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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Hawaii Faces Rare Hurricane Strike Threatening Flooding Rain
News
August 15, 2026
From 
Bloomberg
 via 
gCaptain

Hawaii Faces Rare Hurricane Strike Threatening Flooding Rain

By Brian K. Sullivan Aug 15, 2026 (Bloomberg) –Pacific storm Lala strengthened into a hurricane as it edged closer to Hawaii’s Big Island, where it will make possible landfall on Saturday,...
Between Cartel Threats And US Airstrikes, Ecuador Fishermen Have Nowhere To Hide
News
August 15, 2026
From 
Reuters
 via 
gCaptain

Between Cartel Threats And US Airstrikes, Ecuador Fishermen Have Nowhere To Hide

By Alexandra Valencia and Yury Garcia JARAMIJO/SAN MATEO, Ecuador, August 15 (Reuters) – At first light on Ecuador’s Pacific coast, small fishing boats fan out from the villages of San Mateo and...
UAE Says Iran Attacked Another ADNOC Vessel In Hormuz
Shipping
August 15, 2026
From 
Reuters
 via 
gCaptain

UAE Says Iran Attacked Another ADNOC Vessel In Hormuz

CAIRO, Aug 15 (Reuters) – The United Arab Emirates said on Saturday Iran had attacked an Abu Dhabi National Oil Company vessel while it was transiting the Strait of Hormuz a day...
Hanwha, Fincantieri Shares Rise as Trump Opens Navy Shipbuilding to Foreign Yards
Shipbuilding
August 14, 2026
From 
Reuters
 via 
gCaptain

Hanwha, Fincantieri Shares Rise as Trump Opens Navy Shipbuilding to Foreign Yards

Shares of South Korea's Hanwha Group and Italy's Fincantieri rose on Friday after President Donald Trump's directive opening U.S. Navy shipbuilding to overseas yards.
Iranian Attacks Push Hormuz Shipping Toward Tehran-Controlled Route
News
August 14, 2026
From 
Mike Schuler
 via 
gCaptain

Iranian Attacks Push Hormuz Shipping Toward Tehran-Controlled Route

Iranian attacks on commercial shipping are pushing more vessels away from the U.S.-coordinated route through Omani waters and toward the northern, Tehran-controlled corridor through the Strait of Hormuz, according to...
Two Slicks Appear in Gulf as Huge Oil Spill Off Oman Threatens Disaster
News
August 14, 2026
From 
Reuters
 via 
gCaptain

Two Slicks Appear in Gulf as Huge Oil Spill Off Oman Threatens Disaster

Two slicks have appeared in Iranian waters, satellite imagery and video verified by Reuters show, as tit-for-tat attacks on oil tankers and other vessels by Iran and the United States spark concerns about environmental damage to the Gulf.

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Arctic Ice Damages Tanker as Russia Ramps Up Northern Sea Route Oil Shipments
News
August 13, 2026
From 
Malte Humpert
 via 
gCaptain

Arctic Ice Damages Tanker as Russia Ramps Up Northern Sea Route Oil Shipments

A tanker suffered serious damage to its hull while navigating through Arctic sea ice despite being assisted by an icebreaker, highlighting the risks facing vessels using Russia’s Northern Sea Route as Moscow rapidly expands oil shipments through the Arctic.
Maersk Raises Outlook for Second Time This Year After Second-Quarter Profit Surge
News
August 13, 2026
From 
Reuters
 via 
gCaptain

Maersk Raises Outlook for Second Time This Year After Second-Quarter Profit Surge

Danish shipping group Maersk MAERSKb.CO on Thursday smashed profit forecasts and raised its full-year earnings guidance for a second time this year as the Middle East conflict, port congestion and strong demand pushed freight rates higher.
IRS Rules Out Key Tax Exemption for Foreign Ships Using Jones Act Waiver
News
August 12, 2026
From 
Mike Schuler
 via 
gCaptain

