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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
Resolve Marine Mobilizes Salvage Team to Combat Fire on Car Carrier Off Alaska
Zodiac Maritime has appointed Resolve Marine to lead salvage operations for the vehicle carrier Morning Midas, which continues to burn approximately 300 miles south of Adak, Alaska. The incident began...
From
Reuters
via
gCaptain
Red Sea Shipping Traffic Rises After Houthis Narrowed Targets
Red Sea marine traffic has increased by 60% to 36-37 ships a day since August 2024, but is still short of volumes seen before Yemen's Houthis began attacking ships in the region, according to the commander of the EU's Aspides naval mission.
From
Mike Schuler
via
gCaptain
Transpacific Freight Rates Surge Amid Trump Tariff Turmoil
Global container shipping rates have seen a dramatic upturn, with Drewry’s World Container Index climbing 41% this week to reach $3,527 per 40ft container. This increase stems from President Trump’s...
From
Bloomberg
via
gCaptain
Burning Ship Abandoned in Pacific Carried Several Chinese Car Brands
A cargo ship that was abandoned in the middle of the Pacific Ocean after catching fire Tuesday was carrying cars from several Chinese automakers, according to people familiar with the matter.
From
Mike Schuler
via
gCaptain
Photos: Car Carrier ‘Morning Midas’ Catches Fire with Electric Vehicles Off Alaska
The U.S. Coast Guard is coordinating response efforts after a fire broke out aboard the vehicle carrier Morning Midas approximately 300 miles south of Adak, Alaska. The response began when...
From
Mike Schuler
via
gCaptain
Severe Weather Causes $2 Million Towing Vessel Casualty Near Galveston
The National Transportation Safety Board (NTSB) has released its findings on the capsizing and sinking of the towing vessel Baylor J. Tregre near Galveston, Texas, which occurred on May 13,...
From
Bloomberg
via
gCaptain
Iran Oil Flows to China Fall on Sanctions, Refinery Maintenance
Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in the world’s biggest fossil fuel importer.
From
Mike Schuler
via
gCaptain
U.S. Coast Guard’s New Arctic Icebreaker USCGC Storis Sets Sail on Maiden Voyage
The U.S. Coast Guard has marked a significant milestone in its Arctic capabilities with the maiden voyage of its newest icebreaker, USCGC Storis (WAGB 21), departing from Pascagoula, Mississippi. The...
From
Mike Schuler
via
gCaptain
Ocean Economy Hits $2.2 Trillion as Environmental and Trade Tensions Mount, UNCTAD Reports
Ocean-based sectors have emerged as a cornerstone of global trade, reaching a significant milestone of $2.2 trillion in 2023, accounting for 7% of world trade. A new Global Trade Update...
From
Malte Humpert
via
gCaptain
US Coast Guard Responding to Fire on Car Carrier ‘Morning Midas’ Off Coast Of Alaska; 800 Electric Vehicles On Board
The US Coast Guard is reporting no injuries among the 22 crew aboard the medium-size car carrier. Morning Midas is capable of carrying around 6,000 motor vehicles.
The vessel departed from Yantai, China on May 26 with destination Lázaro Cárdenas, Mexico where it was expected on June 15. According to shipping database Equasis the 2006 Morning Midas is owned by Hawthorn Navigation Inc. out of London with management by Zodiac Maritime Limited.
From
Malte Humpert
via
gCaptain
Russia’s ‘Shadow Fleet’ Loads First LNG in Eight Months Signaling Breakthrough in Search for Buyer
After months of inactivity Russia’s nascent fleet of sanctioned LNG carriers is on the move again. The 79,800-cbm Arctic Mulan (ex-Mulan) pulled alongside the 360,000-cbm Koryak FSU inside Bechevinskaya Bay in Kamchatka late on June 2. The LNG carrier has been in ballast for the past five months suggesting that it will be receiving cargo from the storage barge.
From
Reuters
via
gCaptain
North Korea pulls capsized warship upright after botched launch, report says
North Korea appears to have returned to an upright position its stricken Choe Hyun Class destroyer that partially capsized during a botched launching ceremony, U.S. researchers said on Wednesday.