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....
The APS Information Center
For detailed updates and additional resources, explore our resources section.

From
Bloomberg
via
gCaptain
Why Lars Jensen Is Driving 40,000 Miles Across Africa to Study the Future of Trade
At nearly 40 years old, Lars Jensen’s Volkswagen camper van appeals to him mostly for its lack of modern features. The vehicle he calls “Sally” is just the right rig to drive around Africa over the next 18 months to explore the world’s most promising supply chain frontier.

From
Mike Schuler
via
gCaptain
Peak Season and Hormuz Crisis Fuel New Surge in Container Shipping Rates
Container freight rates are rising sharply across major east-west trades as the conflict in the Middle East, disruption at key Asian transshipment hubs, and growing fears of an energy crisis...

From
Mike Schuler
via
gCaptain
U.S. Boards Sanctioned Tanker as Iran Maritime Blockade Expands Into Indian Ocean
U.S. forces boarded a sanctioned tanker in the Indian Ocean overnight as Washington continued expanding a maritime enforcement campaign targeting vessels accused of supporting Iran’s oil trade. In a statement...

From
Bloomberg
via
gCaptain
Mercuria Lawyers Say Government Deals Got Oil Through Hormuz
Mercuria Energy Group Ltd. has moved oil through the Strait of Hormuz through government-brokered deals, according to legal filings that shine a rare light on how commodity traders are navigating the closely watched waterway during the Iran war.

From
Mike Schuler
via
gCaptain
Maritime Labor Coalition Renews Call to End Jones Act Waiver on Law’s 106th Anniversary
U.S. maritime labor leaders used the 106th anniversary of the Jones Act on Friday to renew calls for the Trump administration to end its emergency waiver program, arguing the policy...

From
Mike Schuler
via
gCaptain
Panama Canal to Reduce Neopanamax Draft Limit as El Niño Concerns Mount
The Panama Canal Authority (ACP) will reduce the maximum authorized draft for vessels transiting its Neopanamax locks beginning July 3, citing concerns over the potential development of El Niño conditions...

From
Reuters
via
gCaptain
US Forces Board Sanctioned Tanker in Indian Ocean, Pentagon Says
U.S. forces conducted an interdiction of the sanctioned stateless oil tanker Davina overnight in the Indian Ocean, the U.S. military's Indo-Pacific Command said on Friday.

From
Malte Humpert
via
gCaptain
Satellite Images Capture Sanctioned Russian LNG Carrier’s Rare Early-Season Arctic Transit
Satellite imagery has captured the sanctioned Russian liquefied natural gas carrier Christophe de Margerie making a rare early-season eastbound voyage along the Northern Sea Route under escort from the nuclear icebreaker Ural, a transit that has only been attempted twice before at this time of year.

From
Bloomberg
via
gCaptain
Jan de Nul Wins Contract to Dig Argentina’s $10 Billion Waterway
Belgian dredger Jan de Nul NV and local partner Servimagnus SA won a 25-year contract on Thursday from Argentina’s government to upgrade the nation’s chief trade route in a concession overshadowed by accusations of Chinese influence.

From
Mike Schuler
via
gCaptain
NOAA Advances Deep Sea Minerals Application in Latest U.S. Seabed Mining Move
Deep Sea Minerals Corp. says it has cleared an important regulatory hurdle in its effort to explore for critical minerals on the Pacific seabed after receiving a “substantial compliance” determination...

From
Mike Schuler
via
gCaptain
Alternative-Fuel Ship Orders Slow as Owners Hedge Fuel Bets
Orders for alternative-fuelled vessels continued in May but remain well below last year’s pace, highlighting a more cautious and diversified approach to decarbonization investments across the global shipping industry. According...

From
Mike Schuler
via
gCaptain
Coast Guard Unveils New Digital Mariner Credentialing Platform Amid Massive Backlog
The U.S. Coast Guard is preparing to launch a new digital credentialing platform aimed at overhauling how mariners apply for and receive Merchant Mariner Credentials (MMCs), marking the agency’s latest...