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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
China’s Shipbuilding Market Share Plummets as U.S. Port Fees Loom
Chinese shipyards have seen their global market share drop dramatically from 72% to 52% in the first half of 2025, according to a new analysis from BIMCO. “In the first...
From
Mike Schuler
via
gCaptain
WinGD Makes History with First Commercial Ammonia-Fueled Marine Engine
Swiss marine power company WinGD has achieved a significant milestone in maritime decarbonization with the successful delivery and installation of the world’s first ammonia-fuelled two-stroke marine engine. The X52DF-A engine...
From
Malte Humpert
via
gCaptain
U.S. Coast Guard’s Newest Icebreaker ‘Storis’ Arrives in Seattle, Prepares for First Arctic Patrol
The U.S.’ newly acquired icebreaker Storis (formerly Aiviq) arrived in Seattle following a six-week voyage from Bollinger Shipyards in Mississippi. “In a historic journey that marked the start of her legendary service as a Coast Guard icebreaker, the Coast Guard Cutter Storis sailed from Mississippi, transited the Panama Canal, and made her way to Seattle for the first time,” said Capt. Corey Kerns commanding officer of Storis.
From
Reuters
via
gCaptain
Trump Fires White House Shipbuilding Adviser as US Maritime Strategy Falters
WASHINGTON, July 15 (Reuters) – Two senior officials at the White House National Security Council have left their roles in recent days, according to two sources familiar with the moves,...
From
Mike Schuler
via
gCaptain
Canadian Shipbuilder Seaspan Signs Steel MoU for Polar Icebreaker Project
Seaspan Vancouver Shipyards has signed a Memorandum of Understanding with Ontario-based Stigterstaal Canada and Algoma Steel Inc. to establish a domestic steel supply chain for shipbuilding in Canada. The agreement,...
From
Reuters
via
gCaptain
US Delays Rule on Gulf of Mexico Whale Protections by Two Years
U.S. President Donald Trump's administration will delay by two years a final rule designating protections for the endangered Rice's whale in the oil and gas drilling region of the Gulf of Mexico, according to an agreement with environmental groups filed in a federal court.
From
Mike Schuler
via
gCaptain
Genco Shipping Secures $600 Million Credit Facility to Fuel Growth
Genco Shipping & Trading Limited (NYSE:GNK), the largest U.S.-headquartered drybulk shipowner, has closed a $600 million revolving credit facility that will provide “significant capacity to pursue accretive growth opportunities.” The...
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From
Editorial
via
gCaptain
Maritime EO and SHIPS Act Target Critical Gaps Blocking Military Vets from Merchant Marine Roles
Opinion By Nate Gilman President of Mariner Credential Service LLC, Commander Ander S Heiles, USN and Grant Greenwell, AFNI,
From
Mike Schuler
via
gCaptain
OFAC Adds Multiple Shipping Entities and Two Vessels to SDN List in Iran-Linked Sanctions Update
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has expanded its Specially Designated Nationals (SDN) List to include several maritime entities and vessels linked to Iranian...
From
The Loadstar
via
gCaptain
Carriers Roll Out Rate Increases Amid US-China Tariff Pause
After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting an early peak season on the transpacific eastbound trade, and have announced surcharges of $1,000-$2,000 per 40ft, said container shipping consultancy Linerlytica today.
From
Austin Schroeder
via
Barchart
Wheat Turning Higher on Tuesday
The wheat market is posting a turnaround Tuesday trade, with winter wheats posting gains. Chicago SRW futures are 3 to 4 cents in the green at Tuesday’s midday. There were 8 deliveries issued against May CBT wheat overnight. Kansas City HRW futures are trading with 3 to 4 cent gains...
From
Austin Schroeder
via
Barchart
Soybeans Rallying Higher off Early Losses
Soybeans are trading with contracts up 2 to 5 cents in the green, well off the morning lows. The cmdtyView Cash Bean price is up 3 1/4 cents to $10.23 1/4. Soymeal futures are down $4.90 so far on the day, with Soy Oil futures rallying 170 points into the...
From
Austin Schroeder
via
Barchart
Corn Falling Lower at Tuesday’s Midday
The corn market is facing pressure at Tuesday’s midday, with contracts down 4 to 7 cents. There were another 67 deliveries issued against May overnight. The nearby CmdtyView national average Cash Corn price was down 1 1/2 cents at $4.19 1/2. Crop Progress data from Monday afternoon showed the US...
From
Mike Schuler
via
gCaptain
GPS Spoofing Suspected in Containership’s Grounding Near Jeddah Port
Maritime AI specialist Windward reports that GPS spoofing likely caused the containership MSC ANTONIA to run aground near the Eliza Shoals close to Jeddah Port on May 10, 2025. The...
From
Jim Wyckoff
via
Barchart
Watch the Weather: Here’s Where Corn, Soybean, and Wheat Futures Could Be Headed Next
A weather-market rally could trigger big upside price moves this summer in grain futures.
From
Mike Schuler
via
gCaptain
Crowley Expands Caribbean Service with Second LNG-Powered Containership
Crowley has launched its second LNG-powered containership in the Avance Class fleet, expanding its ocean shipping capabilities in the Caribbean Basin. The vessel, named Copán after a significant Mayan archaeological...
From
Reuters
via
gCaptain
India Approves More Russian Insurers to Provide Marine Cover
India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government notification shows, helping Moscow maintain oil supplies to a key market.
From
Reuters
via
gCaptain
World’s First Commercial-scale E-methanol Plant Opens in Denmark
The world's first commercial-scale e-methanol plant began operations in Denmark on Tuesday, with shipping giant Maersk MAERSKb.CO set to buy part of the production as a low-emission fuel for its fleet of container ships.
From
Reuters
via
gCaptain
Egypt’s Suez Canal Offers 15% Discount For Big Container Ships to Win Back Trade
Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ships offset rising insurance costs, its authorities said on Tuesday.