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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
Reuters
via
gCaptain
Canada’s Davie Sees US Shipyards as Key to Winning Icebreaker Contract
The owner of Canadian firm Davie Shipbuilding said on Wednesday that the key to winning a contract to build icebreakers for the United States is to develop local shipbuilding capacity there.
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,...
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.
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...
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....
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....
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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From
Bloomberg
via
gCaptain
CK Hutchison Profit Plunges 92% on One-Off Loss From Merger
CK Hutchison Holdings Ltd.’s profit fell 92% in the first half of the year, due to a one-time and non-cash loss on account of the merger of its telecommunications arm with Vodafone Group Plc.
From
Mike Schuler
via
gCaptain
Michigan Maritime Training School Owner Pleads Guilty to Falsifying Captain’s Course Records
A St. Clair County man has pleaded guilty to falsifying records for students seeking to become credentialed merchant mariners, potentially endangering safety on the Great Lakes. The case is the...
From
Mike Schuler
via
gCaptain
Container Rates Stabilize After Tariff-Driven Volatility as Market Braces for Second-Half Contraction
Drewry’s World Container Index decreased 3% to $2,350 per 40ft container this week, marking the ninth consecutive week of decline as the market continues to stabilize following months of extreme...
From
Mike Schuler
via
gCaptain
West Coast Ports Smash Records as Shippers Rush Ahead of Trump Tariffs
The Port of Los Angeles recorded its busiest month in its 117-year history this July, handling over 1 million Twenty-Foot Equivalent Units (TEUs) as retailers and manufacturers accelerate shipments amid...
From
Mike Schuler
via
gCaptain
Hapag-Lloyd Posts Solid Half-Year Results Despite Red Sea Crisis and Volatile Trade Environment
Hapag-Lloyd has reported a solid financial performance for the first half of 2025, achieving a Group EBITDA of USD 1.9 billion despite ongoing challenges in global shipping markets. The German...
From
Bloomberg
via
gCaptain
India’s Trade Gap Widens to 8-Month High as Imports Rise
India’s trade deficit widened to an eight-month high in July, as the rise in inbound shipments outpaced the growth in exports.
The gap between exports and imports stood at $27.35 billion last month, data showed Thursday.
From
Reuters
via
gCaptain
Hutchison Sees “Reasonable Chance” of $22.8 bln Ports Sale Going Through
CK Hutchison 0001.HK said on Thursday its $22.8 billion ports business sale had a "reasonable chance" of going through after a plan to add a Chinesemajor strategic investor to the buying consortium, as it tries to navigate through Sino-U.S. tensions.
From
Mike Schuler
via
gCaptain
West Coast Ports Smash Records as Shippers Rush Ahead of Trump Tariffs
Both the Port of Los Angeles and Port of Long Beach recorded their busiest July ever as importers accelerate shipments amid concerns over impending tariffs, creating a stark contrast with...
From
Mike Schuler
via
gCaptain
New York Launches Landmark Hybrid-Electric Ferry Service to Governors Island
The Trust for Governors Island has unveiled the Harbor Charger, New York State’s first hybrid-electric public ferry. The vessel enters service today, coinciding with the 20th anniversary of Governors Island...
From
Reuters
via
gCaptain
Venture Global Eyes More Wins After Shell Arbitration Victory
Liquefied natural gas producer Venture Global expects to win its remaining arbitration cases against major energy companies following its victory against Shell, CEO Mike Sabel said on Wednesday.
From
Bloomberg
via
gCaptain
Ukraine Claims Attack on Hub for Major Russian Oil Pipelines
Ukraine claimed a strike on an important hub for Russia’s network of crude-exporting pipelines, though flows from the system to Europe seem to remain uninterrupted for now.
From
Mike Schuler
via
gCaptain
Tariff Pause Propels Port of Long Beach to Record-Breaking July
The Port of Long Beach has achieved its most active July on record and the third-busiest month in its 114-year history, driven by a temporary pause in tariffs that boosted...