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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
Canada’s Most Powerful Icebreaker Reaches North Pole
Canada’s largest and most powerful icebreaker has reached the North Pole as part of a multi-year effort to map the country’s continental shelf and reinforce its presence in the Arctic....
From
Mike Schuler
via
gCaptain
Army Corps Greenlights Major New Container Terminal on Mississippi River
The U.S. Army Corps of Engineers has granted the federal permit needed to build the Louisiana International Terminal, clearing a major regulatory hurdle for the planned deepwater container terminal on...
From
Mike Schuler
via
gCaptain
Antin Acquires Vigor Marine Group as U.S. Shipyard Investment Grows
Antin Infrastructure Partners has completed its acquisition of Vigor Marine Group from an affiliate of Lone Star Funds, bringing one of the largest U.S. ship repair and marine services groups...
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...
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From
Mike Schuler
via
gCaptain
First Woman to Lead Panama Canal Named as Waterway Faces Rising Global Pressure
Panama President José Raúl Mulino announced Thursday that Ilya Espino de Marotta has been selected as the next administrator of the Panama Canal, making her the first woman to lead one of the world’s most...
From
Bloomberg
via
gCaptain
Iran and Oman Discuss Hormuz Toll Regime as Rubio Warns ‘It Can’t Happen’
Iran is discussing with Oman how to set up some form of a permanent toll system that will formalize its control of maritime traffic through the Strait of Hormuz.
From
Reuters
via
gCaptain
US House Foreign Affairs Committee Chair Warns of China Role in Argentina Contract Bid
U.S. House Foreign Affairs Committee Chairman Rep. Brian Mast has warned U.S. Secretary of State Marco Rubio of “Chinese malign influence” in a bid for a major contract in Argentina, according to a letter seen by Reuters.
From
Mike Schuler
via
gCaptain
Panama Canal Near Capacity as Hormuz Crisis Drives Surge in U.S. Energy Exports
Traffic through the Panama Canal is climbing sharply as disruption in the Strait of Hormuz drives more U.S. energy exports toward Asia and Pacific markets, pushing the waterway close to...
From
Mike Schuler
via
gCaptain
IMO Adopts First-Ever Global Rules for Autonomous Ships
The International Maritime Organization has adopted the world’s first international framework governing autonomous commercial ships, marking a major milestone in shipping’s push toward remotely operated and fully autonomous vessels. The new non-mandatory...
From
Mike Schuler
via
gCaptain
Drewry: Container Spot Rates Continue Climb as Early Peak Season Gains Momentum
Container freight rates continued their upward march this week as carriers pushed ahead with higher pricing on major East-West trade lanes amid signs that the traditional peak shipping season is...
From
Bloomberg
via
gCaptain
Saudi $1 Trillion Wealth Fund Weighs Creating a Logistics Giant
Saudi Arabia’s sovereign wealth fund is considering consolidating transport and supply-chain assets to create a logistics giant that can attract foreign investment and better serve the kingdom’s trade hubs amid the upheaval caused by the Iran war.
From
Reuters
via
gCaptain
No Full Hormuz Flows Until First Half of 2027, UAE’s Oil Giant Says
Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the head of the United Arab Emirates' state oil firm ADNOC said.
From
Mike Schuler
via
gCaptain
Iran Draws New Maritime ‘Oversight Zone’ Across Strait of Hormuz
Iran’s self-declared Persian Gulf Strait Authority (PGSA) has published what appears to be the clearest geographic definition yet of the maritime zone it claims authority over in the Strait of...
From
Reuters
via
gCaptain
Inside Iran’s Expanding Hormuz Transit System: Checkpoints, Diplomatic Deals and Passage Fees
The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel between island checkpoints through the Strait of Hormuz.
From
Mike Schuler
via
gCaptain
U.S. Marines Board Iranian Tanker in Gulf of Oman
U.S. Marines boarded and redirected an Iranian-flagged oil tanker in the Gulf of Oman on Tuesday as Washington continued tightening enforcement of its maritime blockade targeting vessels trading with Iran....
From
Mike Schuler
via
gCaptain
WinGD Lands World-First Ethanol Engine Order for Vale Ore Carriers
Swiss engine designer WinGD has secured the maritime industry’s first confirmed order for ethanol-fuelled two-stroke engines powering ocean-going bulk carriers, marking another major milestone in shipping’s race toward alternative fuels. The company...