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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Trump Set to Tout Korean Investment in Alaska LNG, Other Projects, Sources Say
News
September 30, 2026
From 
Reuters
 via 
gCaptain

Trump Set to Tout Korean Investment in Alaska LNG, Other Projects, Sources Say

President Donald Trump could unveil plans as soon as Wednesday to tap South Korea's pledged strategic investment package for about $54 billion to build a liquefied natural gas facility in Alaska and several other major US projects, according to two people familiar with the discussions.
JPMorgan and Goldman See Mideast Oil Flows Near Pre-War Levels
News
September 30, 2026
From 
Bloomberg
 via 
gCaptain

JPMorgan and Goldman See Mideast Oil Flows Near Pre-War Levels

Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan Chase & Co. and Goldman Sachs Group Inc.
Saronic Wins Navy Production Contract for 180-Foot Autonomous Surface Vessel
Defense
September 29, 2026
From 
Mike Schuler
 via 
gCaptain

Saronic Wins Navy Production Contract for 180-Foot Autonomous Surface Vessel

Saronic Technologies has won a U.S. Navy production contract for its 180-foot Marauder autonomous surface vessel after completing an at-sea evaluation that put the ship through more than 140 scenarios over eight...
Cheniere Signs 22-Year LNG Supply Deal With Petrobras
News
September 29, 2026
From 
Mike Schuler
 via 
gCaptain

Cheniere Signs 22-Year LNG Supply Deal With Petrobras

Cheniere Energy has signed a 22-year agreement to supply Brazil’s Petrobras with U.S. liquefied natural gas, adding another long-term customer as the company looks to support further expansion of its...
Russian Crude Exports Boom Blunted by Kremlin’s Diesel Sales Ban
Shipping
September 29, 2026
From 
Bloomberg
 via 
gCaptain

Russian Crude Exports Boom Blunted by Kremlin’s Diesel Sales Ban

Russia shipped the most crude in a month-and-a-half, while a jump in prices propelled the value of those cargoes close to the highest since the start of the invasion of Ukraine in 2022. But the benefits to the Kremlin are being undermined by its ban on overseas diesel sales.
Old Hulls, New Money: Why the VLCC Market Has Stopped Counting Years
Shipping
September 29, 2026
From 
Paul Morgan
 via 
gCaptain

Old Hulls, New Money: Why the VLCC Market Has Stopped Counting Years

For most of shipping history, the valuation equation has been straightforward. A ship leaves the yard, begins ageing and progressively loses value. New steel commands the premium. Older steel trades at a discount.

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U.S. Rejects Iran’s Mine Claim as Hormuz Shipping Threat Remains Severe
News
September 14, 2026
From 
Mike Schuler
 via 
gCaptain

U.S. Rejects Iran’s Mine Claim as Hormuz Shipping Threat Remains Severe

U.S. Central Command is disputing an Iranian claim that a Panama-flagged tanker recently struck a naval mine in the Strait of Hormuz, saying the ship was instead hit by Iranian...
Oil Tanker Rates Top $1 Million a Day as Hormuz War Squeezes Fleet
News
September 14, 2026
From 
Bloomberg
 via 
gCaptain

Oil Tanker Rates Top $1 Million a Day as Hormuz War Squeezes Fleet

The cost of hiring an oil tanker on the industry’s benchmark trade route topped $1 million a day for the first time, as the Iran war leaves too few ships willing to cross the Strait of Hormuz to collect cargoes.
Canadian Coast Guard Adds First Large Great Lakes Vessel in More Than 30 Years
News
September 14, 2026
From 
Mike Schuler
 via 
gCaptain

Canadian Coast Guard Adds First Large Great Lakes Vessel in More Than 30 Years

The Canadian Coast Guard has officially welcomed the CCGS Judy LaMarsh into its fleet, marking the first addition of a large vessel to its Great Lakes operations in more than three decades....
New Attacks in Hormuz and Saudi Test Nerves as War’s Spread Worsens Oil Disruption
News
September 14, 2026
From 
Reuters
 via 
gCaptain

