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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
Bloomberg
via
gCaptain
Aramco Helicopter Crash In Ras Tanura Kills All 14 On Board
By Sara Gharaibeh Jun 28, 2026, 8:26 AM (Bloomberg) –A helicopter operated by Saudi Aramco crashed Sunday in the energy heartland of Ras Tanura, killing all 14 passengers on board. The...
From
Reuters
via
gCaptain
US Carries Out Fresh Strikes Against Iran After Tanker Struck In Hormuz, Escalating Hostilities
By Jana Choukeir and Jasper Ward DUBAI/WASHINGTON, June 28 (Reuters) – The U.S. military said it struck Iran again, hours after a tanker was hit in the Strait of Hormuz, in the...
From
Bloomberg
via
gCaptain
Sweden Fits Guns To Coast Guard Vessels As Baltic Tensions Rise
By Charlie Duxbury Jun 27, 2026 (Bloomberg) –Sweden is fitting machine guns to its civilian coast guard vessels to better counter what it views as an intensifying threat from Russia-linked vessels...
From
Bloomberg
via
gCaptain
A Super Yacht Armada Came To Miami, Leaving A Marine Graveyard In Its Wake
By Michael Smith Jun 27, 2026 (Bloomberg) –Not far from the super yachts docked outside the island palaces of Miami’s new billionaire class, smaller boats abandoned by people who couldn’t afford...
From
Mike Schuler
via
gCaptain
Second Tanker Struck in Strait of Hormuz as U.S.-Iran Shipping Crisis Deepens
A second merchant vessel has been struck while transiting the Strait of Hormuz, underscoring the rapidly deteriorating security situation despite efforts to keep commercial shipping moving through the strategic waterway....
From
Bloomberg
via
gCaptain
Tanker Struck In Hormuz As Navies Raise Threat Level To Ships
By Sara Gharaibeh and Alex Longley Jun 27, 2026 (Bloomberg) –A ship was attacked in the Strait of Hormuz and naval authorities increased the threat level to shipping in the area,...
From
Bloomberg
via
gCaptain
Saudi Arabia Is Ramping Up Oil Exports As Gulf Ports Restart
By Julian Lee and Priyanjana Bengani Jun 26, 2026 (Bloomberg) –Saudi Arabia is boosting crude shipments, opening up its Persian Gulf ports that were shuttered by the Iran war while also...
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From
Mike Schuler
via
gCaptain
U.S. Targets 19 Tankers, Shadow Banks in Major New Iran Sanctions Crackdown
The Trump administration on Tuesday unveiled one of its broadest sanctions actions yet under its “Economic Fury” campaign, targeting more than 50 companies, individuals, and vessels tied to Iran’s shadow...
From
Reuters
via
gCaptain
US Imposes Fresh Sanctions on Iranian Exchange House, Shadow Fleet Vessels
The Trump administration on Tuesday imposed sanctions on an Iranian foreign currency exchange house and what it said were front companies overseeing transactions on behalf of Iranian banks as the U.S. maintains pressure on Tehran.
From
Bloomberg
via
gCaptain
Hedge Fund Beats Peers With Bets on Oil Tankers While Cutting AI
A Hong Kong hedge fund that outperformed peers says shipping stocks are a better trade than artificial intelligence, given the risks of tech companies overspending.
From
Mike Schuler
via
gCaptain
U.S. Coast Guard’s Newest Icebreaker Returns From Arctic Patrol as U.S. Expands Polar Fleet
The U.S. Coast Guard’s newest polar icebreaker has returned to Seattle after a 36-day deployment to the Bering Sea, marking an early operational test for a cutter expected to play...
From
Mike Schuler
via
gCaptain
Massive Atlantic ‘Cocaine Highway’ Busted in European Maritime Drug Operation
European law enforcement agencies say they have disrupted a major transatlantic narcotics corridor known as the “Cocaine Highway,” seizing 11 tonnes of cocaine and 8.5 tonnes of hashish during a...
From
Reuters
via
gCaptain
The Strait of Hormuz Crisis Is Cracking the Petrodollar System
The U.S. dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming nations turn to increasingly opaque deals with Tehran and Gulf producers to secure supplies.
From
gCaptain
via
gCaptain
The Great Battleship Debate: gCaptain’s Konrad Takes On AEI’s Zack Cooper
The U.S. Navy has not commissioned a battleship since 1944. Donald Trump now wants as many as 25. The first, USS Defiant, will displace more than 35,000 tons, carry hypersonics,...
From
Bloomberg
via
gCaptain
Iran Launches Bitcoin-Based Insurance Scheme for Ships Crossing Hormuz
Iran has started a Bitcoin-backed insurance service for Iranian shipping companies that want to transit the Strait of Hormuz, the semi-official Fars news agency reported, citing documents obtained from the country’s Ministry of Economy and Financial Affairs.
From
Mike Schuler
via
gCaptain
Treasury Extends Russian Oil Waiver as Hormuz Crisis Tightens Global Supplies
U.S. Treasury Secretary Scott Bessent announced Monday that the Treasury Department is issuing a temporary 30-day general license allowing “the most vulnerable nations” to access Russian oil cargoes currently stranded at sea,...
From
Mike Schuler
via
gCaptain
Iran Launches Official ‘Persian Gulf Strait Authority’ Account, Declares Unauthorized Hormuz Transit ‘Illegal’
The Iranian-backed Persian Gulf Strait Authority (PGSA) has officially launched a public presence on X, marking the clearest effort yet by Tehran to formalize and publicize its emerging control regime...
From
Mike Schuler
via
gCaptain
Norway Joins EU Baltic Sea Strategy as Full Member Amid Regional Security Push
Norway has officially become a full member of the European Union Strategy for the Baltic Sea Region (EUSBSR), marking a significant expansion of regional cooperation as Europe sharpens its focus...
From
Mike Schuler
via
gCaptain
Boskalis Orders Massive New Cable Layer for Offshore Energy Projects
Dutch offshore contractor Royal Boskalis Westminster N.V. is betting big on the future of subsea power infrastructure, announcing plans to build a massive new 24,000-ton Cable Lay Vessel (CLV) designed to support...