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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
Bloomberg
via
gCaptain
Trump Rejects Iran Truce Extension as Oil Tops $90
The prospects for peace in the Middle East suffered a fresh setback, with President Donald Trump saying he’s not interested in extending the expiring agreement with Iran and fighting flaring anew in Lebanon.
From
Bloomberg
via
gCaptain
Abu Dhabi Wealth Fund L’imad’s Ports Deal Signals Growing Role
Abu Dhabi wealth fund L’imad Holding is offering to buy out minority shareholders in the city’s port operator valuing the firm at 31.8 billion dirhams ($8.66 billion), potentially bolstering the emirate’s efforts to build out infrastructure that could help it bypass the Strait of Hormuz.
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....
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From
Bloomberg
via
gCaptain
Suez Canal Gets Oil-Tanker Boost Amid Hormuz Strait Shutdown
The number of oil tankers crossing Egypt’s Suez Canal surged by almost a third in April and drove revenue to the highest since early 2024, as the closure of the Strait of Hormuz spurred an alternative Red Sea energy route.
From
Mike Schuler
via
gCaptain
Shipping’s Ammonia Era Begins as EXMAR Receives Landmark Newbuild
Swiss marine engine developer WinGD and Belgian gas shipping company EXMAR have announced the delivery of what they describe as the world’s first ocean-going vessel designed to operate on ammonia fuel, marking a major...
From
Reuters
via
gCaptain
Two Crew Missing After Suspected U.S. Strike on Tanker off Oman
Two crew members were missing and one injured on Wednesday after a suspected U.S. missile strike on a tanker off the coast of Oman, maritime officials said.
From
Lori Ann LaRocco
via
gCaptain
Only One U.S. Port Makes Global Top 50 as Asia and Middle East Dominate
The Port of Philadelphia was the only U.S. port to rank among the world’s top 50 container ports in the Container Port Performance Index (CPPI) 2025, jointly issued by the...
From
Bloomberg
via
gCaptain
Suez Canal Gets Oil-Tanker Boost Amid Hormuz Strait Shutdown
The number of oil tankers crossing Egypt’s Suez Canal surged by almost a third in April and drove revenue to the highest since early 2024, as the closure of the Strait of Hormuz spurred an alternative Red Sea energy route.
From
Reuters
via
gCaptain
Two Crew Missing After Suspected US Strike on Tanker off Oman
Two crew members were missing and one injured on Wednesday after a suspected U.S. missile strike on a tanker off the coast of Oman, maritime officials said.
From
Malte Humpert
via
gCaptain
EU Imports of Russian Arctic LNG Surge Despite New Restrictions, Spain Leads May Buying
European Union imports of Russian liquefied natural gas from the Arctic Yamal LNG project continue to climb in the first five months of 2026 despite the bloc’s efforts to phase out Russian fossil fuel purchases and new restrictions targeting some LNG contracts.
From
Paul Morgan
via
gCaptain
Airbus Goes to Sea: How a French Shipowner and Chinese Shipyard Are Reinventing the Atlantic Supply Chain
Last weekend’s launch of a ro-ro cargo vessel at a riverside shipyard in Wuhan may not have commanded the same attention as an Airbus A320 rolling off the production line...
From
Mike Schuler
via
gCaptain
EIA Sees Weak Global Oil Demand Limiting Price Spike from Hormuz Disruption
The U.S. Energy Information Administration (EIA) has lowered its outlook for global oil demand in 2026, saying weaker consumption could help cap oil price increases even as disruptions continue to...
From
Mike Schuler
via
gCaptain
Billion-Dollar USV Builder Saronic Scores Operational Milestone in Oman Rescue
A U.S. Navy-operated autonomous surface vessel (ASV) built by Saronic rescued two U.S. Army aviators after their AH-64 Apache helicopter crashed off the coast of Oman, marking what appears to...
From
Mike Schuler
via
gCaptain
IMO Chief Warns No Safe Passage Exists in Hormuz Despite Rising Traffic Claims
The head of the International Maritime Organization (IMO) has issued one of his strongest warnings yet on conditions in the Strait of Hormuz, saying the waterway remains too dangerous for...
From
Reuters
via
gCaptain
U.S. Energy Secretary Says Ship Traffic Through Hormuz Increasing ‘Meaningfully’
U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a deal on ending their more than three-month-old war.