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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
U.S. Says Iran Loaded Naval Mines Amid Threat to Block Strait of Hormuz
The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up to blockade the Strait of Hormuz following Israel's strikes on sites across Iran, according to two U.S. officials.
From
Mike Schuler
via
gCaptain
Containership WAN HAI 503 Towed Beyond India’s EEZ After Deadly Fire
The Singapore-flagged containership MV WAN HAI 503 has been towed outside of India’s Exclusive Economic Zone and now sits approximately 130 nautical miles off the Kochi coast as salvage efforts continue following...
From
Mike Schuler
via
gCaptain
Indian Navy Battles Engine Room Fire on Tanker in Gulf of Oman
The Indian Navy stealth frigate INS Tabar has responded to a distress call from the Pulau-flagged tanker MT Yi Cheng 6 in the Gulf of Oman on Sunday after the...
From
Mike Schuler
via
gCaptain
HII Turns to AI to Revolutionize U.S. Naval Shipbuilding
America’s largest military shipbuilder HII and enterprise AI software company C3 AI have announced an expanded strategic partnership aimed at accelerating shipbuilding throughput through artificial intelligence implementation at HII’s Newport...
From
Bloomberg
via
gCaptain
Shell Launches Canada’s First LNG Exports to Feed Growing Asian Demand
(Bloomberg) — Shell Plc has started exports from Canada’s first liquefied natural gas project, helping to meet rising Asian demand and extending its position in the global LNG market. The first...
From
Reuters
via
gCaptain
Britain’s Crown Estate Reports Profit of 1.15B Pounds, Led by Offshore Wind
The Crown Estate, which manages King Charles' public property, reported an annual net profit of 1.15 billion pounds ($1.57 billion) on Tuesday, similar to the previous year, with offshore wind leases its biggest source of revenue.
From
Mike Schuler
via
gCaptain
Finland Implements Historic Ban on Ship Wastewater Discharges in Baltic Sea
Finland’s groundbreaking ban on sewage and open-circuit scrubber wastewater discharges in its territorial waters takes effect today, making it the first nation globally to implement such comprehensive wastewater regulations for...
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From
Reuters
via
gCaptain
UK to Expand Submarine Fleet in Shift to ‘Warfighting Readiness’
Britain will expand its nuclear-powered attack submarine fleet as part of a defense review to be published on Monday that is designed to prepare the country to fight a modern war and counter the threat from Russia.
From
Bloomberg
via
gCaptain
Billionaire Steve Cohen Wants NY To Expand Taxpayer-Backed Ferry
By Nacha Cattan May 30, 2025 (Bloomberg) –New Yorkers know that getting to LaGuardia airport and Citi Field in Queens from Manhattan has long been a logistical mess, with congested highways,...
From
Bloomberg
via
gCaptain
Southeast Asia Joins Europe’s Calls To Defend Subsea Cables
By Philip J. Heijmans and Alberto Nardelli Jun 1, 2025 (Bloomberg) –Defense officials from Europe and Southeast Asia called for stronger collaboration to protect the global network of subsea cables as...
From
Reuters
via
gCaptain
Trump Cuts Threaten Safety Training For Workers In America’s Most Dangerous Jobs
By Leah Douglas NEWBURYPORT, Massachusetts, May 31 (Reuters) – By the time Robbie Roberge spotted the fire consuming his boat’s galley last August, he knew he had just minutes to evacuate his...
From
Reuters
via
gCaptain
Nonprofit Ship Sets Sail For Gaza After Drone Attack Setback
CATANIA, June 1 (Reuters) – International nonprofit organization Freedom Flotilla Coalition (FFC) said one of its vessels left the Italian port of Catania on Sunday, heading for Gaza to deliver humanitarian aid, after a previous attempt...
From
Reuters
via
gCaptain
Ukraine Needs 500 Million Euros To Rebuild Critical Port Facilities Damaged By Russia
KYIV, May 30 (Reuters) – Ukraine needs an initial 500 million euros ($566 million) to rebuild the most important infrastructure facilities at its Black Sea ports destroyed by constant Russian missile and drone attacks,...
From
Bloomberg
via
gCaptain
US Navy To Field ‘Game-Changer’ Anti-Ship Tomahawk By September
By Tony Capaccio May 30, 2025 (Bloomberg) –The US Navy will start fielding an anti-ship version of its Tomahawk cruise missile on destroyers by late September in what the service’s readiness...
From
Reuters
via
gCaptain
Trump Administration Support Sparks Revival of Northeast Gas Pipelines
U.S. energy company Williams Cos WMB.N said on Thursday it was working with federal and state regulators to revive two previously canceled natural gas pipelines from Pennsylvania to New York.
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Modernizes Underwater Survey Guidelines to Boost Maritime Competitiveness
The U.S. Coast Guard has released a significant update to its underwater survey guidance for U.S.-flagged vessels, marking the first major revision since its introduction in 1989. The revised guidance,...
From
Mike Schuler
via
gCaptain
Transpacific Rates Soar as Carriers Push GRIs and U.S. Trade Policy Wavers
Container spot freight rates on the transpacific trade saw another week of double-digit gains, as carriers forced prices with the détente in the US-China trade war continuing.
From
Reuters
via
gCaptain
Court Battle Over Trump Tariffs Prolongs Shipper Uncertainty as Holiday Season Nears
Importer uncertainty ahead of the vital holiday ocean shipping season remains high, the executive director of the busiest port in the U.S. said on Thursday, as a court battle broke out over President Donald Trump's trade tariffs.
From
Bloomberg
via
gCaptain
Tariff Truce Keeps China-US Trade Flowing Across the Pacific
(Bloomberg) — The ceasefire in the tariff fight between the world’s two largest economies is encouraging trade across the Pacific, holding up freight prices three weeks on, even as container...