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
More LNG Getting Through Hormuz as Producers Push for Transits
At least two liquefied natural gas shipments transited the Strait of Hormuz this week as producers look for ways to increase flows to a market struggling with a lack of supply and surging prices.

From
Reuters
via
gCaptain
Authorities Investigating Cyber Breaches Aboard Two U.S.-Bound Ships
US Coast Guard and FBI personnel boarded two commercial vessels bound for the United States in the Gulf of Mexico last month after indications that hackers had broken into their computer networks, the agencies said on Thursday.

From
Paul Morgan
via
gCaptain
Shipping’s Fuel Transition Hinges on a Number Nobody Has Agreed On Yet
International shipping is being asked to decarbonise before it knows what it will burn.

From
Mike Schuler
via
gCaptain
USCGC Healy’s Breakdown Exposes America’s Thin Arctic Icebreaker Fleet
The U.S. Coast Guard’s decision to end icebreaker Healy’s planned high-latitude mission has left the service leaning more heavily on its newest icebreaker during an increasingly active Arctic season. Healy has remained...

From
Mike Schuler
via
gCaptain
IMO Sounds Alarm as Attacks on Merchant Ships Spread Across Global Trade Routes
The head of the International Maritime Organization is calling on governments to stop attacks on merchant shipping as conflicts increasingly spill into some of the world’s most important trade routes....

From
Bloomberg
via
gCaptain
Top U.S. Container Port Foiled Around 120 Million Cyberattacks Last Month
The US’s busiest container port for global trade foiled more than 120 million cyberattack attempts in August, posing a persistent threat to its operations as it grapples with shifting tariff policies.

From
Mike Schuler
via
gCaptain
Foreign Tanker Voyages Went Unreported Under Jones Act Waiver, Bloomberg Finds
Foreign-flagged tankers moved more than $40 million worth of petroleum products between U.S. ports without appearing in the federal government’s public Jones Act waiver reports, according to a Bloomberg Government...

From
Reuters
via
gCaptain
China Presses Iran to Help Rein in Houthis After Saudi Appeal, Sources Say
China has privately asked Tehran to help rein in Yemen's Houthis after an appeal to Beijing by Saudi Arabia following the Iran-backed group's military blitz in the past week, according to three Iranian sources familiar with the matter.

From
Bloomberg
via
gCaptain
Oil Extends Drop as Saudi Arabia Moves to Restore Vital Pipeline
Oil extended a decline on signs that supply disruptions in the Middle East are set to ease, with Saudi Arabia seeking to partially restore flows along a vital pipeline.

From
Malte Humpert
via
gCaptain
Exclusive: China Sends Key Arctic LNG 2 Modules to Russia to Complete Train 2
Two U.S.-sanctioned heavy-lift vessels are carrying critical power-generation modules from China toward Russia’s Arctic LNG 2 project, according to satellite imagery and vessel-tracking data. The shipment is the latest sign that supply chains supporting the sanctioned liquefied natural gas project remain operational despite Western efforts to disrupt them.

From
Mike Schuler
via
gCaptain
From Dali to Titan, NTSB Finds the Same Safety Problems Repeating
The Dali bridge collapse, the implosion of the Titan submersible and the deadly fire aboard the Grande Costa D’Avorio are among 49 marine casualties highlighted in the National Transportation Safety Board’s latest review of accidents...

From
Bloomberg
via
gCaptain
U.S. Tracks Cyber Threats Against Nearly 20 Ships Worldwide
US government agencies are tracking cyber threats against nearly 20 shipping vessels around the world, according to US officials familiar with the situation.