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.

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US Sanctions Fishing Fleet Accused of Shipping Cocaine to Mexico
News
August 21, 2026
From 
Bloomberg
 via 
gCaptain

US Sanctions Fishing Fleet Accused of Shipping Cocaine to Mexico

The US Treasury sanctioned a fleet of fishing vessels suspected of smuggling tons of cocaine to Mexico each month, ultimately bound for the US.
Iran Vows ‘Devastating’ Response to US Threat to Cut Off Its Economic Lifelines
News
August 21, 2026
From 
Reuters
 via 
gCaptain

Iran Vows ‘Devastating’ Response to US Threat to Cut Off Its Economic Lifelines

Iran said on Friday that its response to any new U.S. threats would be "devastating" after Washington pledged to impose the toughest financial penalties in history with the aim of toppling the Iranian leadership.
Piracy Observer Says Somali Incidents Rising as Navies Stretched
August 21, 2026
From 
Bloomberg
 via 
gCaptain

Piracy Observer Says Somali Incidents Rising as Navies Stretched

The world’s top maritime piracy observer said incidents off the coast of Somalia are on the rise again after a pair of fresh attacks this week — as two major regional conflicts stretch naval forces in the area thin.
Ukraine Says Russia Hit 52 Civilian Ships in Six Weeks as Black Sea Attacks Escalate
News
August 21, 2026
From 
Mike Schuler
 via 
gCaptain

Ukraine Says Russia Hit 52 Civilian Ships in Six Weeks as Black Sea Attacks Escalate

Russia attacked 52 civilian vessels in the Black Sea during July and the first half of August, according to Ukraine’s infrastructure ministry, highlighting a sharp escalation in attacks on commercial...
Panama Canal to Cut Daily Transits as Optimistic Water Outlook Fades
News
August 21, 2026
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...
‘Thamesborg’ Completes Arctic Northwest Passage After Last Year’s Grounding
Shipping
August 21, 2026
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.

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China’s Shipbuilding Market Share Plummets as U.S. Port Fees Loom
Shipbuilding
July 16, 2025
From 
Mike Schuler
 via 
gCaptain

China’s Shipbuilding Market Share Plummets as U.S. Port Fees Loom

Chinese shipyards have seen their global market share drop dramatically from 72% to 52% in the first half of 2025, according to a new analysis from BIMCO. “In the first...
WinGD Makes History with First Commercial Ammonia-Fueled Marine Engine
News
July 16, 2025
From 
Mike Schuler
 via 
gCaptain

WinGD Makes History with First Commercial Ammonia-Fueled Marine Engine

Swiss marine power company WinGD has achieved a significant milestone in maritime decarbonization with the successful delivery and installation of the world’s first ammonia-fuelled two-stroke marine engine. The X52DF-A engine...
U.S. Coast Guard’s Newest Icebreaker ‘Storis’ Arrives in Seattle, Prepares for First Arctic Patrol
Defense
July 16, 2025
From 
Malte Humpert
 via 
gCaptain

U.S. Coast Guard’s Newest Icebreaker ‘Storis’ Arrives in Seattle, Prepares for First Arctic Patrol

The U.S.’ newly acquired icebreaker Storis (formerly Aiviq) arrived in Seattle following a six-week voyage from Bollinger Shipyards in Mississippi. “In a historic journey that marked the start of her legendary service as a Coast Guard icebreaker, the Coast Guard Cutter Storis sailed from Mississippi, transited the Panama Canal, and made her way to Seattle for the first time,” said Capt. Corey Kerns commanding officer of Storis.
Trump Fires White House Shipbuilding Adviser as US Maritime Strategy Falters
News
July 15, 2025
From 
Reuters
 via 
gCaptain

Trump Fires White House Shipbuilding Adviser as US Maritime Strategy Falters

WASHINGTON, July 15 (Reuters) – Two senior officials at the White House National Security Council have left their roles in recent days, according to two sources familiar with the moves,...
Canadian Shipbuilder Seaspan Signs Steel MoU for Polar Icebreaker Project
Shipbuilding
July 15, 2025
From 
Mike Schuler
 via 
gCaptain

Canadian Shipbuilder Seaspan Signs Steel MoU for Polar Icebreaker Project

Seaspan Vancouver Shipyards has signed a Memorandum of Understanding with Ontario-based Stigterstaal Canada and Algoma Steel Inc. to establish a domestic steel supply chain for shipbuilding in Canada. The agreement,...
US Delays Rule on Gulf of Mexico Whale Protections by Two Years
News
July 15, 2025
From 
Reuters
 via 
gCaptain

US Delays Rule on Gulf of Mexico Whale Protections by Two Years

U.S. President Donald Trump's administration will delay by two years a final rule designating protections for the endangered Rice's whale in the oil and gas drilling region of the Gulf of Mexico, according to an agreement with environmental groups filed in a federal court.
Genco Shipping Secures $600 Million Credit Facility to Fuel Growth
Shipping
July 15, 2025
From 
Mike Schuler
 via 
gCaptain

Genco Shipping Secures $600 Million Credit Facility to Fuel Growth

Genco Shipping & Trading Limited (NYSE:GNK), the largest U.S.-headquartered drybulk shipowner, has closed a $600 million revolving credit facility that will provide “significant capacity to pursue accretive growth opportunities.” The...
EU Fails to Approve New Russia Sanctions
Shipping
July 15, 2025
From 
Reuters
 via 
gCaptain

EU Fails to Approve New Russia Sanctions

The European Union did not approve the 18th Russia sanctions package on Tuesday, the EU's foreign chief Kaja Kallas said after a meeting with EU foreign ministers in Brussels.
Russia’s Crude Shipments Rebound Ahead of Trump Sanctions Threat
Shipping
July 15, 2025
From 
Bloomberg
 via 
gCaptain

Russia’s Crude Shipments Rebound Ahead of Trump Sanctions Threat

Russia’s crude exports hit a one-month high, driven by a surge in weekly flows that coincided with a sharp drop in refinery runs. The increase came before President Donald Trump’s threat of secondary tariffs on buyers of Russian oil if Moscow fails to make a swift peace with Ukraine.
World’s First Newbuild Ammonia Bunkering Vessel Due in 2027
Shipping
July 15, 2025
From 
Mike Schuler
 via 
gCaptain

World’s First Newbuild Ammonia Bunkering Vessel Due in 2027

Japan-based ITOCHU Corporation has signed a shipbuilding contract for a 5,000 m3 ammonia bunkering vessel with Sasaki Shipbuilding Co., Ltd., marking a significant step forward in maritime decarbonization efforts. The...
Read or Not… How Autonomous Tech is Already Quietly Disrupting Shipping
Shipping
July 15, 2025
From 
Mike Schuler
 via 
gCaptain

Read or Not… How Autonomous Tech is Already Quietly Disrupting Shipping

The maritime industry has long viewed autonomous ships as a distant future technology, but this perspective is dangerously outdated, according to Orca AI CEO and Co-founder Yarden Gross. “Autonomous ships...
Australia Opens Investigation Months After Giant Ore Carrier’s Engine Failure at Port Hedland
Shipping
July 15, 2025
From 
Mike Schuler
 via 
gCaptain

Australia Opens Investigation Months After Giant Ore Carrier’s Engine Failure at Port Hedland

The Australian Transport Safety Bureau (ATSB) has initiated an investigation into a propulsion failure incident involving the bulk carrier FMG Nicola that occurred at Port Hedland, Western Australia, in February. The investigation...