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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
Reuters
via
gCaptain
Trump Set to Tout Korean Investment in Alaska LNG, Other Projects, Sources Say
President Donald Trump could unveil plans as soon as Wednesday to tap South Korea's pledged strategic investment package for about $54 billion to build a liquefied natural gas facility in Alaska and several other major US projects, according to two people familiar with the discussions.
From
Bloomberg
via
gCaptain
JPMorgan and Goldman See Mideast Oil Flows Near Pre-War Levels
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan Chase & Co. and Goldman Sachs Group Inc.
From
Mike Schuler
via
gCaptain
Saronic Wins Navy Production Contract for 180-Foot Autonomous Surface Vessel
Saronic Technologies has won a U.S. Navy production contract for its 180-foot Marauder autonomous surface vessel after completing an at-sea evaluation that put the ship through more than 140 scenarios over eight...
From
Mike Schuler
via
gCaptain
Cheniere Signs 22-Year LNG Supply Deal With Petrobras
Cheniere Energy has signed a 22-year agreement to supply Brazil’s Petrobras with U.S. liquefied natural gas, adding another long-term customer as the company looks to support further expansion of its...
From
Bloomberg
via
gCaptain
Russian Crude Exports Boom Blunted by Kremlin’s Diesel Sales Ban
Russia shipped the most crude in a month-and-a-half, while a jump in prices propelled the value of those cargoes close to the highest since the start of the invasion of Ukraine in 2022. But the benefits to the Kremlin are being undermined by its ban on overseas diesel sales.
From
Paul Morgan
via
gCaptain
Old Hulls, New Money: Why the VLCC Market Has Stopped Counting Years
For most of shipping history, the valuation equation has been straightforward. A ship leaves the yard, begins ageing and progressively loses value. New steel commands the premium. Older steel trades at a discount.
From
Reuters
via
gCaptain
Trump Denies Offering Iran Sanctions Relief, Tehran Says it is Ready for Talks
US President Donald Trump said he has offered Iran nothing to end the war, rejecting media reports that cited US officials saying he was willing to ease sanctions and release frozen funds for "concrete" steps regarding Iran's nuclear program.
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From
Bloomberg
via
gCaptain
Deluge Of Copper Arriving In US Leaves New Orleans With Logjam
By Yvonne Yue Li, James Attwood and Julian Luk Sep 18, 2026 (Bloomberg) –There’s nothing outwardly remarkable about the journey of the Nord Norfolk, a Liberian-flagged bulk carrier sailing across the...
From
Bloomberg
via
gCaptain
US Tariffs Threaten Great Lakes Shipping Tied To Canada Trade
By Brendan Murray Sep 19, 2026 (Bloomberg) –The American Century often draws a crowd when the ship pulls into the Port of Duluth-Superior to load Minnesota iron ore. Kids cheer when the captain...
From
Bloomberg
via
gCaptain
US Reaches Greenland Deal To End Row That Threatened NATO
By Sanne Wass Sep 19, 2026 (Bloomberg) –The US, Denmark and Greenland struck a security deal that expands Washington’s role on the Arctic island, ending for now a long-running diplomatic spat...
From
Bloomberg
via
gCaptain
World Running Short Of Supertankers Threatens Long-Haul Oil Flow
By Yongchang Chin, Sherry Su, Nathan Risser and Alex Longley Sep 19, 2026 (Bloomberg) –The soaring cost of moving oil around the world is making some long-distance crude trades uneconomical, threatening...
From
Reuters
via
gCaptain
US, China Discuss Cutting Tariffs On US LNG Ahead Of Xi Visit
By Jarrett Renshaw Sept 18 (Reuters) – The US and China are discussing a plan to reduce or eliminate China’s tariffs on American LNG as part of a broader package of energy...
From
Mike Schuler
via
gCaptain
AI Error Nearly Triggered U.S. Intercept of Chinese Ship, CNN Reports
A false intelligence report produced with the help of artificial intelligence nearly led the U.S. military to intercept and board a Chinese ship in the Middle East during the war...
From
Lori Ann LaRocco
via
gCaptain
Shipping’s New Normal: Slower Trade, Higher Costs, Bigger Profits
By Lori-Ann LaRocco – It’s a good time to be an ocean carrier or tanker owner. The slower trade caused by bottlenecks stemming from the U.S. war with Iran, Russia’s...
From
Bloomberg
via
gCaptain
Another Tanker Suffers Failure as Crew Suspect Cyber Attack
A liquefied natural gas tanker bringing fuel from the US to Europe suffered a systems failure that the crew reported as a suspected cyber attack, according to people familiar with the matter.
From
Reuters
via
gCaptain
London’s Marine Insurers Widen Black Sea High Risk Zone as Shipping Attacks Surge
London's marine insurance market has widened the area in the Black Sea it deems as ?high risk as the Ukraine-Russia conflict escalates, according to an advisory issued this week.
From
Reuters
via
gCaptain
Trump Returns to UN as Iran War Spreads Across Shipping Chokepoints
WASHINGTON, Sept 18 (Reuters) – When President Donald Trump addressed the United Nations a year ago, he touted the US bombing of Iran’s nuclear sites just months earlier as “totally obliterating everything” and...
From
Mike Schuler
via
gCaptain
Three Tanker Attacks Hit Hormuz as Saudi Oil Is Forced Back Toward Strait
A new burst of attacks on commercial shipping in the Strait of Hormuz is hitting just as Saudi Arabia is being forced to send more oil back through the waterway...
From
Mike Schuler
via
gCaptain
U.S. Sanctions Crypto Exchange Tied to Iran’s Hormuz Transit Payments
The United States has sanctioned an Iranian cryptocurrency exchange that Treasury says was used to move payments collected from ships transiting the Strait of Hormuz into Iran’s financial system. The...