.svg){kind=icon}
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
No Lights, No Radio: Getting Oil Through Hormuz Is a Risky Job
The tanker captain summoned his years of experience when he saw the blast in front of him. He veered his 300-meter-long ship around the vessel ahead and could see a fire had started. He called the US Navy to tell them of the attack.
From
Reuters
via
gCaptain
Alaska LNG Could Cost More Than Double Gulf Coast Rivals, Raising Questions Over Economics
US President Donald Trump's push to steer $54 billion of South Korean investment into Alaska LNG is putting a fresh focus on a 20 million-ton-a-year export project that would cost more than twice as much as a comparable US Gulf Coast plant.
From
Mike Schuler
via
gCaptain
UK Hits Eight Russian Ships in New Sanctions Package
The United Kingdom has imposed sanctions on eight ships as part of a broader package targeting Russian energy revenues, maritime logistics and individuals accused of supporting Moscow’s war in Ukraine....
From
Mike Schuler
via
gCaptain
Another Tanker Hit in Strait of Hormuz as Attacks Continue
A tanker has been struck by an unknown projectile while transiting the Strait of Hormuz, the latest in a string of attacks that have emerged over the past several days...
From
gCaptain
via
gCaptain
U.S. Targets Iran’s Rail and Shadow Banking Networks as Maritime Blockade Tightens
The Trump administration expanded its economic campaign against Iran on Thursday, targeting the country’s rail system, major industrial companies and a Russia-linked shadow banking network that U.S. officials say has...
From
Lori Ann LaRocco
via
gCaptain
Resilience Doesn’t Equal Security- Lloyd’s List
Strait of Hormuz transit data for the month of September reveals how the oil and container markets are tactically adjusting to the U.S./Israel war on Iran.
From
The Loadstar
via
gCaptain
Premier Alliance Prepares for Asia-N Europe Services Return to Suez
October will see almost all global ocean carriers make a tentative return to Suez transits on Asia-Europe sailings, after revised pro forma shipping schedules show the Premier Alliance is set to send one of its vessels on the route through the Red Sea and Egyptian waterway.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Bloomberg
via
gCaptain
Qatari LNG Ship Struck in Strait of Hormuz, Testing US Talks
A laden liquefied natural gas carrier was hit by a projectile near the Omani coast as it exited the Strait of Hormuz, heightening unease among shipowners and testing a US-Iran agreement intended to halt attacks in the waterway.
From
Mike Schuler
via
gCaptain
Tanker Struck by Projectile Near Hormuz, Sparking Fire
A tanker was struck by an unknown projectile late Monday while transiting just east of the Strait of Hormuz, the latest security incident in one of the world’s most strategically...
From
Capital Link
via
gCaptain
GMS Sees U.S. Recycling License as Blueprint to Retire Shadow Fleet Vessels
Global ship recycler Global Marketing Systems (GMS) says a recent U.S. government license authorizing the recycling of four sanctioned vessels could provide a long-sought legal pathway for retiring aging ships...
From
Bloomberg
via
gCaptain
The Tanker Tycoon Making Millions on Hormuz Shuttle Runs
Just a few weeks into the war, one of the Persian Gulf’s top oil producers quietly began sneaking its crude out of the Strait of Hormuz. Before long, the covert project became so successful that the United Arab Emirates was already approaching its pre-war rate of flows through the waterway by the time the US and Iran signed their interim peace deal.
From
Mike Schuler
via
gCaptain
Panama Canal Deepens Draft Restrictions as El Niño Strengthens
The Panama Canal Authority (ACP) will further reduce the maximum authorized draft for vessels transiting its Neopanamax locks later this summer, tightening restrictions as forecasts point to a strengthening El...
From
Mike Schuler
via
gCaptain
IMO Council Opens With Maritime Security, Hormuz, and Piracy High on Agenda
The International Maritime Organization (IMO) opened its 137th Council session in London on Monday with maritime security at the forefront, as Secretary-General Arsenio Dominguez highlighted continued instability around the Strait of Hormuz, a...
From
Paul Morgan
via
gCaptain
The Engine Room Problem And Why Machinery Failure Remains Shipping’s Dominant Risk
Every year, Allianz Commercial publishes its Safety and Shipping Review, and every year the shipping industry's commentators reach for the same headline: the long-term decline in total losses, the improving safety record, the falling incident numbers.
From
Mike Schuler
via
gCaptain
Lockheed Martin to Acquire Ultra Maritime for $3.45 Billion in Undersea Defense Push
Lockheed Martin has agreed to acquire undersea warfare technology company Ultra Maritime from private equity firm Advent in a deal valued at $3.45 billion, expanding its capabilities in anti-submarine warfare...
From
Mike Schuler
via
gCaptain
IMO Chief Urges Immediate Release of 44 Seafarers Held by Somali Pirates
The head of the International Maritime Organization (IMO) has called for urgent international action to secure the release of 44 seafarers being held captive by pirates in Somali waters, warning...
From
Mike Schuler
via
gCaptain
Maersk and Hapag-Lloyd Expand Suez Canal Return With AE15 Service
Maersk and Hapag-Lloyd are taking another cautious step toward restoring container shipping through the Suez Canal, announcing that their AE15 service will transition from the Cape of Good Hope back...
From
Malte Humpert
via
gCaptain
China Sends Four Polar Research Vessels Into Arctic as U.S. Scrutiny Grows
China has launched its annual Arctic summer expedition with four major research vessels heading north, expanding a polar presence that has increasingly drawn the attention of U.S. lawmakers and military planners following last year’s unprecedented Chinese operations near Alaska.
From
Bloomberg
via
gCaptain
Indonesia, Singapore Reaffirm Free Passage in Strait of Malacca
Indonesia and Singapore pledged anew to keep the Strait of Malacca open as Middle East tensions reignite concerns about the freedom of navigation in the world’s most important waterways.