Maritime News
Latest updates from the maritime industry
4309 articles found
IMO Develops Evacuation Plan for Stranded Seafarers Through Strait of Hormuz
The International Maritime Organization has coordinated with Iran, Oman, and other regional states, alongside the US and industry stakeholders, to establish an evacuation plan for seafarers stranded in the Strait of Hormuz.
By MGN Editorial
Fortescue and CMB.TECH Ink Major Deal for Up to 12 Ammonia-Capable Newcastlemax Bulkers
Australian mining giant Fortescue has signed a landmark charter agreement with Belgian shipping group CMB.TECH for up to 12 ammonia-capable Newcastlemax bulk carriers, marking one of the largest commercial commitments to ammonia propulsion in the dry bulk sector to date.
By MGN Editorial
Fastmarkets to Launch Digital Spot Platform for Physical Lithium Market
Commodity price reporting agency Fastmarkets is set to launch a digital spot trading platform for the physical lithium market, aiming to improve price transparency and liquidity access in a sector critical to the maritime energy transition.
By MGN Editorial
Container Alliances Remain Dominant Force But Independent Carriers Carve Out Growing Share
Despite the strategic advantages that container shipping alliances have offered during periods of market disruption, a notable shift toward standalone services is emerging among carriers seeking greater operational flexibility.
By MGN Editorial
Maritime Industry Briefing: No Relevant Maritime News in Current Feed Cycle
The latest RSS feed cycle contains no maritime-specific news items, with content limited to energy storage, solar technology, and mining sector announcements unrelated to the maritime industry.
By MGN Editorial
Maritime Industry Briefing: Geopolitical Risk Tops Shipping Concerns as Arctic Fleet Expands and Hormuz Shows Signs of Recovery
The shipping industry flags geopolitical instability as its foremost risk for a fourth consecutive year, while the U.S. Coast Guard breaks ground on a new Arctic cutter in Finland and early signs of normalcy emerge in the Strait of Hormuz.
By MGN Editorial
IMO Launches Mass Evacuation of 11,000 Stranded Seafarers as U.S.-Iran Diplomacy Reshapes Persian Gulf Security
The International Maritime Organization has initiated a large-scale evacuation of more than 11,000 seafarers trapped in the Persian Gulf following last week's U.S.-Iran peace agreement, as Washington works to reassure Gulf Arab allies over the diplomatic reset.
By MGN Editorial
Maritime Industry Briefing: Leadership Transition at Global Cellulose Fibers
Global Cellulose Fibers has appointed Mike Doss as its new Chief Executive Officer, effective June 23, 2026, as the company navigates a leadership transition with outgoing CEO Clay Ellis moving to a Board Advisor role.
By MGN Editorial
Industry Briefing: ATI Expands Advanced Manufacturing Capabilities for Next-Generation Engine Components
ATI Inc. has announced an expansion of its advanced machining and inspection capabilities to meet rising demand for next-generation aerospace engine components, signalling continued investment in high-precision downstream manufacturing.
By MGN Editorial
Metrostar Returns to Newbuilding Market with MR Tanker Pair at HD Hyundai Mipo
Greek owner Metrostar Management has placed an order for two 50,000 dwt product tankers at South Korea's HD Hyundai Mipo, with delivery scheduled for 2028 at an estimated price of approximately $53 million per vessel.
By MGN Editorial
Prysmian Secures €910 Million Contract for Greek Island Subsea Grid Interconnections
Italian cable giant Prysmian has landed a major framework agreement with Greece's Independent Power Transmission Operator to deliver subsea grid interconnections linking Greek islands to the mainland network.
By MGN Editorial
Maritime Industry Briefing: Workforce Development, Aerospace Milestones, and Leadership Transitions
This week's industry briefing covers workforce development expansion in advanced manufacturing, a historic crewed lunar mission milestone, and a notable executive leadership transition at a major Gulf Coast contractor.
By MGN Editorial
Electric Terminal Trucks Reach 2,000-Unit Milestone as Port Yard Electrification Gains Momentum
Orange EV has deployed its 2,000th electric terminal truck, marking a significant inflection point in the electrification of port and logistics yard operations across North America.
By MGN Editorial
Orange EV Hits 2,000-Unit Milestone as Electric Terminal Trucks Gain Ground in Port and Logistics Yards
Orange EV has deployed its 2,000th electric terminal truck, marking a significant inflection point in the electrification of yard operations across ports, distribution centres, and industrial facilities.
By MGN Editorial
Benchmark Diesel Price Drops Below $5 Per Gallon for First Time Since March
The benchmark diesel price used to calculate most fuel surcharges has fallen below $5 per gallon, offering potential relief for freight operators and shippers tracking fuel-related costs.
By MGN Editorial
Iran and Oman Open Talks on Hormuz Navigation Governance, Raising Stakes for Global Shipping
Iran and Oman have entered formal discussions over the future administration of navigation through the Strait of Hormuz, a waterway critical to approximately 20% of global oil trade, prompting fresh scrutiny from the international maritime community.
By MGN Editorial
Supreme Court Ruling Strips Liability Shield from Freight Brokers and NVOCCs in Landmark Decision
A unanimous U.S. Supreme Court ruling in Montgomery v. Caribe Transport II has fundamentally altered the legal landscape for freight brokers, NVOCCs, customs brokers, freight forwarders, and warehouse operators by removing a long-standing liability protection.
By MGN Editorial
CNTE Launches Liquid-Cooled STAR H-MAX Energy Storage System for Commercial and Industrial Applications
Chinese energy technology firm Contemporary Nebula Technology Energy has unveiled its new liquid-cooled STAR H-MAX battery energy storage system at Intersolar Europe 2026, targeting commercial and industrial sectors with expanded storage capabilities.
By MGN Editorial
Elkem Silicones Rebrands as Bluestar Silicones in Corporate Identity Overhaul
Elkem Silicones has announced a return to its Bluestar Silicones brand identity, introducing a new visual identity while assuring clients and partners of operational continuity.
By MGN Editorial
Preventive Maintenance Discipline Remains Critical to Fleet Longevity and Compliance
New analysis from FreightWaves highlights how carriers that stretch service intervals are disproportionately represented in roadside brake and hub seal violations, underscoring the direct link between maintenance discipline and fleet lifecycle management.
By MGN Editorial