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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Davie Shipyard Begins Construction of Canada’s Flagship Polar Max Icebreaker
Defense
August 20, 2025
From 
Mike Schuler
 via 
gCaptain

Davie Shipyard Begins Construction of Canada’s Flagship Polar Max Icebreaker

Davie shipyard has officially commenced construction on Canada’s flagship Polar Max icebreaker, marking a significant milestone in the country’s Arctic capabilities development. The steel cutting ceremony, held today in Lévis,...
Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks
Shipping
August 20, 2025
From 
Reuters
 via 
gCaptain

Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks

Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China.
Hurricane Erin Strengthens Near U.S. East Coast, Poses Significant Maritime Threat
News
August 20, 2025
From 
Mike Schuler
 via 
gCaptain

Hurricane Erin Strengthens Near U.S. East Coast, Poses Significant Maritime Threat

Hurricane Erin has intensified to near-major hurricane strength with maximum sustained winds of 110 mph while moving northward through the western Atlantic, the National Hurricane Center reported Wednesday morning. The...
Fire Breaks Out on USS New Orleans Off Okinawa
Defense
August 20, 2025
From 
Mike Schuler
 via 
gCaptain

Fire Breaks Out on USS New Orleans Off Okinawa

A U.S. Navy amphibious transport dock ship, USS New Orleans (LPD-18), suffered a fire off the coast of Okinawa, Japan on Wednesday, prompting a coordinated international response from both U.S....
External Firefighters Join Marie Maersk Crew in Battle Against Container Fire Off West Africa
Accidents
August 20, 2025
From 
Mike Schuler
 via 
gCaptain

External Firefighters Join Marie Maersk Crew in Battle Against Container Fire Off West Africa

External firefighter crews have joined the Marie Maersk’s crew in actively combating a fire that broke out aboard the vessel one week ago, according to the latest update released today....
India’s Nayara Turns to Dark Fleet and Russian Oil for Survival
News
August 20, 2025
From 
Bloomberg
 via 
gCaptain

India’s Nayara Turns to Dark Fleet and Russian Oil for Survival

One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running.

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Indonesia’s Pertamina Seeks $700 Million Loan to Build Vessels
Shipping
July 2, 2025
From 
Bloomberg
 via 
gCaptain

Indonesia’s Pertamina Seeks $700 Million Loan to Build Vessels

Indonesia’s state-owned oil giant PT Pertamina and its shipping arm are seeking an offshore loan of about $700 million for the construction of vessels, according to people familiar with the matter.
Maersk Estimates Effective US Tariffs Average 21% Currently
Shipping
July 2, 2025
From 
Reuters
 via 
gCaptain

Maersk Estimates Effective US Tariffs Average 21% Currently

Maersk MAERSKb.CO estimates companies pay effective U.S. import tariffs of on average 21% relative to container load, the Danish shipping group said on Wednesday, less than half the rate before Washington paused its sweeping tariffs in April.
U.S. Says Iran Loaded Naval Mines Amid Threat to Block Strait of Hormuz
Defense
July 1, 2025
From 
Reuters
 via 
gCaptain

U.S. Says Iran Loaded Naval Mines Amid Threat to Block Strait of Hormuz

The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up to blockade the Strait of Hormuz following Israel's strikes on sites across Iran, according to two U.S. officials.
Containership WAN HAI 503 Towed Beyond India’s EEZ After Deadly Fire
Shipping
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

Containership WAN HAI 503 Towed Beyond India’s EEZ After Deadly Fire

The Singapore-flagged containership MV WAN HAI 503 has been towed outside of India’s Exclusive Economic Zone and now sits approximately 130 nautical miles off the Kochi coast as salvage efforts continue following...
Indian Navy Battles Engine Room Fire on Tanker in Gulf of Oman
Accidents
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

Indian Navy Battles Engine Room Fire on Tanker in Gulf of Oman

The Indian Navy stealth frigate INS Tabar has responded to a distress call from the Pulau-flagged tanker MT Yi Cheng 6 in the Gulf of Oman on Sunday after the...
HII Turns to AI to Revolutionize U.S. Naval Shipbuilding
Defense
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

HII Turns to AI to Revolutionize U.S. Naval Shipbuilding

America’s largest military shipbuilder HII and enterprise AI software company C3 AI have announced an expanded strategic partnership aimed at accelerating shipbuilding throughput through artificial intelligence implementation at HII’s Newport...
Shell Launches Canada’s First LNG Exports to Feed Growing Asian Demand
News
July 1, 2025
From 
Bloomberg
 via 
gCaptain

Shell Launches Canada’s First LNG Exports to Feed Growing Asian Demand

(Bloomberg) — Shell Plc has started exports from Canada’s first liquefied natural gas project, helping to meet rising Asian demand and extending its position in the global LNG market. The first...
Britain’s Crown Estate Reports Profit of 1.15B Pounds, Led by Offshore Wind
Offshore
July 1, 2025
From 
Reuters
 via 
gCaptain

Britain’s Crown Estate Reports Profit of 1.15B Pounds, Led by Offshore Wind

The Crown Estate, which manages King Charles' public property, reported an annual net profit of 1.15 billion pounds ($1.57 billion) on Tuesday, similar to the previous year, with offshore wind leases its biggest source of revenue.
Finland Implements Historic Ban on Ship Wastewater Discharges in Baltic Sea
Shipping
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

Finland Implements Historic Ban on Ship Wastewater Discharges in Baltic Sea

Finland’s groundbreaking ban on sewage and open-circuit scrubber wastewater discharges in its territorial waters takes effect today, making it the first nation globally to implement such comprehensive wastewater regulations for...
Limpet Mine Eyed in Tanker Blast Off Libya’s Coast
Shipping
July 1, 2025
From 
Reuters
 via 
gCaptain

Limpet Mine Eyed in Tanker Blast Off Libya’s Coast

A limpet mine may have caused a blast that damaged a Greek tanker sailing off Libya's coast last week, the fifth such incident to hit commercial shipping in the region in recent months, maritime security sources said on Tuesday.
Private Equity Acquires Majority Stake in Louis Dreyfus Armateurs, Plans €1B Expansion
Shipping
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

Private Equity Acquires Majority Stake in Louis Dreyfus Armateurs, Plans €1B Expansion

European private equity firm InfraVia Capital Partners has acquired an 80% majority stake in renowned maritime group Louis Dreyfus Armateurs (LDA) through its InfraVia European Fund VI, with the Louis-Dreyfus...
Alternative Fuel Vessels See Record Growth Despite Newbuilding Slowdown
News
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

Alternative Fuel Vessels See Record Growth Despite Newbuilding Slowdown

Despite an overall decline in the newbuild vessel market, orders for alternative-fuelled ships have surged dramatically in 2025, indicating a significant shift in the maritime industry’s approach to decarbonization. According...