Maritime News
Latest updates from the maritime industry
2517 articles found
Southeast Asia's First Fully Electric Harbor Tug Delivered
Bureau Veritas celebrates the delivery of EON, the first fully electric harbor tug in Singapore and Southeast Asia, marking a major milestone for sustainable maritime operations in the region.
By MGN Editorial
South Korean Investment Sought for India's Maritime Ambitions
Indian ambassador pitches opportunities for Korean shipbuilders and startups to expand into India's growing maritime and manufacturing sectors.
By MGN Editorial
Diesel Prices Surge, Impacting Trucking and Shipping
Diesel prices have spiked 38% in just 30 days, the fastest one-month fuel price increase the trucking industry has seen in years. This is putting pressure on freight rates and supply chains.
By MGN Editorial
Milliken & Company Named One of the World's Most Ethical Companies for 20th Consecutive Year
Milliken & Company, a diversified manufacturer, has been recognized by Ethisphere as one of the World's Most Ethical Companies for the 20th year in a row, highlighting the company's commitment to ethical business practices.
By MGN Editorial
Hapag-Lloyd Deepens Presence in India's Booming Shipping Market
German liner giant Hapag-Lloyd signs agreements with the Indian government to expand its operations in one of the world's fastest-growing shipping markets.
By MGN Editorial
Cosco Warns of Supply Chain Volatility Amid Middle East Tensions
China's largest shipping company Cosco comments on the impact of geopolitical events on global supply chains as it reports a 38% drop in net profits.
By MGN Editorial
Okuma America Corporation President Appointed to Manufacturing Technology Board
Okuma America Corporation's President, CEO, and COO, Jim King, has been appointed to the Association for Manufacturing Technology's Board of Directors.
By MGN Editorial
UN Shipping Body Condemns Hormuz Attacks as Crisis Deepens
The International Maritime Organization issues a forceful condemnation of attacks on commercial shipping in the Strait of Hormuz, warning that the situation poses a 'grave' threat to international trade and maritime security.
By MGN Editorial
Electric Motor Manufacturer IEC Holden Rebrands as Rockit Motors
IEC Holden, a 121-year-old leader in electric motor and generator manufacturing, has rebranded as Rockit Motors to better position the company for the new era of electrification.
By MGN Editorial
AirX Climate Solutions Acquires Northern Air Systems
AirX Climate Solutions, a leading HVAC solutions provider, has acquired Northern Air Systems to strengthen its mission-critical HVAC capabilities.
By MGN Editorial
Genco Rejects Star Bulk-Backed Diana Shipping Bid
Genco Shipping & Trading has rejected a takeover bid from Star Bulk Carriers for Diana Shipping, citing undervaluation and 'fire sale' vessel purchases.
By MGN Editorial
Maritime Industry Briefing: Volvo Trucks Expansion, FedEx Earnings
Volvo Trucks announces major investments and a record truck order, while FedEx reports strong quarterly earnings.
By MGN Editorial
UN Pushes 'Safe Maritime Corridor' Plan to Evacuate Ships Trapped in Hormuz
The International Maritime Organization is working to establish a safe passage framework for commercial shipping in the Strait of Hormuz as thousands of vessels remain stranded amid escalating attacks.
By MGN Editorial
Maritime Industry Briefing: Dry Bulk Rates, China Corn Imports, UK Employment
A roundup of recent maritime industry news, including updates on the Baltic Dry Index, China's corn imports, and employment trends in the UK.
By MGN Editorial
Tanker Spoofing Raises Concerns in Maritime Industry
A tanker sailing for Cuba with Russian gasoil has been broadcasting it is 'not under command' for weeks, raising questions about potential sanctions evasion.
By MGN Editorial
Monterey Emerges as Premier Spring Destination for Sporting Events and Outdoor Adventure
Monterey, California offers a unique blend of world-class sporting events and boundless opportunities for outdoor recreation, making it an ideal spring getaway destination.
By MGN Editorial
Sanctuary Metals Expands Retirement Protection Offerings
Precious metals firm Sanctuary Metals announces expanded mission to help Americans safeguard retirement savings through precious metals investments.
By MGN Editorial
Tanker Markets Surge as Physical Oil Barrels Disappear from Global Trade
Surging oil prices in physical markets have outpaced benchmark futures, as refiners and traders scramble to secure scarce barrels amid the Russia-Ukraine conflict.
By MGN Editorial
AirportLabs Redefines Operational Simplicity at World's Busiest Airports
Leading aviation technology provider AirportLabs is transforming operations at the world's busiest airports with its innovative digital solutions.
By MGN Editorial
USNS Mercy Arrives in Portland, Humanitarian Mission Narrative Fades
The U.S. Navy hospital ship USNS Mercy has arrived in Portland, Oregon, after weeks of speculation over a proposed Greenland deployment.
By MGN Editorial