Maritime News
Latest updates from the maritime industry
4037 articles found
Gulftainer Charts Ambitious Growth Path with Khorfakkan Container Terminal Expansion
Gulftainer is expanding Khorfakkan Container Terminal's capacity from 3.5 million TEU to 5 million TEU, with a long-term target exceeding 10 million TEU as part of a broader trade infrastructure strategy.
By MGN Editorial
Pelican Energy Partners Acquires Precision Manufacturer Veridiam in Strategic Energy Sector Move
Houston-based private equity firm Pelican Energy Partners has completed the acquisition of Veridiam, a California-based precision manufacturer serving the nuclear industry and other sectors, signalling continued consolidation in the energy components supply chain.
By MGN Editorial
Maritime Industry Briefing: Hormuz Control Claim, El Niño Shipping Risks, and Transpacific Volume Rebound
This week's maritime briefing covers President Trump's remarks on US control of the Strait of Hormuz, NOAA warnings of a record-strength El Niño threatening global shipping, and OOCL's strong transpacific volume recovery in Q2.
By MGN Editorial
Knight-Swift's AAA Cooper Expands LTL Network with Four New Terminal Openings
Knight-Swift Transportation's less-than-truckload division, AAA Cooper, has expanded its freight network with the opening of four new terminals, signalling continued investment in domestic freight infrastructure.
By MGN Editorial
Maritime Industry Briefing: Limited Market-Moving News as Sector Awaits Key Earnings and Data
A quiet period for maritime-specific headlines sees the industry monitoring broader industrial earnings cycles, with Simpson Manufacturing's upcoming Q2 2026 results offering a peripheral indicator of structural and construction supply chain health.
By MGN Editorial
IMO Takes Centre Stage: Posthumous Bravery Award and Freedom of Navigation Resolution Headline Council Session
The International Maritime Organization has honoured a Norwegian rescue diver with a posthumous bravery award while its Council adopted a landmark resolution condemning attacks on commercial shipping and reaffirming freedom of navigation.
By MGN Editorial
Trump Reinstates Iran Shipping Blockade and Proposes 20% Hormuz Transit Fee
President Donald Trump has announced the reinstatement of a blockade on Iranian shipping and declared the United States the 'Guardian of the Hormuz Strait,' while proposing a sweeping 20% fee on cargo transiting the critical waterway.
By MGN Editorial
Gordie Howe International Bridge Set to Open, Offering Relief for U.S.-Canada Cross-Border Trade
The long-awaited Gordie Howe International Bridge is nearing its opening, providing a critical new freight corridor between the United States and Canada after years of political delays.
By MGN Editorial
Trump Demands 20% Levy on Hormuz Trade as US Threatens Renewed Iranian Port Blockade
President Trump has called for a 20% kickback from trade transiting the Strait of Hormuz, citing US defence costs, while threatening to reinstate a blockade on Iranian ports.
By MGN Editorial
Industry Briefing: Pierre Guérin Expands Manufacturing Footprint with New North Carolina Facility
Pierre Guérin, a global specialist in process vessels and automated production lines, is expanding its manufacturing capacity with a new facility in North Carolina, signalling continued investment in industrial process equipment across key sectors.
By MGN Editorial
Hormuz Security Collapses After Container Ship Attack, Traffic Falls to Multi-Week Low
A weekend attack on a 7,000 TEU container vessel has triggered a sharp deterioration in security across the Strait of Hormuz, with vessel transits falling to multi-week lows as renewed US-Iran strikes raise the risk profile for commercial shipping in the region.
By MGN Editorial
ADNOC L&S Bulker Acquisition Spree Tops $74 Million with Fourth Secondhand Purchase
ADNOC Logistics & Services has committed nearly $74 million to secondhand bulk carrier tonnage after securing its fourth vessel in a rapid buying campaign, underscoring the Abu Dhabi energy giant's ambitions to expand its dry bulk fleet.
By MGN Editorial
MDT Launches Ultra-Low-Power Dual-Axis Magnetic Switch IC for Industrial Sensing Applications
MultiDimension Technology has introduced the TMR1228D, a high-sensitivity, always-on dual-axis magnetic switch IC targeting smart metering, position detection, and motion control applications relevant to industrial and energy sectors.
By MGN Editorial
South Korea's 390MW Shinan-Wi Offshore Wind Project Enters Construction Phase
Korea Midland Power's Shinan-Wi offshore wind project has secured financing and moved into construction, marking a significant milestone for South Korea's expanding offshore renewable energy sector.
By MGN Editorial
Maritime Industry Briefing: No Relevant Maritime News Available for Current Cycle
The current news feed cycle contains no actionable maritime industry content, with the sole item relating to a French-language humanitarian peace appeal unconnected to shipping, ports, or maritime trade.
By MGN Editorial
Energy Security Under Pressure: EU's Russian LNG Dependency Persists as Global Oil Supply Chains Strain
Europe continues to funnel billions into Russian Arctic LNG despite a looming import ban, while analysts warn that depleted crude stocks and fragile supply chains risk triggering a broader energy price crisis.
By MGN Editorial
Maritime Industry Briefing: Coastal Development Signals Gulf Coast Tourism Growth
Innisfree Hotels breaks ground on two new projects in Pensacola Beach, Florida, reflecting continued investment in Gulf Coast waterfront destinations with implications for regional maritime tourism and port-adjacent economies.
By MGN Editorial
Hormuz Crisis Deepens as Covert Ship Transits Continue Amid US-Iran Strikes
Escalating military exchanges between the United States and Iran have effectively halted observable commercial traffic through the Strait of Hormuz, with only a handful of vessels making covert transits as oil prices surge.
By MGN Editorial
Container Ship Attacked in Strait of Hormuz as Iran Escalates Gulf Conflict
A container vessel has been attacked in the Strait of Hormuz amid a significant escalation of hostilities in the Gulf region, with Iran reportedly closing the critical waterway and striking U.S. installations and regional energy infrastructure.
By MGN Editorial
Energy Transition Briefing: Renewables Hold Cost Advantage Amid Rising Pressures, IsoEnergy Advances Sustainability Goals
Lazard's latest LCOE report confirms renewables remain the most cost-competitive new-build power generation option despite mounting cost headwinds, while uranium developer IsoEnergy publishes its 2025 sustainability report underscoring responsible growth commitments relevant to the nuclear fuel supply chain.
By MGN Editorial