Maritime News
Latest updates from the maritime industry
2467 articles found
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
Unite Secures Historic Union Recognition Agreement with North Sea Operator Apache
Britain's largest offshore trade union has secured a landmark recognition agreement with Apache, establishing formal labor representation for 250 workers on the UK Continental Shelf.
By MGN Editorial
Supply Chain Tech Gains Momentum as Mexico Logistics Crisis Tests Trade Routes
project44 accelerates agentic AI capabilities through LunaPath.ai acquisition while Mexico trucking disruptions highlight ongoing vulnerability in land logistics corridors critical to maritime trade.
By MGN Editorial
Hormuz Strait Traffic Collapses as Iran Issues Territorial Waters Warning
Iran's Islamic Revolutionary Guard Corps has warned commercial shipping to navigate through its territorial waters in the Strait of Hormuz, as vessel traffic plummeted to below 10% of normal volumes on Thursday.
By MGN Editorial
Offshore Energy Sector Gains Momentum: Services Consolidation, LNG Investment, and Subsea Tech Advances
Recent activity across the offshore energy market demonstrates sustained industry momentum, with strategic service consolidations, European LNG storage expansion, and advanced subsea technology deployments reshaping the deepwater and energy infrastructure landscape.
By MGN Editorial
Propane Tank Economics: Refill vs. Exchange—Operational Considerations for Maritime and Industrial Users
Energy industry experts discuss the cost and logistics trade-offs between refilling and exchanging propane tanks, offering practical guidance for maritime facilities and industrial operations.
By MGN Editorial
Shipping Markets Surge Amid Crew Welfare Scrutiny and Geopolitical Tensions
Container and tanker rates climb as fuel costs and Hormuz uncertainty reshape shipping dynamics, while Australian regulators enforce crew welfare standards and geopolitical tensions complicate European trade routes.
By MGN Editorial