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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
Austin Schroeder
via
Barchart
Soybeans Showing Slight Gains on Tuesday Morning
Soybeans are up 1 to 4 cents so far on Tuesday morning. Futures saw weakness late on Monday as front months came back to close with fractionally mixed action. Open interest on Monday was up 2,748 contracts, with most coming in July through November contracts, as May was down 6,409...
From
Austin Schroeder
via
Barchart
Wheat Starting Off Tuesday with Mixed Trade
Wheat is mixed, with the winter wheat contracts higher and spring wheat lower on Tuesday morning. The wheat complex posted mixed action on Monday, with KC the weakest. Chicago SRW futures were mostly fractionally to 2 ¾ cents higher. Open interest rose 3,302 contracts. KC HRW futures were down 6...
From
Darin Newsom
via
Barchart
What Should We Expect From USDA Tuesday?
Quarterly grain stocks (as of March 1) and annual prospective plantings numbers will be released at noon (ET) Tuesday.
From
Reuters
via
gCaptain
China Confirms Three Ships Passed Through Strait of Hormuz
Three Chinese ships recently sailed through the Strait of Hormuz after coordination with relevant parties, a foreign ministry spokesperson told a regular daily press briefing on Tuesday, while calling for peace and stability in the Gulf Region.
From
Reuters
via
gCaptain
EU Tells Members to Prepare for ‘Prolonged Disruption’ to Energy Markets From Iran War
European Union governments should prepare for a "prolonged disruption" to energy markets as a result of the Iran war, the bloc's energy chief has told countries' ministers ahead of an emergency meeting on Tuesday.
From
Mike Schuler
via
gCaptain
Drone Strike Hits Laden Supertanker Off Dubai as Gulf Shipping Incidents Flare Again
A Kuwaiti supertanker carrying more than 2 million barrels of crude was struck by a drone in waters off Dubai late Monday, triggering a fire that was later brought under control without injuries or pollution, according to authorities and maritime security reports.
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From
Mike Schuler
via
gCaptain
Red Sea Crisis Boils Over as Houthis Claim Sinking of M/V Magic Seas; Galaxy Leader Struck
Yemen’s Houthi militants who earlier claimed responsibility for an attack on the M/V Magic Seas, now say they sank the Greek bulk carrier. The sinking has not been verified by independent sources and a representative for the vessel’s commercial manager, Stem Shipping, could not yet confirm that the vessel had sunk.
From
Mike Schuler
via
gCaptain
Unmanned Saildrones Track Russian ‘Shadow Fleet’ During NATO Baltic Sea Operations
Saildrone, a leading maritime autonomy company, has demonstrated its advanced surveillance capabilities by successfully identifying Russian “shadow fleet” vessels during recent NATO operations in the Baltic Sea. From June 16...
From
Bloomberg
via
gCaptain
Trump Sets August 1 Tariff Start Ahead of Wednesday Deadline
President Donald Trump plans to announce trade deals and deliver tariff warnings on Monday, as countries negotiated through the weekend to avoid the highest punitive measures on their exports to the US before a Wednesday deadline.
From
Mike Schuler
via
gCaptain
Coast Guard Rescue Swimmer Saves 165 Lives in Texas Flood Disaster as Death Toll Climbs
U.S. Coast Guard rescue swimmer Scott Ruskan is being hailed a hero after saving 165 individuals during his first rescue mission in the devastating floods that struck Texas last week....
From
Mike Schuler
via
gCaptain
ITF Calls for Warlike Operations Areas Designation for Strait of Hormuz
The International Transport Workers’ Federation (ITF) has formally requested that the Strait of Hormuz, Gulf of Oman, and Israeli ports be designated as Warlike Operations Areas (WOA), citing escalating military...
From
Mike Schuler
via
gCaptain
ST LNG Applies for Major Deepwater LNG Export Terminal Off Texas Coast
The Maritime Administration (MARAD) and U.S. Coast Guard have received an application from ST LNG, LLC to build and operate a significant liquefied natural gas export facility approximately 10.4 nautical...
From
Mike Schuler
via
gCaptain
All Crew Rescued After Major Attack on M/V Magic Seas in Red Sea
All 22 crew members of the MV MAGIC SEAS have been rescued following a severe attack in the Southern Red Sea approximately 51 nautical miles southwest of Al Hudaydah, Yemen,...
From
Mike Schuler
via
gCaptain
Greek-Operated Bulk Carrier Severely Damaged, Abandoned in Red Sea
By Renee Maltezou and Yannis Souliotis ATHENS, July 7 (Reuters) – The 19-member crew of a Greek bulk carrier severely damaged in the Red Sea by repeated attacks, most likely by Houthi...
From
Malte Humpert
via
gCaptain
EU Funds Latest Finnish Icebreaker, Russia’s Newest Arctic Icebreaking Vessel ‘Katerina Velikaya’ Begins Sea Trials
The European Commission awarded close to $50 million to Finland supporting construction of its new Baltic Sea class B icebreaker. The new vessel is intended to replace aging icebreaking capacity with procurement expected for fall 2025, construction starting in early 2026, and entry into service by 2029.
From
Reuters
via
gCaptain
Israel Attacks Three Yemeni Ports And Power Plant
July 7 (Reuters) – Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday, marking the first Israeli attack on Yemen in almost a month....
From
Reuters
via
gCaptain
Crew Rescued In Red Sea After Attack On Ship Near Yemen
CAIRO, July 6 (Reuters) – The crew of a ship set on fire in an attack in the Red Sea on Sunday abandoned the vessel and were rescued as it took on water, a British maritime agency said, in...
From
Reuters
via
gCaptain
Explosive Device Likely Damaged Greek Tanker Off Libya Last Week
ATHENS, July 6 (Reuters) – An external explosive device most likely caused the blast that damaged Greek oil tanker Vilamoura as it was sailing off the Libyan coast last week, the vessel’s...