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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
Malte Humpert
via
gCaptain
‘Thamesborg’ Completes Arctic Northwest Passage After Last Year’s Grounding
Dutch general cargo vessel Thamesborg has safely completed its first transit of Canada’s Northwest Passage since running aground on an uncharted shoal in the route last year, with the vessel passing within a few nautical miles of the site of the accident.
From
Reuters
via
gCaptain
Tankers Stack Up as Venezuela Sells Oil Faster Than Its Ports Can Handle
Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of aging infrastructure, power outages and quality issues, according to shipping data, sources and documents.
From
Bloomberg
via
gCaptain
Soaring Panama Canal Fees Drive a Nascent LPG Shuttle Trade
Exporters including Chevron Corp. are turning to ship-to-ship transfers to send liquefied petroleum gas from the US to Asia, an apparent change in strategy that comes as users of the Panama Canal grapple with congestion and record transit fees.
From
Reuters
via
gCaptain
US Will Impose ‘Toughest Sanctions in History’ on Iran, Bessent Says
The U.S. will impose "the toughest sanctions in history" on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested would lessen the need for new major military operations against Tehran.
From
Reuters
via
gCaptain
Norway Boosts Defense Footprint with Expansion of Arctic Brigade
Norway expanded on Thursday a recently created military brigade headquartered in the Arctic, the latest move by a NATO nation to boost its defense footprint in the wake of the Ukraine war.
From
Bloomberg
via
gCaptain
Trump Threatens Economic Isolation for Iran and Its Trading Partners
US President Donald Trump threatened Iran and its trading partners with economic isolation after months of military strikes and a maritime blockade failed to force Tehran to capitulate.
From
Bloomberg
via
gCaptain
Soaring Panama Canal Fees Drive a Nascent LPG Shuttle Trade
Exporters including Chevron Corp. are turning to ship-to-ship transfers to send liquefied petroleum gas from the US to Asia, an apparent change in strategy that comes as users of the Panama Canal grapple with congestion and record transit fees.
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From
Mike Schuler
via
gCaptain
The First 36 Hours: Strait of Hormuz Becomes a War Zone, Tankers Hit, Shipping Giants Halt Gulf Transits
The world’s most vital energy artery is under siege. Following coordinated U.S. and Israeli strikes that killed Iran’s Supreme Leader Ayatollah Ali Khamenei and top military commanders, the Strait of...
From
Nick Ehrenberg
via
Barchart
Short Term Trend Turns Positive In Corn
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Mike Schuler
via
gCaptain
Belgium Seizes Russian Shadow Fleet Tanker Linked to Iran
Belgian forces have boarded and seized the shadow fleet tanker Ethera in the North Sea, escorting the vessel to the port of Zeebrugge in what officials describe as a coordinated European sanctions...
From
Mike Schuler
via
gCaptain
Operation Epic Fury: Iranian Corvette Sunk as U.S. Reports First Fatalities in Widening Conflict
U.S. Central Command has confirmed the sinking of an Iranian Jamaran-class corvette at a pier in Chah Bahar during the opening hours of Operation Epic Fury, as American forces sustained their first combat losses in the rapidly escalating conflict.
From
Paul Morgan
via
gCaptain
Chokepoints Under Pressure: When Geography and Conflict Strain the Arteries of Global Trade
There are moments when geopolitics feels distant from daily life. This is not one of them. By Paul Morgan (gCaptain) – With confirmed US–Israeli strikes on Iran, renewed Houthi threat...
From
Bloomberg
via
gCaptain
What’s at Stake for Oil Markets after Iran Strikes?
Trump's strikes on Iran threaten the Strait of Hormuz, a critical chokepoint for 20% of global oil supply. Traffic has dropped sharply as Iran's 3.3M barrel daily production and regional exports face disruption.
From
Reuters
via
gCaptain
Oil Tanker Skylight Hit Off Oman Coast, Injuring Four Crew Members
A U.S.-sanctioned oil tanker was attacked off Oman's coast near the Strait of Hormuz, injuring four crew members. The strike marks the first attack on Oman targets amid escalating Iran-Gulf state tensions.
From
Reuters
via
gCaptain
At Least 150 Oil and Gas Tankers Drop Anchor in Gulf Waters After Strikes on Iran
At least 150 tankers dropped anchor in Gulf waters after U.S.-Israel strikes on Iran, with Tehran threatening to close the Strait of Hormuz—a chokepoint for 20% of global oil supplies. U.S. Navy warns of increased naval presence and congestion.
From
Lori Ann LaRocco
via
gCaptain
Tankers Diverting Strait of Hormuz Region as U.S./ Israel Strikes on Iran Intensify
Tankers Vessel tracking data show the magnitude in the amount of trade trying to safely navigate around the U.S./Israel strikes on Iran and Iran’s retaliation.
From
Bloomberg
via
gCaptain
Do Gulf Allies Have Enough Interceptors to Defend Their Ports and Cities?
US and Gulf allies face critical missile interceptor shortages as Iran launches sustained strikes. Stocks could run dry within days while Iran maintains thousands of missiles in reserve, raising questions about who can outlast whom.
From
Brady Sidwell
via
Barchart
Funds buy commodities amid tensions while cattle rally stalls
US & Israel attack Iran overnight
From
Bloomberg
via
gCaptain
Iran Radio Broadcast Bans Hormuz Strait Transits After US-Israel Strikes
Oil and gas tankers are avoiding the Strait of Hormuz after ships received radio broadcasts purporting to ban transit following US-Israel strikes on Iran. A fifth of the world's seaborne oil and LNG moves through the strait daily.