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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
gCaptain
via
gCaptain
U.S. Ports Push Nuclear Power, Faster Dredging at Record AAPA Convention
The American Association of Port Authorities wrapped up its annual convention in New Orleans on Wednesday after drawing its largest attendance ever, with more than 900 participants representing over 90 ports.
From
Mike Schuler
via
gCaptain
Saronic Starts Construction on $3 Billion Texas Shipyard
Saronic Technologies has broken ground on its planned $3 billion Port Alpha shipyard in Brownsville, moving one of the largest new U.S. shipbuilding projects in decades from the planning stage...
From
Reuters
via
gCaptain
Russia Sends Nuclear Warning to NATO as Tensions Rise in the Baltic
Russia has warned NATO it would be ready to resort to nuclear weapons if the Western alliance attempted to cut off Kaliningrad, a Russian exclave that borders the Baltic Sea.
From
Bloomberg
via
gCaptain
Ships Face Fuel Delays at China’s Zhoushan on Supply Squeeze
Ships are being forced to wait significantly longer to refuel at China’s top bunkering hub of Zhoushan, where the fallout from the US-Iran war has tightened supplies and pushed up prices.
From
Mike Schuler
via
gCaptain
Three More Tanker Attacks Surface in Delayed Hormuz Reports
Three more attacks on tankers in the Strait of Hormuz have surfaced through delayed reports from UK Maritime Trade Operations, adding to growing uncertainty over how quickly incidents in the...
From
Reuters
via
gCaptain
Trump Set to Tout Korean Investment in Alaska LNG, Other Projects, Sources Say
President Donald Trump could unveil plans as soon as Wednesday to tap South Korea's pledged strategic investment package for about $54 billion to build a liquefied natural gas facility in Alaska and several other major US projects, according to two people familiar with the discussions.
From
Bloomberg
via
gCaptain
JPMorgan and Goldman See Mideast Oil Flows Near Pre-War Levels
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan Chase & Co. and Goldman Sachs Group Inc.
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From
Mike Schuler
via
gCaptain
Two Tankers Attacked as UAE Expands Hormuz Oil Shuttle
Two tankers affiliated with Abu Dhabi National Oil Co. were struck by drones while sailing outbound through the Strait of Hormuz, just a day after reports emerged that the UAE...
From
Mike Schuler
via
gCaptain
U.S. Extends Jones Act Waiver Another 90 Days, Adds U.S.-Flag Vessel Availability Test
The Trump administration has extended its emergency Jones Act waiver for another 90 days while substantially tightening the process for using foreign-flag vessels in domestic trades, including a new requirement...
From
Reuters
via
gCaptain
US Warns Iran It Will Step Up Economic Pressure; Two More Ships Attacked in Hormuz
Transit through the Strait of Hormuz appeared to grind to a near standstill on Friday after two more ships were attacked there and the United States said it could maintain a naval blockade of Iran indefinitely.
From
Bloomberg
via
gCaptain
Trump Orders US Aircraft Carriers to Go Back to Steam Catapults
President Donald Trump ordered the Navy to return to using steam catapults to launch planes off of aircraft carriers, acting on a longtime complaint despite opposition from many naval officers.
From
Mike Schuler
via
gCaptain
Trump Opens Door to Foreign-Built Warships in Major Navy Shipbuilding Overhaul
President Donald Trump has ordered a sweeping overhaul of U.S. Navy shipbuilding, including opening the door to foreign-built warships, establishing a fifth public naval shipyard and replacing key technologies planned...
From
Mike Schuler
via
gCaptain
Container Rates Extend Gains as Carriers Tighten Transpacific Capacity
Drewry’s World Container Index rose for a second straight week, with higher transpacific rates outweighing declines on Asia-Europe trades as carriers continue to manage capacity amid widespread supply chain disruption....
From
Reuters
via
gCaptain
Iran, US Make Competing Claims Over Control of Strait of Hormuz
The Strait of Hormuz is "under Iran's control and management," the recently appointed head of Iran's Basij paramilitary unit said on Thursday, a day after U.S. President Donald Trump said the United States had "total control" of the strategic waterway.
From
Lori Ann LaRocco
via
gCaptain
Hormuz Shipping Traffic Shows No Sign of Recovery
Latest trade data show no dramatic changes in the flow of trade through the Strait of Hormuz and Bab el-Mandeb.
From
Bloomberg
via
gCaptain
Korea’s SK Shipping, H-Line Swap Tankers to Create LNG Giant
South Korean shipping companies SK Shipping Co. and H-Line Shipping Co. — both owned by private equity firm Hahn & Co. — will swap tankers and contracts to create one of the world’s largest operators of liquefied natural gas carriers.
From
Mike Schuler
via
gCaptain
Hormuz Disruption Cuts Both Ways for Maersk and Hapag-Lloyd
The disruption in the Strait of Hormuz is proving both costly and profitable for container shipping, with Gemini Cooperation partners Maersk and Hapag-Lloyd reporting sharply higher operating costs alongside stronger...
From
Mike Schuler
via
gCaptain
Major Salvage Effort Begins for Grounded Shadow Fleet Tanker Off Oman
Ambrey has launched a major international salvage operation for the grounded tanker Caroline Bezengi off Oman, deploying specialist personnel and equipment as crews race to stabilize the vessel amid a rapidly expanding...
From
Malte Humpert
via
gCaptain
Arctic Ice Damages Tanker as Russia Ramps Up Northern Sea Route Oil Shipments
A tanker suffered serious damage to its hull while navigating through Arctic sea ice despite being assisted by an icebreaker, highlighting the risks facing vessels using Russia’s Northern Sea Route as Moscow rapidly expands oil shipments through the Arctic.