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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
Bloomberg
via
gCaptain
Hurricane Erin Surges To Category Five, First Of 2025 Atlantic Season
By Brian K. Sullivan Aug 16, 2025 (Bloomberg) –Hurricane Erin strengthened on Saturday into a “catastrophic” Category 5 hurricane north of the Caribbean islands, reaching the top of the five-step, Saffir-Simpson...
From
Reuters
via
gCaptain
US Mulled Use Of Russia Icebreakers For Gas Development Ahead Of Summit
By Marwa Rashad and Anna Hirtenstein LONDON, Aug 15 (Reuters) – The United States has had internal discussions on using Russian nuclear-powered icebreaker vessels to support the development of gas and LNG projects...
From
Bloomberg
via
gCaptain
Orsted ‘Surprise’ Credit Downgrade Caps Worst Week on Record
Orsted A/S’s debt was downgraded by S&P Global Ratings to the lowest tier of investment grade, surprising some analysts days after the Danish wind turbine maker announced a $9 billion rights offering to shore up its finances.
From
Bloomberg
via
gCaptain
Chinese LNG Buyers Snap Up Imports as Prices Fall to Refill Storage
China’s liquefied natural gas buyers are boosting imports as falling prices and the need to replenish inventories end months of sluggish deliveries.
From
Reuters
via
gCaptain
Panama Canal to Launch Tender for Construction, Operation of Two Ports
The Panama Canal will soon begin consultations with companies about launching a competitive tender in the first quarter of next year offering two new ports for construction and operation within its zone, a source involved in the preparations said on Thursday.
From
The Loadstar
via
gCaptain
Muted Peak Season Hopes as Tariffs, Overcapacity Weigh on Ocean Carriers
On the ocean freight rates front, it was more of the same this week; a slowdown in the speed of decline seemingly the best carriers can hope for – although The Loadstar was able to find one voice suggesting the prospect of some form of “peak” still lingered.
From
Mike Schuler
via
gCaptain
X-Press Feeders Blasts ‘Extraordinary’ Sri Lanka Court Ruling Over X-Press Pearl Disaster
X-Press Feeders, former operator of the container ship X-Press Pearl, has issued a strong statement challenging a recent Sri Lankan Supreme Court ruling that orders the company to pay an...
From
Bloomberg
via
gCaptain
China, Philippines Trade Blame Over Collision in Contested Sea
China and the Philippines are trading blame over an incident earlier this week in which two Chinese ships collided in the South China Sea, where both nations have competing territorial claims.
From
Reuters
via
gCaptain
Ukraine Reports Strikes on Russian Oil Refinery, Caspian Port Hub
Ukraine struck the Syzran oil refinery in Russia's Samara region in an overnight attack and also hit a Caspian Sea port and cargo vessel used to transport military supplies from Iran to Russia the previous day, Kyiv said on Friday.
From
Mike Schuler
via
gCaptain
Fire Reported on Maersk Triple-E Off West Africa
A fire broke out aboard the Marie Maersk off the coast of Liberia on Wednesday, with the crew still fighting to control the blaze a day later, according to Maersk....
From
Mike Schuler
via
gCaptain
Tropical Storm Erin Strengthens: Coast Guard Sets Port Condition X-RAY for Puerto Rico and USVI
The U.S. Coast Guard has issued Port Condition X-RAY for all seaports in Puerto Rico and the U.S. Virgin Islands as Tropical Storm Erin gains strength in the Central Atlantic...
From
Reuters
via
gCaptain
Romania Pushes NATO to Step Up Black Sea Mine Task Force
BUCHAREST, Aug 14 (Reuters) – NATO allies Romania, Bulgaria and Turkey should expand a joint task force that clears mines floating in the Black Sea to include patrols to protect energy facilities and...