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Shipping Industry News
Agri Port is your go-to source for the latest local and global industry news relevant to the shipping and grain vessel loading industry. Stay up-to-date with current events, new regulations, best practices, and essential industry updates that impact your operations.
From
Mike Schuler
via
gCaptain
HD Hyundai Advances Humanoid Welding Robots for Shipbuilding
Two units of South Korean shipbuilding conglomerate HD Hyundai have signed a strategic partnership agreement with Germany’s NEURA Robotics to develop specialized humane-like welding robots for the shipbuilding industry. The...
From
Bloomberg
via
gCaptain
U.S. Customs Revenue Tops $100 Billion for First Time Amid Tariff Surge
US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration.
From
Reuters
via
gCaptain
‘All Crew Muslim’: Ships Look to Dodge Red Sea Attacks With Messages
Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to avoid being targeted by Yemen's Houthis after deadly attacks this week by the militia.
From
The Loadstar
via
gCaptain
Asian-Europe Container Freight Rally Pauses as Spot Rates Soften
It seems the recent container freight spot rate rally on the Asia-North Europe trade might have come to an end, at least temporarily.
From
Mike Schuler
via
gCaptain
Vancouver Port Authority Begins Bidding Process for $3 Billion Container Terminal to Boost Trade Capacity
The Vancouver Fraser Port Authority has initiated the procurement process for the Roberts Bank Terminal 2 Project, marking a significant milestone for Canada’s trade infrastructure development. The authority is seeking...
From
Mike Schuler
via
gCaptain
Ørsted Secures $3 Billion Financing for Taiwan Offshore Wind Project
Danish energy company Ørsted has successfully secured financial close on a TWD 90 billion (approximately USD 3 billion) project finance package for its 632 MW Greater Changhua 2 offshore wind...
From
Reuters
via
gCaptain
European Commission to Propose Floating Russian Oil Price Cap
The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states, four EU diplomats said.
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From
Mike Schuler
via
gCaptain
Crowley Launches LNG-Powered ‘Tiscapa’ to Strengthen U.S.-Caribbean Trade Routes
Crowley has expanded its fleet with the launch of the LNG-powered containership Tiscapa, marking a significant advancement in the company’s service capabilities across the U.S., Caribbean and Central America. The vessel,...
From
Reuters
via
gCaptain
War Risk Premiums Surge Amid Renewed Red Sea Attacks
The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at least four seafarers after months of calm, industry sources said on Thursday.
From
Reuters
via
gCaptain
Rescuers Pull More Survivors From Red Sea as Houthis Hold Crew of Sunken Greek Ship
Rescuers pulled three more crew members and a security guard alive from the Red Sea on Thursday, maritime security sources said, a day after Houthi militants sank the Greek ship Eternity C and said they were holding some of the crew still missing.
From
Bloomberg
via
gCaptain
China Ramps Up Offshore Wind Projects After Slowdown
(Bloomberg) — China has rebuilt a substantial pipeline of offshore wind projects as the sector recovers from a slowdown that followed the end of national subsidies in 2021, according to...
From
Mike Schuler
via
gCaptain
DOT Adds New Waterways to U.S. Marine Highway Program to Boost Inland Shipping
The U.S. Department of Transportation has significantly expanded the United States Marine Highway Program, adding 848 new miles of navigable waterways and approving 14 new sponsors. Transportation Secretary Sean P....
From
Bloomberg
via
gCaptain
China Challenges German Claim Warship Laser-Targeted Plane
(Bloomberg) — China disputed Germany’s accusation that one if its warships behaved dangerously toward a military aircraft in the Red Sea, an incident that Chancellor Friedrich Merz called “totally unacceptable.”...
From
Mike Schuler
via
gCaptain
U.S. Container Imports Set to Fall as Trump Tariffs Loom, NRF Warns
Import cargo volume at major U.S. container ports is expected to experience a temporary rebound this month following a significant late spring decline, but will likely fall again when previously...
From
Mike Schuler
via
gCaptain
Korean Officer to Receive IMO’s Highest Bravery Award for Fishing Vessel Rescue
Officer Lee Tae-Young of the Republic of Korea has been selected to receive the 2025 IMO Award for Exceptional Bravery at Sea for his heroic rescue of 12 fellow crew...
From
Mike Schuler
via
gCaptain
Hamburg Unveils Major Port Overhaul to Secure its Global Shipping Role
Hamburg is investing €1.1 billion in a major port infrastructure expansion project focused on modernizing container terminal operations at the Waltershofer Hafen, where approximately 90 percent of the largest container...
From
Mike Schuler
via
gCaptain
Singapore Straits Piracy Surges: Critical Trade Route Faces 50% Increase in Maritime Crime
The Singapore Straits, a vital maritime corridor handling approximately 30% of global trade, is experiencing an alarming rise in armed robbery incidents, according to a new report from the ICC...
From
Mike Schuler
via
gCaptain
U.S. Treasury Targets 22 Entities in New Crackdown on Iranian Oil Shipping Network
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated 22 entities across Hong Kong, the United Arab Emirates, and Türkiye for facilitating the sale of...
From
Reuters
via
gCaptain
Rescuers Pull More Survivors From Red Sea as Houthis Hold Crew of Sunken Greek Ship
Rescuers pulled three more crew members and a security guard alive from the Red Sea on Thursday, maritime security sources said, a day after Houthi militants sank the Greek ship Eternity C and said they were holding some of the crew still missing.