IRS Rules Out Key Tax Exemption for Foreign Ships Using Jones Act Waiver

The Internal Revenue Service has issued new guidance clarifying that foreign shipping companies operating between U.S. ports under the Jones Act waiver cannot claim a longstanding tax exemption normally available...
Black Sea Oil Tanker Rates Surge to Record on Drones Barrage
Shipping
August 12, 2026
From 
Bloomberg
 via 
gCaptain

Black Sea Oil Tanker Rates Surge to Record on Drones Barrage

(Bloomberg) — Freight costs for oil tankers shipping crude from the Black Sea to the Mediterranean have risen to a record after a flurry of drone attacks, driving down prices...
Trump’s Third ‘Big Beautiful’ Gulf Lease Sale Draws $82.7 Million in High Bids
Offshore
August 12, 2026
From 
Mike Schuler
 via 
gCaptain

Trump’s Third ‘Big Beautiful’ Gulf Lease Sale Draws $82.7 Million in High Bids

The Trump administration’s third “Big Beautiful” offshore oil and gas lease sale generated $82.7 million in high bids Wednesday, marking a rebound from a weak March auction but remaining well...
Ukraine Halts Strikes on Tankers Using Russian Port at U.S. Request
News
August 12, 2026
From 
Reuters
 via 
gCaptain

Ukraine Halts Strikes on Tankers Using Russian Port at U.S. Request

Ukraine has paused drone strikes on oil tankers using Russia's Black Sea port of Novorossiysk after a request from U.S. Vice President JD Vance, the Financial Times said on Wednesday, citing Ukrainian officials.
UAE Shuttles Iraqi Oil Exports Through the Strait of Hormuz
Shipping
August 12, 2026
From 
Bloomberg
 via 
gCaptain

UAE Shuttles Iraqi Oil Exports Through the Strait of Hormuz

Abu Dhabi National Oil Co.’s trading arm is offering to shuttle exports of Iraqi oil through the Strait of Hormuz, using its dark-transit playbook to transport Basrah and other crude to refiners in Asia, according to people familiar with the matter.
Oil Spill From Grounded Shadow Fleet Tanker Could Rival Exxon Valdez
News
August 12, 2026
From 
Reuters
 via 
gCaptain

Oil Spill From Grounded Shadow Fleet Tanker Could Rival Exxon Valdez

A vast oil spill in the Gulf is quickly becoming one of the world’s worst in years after being allowed to spread almost unchecked for weeks, according to international agencies, satellite imagery and environmental groups.
IEA Warns Oil Market Risks Mount as Hormuz Disruptions Drain Inventories
News
August 12, 2026
From 
gCaptain
 via 
gCaptain

IEA Warns Oil Market Risks Mount as Hormuz Disruptions Drain Inventories

The International Energy Agency has again cut its outlook for global oil supply and demand as renewed fighting around the Strait of Hormuz disrupts Gulf exports, drains inventories and pushes...
Taiwan Condemns ‘Dangerous’ Planned Chinese Navy Drill with Indonesia to Its East
News
August 12, 2026
From 
Reuters
 via 
gCaptain

Taiwan Condemns ‘Dangerous’ Planned Chinese Navy Drill with Indonesia to Its East

Taiwan's government condemned planned Chinese navy drills with an Indonesian warship off its east coast, saying they were dangerous and showed Beijing was trying to create a false impression that it controls those waters.
Trump Claims Hormuz Control as US, Iran Harden Their Stances
News
August 12, 2026
From 
Bloomberg
 via 
gCaptain

Trump Claims Hormuz Control as US, Iran Harden Their Stances

President Donald Trump claimed the US had “total control over the Hormuz Strait,” as Washington and Tehran hardened their positions in deadlocked negotiations over the critical waterway.
Ship Pays $4 Million to Cut the Line at Panama Canal
News
August 11, 2026
From 
Bloomberg
 via 
gCaptain

Ship Pays $4 Million to Cut the Line at Panama Canal

By Lucia Kassai and Ruth Liao (Bloomberg) — A container ship paid $4 million to cut the line at the Panama Canal, where wait times are stretching more than a week,...