New Attacks in Hormuz and Saudi Test Nerves as War’s Spread Worsens Oil Disruption

New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by Yemen's Houthis threatened to worsen the wartime disruption to global energy supplies.
Gulf States Postpone Iran Talks as Houthis Strike Saudi Arabia
News
September 14, 2026
From 
Reuters
 via 
gCaptain

Gulf States Postpone Iran Talks as Houthis Strike Saudi Arabia

TAIZ, Yemen/DUBAI, Sept 14 (Reuters) – Arab states in the Gulf called off a meeting with Iran planned for Monday, while Yemen’s Houthis launched a new attack on Saudi Arabia after fighting that has...
Swedish Club Warns Cape Horn Is No Simple Panama Canal Alternative
News
September 14, 2026
From 
Mike Schuler
 via 
gCaptain

Swedish Club Warns Cape Horn Is No Simple Panama Canal Alternative

A tightening Panama Canal is once again forcing shipowners to weigh longer routes around South America, but the Swedish Club is warning that Cape Horn and the Strait of Magellan...
Maersk, Hapag-Lloyd Accelerate Return to Suez Despite Red Sea Risks
News
September 14, 2026
From 
Mike Schuler
 via 
gCaptain

Maersk, Hapag-Lloyd Accelerate Return to Suez Despite Red Sea Risks

Maersk and Hapag-Lloyd are significantly expanding their return to the Suez Canal, shifting four additional Gemini Cooperation services away from the Cape of Good Hope even as the security outlook...
Indonesia Rescuers Battle Turbulent Seas in Search for 129 People After Passenger Ship Capsizes
News
September 14, 2026
From 
Reuters
 via 
gCaptain

Indonesia Rescuers Battle Turbulent Seas in Search for 129 People After Passenger Ship Capsizes

Hundreds of Indonesian rescuers including the coast guard and the navy raced on Monday to board a passenger ship that capsized in the Java Sea over the weekend as they searched for 129 people still missing, officials said, with the confirmed death toll at six.
Ports Giant DP World Redraws Hormuz Logistics With Truck Bet
Ports
September 14, 2026
From 
Bloomberg
 via 
gCaptain

Ports Giant DP World Redraws Hormuz Logistics With Truck Bet

Ports giant DP World is expanding its overland logistics network in a bet that shipping through the Strait of Hormuz — vital for its flagship container and industrial hub in the United Arab Emirates — won’t return to the status quo from before the US-Iran war.
Saudi Pipeline Outage Threatens Loss Of 4% Of Global Oil Supply
News
September 13, 2026
From 
Reuters
 via 
gCaptain

Saudi Pipeline Outage Threatens Loss Of 4% Of Global Oil Supply

By Alex Lawler and Dmitry Zhdannikov LONDON, Sept 13 (Reuters) – Saudi Arabia will run out of oil stocks for exports if it doesn’t restart its major pipeline to the Red Sea within days,...
Trump Demands Ukraine Halt Refinery Strikes As Diesel Surges
News
September 13, 2026
From 
Bloomberg
 via 
gCaptain

Trump Demands Ukraine Halt Refinery Strikes As Diesel Surges

By Jennifer A. Dlouhy Sep 13, 2026, (Bloomberg) –President Donald Trump said he’d warned Ukrainian President Volodymyr Zelenskyy to stop targeting oil refineries in Russia amid strikes that have shut down...
California Gas Station With $9.99 Diesel Exemplifies Fuel Crisis
News
September 13, 2026
From 
Bloomberg
 via 
gCaptain

California Gas Station With $9.99 Diesel Exemplifies Fuel Crisis

By Will Kubzansky Sep 12, 2026 (Bloomberg) –At a fuel station in San Diego where diesel is retailing for $9.99 a gallon, Californians can take solace in at least this: in...