Maritime News
Latest updates from the maritime industry
2531 articles found
Japan Prepares to Release Oil Reserves as Iran Crisis Escalates
Japan is preparing to release crude oil from its national reserves as tensions with Iran continue to impact global energy markets.
By MGN Editorial
Iran Picks New Leader as Escalating War Deepens Oil Shock
Iran has selected a new supreme leader as the ongoing conflict in the Middle East continues to disrupt global oil markets.
By MGN Editorial
US Defends Waiver on Russian Oil Sanctions
The Trump administration defends its decision to temporarily lift some sanctions on Russian oil, citing concerns over global energy supply.
By MGN Editorial
Maritime Industry Briefing: Newbuild Orders, Offshore Contracts, and Middle East Tensions
A roundup of recent maritime industry news, including a newbuild order from Uni-Asia, a major offshore contract for SFL Corporation, and security advisories following incidents in the Middle East.
By MGN Editorial
Maritime Industry Briefing: LNG Bunkering, Ship Recycling, and Tanker Orders
A roundup of recent maritime news including LNG bunkering in Hong Kong, EU plans for ship recycling, and a major tanker order in Greece.
By MGN Editorial
ARA Fuel Oil Stocks Decline as Shipping Demand Shifts
Fuel oil and gasoil stocks in the Amsterdam-Rotterdam-Antwerp (ARA) region have dropped significantly in early March, signaling changes in the maritime fuel market.
By MGN Editorial
Greek Bulker Owners Mount Takeover Bid for Genco Shipping
Diana Shipping and Star Bulk Carriers have teamed up to make an all-cash offer to acquire US-based dry bulk operator Genco Shipping & Trading.
By MGN Editorial
Maritime Industry Briefing: Shipping Conference Growth, Digital Transformation Challenges
A roundup of recent maritime industry news, including strong registration for the Geneva Dry shipping conference and insights on navigating the digital technology landscape.
By MGN Editorial
Pioneering Tourism Entrepreneur Honored on International Women's Day
María Dolores López Lira e Hinojo, a leading Mexican tourism entrepreneur, is celebrated for her visionary leadership and lasting impact.
By MGN Editorial
Tanker Market Surges Amid Middle East Tensions
Tanker shipping rates have spiked in the Arabian Gulf as geopolitical risks rise, with some voyages becoming extremely profitable for those willing to take the risk.
By MGN Editorial
Maritime Industry Briefing: Conflict Concerns, Gender Diversity, and Port Congestion
A roundup of recent maritime news covering security risks in the Middle East, progress on gender balance in shipping, and supply chain disruptions at the Port of Mombasa.
By MGN Editorial
Crude Oil Prices Soar as Tanker Rates Reach Record Highs
Crude oil prices have breached the $100 per barrel mark as tankers face disruptions and freight rates skyrocket, raising concerns about the impact on the global energy and shipping markets.
By MGN Editorial
Pioneering Tourism Entrepreneur Celebrated on International Women's Day
María Dolores López Lira e Hinojo, a leading Mexican tourism entrepreneur, is recognized for her visionary leadership in developing integrated resort destinations.
By MGN Editorial
Dry Bulk Shipping Consolidation Heats Up as Star Bulk Joins Takeover Battle
Star Bulk Carriers has entered the bidding war for fellow dry bulk shipping company Genco Shipping & Trading, adding a new twist to the ongoing consolidation in the sector.
By MGN Editorial
Trucking Industry Faces Fuel Cost Pressures and Marketing Challenges
Trucking companies, especially small carriers and owner-operators, are grappling with rising fuel costs and a marketing landscape that may not tell the full story.
By MGN Editorial
Dreams of the Zuo Family in China's Jiangxi Province
A multi-generational family in China's Jinggang Mountains has woven resilience into their lives and etched their legacy in the local maritime industry.
By MGN Editorial
Tanker Fleet Reaches Aging Tipping Point Amid Newbuild Surge
The tanker sector has hit a critical juncture, with over half the global fleet now more than 15 years old, even as shipyards see a frenzy of new orders.
By MGN Editorial
CK Hutchison Files $2 Billion Panama Arbitration Claim
CK Hutchison's Panama Ports Company has launched a $2 billion arbitration claim against the Panamanian government over the cancellation of its terminal concession.
By MGN Editorial
SKF Strengthens Condition Monitoring Portfolio with G-Tech Acquisition
SKF, a leading industrial technology provider, has acquired G-Tech Instruments, a specialist in condition monitoring and measuring instruments, to bolster its digitally-enabled reliability solutions.
By MGN Editorial
SKF Acquires Condition Monitoring Specialist G-Tech Instruments
SKF, a leading provider of bearings and industrial solutions, has acquired G-Tech Instruments to strengthen its condition monitoring portfolio.
By MGN Editorial