Maritime News
Latest updates from the maritime industry
1527 articles found
NYK Line Acquires Stake in Avenir LNG for Small-Scale LNG Shipping
Japanese shipping giant NYK Line has taken a stake in Avenir LNG, a provider of small-scale LNG carriers and bunkering vessels, through a deal with Stolt-Nielsen Gas.
By MGN Editorial
Securing the Strait of Hormuz: Navigating Geopolitical Tensions in Global Shipping
Recent developments in the Strait of Hormuz, a critical global shipping chokepoint, have prompted calls for a multinational naval effort to ensure safe passage for vessels.
By MGN Editorial
Oil Drillers Forced to Truck Crude After Key California Pipeline Shutdown
Oil producers in central California have resorted to trucking crude barrels 50 miles after the shutdown of a key pipeline, a costly and cumbersome alternative.
By MGN Editorial
Fujairah Port Suspends Some Oil Loading After Drone Attack
The UAE's Fujairah port, a major bunkering hub, has suspended some oil loading operations following a drone attack in the region.
By MGN Editorial
Retail Trends Reshape Freight Landscape
Retail is the engine driving truckload freight, and shifts in retail supply chains are changing the freight market dynamics.
By MGN Editorial
Indian Sailors Stranded Off Iran Plead to Return Home
26 Indian sailors have been stranded for two weeks at the Iranian port of Bandar Abbas as violence erupts nearby, desperate to return home.
By MGN Editorial
Sustainable Markets Initiative CEO Summit Drives Investment Partnerships for Sustainability
The annual Sustainable Markets Initiative CEO Summit at Hampton Court Palace facilitated major investment partnerships and collaborations to accelerate the sustainability transition.
By MGN Editorial
Sustainable Markets Initiative Accelerates Sustainability Partnerships at Annual CEO Summit
The Sustainable Markets Initiative's annual CEO summit at Hampton Court Palace resulted in major sustainability partnerships and investment collaborations, as the maritime industry accelerates its transition to sustainable development.
By MGN Editorial
Disruptions at Key Fujairah Port Raise Concerns in Oil Markets
Recent drone attacks have disrupted operations at the strategically important Port of Fujairah, a major global hub for oil refueling and exports.
By MGN Editorial
LJUNGSTRÖM Expands into Infrastructure Solutions with Shipment of Sentinel Poles to Florida
LJUNGSTRÖM, a leading industrial manufacturer, has diversified its capabilities by shipping its first order of iLampSecure Sentinel Poles to Florida, advancing safer infrastructure nationwide.
By MGN Editorial
Lord Ashcroft's VC and GC Collection Finds New Home at National Army Museum
The world's largest collection of Victoria Crosses and George Crosses owned by Lord Ashcroft will be displayed at the National Army Museum in London.
By MGN Editorial
Midwest Freight Rejection Rates Surge Ahead of West Coast
Freight rejection rates in the Midwest are outpacing the West Coast by a factor of 4, signaling potential supply chain disruptions.
By MGN Editorial
ICTSI Launches New $800M South Luzon Container Terminal in the Philippines
International Container Terminal Services Inc. (ICTSI) has officially opened its new $800 million South Luzon Container Terminal in the Philippines, expanding the country's port capacity.
By MGN Editorial
Mexico Drives Auto Exports to US as Logistics Hubs Expand
Automakers in Mexico boost exports to the US, while new logistics centers are being built to support freight flows.
By MGN Editorial
Shipping Shifts and Terminal Expansions Reshape Maritime Landscape
A roundup of recent news on shipyard sales, port infrastructure developments, and changes to regional shipping routes in the maritime industry.
By MGN Editorial
Ocean Carriers Adapt to Market Volatility with Effective Capacity Management
Container shipping companies have become adept at managing capacity through tactics like blank sailings and slow steaming to mitigate the impact of overcapacity, industry experts say.
By MGN Editorial
Shipowners Brave Risks to Profit from Iran Oil Sanctions
A handful of Greek shipowners are running oil through the Strait of Hormuz during the U.S.-Israeli war on Iran, risking destruction from mines and missiles to earn quick profits.
By MGN Editorial
CMA CGM to Re-Flag 30 Ships Under French Flag After Trump Photo Op
Ocean carrier CMA CGM will re-flag 30 ships under the French flag, a year after its chief executive appeared in the Oval Office to support plans to revive the American maritime sector.
By MGN Editorial
Former Executives Ordered to Pay $49M for Stealing Trade Secrets
An Austin jury has awarded over $49 million in damages against former executives who misappropriated trade secrets from a mineral brokerage firm.
By MGN Editorial
Maritime Industry Briefing: Airline Restructuring, Women's Leadership, and More
A roundup of recent maritime industry news, including Spirit Airlines' restructuring, Sunset World Group's recognition of female employees, and other updates.
By MGN Editorial