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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
Lori Ann LaRocco
via
gCaptain
Resilience Doesn’t Equal Security- Lloyd’s List
Strait of Hormuz transit data for the month of September reveals how the oil and container markets are tactically adjusting to the U.S./Israel war on Iran.
From
The Loadstar
via
gCaptain
Premier Alliance Prepares for Asia-N Europe Services Return to Suez
October will see almost all global ocean carriers make a tentative return to Suez transits on Asia-Europe sailings, after revised pro forma shipping schedules show the Premier Alliance is set to send one of its vessels on the route through the Red Sea and Egyptian waterway.
From
Mike Schuler
via
gCaptain
Nuclear-Powered LNG Carrier Would Cost 2.5 Times More to Build, Study Finds
A nuclear-powered LNG carrier could cost roughly 2.5 times as much to build as a conventional vessel, but lower fuel costs could significantly change the economics over the ship’s operating...
From
Bloomberg
via
gCaptain
Turkey and UN Broker New Talks on Russia-Ukraine Black Sea Truce
(Bloomberg) — Turkey and the United Nations have set up fresh talks in Russia and Ukraine to discuss a Black Sea ceasefire, trying to coalesce scattered efforts to protect grain...
From
Mike Schuler
via
gCaptain
Salvage Work Begins on WWII ‘Time Bomb’ Wreck in Thames Estuary
More than 80 years after the SS Richard Montgomery sank in the Thames Estuary with roughly 1,400 tons of explosives still aboard, marine contractors have begun one of the most delicate interventions...
From
Mike Schuler
via
gCaptain
Alternative-Fuel Ship Orders Surge to Two-Year High
Alternative-fuel ship orders rebounded sharply in the third quarter, with September delivering the strongest monthly total in nearly two years as LNG remained the dominant choice for new vessels. Shipowners...
From
Malte Humpert
via
gCaptain
UK Sanctions Five LNG Carriers in New Russia Package
The United Kingdom has sanctioned five liquefied natural gas carriers as part of a new package of measures targeting Russia's efforts to expand a maritime "shadow fleet" for LNG exports, including three Russian-built Arc7 ice-class vessels intended to support the Arctic LNG 2 project.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Reuters
via
gCaptain
Saudi Arabia Unveils Plans for Multinational Red Sea Maritime Security Coalition
Saudi Arabia on Thursday unveiled plans for a multinational maritime defense coalition aimed at protecting international shipping and energy supply routes in the Red Sea region after attacks by Yemen's Iran-aligned Houthis disrupted one of the world's busiest trade corridors.
From
Reuters
via
gCaptain
Drone Strike Near Suez Canal in Egypt Raises New Security Threat in Widening War
DUBAI, July 30 (Reuters) – A drone strike on gas vessels in Egypt’s Mediterranean port of Damietta signaled a potential new front in the U.S.-Iran war, raising the prospect of threats to navigation through the...
From
Paul Morgan
via
gCaptain
Onboard Carbon Capture Edges Toward Commercial Reality, But Challenges Remain
Onboard carbon capture and storage, OCCS for short, has moved well beyond laboratory work. Several systems are now operating at sea. One full-scale installation is demonstrating capture of around fifty...
From
Mike Schuler
via
gCaptain
Container Spot Rates Fall for Third Straight Week as Demand Continues to Ease
Global container spot freight rates declined for a third consecutive week, with weakening demand and the end of the front-loading surge continuing to weigh on major east-west trade lanes, according...
From
Mike Schuler
via
gCaptain
GAO Warns Gaps in TWIC Program Could Leave U.S. Ports Exposed to Security Risks
A new report from the U.S. Government Accountability Office (GAO) says weaknesses in the Transportation Worker Identification Credential (TWIC) program—including inconsistent communication, incomplete oversight, and delays in deploying biometric card...
From
Bloomberg
via
gCaptain
Qatar Sends First LNG Shipment Through Hormuz in Three Weeks
Qatar has sent its first shipment of liquefied natural gas through the Strait of Hormuz since one of its tankers was attacked in the waterway more than three weeks ago.
From
Reuters
via
gCaptain
London Insurers Widen Red Sea High-Risk Zone After Houthi Attacks
London's marine insurance market has widened the area in the Red Sea it deems as ?high risk after attacks on ships by Yemen's Houthi movement but Egyptian waters were excluded, according to a July 29 advisory.
From
Reuters
via
gCaptain
Middle East War Expands to Mediterranean With Drone Strike at Key Egypt LNG Terminal
Explosions hit a natural gas loading port on the Mediterranean Sea in Egypt on Wednesday, and British maritime security company Ambrey said a U.S.-owned floating storage tanker there had been hit by a drone, in a potential spread of the Middle East war.
From
Bloomberg
via
gCaptain
Trump Warns Iran of ‘Beating’ After Jordan Base Attack
(Bloomberg) — President Donald Trump said the US would hit Iran hard after a recent attack that targeted a military base in Jordan, as the war in the Middle East...
From
Mike Schuler
via
gCaptain
New U.S. Sanctions Target Iran’s Emerging Strait of Hormuz Maritime Services Network
The Trump administration on Wednesday expanded its campaign against Iran’s efforts to control commercial shipping through the Strait of Hormuz, sanctioning two organizations that Treasury says were created to provide...
From
Mike Schuler
via
gCaptain
ABS Sees Floating Offshore Wind Driving Surge in Demand for Support Vessels
Floating offshore wind is set to create a new wave of demand for high-specification offshore support vessels, with supply constraints potentially emerging before the end of the decade, according to...
From
Mike Schuler
via
gCaptain
New Zealand Awards First New Offshore Oil and Gas Exploration Permit Since Reversing Ban
New Zealand has awarded its first new offshore petroleum exploration permit since the government reversed the country’s ban on new offshore oil and gas exploration, marking what officials describe as...