The recent monumental detection of gravitational waves by LIGO, the subsequent detection by the LIGO/VIRGO observatories of a binary neutron star merger seen in the gravitational wave signal [Formula: see text], the first photo of the event horizon of the supermassive black hole at the center of Andromeda galaxy released by the EHT telescope and the ongoing experiments on Relativistic Heavy Ion Collisions at the BNL and at the CERN, demonstrate that we are witnessing the second golden era of observational relativistic gravity. These new observational breakthroughs, although in the long run would influence our views regarding this Kosmos, in the short run, they suggest that relativistic dissipative fluids (or magnetofluids) and relativistic continuous media play an important role in astrophysical-and also subnuclear-scales. This realization brings into the frontiers of current research theories of irreversible thermodynamics of relativistic continuous media. Motivated by these considerations, we summarize the progress that has been made in the last few decades in the field of nonequilibrium thermodynamics of relativistic continuous media. For coherence and completeness purposes, we begin with a brief description of the balance laws for classical (Newtonian) continuous media and introduce the classical irreversible thermodynamics (CIT) and point out the role of the local-equilibrium postulate within this theory. Tangentially, we touch the program of rational thermodynamics (RT), the Clausius–Duhem inequality, the theory of constitutive relations and the emergence of the entropy principle in the description of continuous media. We discuss at some length, theories of non equilibrium thermodynamics that sprang out of a fundamental paper written by Müller in 1967, with emphasis on the principles of extended irreversible thermodynamics (EIT) and the rational extended irreversible thermodynamics (REIT). Subsequently, after a brief introduction to the equilibrium thermodynamics of relativistic fluids, we discuss the Israel–Stewart transient (or causal) thermodynamics and its main features. Moreover, we introduce the Liu–Müller–Ruggeri theory describing relativistic fluids. We analyze the structure and compare this theory to the class of dissipative relativistic fluid theories of divergent type developed in the late 1990 by Pennisi, Geroch and Lindblom. As far as theories of nonequilibrium thermodynamics of classical media are concerned, it is fair to state that substantial progress has been made and many predictions of the extended theories have been placed under experimental scrutiny. However, at the relativistic level, the situation is different. Although the efforts aiming to the development of a sensible theory (or theories) of nonequilibrium thermodynamics of relativistic fluids (or continuous media) spans less than a half-century, and even though enormous steps in the right direction have been taken, nevertheless as we shall see in this review, still a successful theory of relativistic dissipation is lacking.