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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
Iran Blacklists 46 Ships On Hormuz ‘Non-Compliant’ List
Iran has published a list of 46 vessels it says violated its arrangements for transiting the Strait of Hormuz, warning that the ships could face fines, detention, seizure or confiscation...
From
Mike Schuler
via
gCaptain
U.S. Threatens Iran’s Trading Partners in New Economic Pressure Campaign
Treasury Secretary Scott Bessent threatened economic punishment against any country doing business with Iran as part of what he called an “economic D-Day” campaign to isolate the country and end nearly six months of war.
From
Mike Schuler
via
gCaptain
U.S. Takes Next Step Toward Nuclear-Powered Commercial Ships
The U.S. Maritime Administration has signed an agreement with nuclear technology developer CORE POWER to explore a pathway toward U.S.-flagged nuclear-powered commercial ships, expanding the Trump administration’s push to bring...
From
Mike Schuler
via
gCaptain
Trump Administration Launches Sweeping New Iran Sanctions Campaign Targeting Shipping and Oil Trade
The Trump administration on Monday launched a sweeping new economic campaign against Iran, expanding the threat of secondary sanctions to the shipping sector while targeting dozens of companies, individuals and...
From
Malte Humpert
via
gCaptain
Canada Bets $11 Billion on Six New Icebreakers as Arctic Shipbuilding Race Accelerates
Canada is committing more than C$11 billion ($7.95 billion) to build six new icebreakers for the Canadian Coast Guard, the country’s biggest shipbuilding contract in Quebec’s history, as Arctic nations race to replace aging fleets and expand their ability to operate in increasingly strategic northern waters.
From
Mike Schuler
via
gCaptain
Cost to Ship a VLCC Through Hormuz Hits $20 Million, TotalEnergies CEO Says
By Mitchell Ferman and Alex Longley (Bloomberg) — The cost of shipping oil cargoes on a supertanker through the Strait of Hormuz is about $20 million, the boss of TotalEnergies SE...
From
Mike Schuler
via
gCaptain
Houthis Escalate Saudi Shipping Campaign With VLCC Strike
UKMTO says a tanker was struck by an unknown projectile about 63 nautical miles west of Yanbu, Saudi Arabia, early Monday, sparking a fire on the main deck. All crew...
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From
Chris Swift
via
Barchart
Shootin' the Bull about a desire to own cattle
With a belief, not to be confused with fact, that a portion of the buying that has lifted the feeder cattle index, causing a flurry of activity in feeder cattle futures, is due to the desire to own cattle to place on wheat.
From
Mike Schuler
via
gCaptain
MAIB: Fatal Mooring Line Accident Reveals Gaps in Safety Protocols
U.K. Marine Accident Investigation Branch (MAIB) has released its report into a fatal accident** aboard the Isle of Man-registered bulk carrier Mona Manx, revealing a series of safety lapses that...
From
Austin Schroeder
via
Barchart
Soybeans Failing to Push Higher on Positive Export Data
Soybeans are failing to get much upside reaction to the export business announced this morning or the better than expected Export Sales report. Futures are down 12 to 14 cents at midday an near the intraday lows. CmdtyView’s national front month Cash Bean price is down 12 1/4 cents at...
From
Austin Schroeder
via
Barchart
Wheat Heading Lower on Thursday Amid Dollar Pressure
The three wheat markets are heading lower so far on Thursday, with the US dollar index hitting a 1 year high. Chicago SRW futures are down 1 to 2 cents across the nearbys. KC HRW contracts are closing with losses of 5 to 6 cents at midday. MPLS spring wheat...
From
Austin Schroeder
via
Barchart
Corn Sliding at Midday, as Export Business as Expected
Corn is facing some midday pressure on Thursday as contracts are down 3 to 4 cents at midday. The national average Cash Corn price from cmdtyView was down 3 1/4 cents at $4.03 1/2 per bu. Export Sales data from this morning showed a total of 1.495 MMT of 2024/25...
From
Mike Schuler
via
gCaptain
VARD Secures Major Contract for Five Advanced Walk-to-Work Vessels in Offshore Energy Sector
VARD has secured a contract to design and construct five state-of-the-art Walk-to-work vessels for an international client. The vessels, based on the VARD 3 32 design, will serve offshore platforms...
From
Mike Schuler
via
gCaptain
US Ports Sector Outlook Stable for 2025 Despite Economic Headwinds, Moody’s Reports
The US ports sector is poised for a year of modest growth in 2025, according to a recent Moody’s Ratings report. Despite facing economic challenges, the industry’s outlook remains stable,...
From
Reuters
via
gCaptain
Container Shipping Hedges Green Transition With Dual-Fuel Vessel Orders
Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe.
From
Mike Schuler
via
gCaptain
Adani Group Chairman Indicted in $250 Million Bribery Scandal
Gautam S. Adani, chairman of the Adani Group and a key figure in India’s ports and shipping sector, has been indicted along with seven other senior business executives in connection...
From
Reuters
via
gCaptain
U.S. Sets Up Task Force to Back Philippines in South China Sea
The U.S. military is supporting Philippine operations in the South China Sea via a special task force, a U.S. embassy official said on Thursday, an initiative Manila said involves intelligence, surveillance and reconnaissance.
From
Mike Schuler
via
gCaptain
Australia Bans Dutch Cargo Ship for 180 Days Over Repeated Safety Violations
The Australian Maritime Safety Authority (AMSA) has issued a 180-day ban on the Netherlands-flagged general cargo ship Marsgracht, prohibiting its entry into Australian ports. The action comes in response to recurring...
From
Mike Schuler
via
gCaptain
UK Cracks Down on Russian Oil Sanctions Evasion: New Advisory Targets Falsified Origin Certificates
The UK’s sanctions enforcement agency said it has identified cases where falsified documents are being used to evade a Group of Seven price cap on Russian oil exports.