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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
Mike Schuler
via
gCaptain
South Korea’s Hanwha Cleared to Boost Control of U.S. Navy Shipbuilder Austal
Hanwha Group has received clearance from the Committee on Foreign Investment in the United States (CFIUS) to increase its shareholding in Australian shipbuilder Austal Limited up to 100%, marking a...
From
Mike Schuler
via
gCaptain
Congress Passes Maritime Security and Cargo Preference Bills to Bolster U.S. Ports and Fleet
The U.S. House of Representatives today passed a package of nine transportation-related bills, including several aimed at enhancing maritime supply chain security, reinforcing the U.S. flag fleet, and cracking down...
From
Mike Schuler
via
gCaptain
Atlantic Shores Cancels Major New Jersey Offshore Wind Project Amid Federal Headwinds
Atlantic Shores Offshore Wind has terminated its New Jersey offshore wind project that would have powered more than 700,000 homes—marking another significant setback for the U.S. offshore wind industry. The...
From
Mike Schuler
via
gCaptain
4 Remain Missing After Explosions Rock Singapore-Flagged Containership Off India
Four people remain missing after a major fire on a Singapore-flagged containership off the southwest coast of India. Multiple explosions and fires erupted aboard the Singapore-flagged container vessel MV WAN...
From
Mike Schuler
via
gCaptain
Fire Continues to Burn on Car Carrier Morning Midas as First Salvage Tug Expected to Arrive
The car carrier Morning Midas continues to burn off Alaska’s coast as the first of three salvage tugs is expected to arrive on scene today. The vessel has been burning...
From
Reuters
via
gCaptain
Israeli Forces Seize Gaza Aid Boat Carrying Greta Thunberg
Israeli naval forces boarded and seized a charity vessel carrying Swedish activist Greta Thunberg, which had tried to break the naval blockade of the Gaza Strip on Monday.
From
Mike Schuler
via
gCaptain
U.S. Import Surge Expected as Retailers Rush to Beat Tariff Deadline
Import cargo volumes at major U.S. container ports are expected to surge through the summer months as retailers rush to take advantage of temporarily reduced tariffs on Chinese goods. The...
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From
Reuters
via
gCaptain
North Korea’s Warship Launch Ends in Disaster as Kim Jong Un Watches
A major accident occurred on Wednesday during the launch of a new North Korean warship while Kim Jong Un was attending the event, with the isolated state's leader calling it a "criminal act" that could not be tolerated, state media KCNA reported.
From
Mike Schuler
via
gCaptain
U.S. Celebrates National Maritime Day 2025 Amid Historic Policy Push
The United States marks National Maritime Day 2025 today with renewed focus on strengthening its maritime sector. Department of Transportation Secretary Sean Duffy highlighted the critical role of Merchant Mariners,...
From
Reuters
via
gCaptain
CK Hutchison Confirms Aponte’s MSC is Main Investor in Ports Deal
HONG KONG, May 22 (Reuters) – CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte’s family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to buy 43 ports from...
From
Mike Schuler
via
gCaptain
EU’s Largest-Ever Dark Fleet Sanctions Package Still Leaves Major Gaps
The European Union has launched its most extensive sanctions package targeting Russia’s shadow fleet—blacklisting 189 additional Russian-linked tankers and bringing the total number of sanctioned vessels to 342. This marks...
From
The Loadstar
via
gCaptain
Warning Shot: GRIs Reveal Carrier Playbook Amid Tariff Rush
General rate increases (GRIs) give a “clear indication of ocean carrier intentions”, and raise alarm bells for their clients with long-term contracts.
From
Bloomberg
via
gCaptain
US Importers Race to Beat Trump Tariffs Facing Complex Customs Forms
US businesses are under mounting pressure to import goods while President Donald Trump’s higher tariffs are on pause, and they’re simultaneously navigating increasingly complex filing rules when their cargo crosses the border.
From
Oliver Sloup
via
Barchart
The Grain Rally Stalls Against Technical Resistance
Grain markets have had an impressive first half of the week but saw some of the wind taken out of the sail overnight after running out of momentum against technical resistance.
From
Reuters
via
gCaptain
Poland Checking for Any Explosive Devices Near Undersea Power Cable, PM Says
Poland is looking into whether any explosive devices were planted where a ship from Russia's "shadow fleet" was seen moving suspiciously near a power cable linking Poland with Sweden on Wednesday, Polish Prime Minister Donald Tusk said.
From
Austin Schroeder
via
Barchart
Wheat Sticking Close to Unchanged Early on Thursday
Wheat is closing back in on steady trade on Thursday morning after overnight weakness. The wheat complex closed out the Wednesday session with gains across the three exchanges, fading from off the midday highs. Chicago SRW futures were 3 to 4 cents in the green. Preliminary open interest was down...
From
Austin Schroeder
via
Barchart
Soybeans Pulling Off Overnight Lows
The soybean market is pulling off the sharply lower overnight start, with contracts down 2 to 5 cents on Thursday morning. Soybeans posted gains of 8 to 12 cents across most contracts on Wednesday. The Preliminary ope interest data showed a drop of 4,832 contracts on Wednesday. The cmdtyView Cash...
From
Austin Schroeder
via
Barchart
Corn Steady on Thursday Morning
Corn is trading with fractionally mixed action on Thursday AM. Futures posted gains of 6 to 7 ½ cents across most contracts on Wednesday, helped by a weaker US dollar index and a rebound in ethanol production. Preliminary open interest was up 4,587 contracts on Wednesday. The front month CmdtyView...
From
Bloomberg
via
gCaptain
Russia Vows to Defend Its Ships in Baltic Sea
Russia will defend its vessels in the Baltic Sea by all legal means, the Kremlin said, days after briefly deploying a fighter jet as Estonian officials tried to halt a so-called shadow fleet tanker in their economic zone.