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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
Iran Threatens to Go On Offensive in Strait of Hormuz if Diplomacy With US Fails
Iran has decided to shift its policy from defensive to "fully offensive" due to the deadlock in efforts to agree a permanent end to its war with the United States, a senior Iranian official told Reuters on Monday.
From
Mike Schuler
via
gCaptain
Trump Administration Moves Closer to Pacific Seabed Mining Lease Sale
The Trump administration is moving closer to a potential offshore critical minerals lease sale near the Northern Mariana Islands, advancing another piece of its broader effort to develop seabed mineral...
From
Mike Schuler
via
gCaptain
Nine Workers Killed at Hong Kong Convention-Certified Shipbreaking Yard in Bangladesh
Nine workers were killed after being exposed to toxic gas while dismantling an LNG carrier at a shipbreaking yard in Bangladesh, renewing scrutiny of safety conditions at South Asian recycling...
From
Mike Schuler
via
gCaptain
Panama Canal Marks 112 Years With an Eye on the Future
The Panama Canal marked its 112th anniversary over the weekend with vessel traffic on the rise, even as officials prepare for a strengthening El Niño that is again putting pressure...
From
Mike Schuler
via
gCaptain
Armed Pirates Hijack Cargo Ship Off Somalia
A cargo ship has been hijacked off the coast of Somalia after eight armed attackers boarded the vessel and seized control, according to the United Kingdom Maritime Trade Operations center....
From
Reuters
via
gCaptain
Russia’s Black Sea Novorossiysk Port Resumes Oil Loadings After Drone Attack, Sources Say
Russia's main Black Sea oil port of Novorossiysk resumed operations on Sunday after halting loadings on Friday following a drone attack, two trading sources said.
From
Bloomberg
via
gCaptain
Asian Refiners Ask to Pick Up Saudi Oil Outside Risky Red Sea
Some Asian refiners are pushing back against Saudi Aramco’s request that they pick up their oil at Yanbu on the Red Sea, due to the difficulty of finding ships willing to sail through the dangerous waterway.
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From
Reuters
via
gCaptain
UK PM Starmer Calls Channel Incident Involving Russian Warship ‘Reckless’
British Prime Minister Keir Starmer said on Wednesday the firing of warning shots by a Russian frigate to divert a UK-flagged civilian yacht near British territorial waters was reckless and deeply concerning.
From
Mike Schuler
via
gCaptain
Port of Los Angeles Cargo Volumes Rise in May as Import Surge Continues
The Port of Los Angeles handled 840,165 twenty-foot equivalent units (TEUs) in May, marking a 17% increase from the same month last year as importers continued to move cargo amid...
From
Mike Schuler
via
gCaptain
U.S. Military Guidance Reveals High-Risk Reality of Hormuz’s ‘Southern Highway’
As Washington and Tehran move toward implementing a memorandum of understanding aimed at ending months of conflict, a newly circulated U.S. military document is offering the clearest picture yet of...
From
Reuters
via
gCaptain
Trump Administration to Immediately Lift Iranian Oil Sanctions Under New Agreement
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a senior U.S. official said on Tuesday.
From
Malte Humpert
via
gCaptain
UK Targets New Arctic LNG 2 ‘Shadow Fleet’ Vessels as Russia Scrambles for Tankers
Britain on Tuesday imposed sanctions on four liquefied natural gas carriers linked to Russia's Arctic LNG 2 project, becoming the first G7 country to target the latest vessels acquired to expand exports from the sanctioned Arctic development.
From
Reuters
via
gCaptain
QatarEnergy Ready to Restart LNG Output, Reach Current Capacity in One Month, Source Says
QatarEnergy is ready to resume liquefied natural gas production at its Ras Laffan LNG plant very quickly and could reach within a month full output of facilities unaffected by Iranian strikes, a person with knowledge of the matter told Reuters on Tuesday.
From
Bloomberg
via
gCaptain
Europeans Wary of Committing Naval Power to Hormuz Quickly
European officials are wary of committing naval ships that could be placed in danger because US President Donald Trump wants to open up the Strait of Hormuz as quickly as possible.
From
Mike Schuler
via
gCaptain
Maersk Keeps Gulf Restrictions in Place Despite Hormuz Reopening Push
Maersk is keeping significant cargo restrictions and emergency surcharges in place across the Persian Gulf, offering the latest sign that commercial shipping remains far from normal despite recent announcements of...
From
Paul Morgan
via
gCaptain
Hormuz Is Reopening. Shipping’s Old Playbook Isn’t.
As the reports of a deal between the US and Iran are top headlines, again, shipowners will be looking at the financial implications and alternatives if Iran’s plan to charge...
From
Reuters
via
gCaptain
The U.S. Is Using an Iranian Smuggling Tactic to Sneak Oil Out of the Gulf
The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as well as helicopters in an operation to guide convoys to awaiting tankers.
From
Bloomberg
via
gCaptain
US at Odds With Allies Over How Easy It Is to Reopen Hormuz
US President Donald Trump keeps repeating that the Strait of Hormuz — through which one fifth of the world’s oil and liquefied natural gas supplies normally flow — will reopen by Friday.
From
Mike Schuler
via
gCaptain
UK Charges Indian Captain of Russian Shadow Fleet Tanker
The captain of a tanker detained by British authorities during a high-profile operation targeting Russia’s shadow fleet has been charged with violating UK sanctions on Russian oil exports. The UK’s...