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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
Bloomberg
via
gCaptain
Russia’s Ust-Luga Port Orders Vessel Checks After Mystery Blasts
By Bloomberg News Jul 24, 2025 (Bloomberg) –-Ust-Luga, Russia’s largest port in the Baltic Sea, is insisting that ships’ hulls are inspected before the vessels are allowed to enter the facility,...
From
Reuters
via
gCaptain
Greek Port Workers Jailed Pending Trial On Drug Smuggling Charges
ATHENS, July 25 (Reuters) – Six workers at Greece’s largest port Piraeus, arrested for allegedly participating in a gang smuggling cocaine hidden in shipping containers from Latin America, were jailed pending trial...
From
Bloomberg
via
gCaptain
Turkey’s Hunt For Energy And Influence Sparks Global Deal Drive
By Patrick Sykes and Anna Shiryaevskaya Jul 23, 2025 (Bloomberg) –From US natural gas to Southeast Asian oil and and uranium in Sub-Saharan Africa, Turkey is on a global hunt for...
From
Bloomberg
via
gCaptain
‘Unprecedented’ Ocean Heat Waves In 2023 Suggest Climate Tipping Point
By Danielle Bochove Jul 24, 2025 (Bloomberg) –The world’s oceans experienced a staggering amount of warming in 2023, as vast marine heat waves affected 96% of their surface, breaking records for intensity, longevity...
From
Reuters
via
gCaptain
Russia’s Lone Aircraft Carrier Likely to be Scrapped or Sold, Says Shipbuilding Chief
Russia's only aircraft carrier, the 40-year-old Admiral Kuznetsov, is likely to be sold or scrapped, the chairman of Russia's state shipbuilding corporation told the Kommersant newspaper in comments published on Friday.
From
Bloomberg
via
gCaptain
Australia, UK to Sign 50-Year Treaty for Nuclear Submarines
Australia and the UK will sign a landmark 50-year defense treaty on Saturday to underpin the construction of nuclear-powered submarines, senior ministers said following high-level talks in Sydney.
From
Mike Schuler
via
gCaptain
Critical Rudder Failure: Bulk Carrier Narrowly Avoids Grounding After Maintenance Error
A fully loaded bulk carrier narrowly avoided disaster when its rudder completely broke off during departure from a New Zealand port, highlighting critical failures in maintenance procedures that could have...
From
Bloomberg
via
gCaptain
Supertanker Hauling Saudi Diesel Heads to Fuel-Starved Europe
A supertanker carrying a cargo of diesel from the Middle East is en route to the fuel-starved European market, reflecting supply tightness in the region.
From
The Loadstar
via
gCaptain
Transpacific and Asia-Europe Spot Rates Soften Despite Looming GRIs
Spot container freight rates on the transpacific and Asia-Europe trades continued to soften this week, with no general rate increases (GRIs) or peak season surcharges (PSSs) to halt the slide.
From
Reuters
via
gCaptain
CK Hutchison Ports Deal Deadline Likely to be Extended as US-China Tensions Weigh
CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalized anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended.
From
Mike Schuler
via
gCaptain
Oil Production Resumes at Santa Ynez Unit After Decade-Long Shutdown Following Major California Spill
After nearly a decade of inactivity following one of California’s worst oil spills in recent history, production has resumed at the Santa Ynez Unit (SYU) in the Pacific. The restart...
From
Mike Schuler
via
gCaptain
Sri Lankan Court Orders $1 Billion Payment for X-Press Pearl Disaster
Sri Lanka’s highest court on Thursday ordered a Singaporean shipping firm to pay US$1 billion in damages for the island’s worst marine pollution caused by its sunken vessel. The Supreme...