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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Panama Canal Draught Restrictions Set to Add to Congestion Chaos
News
August 21, 2026
From 
The Loadstar
 via 
gCaptain

Panama Canal Draught Restrictions Set to Add to Congestion Chaos

Waterways the world over are contending with all manner of chaos, especially the Panama Canal where congestion is worsening as a consequence of the war in the Middle East and low-water restrictions loom.
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...

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Venezuela’s Oil Exports on The Rise as More Cargoes Head to China
Shipping
July 2, 2025
From 
Reuters
 via 
gCaptain

Venezuela’s Oil Exports on The Rise as More Cargoes Head to China

Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as the loss of the U.S. and European markets was offset by more cargoes sent to China, according to shipping data and documents.
Gas Carrier Dashes Across Arctic Ocean in Just 10 Days Delivering Russian LNG to Asia
Shipping
July 2, 2025
From 
Malte Humpert
 via 
gCaptain

Gas Carrier Dashes Across Arctic Ocean in Just 10 Days Delivering Russian LNG to Asia

The 172,846 cbm LNG carrier Georgiy Ushakov crossed the Arctic from Russia’s Yamal Peninsula to the Bering Strait in less than 10 days passing through extensive late-winter sea ice. The Arc7 ice-class gas tanker was accompanied by the nuclear icebreaker Yamal for part of the 2,500 nautical mile journey.
U.S. Grain Exports Rise Despite Chinese Tariffs
Shipping
July 2, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Grain Exports Rise Despite Chinese Tariffs

U.S seaborne grain exports increased 9% year-over-year during the first half of 2025, despite significant challenges from Chinese tariffs, according to a new analysis from BIMCO. “During the first half...
Ørsted Terminates Wind Turbine Installation Vessel Agreement with Cadeler as Hornsea 4 Project Halted
Offshore
July 2, 2025
From 
Mike Schuler
 via 
gCaptain

Ørsted Terminates Wind Turbine Installation Vessel Agreement with Cadeler as Hornsea 4 Project Halted

Copenhagen-based offshore wind installation specialist Cadeler A/S (NYSE: CDLR / OSE: CADLR) announced today that Ørsted A/S has terminated their long-term agreement for a newbuild A-Class wind turbine installation vessel....
Major Cocaine Bust: UK Border Force Seizes Record Shipment at London Gateway
News
July 2, 2025
From 
Mike Schuler
 via 
gCaptain

Major Cocaine Bust: UK Border Force Seizes Record Shipment at London Gateway

In one of the UK’s largest drug seizures of the past decade, UK Border Force officers have seized cocaine with an estimated street value of £96 million (USD 130 million)...
Germany and Sweden Launch Joint Initiative to Monitor Shadow Fleet in Baltic Sea
Shipping
July 2, 2025
From 
Mike Schuler
 via 
gCaptain

Germany and Sweden Launch Joint Initiative to Monitor Shadow Fleet in Baltic Sea

German authorities have implemented a new measure requiring tankers traveling eastward through the Fehmarn Belt, in the western part of the Baltic Sea, to disclose their insurance coverage against oil...
GAO Report Reveals Critical Gaps in Maritime Administration’s Shipbuilding Support Programs
Shipbuilding
July 2, 2025
From 
Mike Schuler
 via 
gCaptain

GAO Report Reveals Critical Gaps in Maritime Administration’s Shipbuilding Support Programs

A recent Government Accountability Office (GAO) report has found that despite having four financial assistance programs designed to bolster U.S. shipbuilding, the Maritime Administration (MARAD) lacks proper performance metrics to...
Indonesia’s Pertamina Seeks $700 Million Loan to Build Vessels
Shipping
July 2, 2025
From 
Bloomberg
 via 
gCaptain

Indonesia’s Pertamina Seeks $700 Million Loan to Build Vessels

Indonesia’s state-owned oil giant PT Pertamina and its shipping arm are seeking an offshore loan of about $700 million for the construction of vessels, according to people familiar with the matter.
Maersk Estimates Effective US Tariffs Average 21% Currently
Shipping
July 2, 2025
From 
Reuters
 via 
gCaptain

Maersk Estimates Effective US Tariffs Average 21% Currently

Maersk MAERSKb.CO estimates companies pay effective U.S. import tariffs of on average 21% relative to container load, the Danish shipping group said on Wednesday, less than half the rate before Washington paused its sweeping tariffs in April.
U.S. Says Iran Loaded Naval Mines Amid Threat to Block Strait of Hormuz
Defense
July 1, 2025
From 
Reuters
 via 
gCaptain

U.S. Says Iran Loaded Naval Mines Amid Threat to Block Strait of Hormuz

The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up to blockade the Strait of Hormuz following Israel's strikes on sites across Iran, according to two U.S. officials.
Containership WAN HAI 503 Towed Beyond India’s EEZ After Deadly Fire
Shipping
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

Containership WAN HAI 503 Towed Beyond India’s EEZ After Deadly Fire

The Singapore-flagged containership MV WAN HAI 503 has been towed outside of India’s Exclusive Economic Zone and now sits approximately 130 nautical miles off the Kochi coast as salvage efforts continue following...
Indian Navy Battles Engine Room Fire on Tanker in Gulf of Oman
Accidents
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

Indian Navy Battles Engine Room Fire on Tanker in Gulf of Oman

The Indian Navy stealth frigate INS Tabar has responded to a distress call from the Pulau-flagged tanker MT Yi Cheng 6 in the Gulf of Oman on Sunday after the...