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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ABS Charts Course for Floating Nuclear Data Centers to Power AI Revolution at Sea
Shipping
June 2, 2025
From 
Mike Schuler
 via 
gCaptain

ABS Charts Course for Floating Nuclear Data Centers to Power AI Revolution at Sea

A new report from international classification society ABS and Herbert Engineering explores an innovative solution to the growing energy demands of artificial intelligence (AI) data centers: floating nuclear-powered facilities utilizing...
Solvang and BlackRock’s GIP Form Joint Venture to Create Global Gas Shipping Giant
Shipping
June 2, 2025
From 
Mike Schuler
 via 
gCaptain

Solvang and BlackRock’s GIP Form Joint Venture to Create Global Gas Shipping Giant

Solvang ASA and BlackRock’s Global Infrastructure Partners (GIP) have announced the formation of a 50:50 joint venture called Solvang Gas Carriers. The new venture will initially take ownership of Solvang’s...
Panama Claims 650 Ships Removed from Registry Over Sanctions
Shipping
June 2, 2025
From 
Reuters
 via 
gCaptain

Panama Claims 650 Ships Removed from Registry Over Sanctions

Panama's Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and enforce stricter rules for the ships it flags, it said on Monday.
ONE Launches Green Ship Recycling Policy Ahead of Hong Kong Convention
News
June 2, 2025
From 
Mike Schuler
 via 
gCaptain

ONE Launches Green Ship Recycling Policy Ahead of Hong Kong Convention

Ocean Network Express (ONE) has announced the implementation of a comprehensive Ship Recycling Policy and membership in the Ship Recycling Transparency Initiative (SRTI). Announced last week in Singapore, the initiatives...
Washington State’s ‘Wenatchee’ Becomes Largest U.S. Ferry to Go Hybrid
News
June 2, 2025
From 
Mike Schuler
 via 
gCaptain

Washington State’s ‘Wenatchee’ Becomes Largest U.S. Ferry to Go Hybrid

Vigor Marine Seattle has completed a groundbreaking hybrid-electric conversion of the Washington State Ferry M/V Wenatchee, marking a significant advancement in maritime sustainability. The 202-vehicle ferry, one of the largest in...
Panama Defends Its Ship Registry Amid Accusations of Aiding Iran’s Sanctions Evasion
Shipping
June 2, 2025
From 
Mike Schuler
 via 
gCaptain

Panama Defends Its Ship Registry Amid Accusations of Aiding Iran’s Sanctions Evasion

The Government of Panama has issued a strong rebuttal to accusations made by United Against Nuclear Iran (UANI) regarding its role in enforcing sanctions against Iran’s oil trade. Panama’s Maritime...

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Xeneta: Court Ruling Against Trump Tariffs Sparks New Supply Chain Uncertainty
Shipping
May 29, 2025
From 
Mike Schuler
 via 
gCaptain

Xeneta: Court Ruling Against Trump Tariffs Sparks New Supply Chain Uncertainty

The container shipping industry is set for more market volatility following a ruling by the U.S. Court of International Trade that deemed President Trump’s “Liberation Day” tariffs unlawful. The court’s...
Philippines Says China Has no Right to Object or Interfere With Its ‘Lawful’ Activities in the South China Sea
News
May 29, 2025
From 
Reuters
 via 
gCaptain

Philippines Says China Has no Right to Object or Interfere With Its ‘Lawful’ Activities in the South China Sea

The Philippine foreign ministry said on Thursday that China has no right to object to or interfere with its lawful and routine activities in the South China Sea.
Golden Ocean and CMB.TECH Lock in Merger
Shipping
May 28, 2025
From 
Mike Schuler
 via 
gCaptain

Golden Ocean and CMB.TECH Lock in Merger

Golden Ocean Group Limited (NASDAQ: GOGL) and CMB.TECH NV (NYSE: CMBT) have announced their merger agreement, which will establish one of the world’s largest listed diversified maritime groups. The announcement...
U.S. Maritime Power in Decline: New Report Reveals Critical National Security Risks
Defense
May 28, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Maritime Power in Decline: New Report Reveals Critical National Security Risks

A new report released today by the Open Markets Institute paints a dire picture of America’s diminishing maritime capabilities, highlighting unprecedented risks to national security and economic independence. Transportation policy...
Ship Losses Hit Historic Low Amid Rising Risks
Shipping
May 28, 2025
From 
Mike Schuler
 via 
gCaptain

Ship Losses Hit Historic Low Amid Rising Risks

The global maritime industry has achieved its lowest-ever total of vessel losses, with only 27 large ships lost worldwide in 2024, marking a 20% decrease from the previous year, according...
West Coast Ports Brace for Cargo Comeback, Sparking Congestion Fears
Ports
May 28, 2025
From 
Mike Schuler
 via 
gCaptain

West Coast Ports Brace for Cargo Comeback, Sparking Congestion Fears

By Charlotte Goldstone (The Loadstar) – The demand spike on the transpacific has prompted concerns of congestion and cargo bottlenecks at key US ports.   Yesterday, The Loadstar reported that many carriers had begun to...
OPEC+ Adopts Plan for 2027 Baselines Ahead of July Output Hike Talks
News
May 28, 2025
From 
Reuters
 via 
gCaptain

OPEC+ Adopts Plan for 2027 Baselines Ahead of July Output Hike Talks

OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday could agree a further accelerated oil output hike for July.
USTRANSCOM Report Reveals Key Challenges in U.S. Strategic Seaport Dredging Operations
Ports
May 28, 2025
From 
Mike Schuler
 via 
gCaptain

USTRANSCOM Report Reveals Key Challenges in U.S. Strategic Seaport Dredging Operations

A recently declassified U.S. Transportation Command (USTRANSCOM) report has identified significant challenges affecting dredging operations at strategic U.S. seaports, with findings that contradict common assumptions about equipment availability under the...
Watch: Great Lakes Bulk Carrier Has Near Miss with Seawall in St. Clair River
Accidents
May 28, 2025
From 
Mike Schuler
 via 
gCaptain

Watch: Great Lakes Bulk Carrier Has Near Miss with Seawall in St. Clair River

The M/V American Spirit, a self-unloading bulk carrier, narrowly avoided alliding with a seawall in the St. Clair River near Port Huron, Michigan on Tuesday. Footage of the incident, which...
EU Unveils Black Sea Maritime Security Strategy Amid Escalating Threats
Defense
May 28, 2025
From 
Mike Schuler
 via 
gCaptain

EU Unveils Black Sea Maritime Security Strategy Amid Escalating Threats

The European Union has announced a new strategic initiative for the Black Sea region, with maritime security and connectivity at its forefront. The strategy introduces a dedicated Black Sea Maritime...
Australia Looks to Avoid a Panama Repeat in China Port Showdown
Ports
May 28, 2025
From 
Bloomberg
 via 
gCaptain

Australia Looks to Avoid a Panama Repeat in China Port Showdown

Prime Minister Anthony Albanese is confronting a fresh diplomatic dilemma with China: How to fulfill a pledge to regain control of a strategic port without jeopardizing improved relations with his country’s largest trading partner.
China Flexes Military Muscle with East Asian Naval Activity, Sources Say
Defense
May 28, 2025
From 
Reuters
 via 
gCaptain

China Flexes Military Muscle with East Asian Naval Activity, Sources Say

China has flexed its muscles this month by sending an unusually large number of naval and coast guard vessels through a swathe of East Asian waters, according to security documents and officials, in moves that have unnerved regional capitals.