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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
Trump’s Vietnam Deal Shows China Tariffs Won’t Fall Much Further
President Donald Trump’s new trade deal with Vietnam sends a clear signal about where US tariffs on Chinese goods might ultimately land, as talks between Washington and Beijing continue following their recent truce.
From
The Loadstar
via
gCaptain
Asia-Europe Container Rates Overtake Transpacific for First Time in 2025
By Gavin van Marle (The Loadstar) – For the first time since the beginning of this year it is now more expensive to ship a 40ft container from Asia to North...
From
Reuters
via
gCaptain
Chinese Captain in Baltic Sea Cable Damage Case Appears in Hong Kong Court
HONG KONG, July 4 (Reuters) – The captain of a Hong Kong-registered ship alleged to have damaged undersea cables in the Baltic Sea was assigned a lawyer in a Hong Kong court...
From
Malte Humpert
via
gCaptain
Trump Bill Secures $9 Billion for U.S. Arctic Surge, Six New Icebreakers to Counter Russian and Chinese Dominance
President Trump’s vast tax and spending bill has secured funds the U.S. Coast Guard has been searching for since the early 2010s. The “One Big Beautiful Bill Act” appropriates close to $9 billion for the expansion of the Coast Guard’s Arctic icebreaker fleet.
From
Reuters
via
gCaptain
Russian Navy Deputy Commander Lauded by Putin is Killed by Ukraine, Says Moscow
Major General Mikhail Gudkov, deputy head of the Russian Navy who was praised and promoted by President Vladimir Putin, has been killed in action, depriving Moscow of one of its most senior officers, the Russian military said on Thursday.
From
Mike Schuler
via
gCaptain
Asleep at the Helm: Fatigue Blamed in Prawn Boat Sinking
The UK Marine Accident Investigation Branch (MAIB) has published its investigation report into the November 2023 grounding and subsequent total loss of the prawn trawler Sustain (UL 45) at Loch Broom, Scotland....
From
Mike Schuler
via
gCaptain
NTSB Underscores Critical Role of Smoke Detectors After Fishing Vessel Fire and Sinking
The National Transportation Safety Board (NTSB) is highlighting the importance of properly placed smoke and fire detectors following its investigation of a September 2024 fire aboard the fishing vessel Tarka II near...
The APS Information Center
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From
Reuters
via
gCaptain
Philippines Says China Has no Right to Object or Interfere With Its ‘Lawful’ Activities in the South China Sea
The Philippine foreign ministry said on Thursday that China has no right to object to or interfere with its lawful and routine activities in the South China Sea.
From
Mike Schuler
via
gCaptain
Golden Ocean and CMB.TECH Lock in Merger
Golden Ocean Group Limited (NASDAQ: GOGL) and CMB.TECH NV (NYSE: CMBT) have announced their merger agreement, which will establish one of the world’s largest listed diversified maritime groups. The announcement...
From
Mike Schuler
via
gCaptain
U.S. Maritime Power in Decline: New Report Reveals Critical National Security Risks
A new report released today by the Open Markets Institute paints a dire picture of America’s diminishing maritime capabilities, highlighting unprecedented risks to national security and economic independence. Transportation policy...
From
Mike Schuler
via
gCaptain
Ship Losses Hit Historic Low Amid Rising Risks
The global maritime industry has achieved its lowest-ever total of vessel losses, with only 27 large ships lost worldwide in 2024, marking a 20% decrease from the previous year, according...
From
Mike Schuler
via
gCaptain
West Coast Ports Brace for Cargo Comeback, Sparking Congestion Fears
By Charlotte Goldstone (The Loadstar) – The demand spike on the transpacific has prompted concerns of congestion and cargo bottlenecks at key US ports. Yesterday, The Loadstar reported that many carriers had begun to...
From
Reuters
via
gCaptain
OPEC+ Adopts Plan for 2027 Baselines Ahead of July Output Hike Talks
OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday could agree a further accelerated oil output hike for July.
From
Mike Schuler
via
gCaptain
USTRANSCOM Report Reveals Key Challenges in U.S. Strategic Seaport Dredging Operations
A recently declassified U.S. Transportation Command (USTRANSCOM) report has identified significant challenges affecting dredging operations at strategic U.S. seaports, with findings that contradict common assumptions about equipment availability under the...
From
Mike Schuler
via
gCaptain
Watch: Great Lakes Bulk Carrier Has Near Miss with Seawall in St. Clair River
The M/V American Spirit, a self-unloading bulk carrier, narrowly avoided alliding with a seawall in the St. Clair River near Port Huron, Michigan on Tuesday. Footage of the incident, which...
From
Mike Schuler
via
gCaptain
EU Unveils Black Sea Maritime Security Strategy Amid Escalating Threats
The European Union has announced a new strategic initiative for the Black Sea region, with maritime security and connectivity at its forefront. The strategy introduces a dedicated Black Sea Maritime...
From
Bloomberg
via
gCaptain
Australia Looks to Avoid a Panama Repeat in China Port Showdown
Prime Minister Anthony Albanese is confronting a fresh diplomatic dilemma with China: How to fulfill a pledge to regain control of a strategic port without jeopardizing improved relations with his country’s largest trading partner.
From
Reuters
via
gCaptain
China Flexes Military Muscle with East Asian Naval Activity, Sources Say
China has flexed its muscles this month by sending an unusually large number of naval and coast guard vessels through a swathe of East Asian waters, according to security documents and officials, in moves that have unnerved regional capitals.
From
Austin Schroeder
via
Barchart
Corn Getting a Wednesday AM Bounce, as Ratings Start Below Estimates
Corn prices are up 1 to 2 cents across most contracts so far on Wednesday morning. Futures were weighed down by a weaker wheat market, as contracts closed steady in July and 4 to 5 cents lower in the new crop months. Preliminary open interest was down just 828 contracts,...