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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
Eastern Shipbuilding Cleared to Build New Hybrid Ferries for Washington State
Eastern Shipbuilding Group has received the Notice to Proceed from Washington State Ferries (WSF) to build two new 160-vehicle hybrid-electric ferries for the State of Washington, with an option for...
From
Bloomberg
via
gCaptain
CK Hutchison Rules Out Ports Deal Being Completed This Year
(Bloomberg) — CK Hutchison Holdings Ltd. ruled out the likelihood of the controversial sale of its global ports to a BlackRock Inc.-backed consortium being completed this year but stayed optimistic...
From
Bloomberg
via
gCaptain
US-Sanctioned Russian LNG Heads to Asia in Search for Buyers
Several liquefied natural gas tankers are heading to Asia from a Russian export facility sanctioned by the US, potentially testing Washington’s resolve to crack down on the trade amid high-level talks over the war in Ukraine.
From
Mike Schuler
via
gCaptain
Hurricane Erin Re-Intensifies to Category 4, Threatens Shipping Lanes in Western Atlantic
Hurricane Erin has once again strengthened into a dangerous Category 4 storm with maximum sustained winds of 140 mph as it moves through the western Atlantic, prompting warnings for maritime...
From
Mike Schuler
via
gCaptain
Xeneta Acquires eeSea to Strengthen Maritime Supply Chain Intelligence Offerings
Norwegian freight data company Xeneta AS has acquired Copenhagen-based maritime intelligence firm eeSea, creating a combined platform that will enable customers to evaluate containerized freight based on both cost and...
From
Capital Link
via
gCaptain
Safe Bulkers Positions for Recovery with $650M Fleet Renewal Strategy
In a recent Capital Link’s Trending News Webinar Series presentation, Safe Bulkers Inc. (NYSE: SB) President Dr. Loukas Barmparis outlined the company’s strategic approach to navigating the volatile dry bulk...
From
Malte Humpert
via
gCaptain
US Coast Guard Sends C-130J on Extensive Arctic Patrol to Monitor Five Chinese Research Vessels Off Alaska
The U.S. continues to monitor extensive Chinese activity in the Arctic waters off the coast of Alaska just outside the Exclusive Economic Zone. Coast Guard Arctic District deployed a C-130J Hercules fixed wing aircraft from Air Station Kodiak on August 13 to overfly the vessels.
From
Mike Schuler
via
gCaptain
Fire Contained on Maersk Triple-E Vessel Off African Coast as Firefighting Efforts Intensify
Danish shipping company Maersk MAERSKb.CO said on Monday that a fire that broke out onboard the vessel Marie Maersk off Liberia on Wednesday last week had stopped spreading, and that firefighting efforts would be intensified further.
From
Malte Humpert
via
gCaptain
US Coast Guard Sends C-130J on Extensive Arctic Patrol to Monitor Five Chinese Research Vessels Off Alaska
The U.S. continues to monitor extensive Chinese activity in the Arctic waters off the coast of Alaska just outside the Exclusive Economic Zone. Coast Guard Arctic District deployed a C-130J Hercules fixed wing aircraft from Air Station Kodiak on August 13 to overfly the vessels.
From
Malte Humpert
via
gCaptain
From Alaska With Love: Russia’s Shadow LNG Fleet Set Sail for China As Trump-Putin Summit Unfolded
Five sanctioned LNG carriers, part of Russia’s shadow fleet, got underway as the Trump-Putin meeting took place in Alaska, or changed course in the hours that followed.
From
Reuters
via
gCaptain
More Than 40 Missing In Nigeria Boat Accident
LAGOS, Aug 17 (Reuters) – More than 40 people were missing in a boat accident in Nigeria after a boat conveying 50 persons to a popular market in northwest Sokoto State capsized on Sunday, the country’s...
From
Reuters
via
gCaptain
Germany Condemns China’s ‘Aggressive Behaviour’ In South China Sea
BERLIN, Aug 17 (Reuters) – Germany’s foreign minister on Sunday criticised what he called the “aggressive behaviour” of China in the Taiwan Strait ahead of a trip to Japan and Indonesia, and stressed the...