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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
Canada’s Davie Sees US Shipyards as Key to Winning Icebreaker Contract
The owner of Canadian firm Davie Shipbuilding said on Wednesday that the key to winning a contract to build icebreakers for the United States is to develop local shipbuilding capacity there.
From
Mike Schuler
via
gCaptain
Davie Shipyard Begins Construction of Canada’s Flagship Polar Max Icebreaker
Davie shipyard has officially commenced construction on Canada’s flagship Polar Max icebreaker, marking a significant milestone in the country’s Arctic capabilities development. The steel cutting ceremony, held today in Lévis,...
From
Reuters
via
gCaptain
Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks
Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China.
From
Mike Schuler
via
gCaptain
Hurricane Erin Strengthens Near U.S. East Coast, Poses Significant Maritime Threat
Hurricane Erin has intensified to near-major hurricane strength with maximum sustained winds of 110 mph while moving northward through the western Atlantic, the National Hurricane Center reported Wednesday morning. The...
From
Mike Schuler
via
gCaptain
Fire Breaks Out on USS New Orleans Off Okinawa
A U.S. Navy amphibious transport dock ship, USS New Orleans (LPD-18), suffered a fire off the coast of Okinawa, Japan on Wednesday, prompting a coordinated international response from both U.S....
From
Mike Schuler
via
gCaptain
External Firefighters Join Marie Maersk Crew in Battle Against Container Fire Off West Africa
External firefighter crews have joined the Marie Maersk’s crew in actively combating a fire that broke out aboard the vessel one week ago, according to the latest update released today....
From
Bloomberg
via
gCaptain
India’s Nayara Turns to Dark Fleet and Russian Oil for Survival
One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running.
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From
Reuters
via
gCaptain
Greek Port Workers Jailed Pending Trial On Drug Smuggling Charges
ATHENS, July 25 (Reuters) – Six workers at Greece’s largest port Piraeus, arrested for allegedly participating in a gang smuggling cocaine hidden in shipping containers from Latin America, were jailed pending trial...
From
Bloomberg
via
gCaptain
Turkey’s Hunt For Energy And Influence Sparks Global Deal Drive
By Patrick Sykes and Anna Shiryaevskaya Jul 23, 2025 (Bloomberg) –From US natural gas to Southeast Asian oil and and uranium in Sub-Saharan Africa, Turkey is on a global hunt for...
From
Bloomberg
via
gCaptain
‘Unprecedented’ Ocean Heat Waves In 2023 Suggest Climate Tipping Point
By Danielle Bochove Jul 24, 2025 (Bloomberg) –The world’s oceans experienced a staggering amount of warming in 2023, as vast marine heat waves affected 96% of their surface, breaking records for intensity, longevity...
From
Reuters
via
gCaptain
Russia’s Lone Aircraft Carrier Likely to be Scrapped or Sold, Says Shipbuilding Chief
Russia's only aircraft carrier, the 40-year-old Admiral Kuznetsov, is likely to be sold or scrapped, the chairman of Russia's state shipbuilding corporation told the Kommersant newspaper in comments published on Friday.
From
Bloomberg
via
gCaptain
Australia, UK to Sign 50-Year Treaty for Nuclear Submarines
Australia and the UK will sign a landmark 50-year defense treaty on Saturday to underpin the construction of nuclear-powered submarines, senior ministers said following high-level talks in Sydney.
From
Mike Schuler
via
gCaptain
Critical Rudder Failure: Bulk Carrier Narrowly Avoids Grounding After Maintenance Error
A fully loaded bulk carrier narrowly avoided disaster when its rudder completely broke off during departure from a New Zealand port, highlighting critical failures in maintenance procedures that could have...
From
Bloomberg
via
gCaptain
Supertanker Hauling Saudi Diesel Heads to Fuel-Starved Europe
A supertanker carrying a cargo of diesel from the Middle East is en route to the fuel-starved European market, reflecting supply tightness in the region.
From
The Loadstar
via
gCaptain
Transpacific and Asia-Europe Spot Rates Soften Despite Looming GRIs
Spot container freight rates on the transpacific and Asia-Europe trades continued to soften this week, with no general rate increases (GRIs) or peak season surcharges (PSSs) to halt the slide.
From
Reuters
via
gCaptain
CK Hutchison Ports Deal Deadline Likely to be Extended as US-China Tensions Weigh
CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalized anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended.
From
Mike Schuler
via
gCaptain
Oil Production Resumes at Santa Ynez Unit After Decade-Long Shutdown Following Major California Spill
After nearly a decade of inactivity following one of California’s worst oil spills in recent history, production has resumed at the Santa Ynez Unit (SYU) in the Pacific. The restart...
From
Mike Schuler
via
gCaptain
Sri Lankan Court Orders $1 Billion Payment for X-Press Pearl Disaster
Sri Lanka’s highest court on Thursday ordered a Singaporean shipping firm to pay US$1 billion in damages for the island’s worst marine pollution caused by its sunken vessel. The Supreme...
From
Mike Schuler
via
gCaptain
Energy Giants Saipem and Subsea7 Announce $23 Billion Merger Deal
Saipem and Subsea7 have signed a binding merger agreement to create a global powerhouse in energy services. The resulting entity, to be named Saipem7, will combine the two companies’ complementary...