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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
Reuters
via
gCaptain
Russia Sends Nuclear Warning to NATO as Tensions Rise in the Baltic
Russia has warned NATO it would be ready to resort to nuclear weapons if the Western alliance attempted to cut off Kaliningrad, a Russian exclave that borders the Baltic Sea.
From
Bloomberg
via
gCaptain
Ships Face Fuel Delays at China’s Zhoushan on Supply Squeeze
Ships are being forced to wait significantly longer to refuel at China’s top bunkering hub of Zhoushan, where the fallout from the US-Iran war has tightened supplies and pushed up prices.
From
Mike Schuler
via
gCaptain
Three More Tanker Attacks Surface in Delayed Hormuz Reports
Three more attacks on tankers in the Strait of Hormuz have surfaced through delayed reports from UK Maritime Trade Operations, adding to growing uncertainty over how quickly incidents in the...
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.
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.
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...
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...
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From
Reuters
via
gCaptain
Iran and US Hit Tankers in Biggest Wave of Attacks on Shipping Since War Began
Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, in the biggest declared wave of tit-for-tat attacks on shipping by both sides since the start of the six-month-old war.
From
Mike Schuler
via
gCaptain
U.S. Destroys Five More IRGC Tankers After Iran Targets Navy Warship
U.S. forces destroyed five Iranian crude oil tankers Tuesday after the Islamic Revolutionary Guard Corps targeted a U.S. Navy warship with ballistic missiles twice over the past two days, according...
From
Mike Schuler
via
gCaptain
U.S. Adds 16 Maritime Training Centers Amid Shipbuilding Push
The U.S. Maritime Administration has designated 16 additional maritime training institutions as Centers of Excellence, expanding a federal program aimed at building the nation’s maritime and shipbuilding industries workforce. The...
From
Mike Schuler
via
gCaptain
Samsung Hits CMA CGM With $186 Million Shipping Complaint
Samsung Electronics America is seeking at least $186 million from CMA CGM in a new complaint before the Federal Maritime Commission, accusing the French shipping giant of sticking it with...
From
Mike Schuler
via
gCaptain
Europe’s Largest Carbon Capture Facility Opens, Sending CO2 by Ship to North Sea Storage
Europe’s largest industrial carbon capture facility has officially opened at Yara’s ammonia and fertilizer complex in Sluiskil, the Netherlands, creating a new cross-border CO2 supply chain that will rely on...
From
Bloomberg
via
gCaptain
Suez Canal Revival Gathers Pace as Hormuz Crisis Reroutes Ships
Suez Canal revenue rose 42% in July from the year earlier, as the Iran war’s effective closure of the Strait of Hormuz and Houthi threats in the southern Red Sea led more ships to use the Egyptian waterway.
From
Bloomberg
via
gCaptain
Oil Tanker Company Says It’s Owed $55 Million in Rate Dispute
Oil tanker company Hunter Group ASA says it’s owed $55 million by a counterparty that’s disputing its contractual obligations after a surge in the world’s benchmark freight rate.
From
Mike Schuler
via
gCaptain
MSC Shipmanagement Fined $1.75 Million Over Illegal Oily Waste Discharges
MSC Shipmanagement Limited and the owner of the containership MSC Samira III have been ordered to pay a combined $1.75 million fine after pleading guilty to concealing illegal discharges of oily waste...
From
Reuters
via
gCaptain
Russia’s Arctic LNG 2 Seeks $1 Billion in Damages From South Korea’s Hanwha
Arctic LNG 2, a liquefied natural gas project led by Russia's Novatek NVTK.MM, is seeking about $1 billion in damages from South Korean shipbuilder Hanwha Ocean over canceled tanker construction contracts, according to a disclosure by Hanwha.
From
Bloomberg
via
gCaptain
Europe Gas Hits Three-Year High as Traders Race to Fill Storage
European natural gas prices hit a fresh three-year high as traders race to fill fuel storage facilities ahead of winter, while awaiting details of an Iran-Oman deal on shipping through the Strait of Hormuz.
From
Mike Schuler
via
gCaptain
New Panama Canal Chief Takes Office With Water, Expansion Projects in Focus
Ilya Espino de Marotta took office Monday as Administrator of the Panama Canal, becoming the first woman to lead the waterway as it confronts renewed water concerns and moves ahead...
From
Mike Schuler
via
gCaptain
Maersk to Test Rotor Sail on Containership in Industry First
A.P. Moller-Maersk is preparing to test wind-assisted propulsion on one of its containerships, with plans to install a large Rotor Sail on an 8,700-TEU vessel next year. UK-based Anemoi Marine...