imports as Saudi Tankers Reroute Around Africa
Italy has emerged as the EU's top LNG importer amid soaring prices, while six Saudi oil tankers are taking the rare step of circumnavigating Africa to avoid Houthi threats in the Red Sea.
By MGN Editorial
Carolinas Cargo Theft Sting Recovers 18 Commercial Vehicles Worth Over $1 Million
Law enforcement authorities in the Carolinas have recovered 13 semi-trucks and three trailers valued at more than $1 million following an investigation into a series of commercial vehicle thefts, highlighting growing cargo and freight security concerns across the supply chain.
By MGN Editorial
Maritime Industry Briefing: Spot Rate Pressure, EU Recycling Controversy, and HD Hyundai's Subic Bay Milestone
Container spot rates continue to soften ahead of August GRI attempts, the EU faces environmental pushback over Indian ship recycling yard approvals, and HD Hyundai marks a significant shipbuilding milestone in the Philippines.
By MGN Editorial
Peel Ports Completes Near-£1 Million Restoration of Historic Langton Dock Pumphouse at Port of Liverpool
Peel Ports Group has finished restoring the Grade II-listed Langton Dock Pumphouse at the Port of Liverpool, committing close to £1 million to preserve one of the dock estate's most historically significant structures.
By MGN Editorial
Maritime Industry Briefing: LNG Investment, Alternative Fuels Competition, and FMC Regulatory Scrutiny
This week's maritime briefing covers NYK's strategic LNG investment, growing concerns over Europe's alternative fuels competitiveness, and the Federal Maritime Commission's potential scrutiny of China's detentions of Panama-flagged vessels.
By MGN Editorial
Maritime Industry Briefing: Seanergy Commits $591M to Fleet Renewal as BP Prepares North Sea Exit
Greek bulker owner Seanergy Maritime has expanded its fleet investment programme to nearly $600 million, while energy supermajor BP launches a sale process for its North Sea assets in a significant portfolio restructuring.
By MGN Editorial
Portland General Electric Reports Solid Q2 2026 Results Amid Surging Industrial Power Demand
Portland General Electric has reaffirmed its 2026 earnings guidance following a second quarter marked by strong operational performance and an 11% year-over-year rise in industrial customer demand.
By MGN Editorial
Enbridge Posts Strong Q2 2026 Results, Expands Secured Infrastructure Backlog to $41 Billion
Enbridge Inc. has reported robust second quarter 2026 financial results, reaffirming its full-year guidance while growing its secured project backlog to $41 billion, signalling continued confidence in North American energy infrastructure investment.
By MGN Editorial
Philippines Reschedules Inaugural Offshore Wind Auction to December 2026
The Philippines has confirmed a new date of December 1, 2026 for its first offshore wind auction, targeting up to 3.3GW of capacity after the process was paused earlier this month.
By MGN Editorial