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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
Asleep at the Helm: Fatigue Blamed in Prawn Boat Sinking
The UK Marine Accident Investigation Branch (MAIB) has published its investigation report into the November 2023 grounding and subsequent total loss of the prawn trawler Sustain (UL 45) at Loch Broom, Scotland....
From
Mike Schuler
via
gCaptain
NTSB Underscores Critical Role of Smoke Detectors After Fishing Vessel Fire and Sinking
The National Transportation Safety Board (NTSB) is highlighting the importance of properly placed smoke and fire detectors following its investigation of a September 2024 fire aboard the fishing vessel Tarka II near...
From
Mike Schuler
via
gCaptain
U.S. Sanctions Iranian Oil Smuggling Networks and Shadow Fleet Vessels
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed new sanctions on multiple networks involved in transporting and purchasing billions of dollars’ worth of Iranian...
From
Bloomberg
via
gCaptain
Tensions Are Starting to Brew Over Waterways for U.S. LNG Cargoes
One of the US largest exporters of liquefied natural gas, Venture Global Inc., is raising questions over how to share a common waterway with a planned neighbor — it’s a move that underscores a coming bottleneck for shipping space in an energy sector that the Trump administration is supporting for increased exports.
From
Mike Schuler
via
gCaptain
UK’s Needlefish: Kuwait Deploys World’s Most Advanced Unmanned Maritime Surveillance Vessel
Kuwait has launched the world's most advanced unmanned surface vehicle (USV) as part of a $213 million maritime surveillance contract with British firms SRT Marine Systems and Ocean Infinity. The vessel, called 'Needlefish,' represents a significant leap forward in maritime security technology.
From
Mike Schuler
via
gCaptain
Two Crew Members Charged in Fatal Singapore Tanker Collision
Two crew members from the Singapore-registered oil tanker Hafnia Nile have been charged under the country’s Merchant Shipping Act following a collision that resulted in one death and serious injuries...
From
Bloomberg
via
gCaptain
Fincantieri Taps New U.S. CEO Amid American Shipbuilding Revival
Fincantieri SpA is set to appoint George Moutafis as head of its US unit, according to people familiar with the matter, betting on an American shipbuilding revival under President Donald Trump.
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From
Reuters
via
gCaptain
China’s Iran Oil Imports Surge in June on Rising Shipments
China's oil imports from Iran surged in June as shipments accelerated before the recent conflict between Israel and Iran and demand from independent refineries improved, analysts said.
From
Malte Humpert
via
gCaptain
U.S. Coast Guard Icebreaker ‘Healy’ Heads To Arctic for Multi-Month Deployment
U.S. Coast Guard Cutter Healy has reached the Arctic Ocean marking the beginning of its annual Arctic deployment in support of science missions. The icebreaker departed from Seattle on Thursday, June 20 and entered the Bering Sea five days later.
From
Mike Schuler
via
gCaptain
Salvage Industry Showed Signs of Recovery in 2024
The International Salvage Union (ISU) has released its annual statistics for 2024, revealing a modest recovery in the salvage industry compared to past years with gross revenue for ISU members...
From
Mike Schuler
via
gCaptain
Ro-Ro ‘Ville de Bordeaux’ Saves 568 Tons of Fuel with Wind Propulsion Technology
Spain-based bound4blue’s eSAIL® is reporting that its wind propulsion technology has shown significant fuel savings on the Louis Dreyfus Armateurs (LDA) owned Ville de Bordeaux ro-ro vessel, according to third-party assessment...
From
Reuters
via
gCaptain
Ships Near Hormuz Sending Unusual Messages to Deter Attacks
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked as doubts linger over the ceasefire between Israel and Iran, according to maritime risk analytics firm Windward and ship tracking data on Thursday.
From
Reuters
via
gCaptain
Oil Tanker Rates Fall as Hormuz Tensions Subside
Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping and insurance industry sources said on Thursday.
From
Bloomberg
via
gCaptain
Global Goods Trade Gains as Tariff Fears Speed Imports, WTO Says
Global merchandise trade accelerated in the World Trade Organization’s latest assessment, with a surge in imports tied to tariff stockpiling outweighing a slowdown in export orders.
From
Mike Schuler
via
gCaptain
Viceroy Seaglider Takes Flight—Sort Of—in First Crewed Foil Test
REGENT Craft has announced the successful completion of its first crewed foil-mode testing of the Viceroy seaglider prototype, marking a significant advancement in the vessel’s sea trials. This milestone follows...
From
Mike Schuler
via
gCaptain
Hong Kong Convention Enters Into Force: A New Era for Sustainable Ship Recycling
After nearly two decades of work, the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) has officially entered into force today, June...
From
Reuters
via
gCaptain
EU to Canvass Leaders at Summit on Resolving US Tariff Conflict
European Union leaders are to tell the European Commission on Thursday if they want a quick trade deal with the United States at the cost of Washington getting better terms, or to escalate the fight in hope of something better.
From
Malte Humpert
via
gCaptain
U.S. in Talks to Buy 15 Icebreakers from Finland, Trump Says at NATO Summit
U.S. efforts to expand the country’s icebreaker fleet continue to pick up steam. At the NATO summit in The Hague President Trump confirmed that the U.S. was in negotiations with Finland to buy up to 15 icebreakers from the country, including acquiring a used vessel available currently.
From
Mike Schuler
via
gCaptain
Trump Hints at Easing Iran Oil Sanctions to Aid Reconstruction
President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran - including restrictions on sales of Iranian oil - but signaled a potential easing in enforcement to help the country rebuild.