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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Ocean Economy Hits $2.2 Trillion as Environmental and Trade Tensions Mount, UNCTAD Reports
Shipping
June 4, 2025
From 
Mike Schuler
 via 
gCaptain

Ocean Economy Hits $2.2 Trillion as Environmental and Trade Tensions Mount, UNCTAD Reports

Ocean-based sectors have emerged as a cornerstone of global trade, reaching a significant milestone of $2.2 trillion in 2023, accounting for 7% of world trade. A new Global Trade Update...
US Coast Guard Responding to Fire on Car Carrier ‘Morning Midas’ Off Coast Of Alaska; 800 Electric Vehicles On Board
News
June 4, 2025
From 
Malte Humpert
 via 
gCaptain

US Coast Guard Responding to Fire on Car Carrier ‘Morning Midas’ Off Coast Of Alaska; 800 Electric Vehicles On Board

The US Coast Guard is reporting no injuries among the 22 crew aboard the medium-size car carrier. Morning Midas is capable of carrying around 6,000 motor vehicles. The vessel departed from Yantai, China on May 26 with destination Lázaro Cárdenas, Mexico where it was expected on June 15. According to shipping database Equasis the 2006 Morning Midas is owned by Hawthorn Navigation Inc. out of London with management by Zodiac Maritime Limited.
Russia’s ‘Shadow Fleet’ Loads First LNG in Eight Months Signaling Breakthrough in Search for Buyer
News
June 4, 2025
From 
Malte Humpert
 via 
gCaptain

Russia’s ‘Shadow Fleet’ Loads First LNG in Eight Months Signaling Breakthrough in Search for Buyer

After months of inactivity Russia’s nascent fleet of sanctioned LNG carriers is on the move again. The 79,800-cbm Arctic Mulan (ex-Mulan) pulled alongside the 360,000-cbm Koryak FSU inside Bechevinskaya Bay in Kamchatka late on June 2. The LNG carrier has been in ballast for the past five months suggesting that it will be receiving cargo from the storage barge.
North Korea pulls capsized warship upright after botched launch, report says
News
June 4, 2025
From 
Reuters
 via 
gCaptain

North Korea pulls capsized warship upright after botched launch, report says

North Korea appears to have returned to an upright position its stricken Choe Hyun Class destroyer that partially capsized during a botched launching ceremony, U.S. researchers said on Wednesday.
US Coast Guard Responding To Fire Aboard 600 Foot Car Carrier ‘Morning Midas’ 300 Miles Off Coast Of Alaska
News
June 4, 2025
From 
Malte Humpert
 via 
gCaptain

US Coast Guard Responding To Fire Aboard 600 Foot Car Carrier ‘Morning Midas’ 300 Miles Off Coast Of Alaska

The US Coast Guard is reporting no injuries among the 22 crew aboard the medium-size car carrier. Morning Midas is capable of carrying around 6,000 motor vehicles. The vessel departed from Yantai, China on May 26 with destination Lázaro Cárdenas, Mexico where it was expected on June 15. According to shipping database Equasis the 2006 Morning Midas is owned by Hawthorn Navigation Inc. out of London with management by Zodiac Maritime Limited.
Defense Secretary Orders Renaming of USNS Harvey Milk Amid DEI Policy Changes
Defense
June 3, 2025
From 
Mike Schuler
 via 
gCaptain

Defense Secretary Orders Renaming of USNS Harvey Milk Amid DEI Policy Changes

Defense Secretary Pete Hegseth has directed the U.S. Navy to rename the USNS Harvey Milk (T-AO 206), a John Lewis-class fleet oiler that was delivered to the Navy in 2023,...
Port of Corpus Christi Completes $625M Ship Channel Expansion, Boosting U.S. Energy Export Capacity
Shipping
June 3, 2025
From 
Mike Schuler
 via 
gCaptain

Port of Corpus Christi Completes $625M Ship Channel Expansion, Boosting U.S. Energy Export Capacity

The Port of Corpus Christi has marked a significant milestone with the completion of its Channel Improvement Project (CIP), deepening the ship channel serving the nation’s busiest oil export port....
VDR Transcripts Reveal Alarms, Missed Warnings in Hours Before Dali’s Fatal Crash with Baltimore Bridge
Accidents
June 3, 2025
From 
gCaptain
 via 
gCaptain

VDR Transcripts Reveal Alarms, Missed Warnings in Hours Before Dali’s Fatal Crash with Baltimore Bridge

By gCaptain Staff – Newly released transcripts from the National Transportation Safety Board (NTSB) are offering a chilling, moment-by-moment look inside the bridge of the Dali containership in the lead-up...
A Simple Scheduling Fix at Los Angeles and Long Beach Ports Yields Big Emissions Savings
News
June 3, 2025
From 
Bloomberg
 via 
gCaptain

A Simple Scheduling Fix at Los Angeles and Long Beach Ports Yields Big Emissions Savings

(Bloomberg) — During the pandemic, as many as 100 giant container ships would idle off the Southern California coast, belching pollutants as they waited for a berth to unload cargo...
Aging Fleet Drives Alarming Rise in Maritime Casualties
Accidents
June 3, 2025
From 
Mike Schuler
 via 
gCaptain

Aging Fleet Drives Alarming Rise in Maritime Casualties

Maritime casualty incidents have increased dramatically over the past six years, with DNV’s latest report revealing a 42% rise between 2018 and 2024, far outpacing the modest 10% growth in...
Zero-Emission Vessels and Suction Sails Take Home Top Honors at Nor-Shipping
News
June 3, 2025
From 
Mike Schuler
 via 
gCaptain

Zero-Emission Vessels and Suction Sails Take Home Top Honors at Nor-Shipping

Bibby Marine and bound4blue have secured top honors at Nor-Shipping 2025, winning the Next Generation Ship Award and Ocean Solutions Award respectively. Bibby Marine’s groundbreaking eCSOV hybrid vessels earned recognition...
Britain Needs Record Offshore Wind Auction to Meet Targets
Offshore
June 3, 2025
From 
Reuters
 via 
gCaptain

Britain Needs Record Offshore Wind Auction to Meet Targets

Britain’s next renewable energy auction must secure a record amount of new offshore wind capacity if the country is to meet its 2030 clean power targets, Darren Davidson, vice president of turbine maker Siemens Energy UK&I, told Reuters.