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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
Reuters
via
gCaptain
Nigerian Navy Seizes 76 Vessels in Two-Year Crackdown on Oil Theft
The Nigerian Navy has arrested 76 vessels and at least 242 suspects in anti-oil theft operations, and destroyed more than 800 illegal refining sites during a two-year crackdown, it said on Thursday.
From
Mike Schuler
via
gCaptain
Vigor Marine Group Combines Key U.S. Shipyards, Strengthening Domestic Maritime Capability
In a major consolidation move aimed at boosting America’s commercial and defense maritime capabilities, five prominent U.S. ship repair and marine service providers — Vigor, Continental Maritime of San Diego,...
From
Mike Schuler
via
gCaptain
Maritime NZ Files Charges Against KiwiRail Following Cook Strait Ferry Grounding
Maritime NZ has filed two charges against KiwiRail under the Health and Safety at Work Act 2015 following a comprehensive investigation into the June 2024 grounding of the Interislander roll-on/roll-off...
From
Bloomberg
via
gCaptain
India’s Largest Port in the Making to Raise $3.5 Billion Debt
The firm building what will become the largest port in India plans to raise as much as 300 billion rupees ($3.5 billion) of debt, giving lenders an opportunity to invest in one of the cornerstones of Prime Minister Narendra Modi’s infrastructure overhaul.
From
Mike Schuler
via
gCaptain
Australia Targets Russia’s Shadow Fleet with First-Ever Sanctions on 60 Vessels
Australia has launched its first sanctions against Russia’s shadow fleet, targeting 60 vessels involved in circumventing international sanctions imposed following Russia’s invasion of Ukraine. The shadow fleet, comprising hundreds of...
From
Mike Schuler
via
gCaptain
Maritime Industry Icon Philippe Louis-Dreyfus Dies at 80
Philippe Louis-Dreyfus, a towering figure in the maritime industry and former president of BIMCO, passed away on June 17 following a sudden illness. As the head of Louis Dreyfus Armateurs,...
From
Bloomberg
via
gCaptain
India May Cut Oil Product Exports If Strait of Hormuz Is Blocked
India is preparing to source crude oil from outside the Persian Gulf and cut its own refined-product exports should the Strait of Hormuz be blocked to ship traffic, Oil Minister Hardeep Puri said Thursday.
About a quarter of the wor
From
Malte Humpert
via
gCaptain
Samsung Cancels Order For Icebreaking Gas Carriers For Russia’s Sanctioned Arctic LNG 2 Project
South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract to build icebreaking LNG carriers in partnership with Russia’s Zvezda shipyard. The ships were intended for transport of liquefied...
From
Mike Schuler
via
gCaptain
Ambrey: Israeli Ships Told to Avoid Red Sea as U.S. Considers Intervention in Israel-Iran Conflict
Maritime security firm Ambrey reports that Israel-affiliated vessels face high risks in the Red Sea region as tensions escalate between Israel and Iran, with potential U.S. involvement raising additional concerns....
From
Mike Schuler
via
gCaptain
ABS Approves Groundbreaking Floating Nuclear Power Module for Maritime Applications
The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for an innovative...
From
Bloomberg
via
gCaptain
Report: China’s COSCO in Talks to Join $19B CK Hutchison Port Sale Amid U.S.-China Tensions
China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people familiar with the matter, in an effort to ease Beijing’s concerns over the controversial deal.
From
Bloomberg
via
gCaptain
Nuclear-Powered Cargo Ships Promise Cleaner, Faster Transport
(Bloomberg) — The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power. Shipping accounts for more planet-warming greenhouse gas emissions than...