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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
Mike Schuler
via
gCaptain
Saronic Wins Navy Production Contract for 180-Foot Autonomous Surface Vessel
Saronic Technologies has won a U.S. Navy production contract for its 180-foot Marauder autonomous surface vessel after completing an at-sea evaluation that put the ship through more than 140 scenarios over eight...
From
Mike Schuler
via
gCaptain
Cheniere Signs 22-Year LNG Supply Deal With Petrobras
Cheniere Energy has signed a 22-year agreement to supply Brazil’s Petrobras with U.S. liquefied natural gas, adding another long-term customer as the company looks to support further expansion of its...
From
Bloomberg
via
gCaptain
Russian Crude Exports Boom Blunted by Kremlin’s Diesel Sales Ban
Russia shipped the most crude in a month-and-a-half, while a jump in prices propelled the value of those cargoes close to the highest since the start of the invasion of Ukraine in 2022. But the benefits to the Kremlin are being undermined by its ban on overseas diesel sales.
From
Paul Morgan
via
gCaptain
Old Hulls, New Money: Why the VLCC Market Has Stopped Counting Years
For most of shipping history, the valuation equation has been straightforward. A ship leaves the yard, begins ageing and progressively loses value. New steel commands the premium. Older steel trades at a discount.
From
Reuters
via
gCaptain
Trump Denies Offering Iran Sanctions Relief, Tehran Says it is Ready for Talks
US President Donald Trump said he has offered Iran nothing to end the war, rejecting media reports that cited US officials saying he was willing to ease sanctions and release frozen funds for "concrete" steps regarding Iran's nuclear program.
From
Mike Schuler
via
gCaptain
Maersk Expands Fuel Options With First U.S. Ethanol Bunkering
A.P. Moller-Maersk has bunkered one of its dual-fuel containerships with 100% U.S.-produced corn ethanol, marking what the company says is the first ship-to-ship commercial ethanol bunkering of a deep-sea container...
From
Mike Schuler
via
gCaptain
Fog of War Deepens in Hormuz as Ship Attacks Go Unreported for Days
The maritime picture in the Strait of Hormuz is becoming harder to verify, with another delayed report of a vessel strike raising questions over how much of the fighting is...
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From
Bloomberg
via
gCaptain
Supertanker Rally Lures Investors as War Squeezes Vessel Supply
A supercharged rally in tanker earnings is attracting new investors to the global shipping industry, as the war in Iran points to how geopolitical crises can drastically curtail the supply of vessels.
From
Mike Schuler
via
gCaptain
Coast Guard Awards $315 Million Kodiak Pier Contract to Support Arctic Fleet Expansion
The U.S. Coast Guard has awarded a $315 million contract to Tutor Perini Corp. to build a new fuel pier and major cutter mooring at Base Kodiak, Alaska, as the service prepares...
From
Reuters
via
gCaptain
Traders Push for Discounts for Venezuelan Oil as Shipping Costs Soar
Global oil trading firms Vitol and Trafigura are pushing for steeper discounts on Venezuelan crude oil as rising freight rates shrink their margins, five sources familiar with the matter said.
From
Bloomberg
via
gCaptain
Shipping Magnate Worth $13.5 Billion Rides AI Boom With Nvidia
Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside her maritime empire with a bet on technology giant Nvidia Corp. after her family office shifted away from private markets.
From
Reuters
via
gCaptain
Zelenskiy Says Ukraine Ready for Maritime Truce if Russia Agrees
resident Volodymyr Zelenskiy told leaders at the United Nations on Wednesday that Ukraine was ready for a maritime truce in the Black Sea based on proposals by Egypt, India and Turkey and said it was now up to Russia to respond.
From
Mike Schuler
via
gCaptain
Container Shipping Faces 2027 Pressure as Huge Orderbook Hits the Water
The container shipping market is still benefiting from geopolitical disruption and longer sailing distances in 2026, but a rapidly expanding fleet could turn that support into a supply problem next...
From
Mike Schuler
via
gCaptain
Trump Takes Aim at IMO Shipping Carbon Plan at UN
President Donald Trump used his address to the United Nations General Assembly on Tuesday to renew his attack on the International Maritime Organization’s Net-Zero Framework, accusing the UN shipping agency...
From
Mike Schuler
via
gCaptain
Seafarer Killed in Hormuz Attack as Trump Pushes Iran Deal at UN
An Indian seafarer has been killed and another crew member injured after a bulk carrier was struck in the Strait of Hormuz, the latest attack on merchant shipping as U.S....
From
Bloomberg
via
gCaptain
US, Korea Hail ‘Significant Progress’ on $350 Billion Trade Deal
Donald Trump and South Korean President Lee Jae Myung hailed “significant progress” on implementing the two countries’ long-stalled investment deal, with lawmakers in Seoul saying the first project would be a $22.3 billion gas-fired power development in Texas.
From
Reuters
via
gCaptain
Death Toll from Capsized Ship in Indonesia Rises to 20 as Search Continues for 115 Missing Passengers
The official death toll from a passenger ship that capsized and sank in Indonesia's Java Sea rose to 20 on Wednesday, up from the previous 10, with rescuers expecting to find more bodies as the ongoing underwater search widens, officials said.
From
Mike Schuler
via
gCaptain
IMO Uncertainty Puts Shipping’s 2030 Fuel Target at Risk
Shipping is running out of time to meet a key 2030 target for zero-emission fuels, even as methanol infrastructure and alternative-fuel vessel capacity continue to expand. A new assessment from...
From
Mike Schuler
via
gCaptain
New York Leads Lawsuits Challenging $1.4 Billion Offshore Wind Buyouts
New York is leading a coalition of states in two new lawsuits challenging Trump administration agreements that would cancel offshore wind leases and redirect roughly $1.4 billion toward liquefied natural...