Maritime News
Latest updates from the maritime industry
2453 articles found
Strait of Hormuz Crisis Reshapes Global Energy Markets as US-Iran Ceasefire Offers Potential Relief
Six weeks into the Iran–US conflict, the closure of the Strait of Hormuz has removed 11 million barrels per day from global oil supply—the most significant disruption in modern market history. A tentative US-Iran ceasefire announced this week could temporarily reopen the critical waterway.
By MGN Editorial
KC SmartPort Sets Attendance Record, Signals Strong Momentum in Inland Industrial Logistics
Kansas City's KC SmartPort welcomed over 750 industry leaders to its annual briefing, reinforcing the region's position as a top-15 U.S. industrial market and underscoring growth in inland port and logistics infrastructure.
By MGN Editorial
KC SmartPort Draws Record Crowd as Kansas City Solidifies Industrial Leadership
More than 750 industry leaders gathered at KC SmartPort's annual briefing, signaling continued momentum for Kansas City's position as a top 15 U.S. industrial market and logistics hub.
By MGN Editorial
Orvana Advances Deep Drilling Program at Taguas Property in Argentina
Mining company Orvana reports progress on deep drilling operations at its Taguas property in Argentina, with the first deep drill hole reaching approximately 1,326 metres as of early April.
By MGN Editorial
Orvana Advances Deep Drilling Program at Taguas Property in Argentina
Orvana Resources continues its deep drilling exploration at the Taguas property in Argentina, with initial drill hole TADD-278 reaching approximately 1,326 meters as of April 7, 2026.
By MGN Editorial
Iran Reportedly Attacks Saudi East-West Pipeline Near Yanbu, Raising Energy Shipping Concerns
Iran struck Saudi Arabia's critical East-West Pipeline serving the Yanbu export terminal just hours after a ceasefire agreement, reigniting concerns about regional stability and its impact on global tanker operations and energy markets.
By MGN Editorial
REPT BATTERO Achieves First Annual Profit of RMB 681 Million as Battery Demand Surges
Chinese battery manufacturer REPT BATTERO posts record revenue of RMB 24.3 billion in 2025, marking its first full-year profit and reflecting growing global demand for clean energy storage solutions.
By MGN Editorial
Honeywell to Deploy Automation Technologies at Dangote Refinery to Boost African Fuel Production
Honeywell will implement digital process and automation solutions at Africa's largest refinery to increase operational efficiency, throughput, and equipment reliability. The partnership marks a significant investment in West African fuel infrastructure.
By MGN Editorial
HD Hyundai Heavy Industries Delivers First Ammonia-Powered Vessels
HD Hyundai Heavy Industries has completed the naming ceremony for two mid-sized gas carriers equipped with ammonia dual-fuel engines, marking a significant milestone in the maritime industry's transition to zero-carbon fuels.
By MGN Editorial
ASSA ABLOY Expands European Operations with Rollerdoor Group Acquisition in Portugal
Swedish building access specialist ASSA ABLOY has acquired Portugal-based sectional door manufacturer Rollerdoor Group, strengthening its portfolio in mature European markets.
By MGN Editorial
Hormuz Shipping Remains at Standstill Despite Iran Ceasefire Agreement
Early shipping data reveals that vessel movements through the critical Strait of Hormuz remain severely restricted following the U.S.-Iran ceasefire, contradicting official assurances that the shipping lane has reopened.
By MGN Editorial
Maritime Briefing: Hormuz Strait Disruptions Continue as Offshore Energy Sector Advances
Shipping traffic through the Strait of Hormuz remains constrained following a failed US-Iran ceasefire, while offshore energy projects advance across Asia-Pacific with significant wind and drilling contracts.
By MGN Editorial
Offshore Wind Infrastructure Advances with New Subsea Vessel and Noise Mitigation Technology
The offshore wind sector gains momentum with Boskalis' largest subsea rock installation vessel entering service and an international consortium advancing environmental solutions for wind farm installations.
By MGN Editorial
Iran Ceasefire Opens Hormuz Passage as Energy Markets Stabilize Amid Geopolitical Uncertainty
A day-old US-Iran ceasefire is allowing vessels including Chinese oil tankers to resume transit through the Strait of Hormuz, though Donald Trump's warnings of escalation if peace talks fail have energy markets and shipowners on edge.
By MGN Editorial
Maritime Industry Briefing: LNG Expansion, Offshore Activity, and Regulatory Crackdowns Shape Global Markets
Sonangol accelerates LNG shipping strategy with fresh carrier orders, while France escalates shadow fleet enforcement and offshore subsea demand drives vessel charter activity.
By MGN Editorial
Northern Phoenix Completes Blessing Ceremony, Joins Northern Lights CO2 Shipping Fleet
The Northern Phoenix, third liquefied CO2 carrier for Norway's Northern Lights carbon storage project, has completed its naming ceremony in Bergen and is preparing for operational service. The 130-meter vessel will transport captured CO2 for subsea storage, with a fourth carrier already under construction.
By MGN Editorial
Strait of Hormuz Crisis: 20,000 Seafarers Stranded as Geopolitical Tensions Reshape Shipping and Energy Markets
An estimated 20,000 seafarers are stranded in the Persian Gulf as escalating tensions close the Strait of Hormuz, triggering oil price surges and prompting Fitch Ratings to warn of potential 0.8% global GDP contraction. Crews report operating in a de facto war zone while markets react to geopolitical uncertainty.
By MGN Editorial
Offshore Energy Operations Progress: Wind Farm Safety Surveys, FPSO Production Resumes, ESG Commitments Strengthen
Fugro begins UXO surveys at Morecambe Bay offshore wind farm; Energean FPSO cleared to resume Eastern Mediterranean production; CNOOC publishes 2025 ESG report highlighting governance priorities across the sector.
By MGN Editorial
CNOOC Limited Releases 2025 Environmental, Social and Governance Report
China National Offshore Oil Corporation Limited has published its 2025 ESG report, reinforcing its commitment to sustainable operations and governance standards across its offshore oil and gas portfolio.
By MGN Editorial
Maritime Week in Focus: Liberian Registry Bolsters Compliance as Dry Index Climbs
The Liberian Registry is upgrading digital seafarer compliance systems while freight market indicators show positive momentum, with the Baltic Dry Index climbing to 2161 points amid broader industry regulatory improvements.
By MGN Editorial