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
Washington State Awards $714.5 Million Ferry Contract to Eastern Shipbuilding
Washington Governor Bob Ferguson has selected Florida-based Eastern Shipbuilding Group to build three new 160-vehicle hybrid-electric ferries in a contract valued at $714.5 million. The Washington State Ferries (WSF) will...

From
Reuters
via
gCaptain
German Government Still in Talks With Thyssenkrupp Over Naval Spin-Off
The German government is still in talks with Thyssenkrupp TKAG.DE over a spin-off of its naval ship building division TKMS, officials said on Wednesday, after a report said Berlin had no plans to take a stake.

From
Reuters
via
gCaptain
Venezuela’s Oil Exports on The Rise as More Cargoes Head to China
Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as the loss of the U.S. and European markets was offset by more cargoes sent to China, according to shipping data and documents.

From
Malte Humpert
via
gCaptain
Gas Carrier Dashes Across Arctic Ocean in Just 10 Days Delivering Russian LNG to Asia
The 172,846 cbm LNG carrier Georgiy Ushakov crossed the Arctic from Russia’s Yamal Peninsula to the Bering Strait in less than 10 days passing through extensive late-winter sea ice. The Arc7 ice-class gas tanker was accompanied by the nuclear icebreaker Yamal for part of the 2,500 nautical mile journey.

From
Mike Schuler
via
gCaptain
U.S. Grain Exports Rise Despite Chinese Tariffs
U.S seaborne grain exports increased 9% year-over-year during the first half of 2025, despite significant challenges from Chinese tariffs, according to a new analysis from BIMCO. “During the first half...

From
Mike Schuler
via
gCaptain
Ørsted Terminates Wind Turbine Installation Vessel Agreement with Cadeler as Hornsea 4 Project Halted
Copenhagen-based offshore wind installation specialist Cadeler A/S (NYSE: CDLR / OSE: CADLR) announced today that Ørsted A/S has terminated their long-term agreement for a newbuild A-Class wind turbine installation vessel....

From
Mike Schuler
via
gCaptain
Major Cocaine Bust: UK Border Force Seizes Record Shipment at London Gateway
In one of the UK’s largest drug seizures of the past decade, UK Border Force officers have seized cocaine with an estimated street value of £96 million (USD 130 million)...
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From
Mike Schuler
via
gCaptain
DOT Secretary Duffy Pledges Support for Merchant Marine Academy Amid Infrastructure Challenges
U.S. Transportation Secretary Sean P. Duffy delivered a candid keynote address to the U.S. Merchant Marine Academy’s Class of 2025 graduation ceremony on Monday, acknowledging the significant infrastructure challenges faced...

From
Mike Schuler
via
gCaptain
The Strait That Never Shuts: History and Markets Defy Iran’s Latest Hormuz Threat
Despite numerous threats throughout its history, the Strait of Hormuz has never been fully closed to maritime traffic—a testament to its critical importance in global energy supply chains. According to...

From
Reuters
via
gCaptain
Opinion: Iran Oil Doomsday in Hormuz May be More Fear Than Reality
U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran to disrupt vital exports of oil and gas from the region, sparking a surge in energy prices. But history tells us that any disruption would likely be short-lived.

From
Mike Schuler
via
gCaptain
InterManager Takes Stand Against Seafarer Criminalization Ahead of Day of the Seafarer
The maritime industry’s leading ship management body has issued a strong call against the criminalization of seafarers ahead of the global Day of the Seafarer celebration on June 25th. InterManager,...

From
Mike Schuler
via
gCaptain
Edison Chouest, HD Hyundai Team Up to Bring Dual-Fuel Containership Construction to U.S.
South Korean shipbuilder HD Hyundai has entered into a strategic partnership with Edison Chouest Offshore (ECO) to construct commercial vessels in the United States. The partnership, formalized at ECO’s New...

From
Mike Schuler
via
gCaptain
U.S. Strikes in Iran Raise Alarms Over Security of American-Affiliated Ships in Middle East
Maritime security firms have issued urgent advisories following U.S. military strikes on Iranian nuclear facilities, warning of heightened risks to commercial shipping in the Middle East’s critical waterways. The strikes,...

From
Malte Humpert
via
gCaptain
Russian Nuclear Icebreakers Clear Path For First LNG Delivery of the Year to Asia via Arctic
Russia’s Yamal LNG project has dispatched the first gas carrier in the direction of Asia via the Northern Sea Route. Two nuclear icebreakers, Yamal and Vaygach, set off ahead of Georgiy Ushakov to scout ahead and escort the LNG vessel. Georgiy Ushakov has reached the East Siberian Sea and is currently following behind nuclear icebreaker Yamal as the two ships encounter thicker remaining winter sea ice.

From
Reuters
via
gCaptain
LNG Canada Produces First Liquefied Natural Gas For Export
By Curtis Williams HOUSTON, June 22 (Reuters) – The Shell-led SHEL.L LNG Canada project has produced the first liquefied natural gas for export from its facility in Kitimat, British Columbia, two people familiar with the startup...

From
Bloomberg
via
gCaptain
Shipping On High Alert In Mideast After US Strikes On Iran
By Alex Longley and Viktoria Dendrinou Jun 22, 2025, 5:10 AM (Bloomberg) –The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate against commercial vessels...

From
Bloomberg
via
gCaptain
Greece Tells Ships To Reassess Hormuz Journeys After US Strikes
By Alex Longley and Viktoria Dendrinou Jun 22, 2025 (Bloomberg) –Greece’s shipping ministry advised the nation’s vessel owners to review the use of the Strait of Hormuz after the US conducted...

From
Reuters
via
gCaptain
What Is The Strait Of Hormuz And Why Is It So Important For Oil?
June 22 (Reuters) – Iran’s top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, after parliament reportedly backed the measure...

From
Bloomberg
via
gCaptain
Trump’s Airstrikes On Iran Leave Oil Market Poised For Surge
By Alex Longley and Yongchang Chin Jun 21, 2025 (Bloomberg) –The oil market has been wrestling for days with Donald Trump’s next act in an escalating Middle East conflict. Now American...