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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Most G7 Members Ready to Lower Russian Oil Price Cap Without U.S.
News
June 12, 2025
From 
Reuters
 via 
gCaptain

Most G7 Members Ready to Lower Russian Oil Price Cap Without U.S.

Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources familiar with the matter said.
250 Years Ago, the Merchant Marine Took Up Arms for American Freedom
Shipping
June 12, 2025
From 
Mike Schuler
 via 
gCaptain

250 Years Ago, the Merchant Marine Took Up Arms for American Freedom

Today marks the 250th anniversary of what historians consider the birth of the U.S. Merchant Marine and the first naval battle of the American Revolution. On June 12, 1775, merchant...
Oil Tanker Titans Stay Calm But Cautious After Mideast Warnings
Shipping
June 12, 2025
From 
Bloomberg
 via 
gCaptain

Oil Tanker Titans Stay Calm But Cautious After Mideast Warnings

Several of the world’s largest ocean-tanker operators said they remained calm but cautious after risk warnings from naval forces for vessels operating in and around the Persian Gulf, the world’s largest oil-producing region.
Taiwan Jails Chinese Ship Captain for Damaging Undersea Cables
News
June 12, 2025
From 
Reuters
 via 
gCaptain

Taiwan Jails Chinese Ship Captain for Damaging Undersea Cables

A Taiwanese court sentenced the Chinese captain of a ship to three years in jail on Thursday after finding him guilty of intentionally damaging undersea cables off the island in February, in a case that alarmed Taiwan officials.
OPEC Crude Tanker Loadings Surge 24% as Production Cuts Unwind
Shipping
June 12, 2025
From 
Mike Schuler
 via 
gCaptain

OPEC Crude Tanker Loadings Surge 24% as Production Cuts Unwind

OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week increase to 2.281 million barrels per day (mbpd) in week 23, according...
Australia Confident US Will Proceed With Biden-Era Submarine Pact After Review
Defense
June 12, 2025
From 
Reuters
 via 
gCaptain

Australia Confident US Will Proceed With Biden-Era Submarine Pact After Review

Australia's Defence Minister Richard Marles said on Thursday he was confident the AUKUS submarine pact with the U.S. and Britain would proceed, and his government would work closely with the U.S. while the Trump administration conducted a formal review.
Legal Action Initiated Against MSC Elsa 3 Owner and Crew Following Kerala Sinking
Accidents
June 11, 2025
From 
Mike Schuler
 via 
gCaptain

Legal Action Initiated Against MSC Elsa 3 Owner and Crew Following Kerala Sinking

Indian authorities have launched a criminal case against the owner, master, and crew members of the containership MSC Elsa 3, which sank off the coast of Kochi, India, last month....
U.S. Moves Embassy Staff Amid Growing Iran Confrontation
Defense
June 11, 2025
From 
Reuters
 via 
gCaptain

U.S. Moves Embassy Staff Amid Growing Iran Confrontation

The United States is preparing a partial evacuation of its Iraqi embassy and will allow military dependents to leave locations around the Middle East due to heightened security risks in the region, U.S. and Iraqi sources said on Wednesday.
Davie to Acquire Texas Shipyards, Seeking to Supercharge U.S. Icebreaker Production
Defense
June 11, 2025
From 
Mike Schuler
 via 
gCaptain

Davie to Acquire Texas Shipyards, Seeking to Supercharge U.S. Icebreaker Production

Canadian shipbuilder Davie announced today its plans to acquire shipbuilding assets in Galveston and Port Arthur, Texas from Gulf Copper & Manufacturing Corporation, marking a significant expansion into the U.S....
Pentagon Calls Shipbuilding a Top Priority, But Congress Says Budget Falls Short
Defense
June 11, 2025
From 
Mike Schuler
 via 
gCaptain

Pentagon Calls Shipbuilding a Top Priority, But Congress Says Budget Falls Short

The Department of Defense has placed shipbuilding at the heart of its FY2026 strategy, pledging $5.9 billion to revitalize the U.S. maritime industrial base amid growing concerns over China’s naval...
Fire-Stricken Wan Hai 503 Continues to Drift Off Indian Coast as Salvage Efforts Intensify
Accidents
June 11, 2025
From 
Mike Schuler
 via 
gCaptain

Fire-Stricken Wan Hai 503 Continues to Drift Off Indian Coast as Salvage Efforts Intensify

The Singapore-flagged container vessel MV Wan Hai 503 remains adrift approximately 42 nautical miles off Beypore, Kerala, carrying 2,128 MT of fuel and hazardous cargo, posing an ongoing environmental risk....
Trump Says U.S.-China Trade Deal ‘Done’ as Rare Earths, Tariffs Take Center Stage
News
June 11, 2025
From 
Reuters
 via 
gCaptain

Trump Says U.S.-China Trade Deal ‘Done’ as Rare Earths, Tariffs Take Center Stage

A U.S.-China trade deal is "done," U.S. President Donald Trump said on Wednesday, hours after negotiators from Washington and Beijing agreed on a framework to get a fragile trade truce back on track and remove Chinese export restrictions on rare earth minerals and other critical industrial components.