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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
BP Makes Biggest Oil Discovery in 25 Years Offshore Brazil
BP has announced a significant oil and gas discovery at the Bumerangue prospect in deepwater offshore Brazil, marking the company’s largest discovery in 25 years. The exploration well, designated 1-BP-13-SPS,...
From
Mike Schuler
via
gCaptain
Tokyo and Paris MoUs Launch Joint Inspection Campaign on Ballast Water Management
The member Authorities of the Tokyo and Paris Memoranda of Understanding (MoU) on Port State Control will conduct a joint Concentrated Inspection Campaign (CIC) on Ballast Water Management. The three-month...
From
Mike Schuler
via
gCaptain
U.S. Navy Launches Program to Revolutionize Unmanned Surface Fleet
WASHINGTON, D.C. — The U.S. Navy has issued a solicitation seeking industry input for its new Modular Attack Surface Craft (MASC) program. The initiative calls for industry partners to submit...
From
Mike Schuler
via
gCaptain
Third Child Dies Following Miami Sailboat-Barge Collision as Investigation Continues
MIAMI – U.S. Coast Guard officials announced today the death of a 10-year-old child who had been in critical condition at Jackson Memorial Hospital following a vessel collision near Hibiscus...
From
Malte Humpert
via
gCaptain
Chinese Companies Dispatch Multiple Container Ships Along Arctic Route For Faster Europe Trade
With summer navigation season in the Arctic ramping up, several Chinese companies have dispatched container ships through the Arctic aiming to take advantage of the shortcut to and from Europe.
From
Reuters
via
gCaptain
Philippines, India Hold First Joint Sail in South China Sea
The Philippine and Indian navies have sailed together for the first time in the South China Sea, officials said on Monday, as President Ferdinand Marcos left Manila for New Delhi for a state visit.
From
Bloomberg
via
gCaptain
Tankers Deliver Russian Crude to India Despite US, EU Pressure
At least four tankers discharged millions of barrels of Russian crude at Indian refineries at the weekend, a sign the closely scrutinized deliveries are continuing as normal, even as the US ramps up pressure on the South Asian country to stop purchases.
From
Reuters
via
gCaptain
At Least 54 Die As Boat Sinks Off Yemen, Dozens Missing
ADEN, Aug 3 (Reuters) – At least 54 died when a boat carrying around 150 people sank off Yemen’s coast in bad weather on Sunday, with dozens still unaccounted for, health officials said....
From
Reuters
via
gCaptain
Russia Cancels Tsunami Warning After Dormant Volcano Erupts
Aug 3 (Reuters) – Russia’s Ministry for Emergency Services lifted a tsunami warning for the Kamchatka Peninsula on Sunday after a 7.0 magnitude earthquake hit the nearby Kuril Islands. The ministry had...
From
Reuters
via
gCaptain
Russian and Chinese Navies Carry Out Drills In Sea Of Japan
MOSCOW, Aug 3 (Reuters) – The Russian and Chinese navies are carrying out artillery and anti-submarine drills in the Sea of Japan as part of scheduled joint exercises, the Russian Pacific Fleet...
From
Reuters
via
gCaptain
India To Maintain Russian Oil Imports Despite Trump Threats
NEW DELHI, Aug 2 (Reuters) – India will keep purchasing oil from Russia despite U.S. President Donald Trump’s threats of penalties, two Indian government sources told Reuters on Saturday, not wishing to be identified due to...
From
Bloomberg
via
gCaptain
Shipping Tycoon Aponte’s TiL Gets $2.5 Billion In Private Debt
By Kat Hidalgo and Silas Brown Aug 1, 2025 (Bloomberg) –Terminal Investment Ltd., the port operator controlled by Italian billionaire Gianluigi Aponte, raised $2.5 billion through a privately-placed bond sale. The...