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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
Mike Schuler
via
gCaptain
Panama Canal to Cut Daily Transits as Optimistic Water Outlook Fades
The Panama Canal is cutting daily transit capacity and overhauling its auction system as below-expected rainfall puts renewed pressure on the waterway’s freshwater supplies, just months after officials said they...
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.
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From
Mike Schuler
via
gCaptain
Seaspan Advances Canadian Coast Guard’s Multi-Purpose Icebreaker Program, Eyes U.S. Contract
Seaspan Shipyards has completed a critical milestone in the Canadian Coast Guard’s ambitious Multi-Purpose Icebreakers (MPI) program, successfully concluding the Functional Design Review Meeting for the first six vessels in...
From
Mike Schuler
via
gCaptain
Titan Tragedy Spurs Sweeping Safety Overhaul: USCG Issues 17 Recommendations Following Fatal Implosion
The U.S. Coast Guard Marine Board of Investigation (MBI) has released its long-awaited Report of Investigation (ROI) into the catastrophic implosion of the Titan submersible, which killed five people during...
From
Mike Schuler
via
gCaptain
Red Sea Risk Widens as Houthis Vow to Target Carriers Tied to Israel
Carriers have been warned to proceed “with extreme caution” following the major widening of the Houthis’ sphere of attacks announced last week, with lines including Hapag-Lloyd, ONE, and Yang Ming, and CMA CGM all now in the firing line.
From
Mike Schuler
via
gCaptain
Bollinger Shipyards Secures Full Funding for Troubled Polar Security Cutter Program
The U.S. Coast Guard’s Polar Security Cutter (PSC) program has reached a pivotal milestone with the recent enactment of the “One Big Beautiful Bill Act,” which provides $4.3 billion for...
From
Mike Schuler
via
gCaptain
Coast Guard Investigation Reveals OceanGate Titan Tragedy Was Entirely “Preventable”
The U.S. Coast Guard Marine Board of Investigation (MBI) released its comprehensive 300-page Report of Investigation (ROI) on Tuesday detailing how the loss of the Titan submersible, which imploded during...
From
Bloomberg
via
gCaptain
Trump Says He Will Hike India’s Tariffs Over ‘Next 24 Hours’
President Donald Trump said he would raise tariffs on Indian goods “over the next 24 hours” in response to New Delhi’s continued purchases of Russian oil.
From
Bloomberg
via
gCaptain
Japan’s Defense Ambitions Boosted by Australia Navy Frigate Deal
Japan’s Mitsubishi Heavy Industries won a multi-billion dollar deal to build a fleet of advanced naval frigates for Australia, boosting Tokyo’s ambitions to become a major exporter of military equipment and develop its defense sector.
From
Mike Schuler
via
gCaptain
Hanwha Philly Shipyard Kicks Off Hull Assembly for First of Three New Matson Containerships
Hanwha Philly Shipyard, Inc. (HPSI) and Matson marked a significant milestone in American shipbuilding yesterday with the dock-mounting ceremony for the first of three new Aloha Class containerships. During the...
From
Mike Schuler
via
gCaptain
Coast Guard Aircrew Rescues Four from Sinking Tug in Remote Gulf of Alaska
The U.S. Coast Guard successfully rescued four people from the sinking 110-foot tug vessel Sea Ranger approximately 130 miles south of Cordova in the Gulf of Alaska on Friday. The...
From
Reuters
via
gCaptain
Trump Threatens to Raise Tariffs on Goods From India Over Russian Oil Purchases
Donald Trump said on Monday he will substantially raise tariffs on goods from India over its Russian oil purchases, while New Delhi said it would take measures to safeguard its interests and called its targeting by the U.S. president "unjustified."
From
Mike Schuler
via
gCaptain
Panama Intensifies Crackdown on Sanctioned Vessels with Registry Cancellations
The Panama Maritime Authority (AMP) has initiated proceedings to cancel the registration of 17 vessels recently placed on the U.S. Office of Foreign Assets Control (OFAC) sanctions list. The action...
From
Mike Schuler
via
gCaptain
DALI Owner Sues Hyundai Heavy Industries Over Francis Scott Key Bridge Collapse
The owner of the container ship M/V DALI has filed a lawsuit against Hyundai Heavy Industries, alleging that defects in the vessel’s switchboard system led to the catastrophic collision with...