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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
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
Mike Schuler
via
gCaptain
Hormuz Crisis Leaves Lasting Mark on Oil Markets as Demand Slumps, IEA Says
The International Energy Agency has sharply downgraded its outlook for global oil demand, warning that months of conflict centered on the Strait of Hormuz have fundamentally altered trade flows, drained...
From
Mike Schuler
via
gCaptain
Iranian Tankers Reappear as Crude Exports Show Signs of Restart After Hormuz Deal
Iranian crude oil exports are showing signs of life again after a two-month naval blockade, with several Iranian-linked tankers reappearing on AIS and heading out through the Gulf of Oman...
From
Bloomberg
via
gCaptain
Oil Tankers U-Turn, Rush to Middle East Before Hormuz Reopening
Two oil tankers heading toward Africa have u-turned in the Indian Ocean this week, switching their destinations to the Middle East as shipowners race to re-position vessels ahead of the possible reopening of the Strait of Hormuz.
From
Reuters
via
gCaptain
UK PM Starmer Calls Channel Incident Involving Russian Warship ‘Reckless’
British Prime Minister Keir Starmer said on Wednesday the firing of warning shots by a Russian frigate to divert a UK-flagged civilian yacht near British territorial waters was reckless and deeply concerning.
From
Mike Schuler
via
gCaptain
Port of Los Angeles Cargo Volumes Rise in May as Import Surge Continues
The Port of Los Angeles handled 840,165 twenty-foot equivalent units (TEUs) in May, marking a 17% increase from the same month last year as importers continued to move cargo amid...
From
Mike Schuler
via
gCaptain
U.S. Military Guidance Reveals High-Risk Reality of Hormuz’s ‘Southern Highway’
As Washington and Tehran move toward implementing a memorandum of understanding aimed at ending months of conflict, a newly circulated U.S. military document is offering the clearest picture yet of...
From
Reuters
via
gCaptain
Trump Administration to Immediately Lift Iranian Oil Sanctions Under New Agreement
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a senior U.S. official said on Tuesday.
From
Malte Humpert
via
gCaptain
UK Targets New Arctic LNG 2 ‘Shadow Fleet’ Vessels as Russia Scrambles for Tankers
Britain on Tuesday imposed sanctions on four liquefied natural gas carriers linked to Russia's Arctic LNG 2 project, becoming the first G7 country to target the latest vessels acquired to expand exports from the sanctioned Arctic development.
From
Reuters
via
gCaptain
QatarEnergy Ready to Restart LNG Output, Reach Current Capacity in One Month, Source Says
QatarEnergy is ready to resume liquefied natural gas production at its Ras Laffan LNG plant very quickly and could reach within a month full output of facilities unaffected by Iranian strikes, a person with knowledge of the matter told Reuters on Tuesday.
From
Bloomberg
via
gCaptain
Europeans Wary of Committing Naval Power to Hormuz Quickly
European officials are wary of committing naval ships that could be placed in danger because US President Donald Trump wants to open up the Strait of Hormuz as quickly as possible.
From
Mike Schuler
via
gCaptain
Maersk Keeps Gulf Restrictions in Place Despite Hormuz Reopening Push
Maersk is keeping significant cargo restrictions and emergency surcharges in place across the Persian Gulf, offering the latest sign that commercial shipping remains far from normal despite recent announcements of...
From
Paul Morgan
via
gCaptain
Hormuz Is Reopening. Shipping’s Old Playbook Isn’t.
As the reports of a deal between the US and Iran are top headlines, again, shipowners will be looking at the financial implications and alternatives if Iran’s plan to charge...