Maritime News
Latest updates from the maritime industry
4278 articles found
Global Rigid IBC Market Forecast to Nearly Double, Reaching $7.87 Billion by 2036
The global rigid intermediate bulk container market is projected to grow from $4.23 billion in 2025 to $7.87 billion by 2036, driven by rising demand in chemical manufacturing and certified bulk transport, according to Future Market Insights.
By MGN Editorial
WISA Group Plc Secures Regulatory Approval for Demerger and Stock Exchange Listing
Finland's Financial Supervisory Authority has approved the demerger and listing prospectus for WISA Group Plc, a spin-off from UPM-Kymmene Corporation, marking a significant corporate restructuring in the Nordic forest and maritime cargo sector.
By MGN Editorial
Maritime Industry Briefing: FuelEU Compliance Risks, Hormuz Disruption Concerns, and Offshore Contract Awards
More than 40% of assessed vessels face potential FuelEU Maritime deficits, while industry leaders warn of recurring Hormuz disruptions and offshore operators secure new long-term contracts.
By MGN Editorial
Maritime Industry Briefing: Captain Pleads Guilty to Cadet Assault; AI Strategy Debate Continues
A former ship captain has pleaded guilty to drugging and raping a US Merchant Marine Academy cadet, while industry voices call for a more pragmatic approach to artificial intelligence adoption in shipping.
By MGN Editorial
Former Ship Captain Pleads Guilty to Drugging and Raping Cadet in Landmark Maritime Safety Case
Former Captain John Merrone has pleaded guilty to drugging and sexually assaulting a 21-year-old cadet, facing up to 20 years in prison in a case that underscores urgent concerns about crew welfare and safety at sea.
By MGN Editorial
No Relevant Maritime News Available in Current Feed
The latest feed cycle did not contain maritime-specific content suitable for publication on this platform. Editors are monitoring sources for relevant industry updates.
By MGN Editorial
Energy-Efficiency Coatings Firm NxLite Closes Oversubscribed $13.1M Series A, Eyes Expansion
NxLite, a manufacturer of air-stable, energy-efficient coatings for glass and polymeric substrates, has completed a $13.1 million Series A funding round alongside a $3.5 million debt facility, with the final close landing 42% above its October announcement target.
By MGN Editorial
Energy-Efficiency Coatings Firm NxLite Closes Oversubscribed $13.1M Series A, Eyes Maritime and Industrial Applications
NxLite, a Michigan-based manufacturer of air-stable, energy-efficient coatings, has completed a $13.1 million Series A funding round alongside a $3.5 million debt facility, with the final close landing 42% above its October target.
By MGN Editorial
Ecopetrol to Release Q2 2026 Financial Results in August
Colombian state oil company Ecopetrol has announced it will publish its second quarter 2026 financial and operating results on August 3, followed by a management conference call on August 4.
By MGN Editorial
J.B. Hunt Posts Strong Q2 Earnings Beat, Shares Surge 9%
J.B. Hunt Transport Services exceeded analyst expectations in its second-quarter results, driving a 9% jump in after-hours share price and signalling resilience in the broader freight sector.
By MGN Editorial
GENMA Automation Technology Gains Global Recognition Following Strategic Brand Overhaul
Chinese equipment manufacturer RAINBOWCO reports significant order wins and international recognition for its GENMA brand automation technology following a strategic rebranding initiative.
By MGN Editorial
Maritime Industry Briefing: Limited Sector News as NNS Advances OCI Stake Acquisition
NNS has disclosed further share transactions in OCI as part of its ongoing public offer, while this week's broader news cycle offered limited maritime-specific developments for industry professionals to monitor.
By MGN Editorial
NNS Acquires Stake in OCI in Strategic Energy Sector Move
Cyprus-based NNS has announced the acquisition of shares in OCI, following a public offer disclosure made in late June 2026, signalling continued consolidation activity in the energy and maritime sectors.
By MGN Editorial
Seabourn Marks 40th Anniversary with 54-Voyage 'Ruby Collection' Programme for 2028
Luxury cruise operator Seabourn has announced 'The Ruby Collection', a commemorative programme of 54 voyages across its ocean and expedition fleet to celebrate its 40th anniversary in 2028.
By MGN Editorial
Natixis CIB and Arab Energy Fund Secure $375 Million in Landmark Energy Infrastructure Financing
Global law firm Greenberg Traurig has advised Natixis CIB and The Arab Energy Fund on a landmark financing transaction of up to $375 million for a diversified energy infrastructure portfolio under Project Peregrine.
By MGN Editorial
Voluntary Carbon Market Projected to Reach USD 7.06 Billion by 2031 as Shipping Industry Eyes Offset Opportunities
A new report from Mordor Intelligence forecasts the voluntary carbon market will grow to USD 7.06 billion by 2031, with spot transactions dominating activity — a trend with significant implications for maritime decarbonisation strategies.
By MGN Editorial
Voluntary Carbon Market Set to Exceed USD 7 Billion by 2031, Presenting Opportunities for Maritime Decarbonisation
A new report from Mordor Intelligence projects the voluntary carbon market will reach USD 7.06 billion by 2031, a trajectory with significant implications for shipping companies pursuing net-zero commitments.
By MGN Editorial
Maritime Industry Briefing: Metals and Battery Materials Developments with Shipping Supply Chain Implications
Recent announcements from Silvercorp Metals and Century Lithium highlight ongoing developments in the raw materials sector, with potential downstream implications for maritime freight and the shipping industry's energy transition.
By MGN Editorial
Energy Sector Briefing: Clean Technology Insurance, Battery Metals, and Manufacturing Expansion
A selection of energy sector developments highlights growing momentum in clean technology risk management, domestic manufacturing, and advanced battery materials as industries adapt to evolving power demands.
By MGN Editorial
Ariel Green Pays Technology Performance Insurance Claim, Signalling Stronger Risk Coverage for Clean Energy Projects
Ariel Green has confirmed payment of a Technology Performance Insurance claim for a plastic recycling facility, highlighting the growing role of specialist insurance products in protecting clean energy and circular economy investments.
By MGN Editorial