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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
U.S. Targets Iranian Shipping Empire in Largest Sanctions Crackdown Since 2018
Son of Iran’s Supreme Leader Advisor Ran Vast Sanctions-Evasion Fleet, U.S. Says The U.S. Department of the Treasury has taken action against a sophisticated shipping empire that has been transporting...
From
Mike Schuler
via
gCaptain
Canada Designates First Four Offshore Wind Areas in Historic Clean Energy Push
The Government of Canada and Nova Scotia have jointly designated the country’s first four offshore wind energy areas, marking a significant milestone in Canada’s renewable energy development. The designated areas...
From
Mike Schuler
via
gCaptain
First International Ready for Recycling Certificate Issued Under Hong Kong Convention
GMS and the Liberian Registry have announced the landmark issuance of the world’s first International Ready for Recycling Certificate (IRRC) since last month’s entry into force of the Hong Kong...
From
Mike Schuler
via
gCaptain
Arctic Shipping’s Black Carbon Crisis Demands Immediate Action, New Report Says
A new report released today by Pacific Environment highlights the urgent need to address black carbon emissions from increasing Arctic shipping traffic. Maritime traffic in Arctic waters has seen a...
From
Mike Schuler
via
gCaptain
MARAD Awards $6.2 Billion in Contracts to Strengthen U.S. Strategic Sealift Capability
The U.S. Maritime Administration (MARAD) has taken a significant step to enhance America’s military sealift capabilities by awarding $6.2 billion in contracts to manage its Ready Reserve Force (RRF) fleet....
From
Mike Schuler
via
gCaptain
Seatrium Reaches $183 Million Settlement in Brazil’s Operation Car Wash Probe
Singapore-based Seatrium Limited, formerly known as Sembcorp Marine, has signed a leniency agreement with Brazilian authorities and a deferred prosecution agreement (DPA) with Singapore authorities in connection with the sprawling...
From
Mike Schuler
via
gCaptain
Scorpio Tankers Tests World’s First Shipboard Centrifugal Carbon Capture System
Carbon Ridge has successfully deployed shipping’s first centrifugal onboard carbon capture system (OCCS) aboard an LR2 product tanker owned by Scorpio Tankers, marking a significant breakthrough for maritime decarbonization efforts....
From
Bloomberg
via
gCaptain
Trump Hits Indian Imports With 25% Tariff Starting Aug. 1
President Donald Trump said he would impose a tariff rate of 25% on India starting on Aug. 1 and suggested he would add an additional penalty over the country’s energy purchases from Russia.
From
Mike Schuler
via
gCaptain
NSF Plans to Retire Research Icebreaker Nathaniel B. Palmer
The National Science Foundation (NSF) intends to terminate the lease of the research icebreaker Nathaniel B. Palmer in fiscal year 2026, according to the NSF’s budget request to Congress. The decision comes...
From
Mike Schuler
via
gCaptain
Tow Pilot’s Overcompensation Leads to $3.28 Million Mississippi River Bridge Strike
An experienced tow pilot’s anticipation of river conditions that never materialized led to a costly accident on the Mississippi River, according to a National Transportation Safety Board (NTSB) report released...
From
Mike Schuler
via
gCaptain
Savannah Posts Second-Busiest Year Ever as Georgia Ports Outpace U.S. Growth
The Georgia Ports Authority (GPA) handled 5.7 million twenty-foot equivalent container units (TEUs) in fiscal year 2025, marking an 8.6 percent increase from the previous year. The performance represents the...
From
Mike Schuler
via
gCaptain
U.S. Trade Deals Offer Little Relief for Struggling Container Market
Recent trade agreements between the U.S. and key trading partners are failing to revitalize the struggling ocean container shipping market, according to the latest analysis from Xeneta released today. Data...