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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
UK Hits Eight Russian Ships in New Sanctions Package
The United Kingdom has imposed sanctions on eight ships as part of a broader package targeting Russian energy revenues, maritime logistics and individuals accused of supporting Moscow’s war in Ukraine....
From
Mike Schuler
via
gCaptain
Another Tanker Hit in Strait of Hormuz as Attacks Continue
A tanker has been struck by an unknown projectile while transiting the Strait of Hormuz, the latest in a string of attacks that have emerged over the past several days...
From
gCaptain
via
gCaptain
U.S. Targets Iran’s Rail and Shadow Banking Networks as Maritime Blockade Tightens
The Trump administration expanded its economic campaign against Iran on Thursday, targeting the country’s rail system, major industrial companies and a Russia-linked shadow banking network that U.S. officials say has...
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...
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From
Mike Schuler
via
gCaptain
CMA CGM, Stonepeak Complete $2.4 Billion United Ports Joint Venture
French shipping and logistics giant CMA CGM and infrastructure investment firm Stonepeak have officially completed the formation of United Ports LLC, finalizing a $2.4 billion joint venture that brings together...
From
Editorial
via
gCaptain
Opinion: The Case for the Jones Act: American Commerce, Workers, Security
ByJames L. Henry – For more than 130 days, President Trump has waived the Jones Act, letting foreign ships carry cargo between American ports. Supporters of the waiver call this...
From
Bloomberg
via
gCaptain
Iranian Oil Hoard Swells Off Malaysia on Weak Chinese Demand
A large cluster of oil tankers laden with Iranian crude are idling off eastern Malaysia, as Chinese independent refiners remain largely absent from the market despite deeper price discounts.
From
Bloomberg
via
gCaptain
Russia Proposes Arming Grain Ships in Azov Sea
Russian officials are proposing arming grain ships with machine guns and mobile missile launchers, as the world’s top wheat exporter tries to counter Ukrainian drone attacks.
From
Reuters
via
gCaptain
Oman Floats Gulf-Backed Plan to Manage Strait of Hormuz With Voluntary Transit Fees
Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it, a Gulf source and a Western diplomat told Reuters on Tuesday.
From
Mike Schuler
via
gCaptain
Korea–U.S. Shipbuilding Partnership Center Launches to Advance $150 Billion MASGA Initiative
The Republic of Korea and the United States have officially launched the Korea–U.S. Shipbuilding Partnership Center (KUSPC) in Washington, D.C., establishing a new hub intended to accelerate joint efforts to...
From
Bloomberg
via
gCaptain
Heat Pushes Rhine Toward 36-Year Low in Risk to Energy Supplies
The Rhine River’s water levels risk dropping to an unprecedented low as heat waves grip Europe, creating a bottleneck for the delivery of coal and fuels inland while raising shipping costs.
From
Reuters
via
gCaptain
Gulf States Back Plan to Let Iran Collect Voluntary Fees to Use Hormuz
Oman has won backing from Gulf states for a plan that would let Tehran collect voluntary fees to use the Strait of Hormuz, a Gulf source told Reuters on Tuesday, a path towards ending the disruption to oil trade caused by the U.S.-Israeli war on Iran.
From
Mike Schuler
via
gCaptain
Tugboat Captain Pleads Guilty in Fatal Biscayne Bay Collision That Killed Three Children
A Miami tugboat captain has pleaded guilty to federal seaman’s manslaughter charges after admitting he operated a tug and barge with obstructed visibility, failed to post a proper lookout, and...
From
Lori Ann LaRocco
via
gCaptain
Reality of the Crude Trade Will Come to a Head Around Midterms
The price of crude is not reflective of the supply reality in the Middle East, and based on crude trade data, the runway left for this crude reality can be felt by the U.S. midterms.
From
Reuters
via
gCaptain
Trump Says US and Tehran Having ‘Good Talks’ as Drones Hit Iran’s Neighbors
President Donald Trump said on Monday that the United States was having "good talks" with Iran and there was a chance of a deal over their conflict, but warned U.S. strikes would resume if the negotiations failed to deliver.
From
Bloomberg
via
gCaptain
India Flags Attack on LPG Tanker in Iran Waters, Says Crew Safe
India’s embassy in Tehran said it is in close contact with authorities after a liquefied petroleum gas tanker, with 28 Indian crew members onboard, came under attack in Iranian territorial waters on Friday.