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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
U.S. Moves Embassy Staff Amid Growing Iran Confrontation
The United States is preparing a partial evacuation of its Iraqi embassy and will allow military dependents to leave locations around the Middle East due to heightened security risks in the region, U.S. and Iraqi sources said on Wednesday.
From
Mike Schuler
via
gCaptain
Davie to Acquire Texas Shipyards, Seeking to Supercharge U.S. Icebreaker Production
Canadian shipbuilder Davie announced today its plans to acquire shipbuilding assets in Galveston and Port Arthur, Texas from Gulf Copper & Manufacturing Corporation, marking a significant expansion into the U.S....
From
Mike Schuler
via
gCaptain
Pentagon Calls Shipbuilding a Top Priority, But Congress Says Budget Falls Short
The Department of Defense has placed shipbuilding at the heart of its FY2026 strategy, pledging $5.9 billion to revitalize the U.S. maritime industrial base amid growing concerns over China’s naval...
From
Mike Schuler
via
gCaptain
Fire-Stricken Wan Hai 503 Continues to Drift Off Indian Coast as Salvage Efforts Intensify
The Singapore-flagged container vessel MV Wan Hai 503 remains adrift approximately 42 nautical miles off Beypore, Kerala, carrying 2,128 MT of fuel and hazardous cargo, posing an ongoing environmental risk....
From
Reuters
via
gCaptain
Trump Says U.S.-China Trade Deal ‘Done’ as Rare Earths, Tariffs Take Center Stage
A U.S.-China trade deal is "done," U.S. President Donald Trump said on Wednesday, hours after negotiators from Washington and Beijing agreed on a framework to get a fragile trade truce back on track and remove Chinese export restrictions on rare earth minerals and other critical industrial components.
From
Mike Schuler
via
gCaptain
Maritime Industry Leaders Signal Growing Concern Over Political Instability and Cyber Threats
The International Chamber of Shipping (ICS) released its Maritime Barometer Report 2024-2025 today in Athens, revealing a deepening concern among maritime leaders about their ability to navigate an increasingly complex...
From
Mike Schuler
via
gCaptain
UKMTO Issues Alert to Shipping as US-Iran Nuclear Tensions Rise
The United Kingdom Maritime Trade Operations Office (UKMTO) has issued an advisory to shipping warning of potential military escalation in the Arabian Gulf region that could directly impact maritime operations....
From
Reuters
via
gCaptain
Chinese Aircraft Carriers in Pacific Show Country’s ‘Expansionist’ Aims, Taiwan Says
The two Chinese aircraft carriers spotted conducting simultaneous operations in the Pacific for the first time send a political message about the country's "expansionist" aims, Taiwan Defence Minister Wellington Koo said on Wednesday.
From
Mike Schuler
via
gCaptain
Global Disruptions Drive Containership Fleet to Near Full Capacity, Alphaliner Says
The global container shipping industry is experiencing unprecedented levels of fleet utilization, with commercial idle capacity hitting a remarkable low of just 0.6% of the world’s 32.0 Mteu fleet, according...
From
Mike Schuler
via
gCaptain
Trump’s War on Offshore Wind Claims New Victim as New Jersey Project Collapses
Atlantic Shores Offshore Wind has terminated its 1.5-gigawatt offshore wind project in New Jersey, marking a significant setback for the U.S. offshore wind industry amid mounting federal opposition. The project,...
From
Mike Schuler
via
gCaptain
Austal Disputes Hanwha’s Claims About U.S. Regulatory Approval for 100% Ownership
Australian shipbuilder Austal Limited (ASX: ASB) has challenged South Korean defense giant Hanwha Group’s announcement regarding U.S. regulatory approval for increased ownership, creating uncertainty around the potential acquisition. In a...
From
Bloomberg
via
gCaptain
China Sends Two Carriers Into Pacific in First-Ever Dual Deployment Near Japan
A Chinese aircraft carrier made one of its deepest forays into the Pacific Ocean over the weekend as Beijing continues to project its military power further from its shores. The Liaoning and three other Chinese naval vessels were seen on Saturday around 300 kilometers (some 185 miles) southwest of the remote, uninhabited Japanese island of Minamitori, according to a statement from Japan’s Joint Chief of Staff.