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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
Reuters
via
gCaptain
The US Navy is Building a Drone Fleet to Take on China. It’s Not Going Well.
During a U.S. naval test off the California coast last month, which was designed to showcase the Pentagon’s top autonomous drone boats, one vessel stalled unexpectedly.
From
Mike Schuler
via
gCaptain
Trump Administration Unveils Massive Offshore Leasing Program Under One Big Beautiful Bill
The Department of the Interior has announced a comprehensive schedule for offshore oil and gas lease sales in the “Gulf of America” and Alaska’s Cook Inlet, following directives from the...
From
Mike Schuler
via
gCaptain
Golden Ocean Shareholders Approve Merger with CMB.TECH, Creating Maritime Giant
Shareholders of Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) have approved the stock-for-stock merger with CMB.TECH at a Special General Meeting held today in Hamilton, Bermuda....
From
The Loadstar
via
gCaptain
Shippers File Fresh Federal Maritime Commission Complaints
More shippers have lodged complaints with the US Federal Maritime Commission (FMC), with DB Schenker USA and Wallenius Wilhelmsen (WW) the latest operators ‘in the dock’.
From
Mike Schuler
via
gCaptain
Baltimore Port’s Main Shipping Channel Remains Closed Following Bulker Explosion
The U.S. Coast Guard and local partners are responding to an explosion aboard the 751-foot merchant vessel W-Sapphire in Baltimore Harbor, which has forced the closure of the Fort McHenry...
From
Mike Schuler
via
gCaptain
Marine Insurers Urged to Address Modern Slavery Risks in Global Maritime Supply Chains
The International Union of Marine Insurance (IUMI) has called for marine insurers to heighten their awareness of modern slavery and forced labor risks throughout maritime and global supply chains amid...
From
Mike Schuler
via
gCaptain
Methanol and Ammonia Now “Ready” as Zero-Emission Shipping Fuels, Industry Report Finds
Both methanol and ammonia have transitioned from theoretical solutions to practical reality as zero-emission shipping fuels, according to a new report released by the Global Maritime Forum’s Getting to Zero...
From
Reuters
via
gCaptain
U.S. Treasury Chief Bessent Accuses India of Profiteering on Russian Oil Purchases
WASHINGTON, Aug 19 (Reuters) – U.S. Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases of Russian oil during the war in Ukraine, saying Washington viewed the situation as unacceptable. Bessent told...
From
Reuters
via
gCaptain
U.S. Deploys Warships Near Venezuela to Combat Drug Threats
Three U.S. Aegis guided-missile destroyers will arrive off the coast of Venezuela in the next 36 hours as part of an effort to address threats from Latin American drug cartels, two sources briefed on the matter said on Monday.
From
Mike Schuler
via
gCaptain
Hurricane Erin Threatens Atlantic Shipping Routes with Massive 16-Meter Waves
Hurricane Erin is generating dangerous sea conditions across the western Atlantic with forecasted significant wave heights reaching extreme levels as the storm moves between the U.S. East Coast and Bermuda....
From
Mike Schuler
via
gCaptain
Baltimore Port’s Main Shipping Channel Remains Closed Following Bulker Explosion
The U.S. Coast Guard and local partners are continuing to respond to an explosion aboard the 751-foot merchant vessel W-Sapphire in Baltimore Harbor, which has forced the closure of the...
From
John Konrad
via
gCaptain
Coal Blast Rocks Bulk Carrier Off Baltimore
A Liberian-flagged coal carrier erupted in an explosion on Monday while transiting the Patapsco River near the demolition site of Baltimore’s Francis Scott Key Bridge. The 751-foot W Sapphire, which had...