Maritime News
Latest updates from the maritime industry
2550 articles found
Metal Fabrication Market Projected to Grow 4.7% Annually to $32.47 Billion by 2032
The global metal fabrication market is expected to grow from $22.48 billion in 2024 to $32.47 billion by 2032, driven by innovation and CNC machining advancements.
By MGN Editorial
U.S. Moves to Seize Sanctioned Tanker and $150M Oil Cargo
The U.S. Department of Justice has filed a civil forfeiture complaint to permanently seize the motor tanker Skipper and its Venezuelan crude oil cargo, the latest move in Washington's crackdown on Iran and Venezuela oil shipments.
By MGN Editorial
Maersk, Hapag-Lloyd Reroute Sailings Amid Suez Concerns
Major container lines Maersk and Hapag-Lloyd are rerouting some March sailings away from the Red Sea and Suez Canal region due to 'unforeseen constraints'.
By MGN Editorial
EQT Exits Remaining Stake in Azelis Group
Private equity firm EQT completes final selldown of its stake in specialty chemicals distributor Azelis Group.
By MGN Editorial
Flux Marine Bolsters Advisory Board with Veteran Strategy Leader
Flux Marine, a leader in electric outboard technology, has appointed Gary Lancina, former head of strategy at Mercury Marine, to its advisory board.
By MGN Editorial
Maritime Industry Briefing: Sanctions Impact, Shore Power Challenges
A roundup of recent maritime news, including the impact of U.S. sanctions on Cuba's fuel supply and concerns over the commercial viability of shore power infrastructure.
By MGN Editorial
Gemini Partners Revamp Asia-Europe/Med Services
Major container shipping lines Hapag-Lloyd and Ocean Network Express (ONE) have announced changes to some of their joint Asia-Europe and Asia-Mediterranean services.
By MGN Editorial
SINBON and Swobbee Collaborate to Expand Battery Swapping in New York City
SINBON and Swobbee are partnering to deploy a citywide battery swapping network in New York City, aiming to reduce fire risks from e-bike charging and support cleaner last-mile mobility.
By MGN Editorial
UNESCO Warns of Port Development Impacts on World Heritage Site in Panama
The United Nations has raised concerns that a major port development in Panama could impact the Coiba National Park, a UNESCO World Heritage site.
By MGN Editorial
CMA CGM Launches New Japan-Europe Container Service
CMA CGM is launching a new direct container service connecting Japan and South China to North Europe, providing faster transit times.
By MGN Editorial
Maritime Industry Roundup: Logistics Investments, Tariff Impacts, and Port News
A roundup of recent maritime industry news, including MOL and Mitsubishi's logistics investment in Vietnam, Canada's concerns over US tariffs, and port updates from Hong Kong and New Zealand.
By MGN Editorial
Maritime Industry Briefing: Freight Rates, Drone Incident Near French Carrier
A roundup of recent maritime industry news, including updates on container freight rates and a drone incident near a French aircraft carrier.
By MGN Editorial
Near-Record Imports at Top US Container Port Despite Trade War
The Port of Long Beach recorded its second-busiest January ever, defying the effects of the China-U.S. trade war and economic uncertainty.
By MGN Editorial
CMA CGM Launches Japan-Europe Express Service
CMA CGM is launching a new standalone Japan-Europe express service in April as cargo owners face reduced direct connections between the two regions.
By MGN Editorial
Crown Boiler Company Files for Chapter 11 Restructuring
Burnham Holdings announces court-supervised restructuring for Crown Boiler Company subsidiary to resolve legacy obligations.
By MGN Editorial
U.S. Solidifies Position as Global LNG Export Leader with Corpus Christi Expansion
The U.S. Department of Energy authorizes a 12% expansion at Cheniere Energy's Corpus Christi LNG terminal, cementing America's dominance in the global liquefied natural gas market.
By MGN Editorial
Volvo Trucks Launches Redesigned VNR Model at Virginia Plant
Volvo Trucks North America has begun serial production of its 90% redesigned VNR regional-haul tractor at its plant in Dublin, Virginia, with initial deliveries to a Tennessee homebuilder.
By MGN Editorial
FMC Corporation Elects New Board Member
FMC Corporation, a leading global agricultural sciences company, has announced the election of Michael F. Barry to its Board of Directors.
By MGN Editorial
Dry Bulk Shipping Outlook: South African Coal Exports Expand, Baltic Dry Index Rebounds
A roundup of recent maritime industry news, including rising South African coal exports, a rebound in the Baltic Dry Index, and German import price declines.
By MGN Editorial
EU Sanctions on Russian Maritime Services Stall, Impacting Trade
The EU's proposed ban on maritime services to Russia failed to pass, delaying further sanctions and impacting Russian trade flows.
By MGN Editorial