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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
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...
From
Mike Schuler
via
gCaptain
U.S.-Built ECO Liberty Ushers in New Era for American Offshore Wind Vessels
Equinor has officially launched the Service Operations Vessel (SOV) ECO Liberty for deployment in its Empire Wind offshore wind project in New York. The vessel was christened on Saturday at a ceremony...
From
Bloomberg
via
gCaptain
Oil Tanker Suffers Unexplained Blast Weeks After Russia Call
A tanker hauling 1 million barrels of oil suffered an explosion while near Libya, its manager said Monday. The Vilamoura is being towed to Greece, where damage will be assessed upon arrival. The blast caused water intake and the vessel’s engine room is flooded, a spokesperson for TMS Tankers said. Exactly what caused the explosion was unclear, they added.
From
Malte Humpert
via
gCaptain
Russia Deploys New ‘Shadow Fleet’ LNG Carrier to Load Gas at Sanctioned Arctic Project
Russia has started renewed efforts to export liquefied natural gas from its flagship project, Arctic LNG 2. After mothballing the plant for nearly nine months last fall, majority owner Novatek has seemingly launched a new attempt to lift cargoes from the facility.
From
Reuters
via
gCaptain
Russia’s Warships Conduct Drills In Sea Of Japan
June 30 (Reuters) – Russian warships and coastal missile systems struck simulated maritime targets with cruise missiles during exercises in the Sea of Japan, TASS state news agency reported on Monday, citing Russia’s defense...
From
Bloomberg
via
gCaptain
China’s Envoy Urges Australia To Resist US Pressure On Military Spending
By Michael Heath Jun 29, 2025 (Bloomberg) –China’s envoy to Canberra urged Australia not to be “incited” by NATO’s support for US demands to sharply raise defense spending and instead cooperate...
From
Reuters
via
gCaptain
With A Primitive Canoe, Scientists Replicate Prehistoric Seafaring
By Will Dunham June 25 (Reuters) – Our species arose in Africa roughly 300,000 years ago and later trekked worldwide, eventually reaching some of Earth’s most remote places. In doing so, our ancestors surmounted geographic barriers including...
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From
Reuters
via
gCaptain
Panama Canal Boss Says MSC Ports Deal Threatens Neutrality
The sale of two ports near the Panama Canal to a global consortium led by Mediterranean Shipping Company (MSC) threatens the canal's principle of neutrality, the canal's head Ricaurte Vasquez told the Financial Times.
From
Bloomberg
via
gCaptain
Trump’s Energy Dominance Push Helped by Gulf Oil Output Revival
US oil production is poised to rise this year and next as President Donald Trump pushes for more drilling. But as crude prices tumble, most of the growth will come from a surprising source: the Gulf of Mexico.
From
Reuters
via
gCaptain
Pipelines, Price Cap, and Shadow Fleet: EU Escalates Economic War on Russia
The European Commission has proposed an 18th package of sanctions against Russia for its invasion of Ukraine, aimed at Moscow's energy revenues, its banks and its military industry, European Commission President Ursula von der Leyen said on Tuesday.
From
Mike Schuler
via
gCaptain
Bulk Carrier Safety Improves But Red Sea Attacks Cast Shadow Over Sector
INTERCARGO’s latest casualty report reveals a significant improvement in bulk carrier safety over the past decade, though emerging security threats in the Red Sea region have introduced new challenges to...
From
Malte Humpert
via
gCaptain
Russia’s Newest Icebreaking Tanker Reaches Arctic Mega Project ‘Vostok Oil’ For First Time
Russia’s newest ice-capable oil tanker, Valentin Pikul, has reached the Vostok Oil project, under construction in the high Arctic, for the first time. The trip through hundreds of nautical miles of sea ice likely functions as the vessel’s ice trials.
From
Bloomberg
via
gCaptain
Chinese Aircraft Carrier Seen Operating Deeper Into Pacific
A Chinese aircraft carrier made one of its deepest forays into the Pacific Ocean over the weekend as Beijing continues to project its military power further from its shores. The Liaoning and three other Chinese naval vessels were seen on Saturday around 300 kilometers (some 185 miles) southwest of the remote, uninhabited Japanese island of Minamitori, according to a statement from Japan’s Joint Chief of Staff.
From
Mike Schuler
via
gCaptain
Salvage Tug Arrives as Car Carrier ‘Morning Midas’ Continues to Burn Off Alaska Coast
The Coast Guard continues to respond to a vessel fire aboard the car carrier Morning Midas, located approximately 220 miles south of Adak, Alaska, as the first salvage vessel arrives...
From
Mike Schuler
via
gCaptain
South Korea’s Hanwha Cleared to Boost Control of U.S. Navy Shipbuilder Austal
Hanwha Group has received clearance from the Committee on Foreign Investment in the United States (CFIUS) to increase its shareholding in Australian shipbuilder Austal Limited up to 100%, marking a...
From
Mike Schuler
via
gCaptain
Congress Passes Maritime Security and Cargo Preference Bills to Bolster U.S. Ports and Fleet
The U.S. House of Representatives today passed a package of nine transportation-related bills, including several aimed at enhancing maritime supply chain security, reinforcing the U.S. flag fleet, and cracking down...
From
Mike Schuler
via
gCaptain
Atlantic Shores Cancels Major New Jersey Offshore Wind Project Amid Federal Headwinds
Atlantic Shores Offshore Wind has terminated its New Jersey offshore wind project that would have powered more than 700,000 homes—marking another significant setback for the U.S. offshore wind industry. The...
From
Mike Schuler
via
gCaptain
4 Remain Missing After Explosions Rock Singapore-Flagged Containership Off India
Four people remain missing after a major fire on a Singapore-flagged containership off the southwest coast of India. Multiple explosions and fires erupted aboard the Singapore-flagged container vessel MV WAN...
From
Mike Schuler
via
gCaptain
Fire Continues to Burn on Car Carrier Morning Midas as First Salvage Tug Expected to Arrive
The car carrier Morning Midas continues to burn off Alaska’s coast as the first of three salvage tugs is expected to arrive on scene today. The vessel has been burning...