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.

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NTSB Issues Preliminary Report on Mexican Navy Tall Ship Collision with Brooklyn Bridge
Accidents
June 30, 2025
From 
Mike Schuler
 via 
gCaptain

NTSB Issues Preliminary Report on Mexican Navy Tall Ship Collision with Brooklyn Bridge

The National Transportation Safety Board has released its preliminary report on the May 17 accident in which the Mexican Navy training vessel ARM Cuauhtémoc BE 01 struck the Brooklyn Bridge,...
Trump’s Iran Oil Comments Strain His ‘Maximum Pressure’ Policy
News
June 30, 2025
From 
Bloomberg
 via 
gCaptain

Trump’s Iran Oil Comments Strain His ‘Maximum Pressure’ Policy

President Donald Trump indicated that he might be preparing to ease his “maximum pressure” campaign against Iran, potentially undercutting a central policy dating to his first term and provoking consternation among foreign policy hawks who argue that now is the time to escalate — not lessen — pressure on Tehran.
U.S. Maritime Academies Graduate Over 1,100 Amid National Push to Rebuild Sea Power
Defense
June 30, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Maritime Academies Graduate Over 1,100 Amid National Push to Rebuild Sea Power

More than 1,100 graduates from America’s seven maritime academies have joined the ranks of the U.S. maritime workforce as the Class of 2025, entering the industry during what officials describe...
Italy’s Fincantieri Swaps Cruise Ships for Warships in Defense Bid
Shipbuilding
June 30, 2025
From 
Bloomberg
 via 
gCaptain

Italy’s Fincantieri Swaps Cruise Ships for Warships in Defense Bid

Fincantieri SpA plans to focus some Italian civil and military shipyards on just making warships, in the latest sign that Europe’s defense-spending bonanza is reshaping industrial strategy.
Report: Hanwha Moves to Reflag Korean-Built LNG Carriers Under U.S. Flag
Shipbuilding
June 30, 2025
From 
Mike Schuler
 via 
gCaptain

Report: Hanwha Moves to Reflag Korean-Built LNG Carriers Under U.S. Flag

Hanwha Ocean’s U.S. shipping affiliate has announced plans to reflag Korean-built liquefied natural gas (LNG) vessels to the U.S. flag, according to a Business Korea report. This move follows recent...
Container Losses Rise in 2024 as Red Sea Crisis Forces Riskier Routes
Accidents
June 30, 2025
From 
Mike Schuler
 via 
gCaptain

Container Losses Rise in 2024 as Red Sea Crisis Forces Riskier Routes

The World Shipping Council (WSC) released its annual Containers Lost at Sea report today, revealing that 576 containers were lost at sea in 2024, up from the record-low 221 containers...

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Norwegian Monarch Visits Polar Svalbard as Interest in Arctic Grows
News
June 16, 2025
From 
Reuters
 via 
gCaptain

Norwegian Monarch Visits Polar Svalbard as Interest in Arctic Grows

Norway's King Harald and Queen Sonja were visiting the main settlement on the strategically located Arctic archipelago of Svalbard on Monday, at a time of increased interest in the resource-rich polar region from the U.S., Russia and China.
Oil Shippers Pause Offers to Middle East as Conflict Intensifies
News
June 16, 2025
From 
Bloomberg
 via 
gCaptain

Oil Shippers Pause Offers to Middle East as Conflict Intensifies

Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes since Friday as they assess the risks from Israel’s conflict with Iran, fueling concerns over export flows from the region.
Starmer Confident Aukus Pact Will Proceed Despite Trump Review
Defense
June 15, 2025
From 
Bloomberg
 via 
gCaptain

Starmer Confident Aukus Pact Will Proceed Despite Trump Review

By Ellen Milligan Jun 15, 2025 (Bloomberg) –UK Prime Minister Keir Starmer said he has no doubts that the Aukus defense pact with the US and Australia will continue despite President...
Portugal Leads Marine Protection With New Designated Area
News
June 15, 2025
From 
Reuters
 via 
gCaptain

Portugal Leads Marine Protection With New Designated Area

By Andrei Khalip and Simon Jessop LISBON, June 11 (Reuters) – Portugal said on Wednesday it was creating a new protected marine area around the Gorringe Ridge in the Atlantic Ocean that includes Western Europe’s tallest...
China Conducts Patrols In South China Sea, Warns Philippines
Defense
June 15, 2025
From 
Reuters
 via 
gCaptain

China Conducts Patrols In South China Sea, Warns Philippines

BEIJING, June 15 (Reuters) – China’s military held joint sea and air patrols in the South China Sea on Saturday, a spokesperson for the People’s Liberation Army’s Southern Theater Command said. Spokesperson...
An Overview Of Iran’s Main Gas Field And Oil Infrastructure
News
June 15, 2025
From 
Reuters
 via 
gCaptain

An Overview Of Iran’s Main Gas Field And Oil Infrastructure

DOHA, June 15 (Reuters) – Israel struck an installation at Iran’s South Pars gas field on Saturday, the first attack on Iran’s oil and gas sector as part of what the Israeli...
Ships’ Electronics Increasingly Jammed Since Israel Struck Iran
Shipping
June 14, 2025
From 
Bloomberg
 via 
gCaptain

Ships’ Electronics Increasingly Jammed Since Israel Struck Iran

By Alaric Nightingale Jun 13, 2025 (Bloomberg) —Israel’s airstrikes on Iran have led to increased jamming of the signals of vessels operating in the Middle East, the world’s largest oil producing...
US Warship Arrives In Australia Ahead Of War Games
Defense
June 14, 2025
From 
Reuters
 via 
gCaptain

US Warship Arrives In Australia Ahead Of War Games

By Kirsty Needham SYDNEY, June 14 (Reuters) – A key U.S. warship arrived in Australia on Saturday ahead of joint war games and the first summit between Prime Minister Anthony Albanese and...
Port of Los Angeles Cargo Volumes Drop Amid Tariff Uncertainty, But Relief Expected
Ports
June 13, 2025
From 
Reuters
 via 
gCaptain

Port of Los Angeles Cargo Volumes Drop Amid Tariff Uncertainty, But Relief Expected

Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May and could remain muted through the remainder of 2025, after companies responded to President Donald Trump's 145% tariffs on China by canceling or putting holds on shipments, according to port officials.
Empire Wind Fiasco Forces Equinor to Rethink U.S. Offshore Wind Investment
Offshore
June 13, 2025
From 
Bloomberg
 via 
gCaptain

Empire Wind Fiasco Forces Equinor to Rethink U.S. Offshore Wind Investment

Equinor ASA expects its $5 billion wind project off New York — blocked then unblocked by the Trump administration — to proceed as planned, but said further investments in US offshore wind are likely off the table.
Container Shipping Faces New Threats After Israeli Strikes on Iran
Shipping
June 13, 2025
From 
The Loadstar
 via 
gCaptain

Container Shipping Faces New Threats After Israeli Strikes on Iran

Commercial shipping in the Middle East may face a new threat after a wave of Israeli attacks against Iran’s military and nuclear leadership further destabilised the already volatile region, with concerns rising over a potential blockade of the Strait of Hormuz.
Israel’s Strikes on Iran Jolt Tanker Markets, Freight Rates Soar
News
June 13, 2025
From 
Bloomberg
 via 
gCaptain

Israel’s Strikes on Iran Jolt Tanker Markets, Freight Rates Soar

Israel’s overnight airstrikes on Iran drove up freight rates and tanker stocks Friday as traders and investors priced in the prospect of disruption to a large swath of the global oil-shipping fleet.