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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
Mike Schuler
via
gCaptain
Crew Member Dies in Accident Aboard Tidewater Supply Vessel Off U.S. East Coast
A crew member has died following a maritime incident aboard the US-flagged Tidewater vessel POLARIS on June 2, while conducting operations in the Atlantic Ocean. Tidewater confirmed the fatality in...
From
Reuters
via
gCaptain
Ethane Embargo? Washington Freezes Ethane Flows to China, Citing Military Risk
By Arathy Somasekhar, Georgina McCartney and Trixie Yap HOUSTON/SINGAPORE, June 6 (Reuters) – Over half a dozen U.S.-loaded ethane vessels, originally bound for China, have stalled around the U.S. Gulf Coast after Washington requested U.S. exporters...
From
Lori Ann LaRocco
via
gCaptain
Allianz Warns EV Fire Risks at Sea ‘Not Under Control’
By Lori Ann LaRocco – Global insurer Allianz Commercial warns the Morning Midas fire is the latest example of an underling safety problem facing seafarers. Captain Rahul Khanna, Global Head of Marine...
From
Mike Schuler
via
gCaptain
New OFAC Sanctions Target Iranian Shadow Banking and Tanker Network
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sweeping sanctions against an Iranian shadow banking network, targeting over 30 individuals and entities linked to...
From
The Loadstar
via
gCaptain
Container Spot Rates Surge as June GRIs Kick In
Container spot freight rates on the transpacific and Asia-Europe trades saw a massive jump this week, as a series of 1 June general rate increases (GRIs) took effect and held for the remainder of the week.
From
Mike Schuler
via
gCaptain
Coast Guard Overflight Footage Reveals Fire Spreading on Morning Midas Car Carrier Off Alaska Coast
A Coast Guard C-130J Super Hercules aircrew conducted an overflight of the burning car carrier Morning Midas on Wednesday, revealing the fire has spread to multiple decks and the vessel...
From
Mike Schuler
via
gCaptain
Containership’s Back-to-Back Breakdowns Prompt New Zealand Crackdown on Substandard Ships
The Transport Accident Investigation Commission (TAIC) of New Zealand has called for legislative changes to ban substandard ships from the country’s waters following a series of incidents involving the containership...
From
Reuters
via
gCaptain
North Korea’s Warship Launched After Botched First Attempt, KCNA Says
North Korea has launched a warship that was damaged in May upon its attempted first launch, state media KCNA reported on Friday. After restoring the balance of the 5,000-tonne destroyer earlier in June, it was launched on Thursday and is now moored at a pier, KCNA said.
From
Mike Schuler
via
gCaptain
DHS Cancels $260M Coast Guard Cutter Contract with Huntington Ingalls
Department of Homeland Security Secretary Kristi Noem announced today the cancellation of a delayed Legend-class National Security Cutter contract with Huntington Ingalls Industries (HII), resulting in $260 million in taxpayer...
From
Reuters
via
gCaptain
U.S. Trade Deficit Narrows Sharply in April as Imports Post Record Drop
The U.S. trade deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed, which could provide a lift to economic growth this quarter.
From
Reuters
via
gCaptain
The Tariff-Fueled Container Rally May Be Running Out of Steam
Container shipping rates continued their climb this week, fueled by the temporary tariff pause between the U.S. and China, but there are signs that demand underpinning the surge is moderating, financial analysts and maritime consultants said.
From
Mike Schuler
via
gCaptain
DOJ Files Criminal Charges Against Ship Captain for Sexual Assault at Sea
The U.S. Department of Justice has filed criminal charges against former ship captain John Merrone for allegedly drugging and sexually assaulting a U.S. Merchant Marine Academy cadet aboard the American-flagged...