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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Phantom Tankers: GPS Interference Roils Gulf Shipping
Shipping
June 17, 2025
From 
Reuters
 via 
gCaptain

Phantom Tankers: GPS Interference Roils Gulf Shipping

The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past 9:40 a.m. shiptracking data appeared to show the massive vessel in Russia, in fields better known for barley and sugar beets.
War Risk Premiums for Israel Surge as Conflict With Iran Escalates
Shipping
June 17, 2025
From 
Reuters
 via 
gCaptain

War Risk Premiums for Israel Surge as Conflict With Iran Escalates

War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day, industry sources said on Tuesday.
Oil Freight Rates Jump in Mideast as Iran Conflict Fans Risk
Shipping
June 17, 2025
From 
Bloomberg
 via 
gCaptain

Oil Freight Rates Jump in Mideast as Iran Conflict Fans Risk

Oil-shipping rates for Middle Eastern routes have spiked after some tanker owners and managers paused offering vessels as they assess risks from Israel’s conflict with Iran, fueling concerns over flows from the region.
Britain Targets Putin’s Shadow Fleet in Sweeping G7 Sanctions
Shipping
June 17, 2025
From 
Mike Schuler
 via 
gCaptain

Britain Targets Putin’s Shadow Fleet in Sweeping G7 Sanctions

The United Kingdom has announced a significant maritime sanctions package targeting Russia’s shadow fleet, with 20 oil tankers now under restrictions as part of broader economic measures announced at the...
Israel-Iran War Already Taking Toll on Oil and Gas Sector
Shipping
June 17, 2025
From 
Reuters
 via 
gCaptain

Israel-Iran War Already Taking Toll on Oil and Gas Sector

Critical energy infrastructure in Israel and Iran has not escaped unscathed from the first few days of the countries' escalated conflict. Worst-case scenarios have yet to be realized, but the war is already having a notable impact on energy production and exports in both countries.
EU Proposal to Ban Russian Gas Set for Heated Negotiations
News
June 17, 2025
From 
Bloomberg
 via 
gCaptain

EU Proposal to Ban Russian Gas Set for Heated Negotiations

The European Union’s proposed ban on all Russian gas by the end of 2027 sets the stage for heated debate, with some member states nervous it will boost energy prices and cost companies millions of euros in legal fees.
Navigation Error Suspected in VLCC-Suezmax Crash Off Fujairah Amid Rising Gulf Tensions
Accidents
June 17, 2025
From 
Mike Schuler
 via 
gCaptain

Navigation Error Suspected in VLCC-Suezmax Crash Off Fujairah Amid Rising Gulf Tensions

A VLCC supertanker and a Suezmax tanker collided in the Gulf of Oman early Tuesday morning, resulting in fires aboard both vessels but no reported injuries or pollution, according to...
Two Oil Tankers Collide and Catch Fire Near Strait of Hormuz
News
June 17, 2025
From 
Reuters
 via 
gCaptain

Two Oil Tankers Collide and Catch Fire Near Strait of Hormuz

Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz, where electronic interference has surged during conflict between Iran and Israel, but there were no injuries to crew or spillage reported.
Carolina Governors Urge Trump Officials to Maintain Offshore Drilling Moratorium
Offshore
June 16, 2025
From 
Mike Schuler
 via 
gCaptain

Carolina Governors Urge Trump Officials to Maintain Offshore Drilling Moratorium

The Governors of North and South Carolina have joined forces to advocate for maintaining the moratorium on offshore drilling along their states’ coastlines. North Carolina Governor Josh Stein and South...
A Key Freight Indicator Is Flashing Red — Here’s What It Means for Global Trade
Ports
June 16, 2025
From 
Lori Ann LaRocco
 via 
gCaptain

A Key Freight Indicator Is Flashing Red — Here’s What It Means for Global Trade

By Lori Ann LaRocco – A key supply chain data point is flashing red, warning that the pullback in freight orders will continue. Empty container exports is a forward-looking indicator...
IMRF Launches First Global Maritime SAR Systems Review
Shipping
June 16, 2025
From 
Mike Schuler
 via 
gCaptain

IMRF Launches First Global Maritime SAR Systems Review

The International Maritime Rescue Federation (IMRF) and Lloyd’s Register Foundation have initiated the first comprehensive review of global maritime Search and Rescue (SAR) systems. The strategic assessment, announced Monday, aims...
Senior Officers of Cook Islands Tanker Face Criminal Charges in Finland Cable Damage Investigation
Shipping
June 16, 2025
From 
Mike Schuler
 via 
gCaptain

Senior Officers of Cook Islands Tanker Face Criminal Charges in Finland Cable Damage Investigation

Finland’s National Bureau of Investigation (NBI) has concluded its criminal investigation into the December 25, 2024 undersea cable damage incident in the Gulf of Finland, with senior officers of the...