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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
U.S., Iran Near Deal to Reopen Strait of Hormuz After Months of War
The United States and Iran signaled on Friday that an agreement to end their war was close, with a senior U.S. administration official saying both sides had agreed on a text and that Washington expects to sign an initial deal in the coming days.
From
Bloomberg
via
gCaptain
Shipowners Owners Brace for Hormuz Reopening as Peace Deal Nears
Shipowners are watching warily for a peace deal between the US and Iran and what it would mean for the Strait of Hormuz, with some tanker owners expressing caution, while others were already predicting a frantic free-for-all if the waterway opens in earnest.
From
Reuters
via
gCaptain
Lost Gulf Oil Exports Far Smaller Than Thought, Traders and Shippers Say
Since the start of the Iran war and Tehran's announcement that the Strait of Hormuz was "closed," the market has grappled to put a figure on lost crude supply and to predict the price of oil.
From
Reuters
via
gCaptain
Indians Grieve and Call for Action After US Strike Kills Seafarers
DEORIA, India, June 12 (Reuters) – Sushila Devi sat sobbing on the floor of her house in Deoria, northern India after authorities told her that her husband was one of three sailors...
From
Bloomberg
via
gCaptain
US Ships Escort Oil Tankers Through Hormuz at Night, Burgum Says
(Bloomberg) — U.S. forces are helping move millions of barrels through the Strait of Hormuz under the cover of darkness, sometimes escorting more than 20 ships per night out of...
From
Mike Schuler
via
gCaptain
ABS and HD Hyundai Partner on U.S.-Flagged Tanker Design as Shipbuilding Ties Deepen
ABS and South Korea’s HD Hyundai Heavy Industries (HD HHI) have launched a joint development project aimed at supporting the design of a U.S.-flagged 50,000 deadweight ton oil and chemical...
From
Mike Schuler
via
gCaptain
Shipping Industry Condemns Attacks on Seafarers as Hormuz Death Toll Reaches 14
The world’s largest shipping industry organizations have issued a joint condemnation of attacks on commercial shipping in and around the Strait of Hormuz, warning that seafarers are increasingly paying the...
From
Bloomberg
via
gCaptain
US, Iran Edge Toward Interim Deal Signing Close to G7 Next Week
The US and Iran may sign an agreement to reopen the Strait of Hormuz on the sidelines of the Group of Seven world leaders summit next week, according to senior officials.
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Names Kodiak, Seward as Homeports for New Arctic Security Cutters
The U.S. Coast Guard will homeport its first two Arctic Security Cutters in Kodiak, Alaska, with a third cutter planned for Seward once supporting infrastructure is ready, marking a major...
From
Mike Schuler
via
gCaptain
Tanker Industry Advisory Sheds New Light on Trump’s Secret Hormuz Transit Operation
President Donald Trump’s claim that a covert U.S. military operation has helped hundreds of commercial ships transit the Strait of Hormuz appears to be corroborated by an advisory earlier this...
From
Mike Schuler
via
gCaptain
Trump Administration Vows to Offset Hormuz Tolls With Seized Iranian Funds
The Trump administration is signaling that any payments made by commercial vessels to Iran’s self-declared Strait of Hormuz transit authority could ultimately be recovered from Iranian assets, adding a new...
From
Reuters
via
gCaptain
Hundreds of BHP Workers Back Strike at Key Australian Iron Ore Export Hub
Hundreds of BHP workers BHP.AX at Port Hedland in Western Australia voted in favor of taking strike action, two unions said on Thursday, raising the ?risk of disruptions to iron ore shipments from one of the world's biggest export hubs.