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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
Reuters
via
gCaptain
US Will Impose ‘Toughest Sanctions in History’ on Iran, Bessent Says
The U.S. will impose "the toughest sanctions in history" on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested would lessen the need for new major military operations against Tehran.
From
Reuters
via
gCaptain
Norway Boosts Defense Footprint with Expansion of Arctic Brigade
Norway expanded on Thursday a recently created military brigade headquartered in the Arctic, the latest move by a NATO nation to boost its defense footprint in the wake of the Ukraine war.
From
Bloomberg
via
gCaptain
Trump Threatens Economic Isolation for Iran and Its Trading Partners
US President Donald Trump threatened Iran and its trading partners with economic isolation after months of military strikes and a maritime blockade failed to force Tehran to capitulate.
From
Bloomberg
via
gCaptain
Soaring Panama Canal Fees Drive a Nascent LPG Shuttle Trade
Exporters including Chevron Corp. are turning to ship-to-ship transfers to send liquefied petroleum gas from the US to Asia, an apparent change in strategy that comes as users of the Panama Canal grapple with congestion and record transit fees.
From
Mike Schuler
via
gCaptain
Federal Labor Board Orders OSG and Alaska Tanker Company to Bargain With Deck Officers
The National Labor Relations Board has ordered two Saltchuk Resources tanker subsidiaries to recognize and bargain with the International Organization of Masters, Mates & Pilots (MM&P), following a long-running dispute...
From
gCaptain
via
gCaptain
Transpacific Container Rates Surge as Carriers Cut Capacity
Global container spot rates rose for a second straight week as tighter capacity and resilient demand pushed Transpacific prices sharply higher, according to Drewry. The Drewry World Container Index increased...
From
Lori Ann LaRocco
via
gCaptain
Maritime Markets Bracing for Long-term Disruption in the Middle East
By Lori-Ann LaRocco – The strong undertow of political bluster, a lack of data, vessel attacks and the political calendar have transformed the flow of trade in the Middle East....
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From
Austin Schroeder
via
Barchart
Corn Rallies on Wednesday
Corn futures posted 4 ¾ to 8 ¼ cent gains across most contracts on Wednesday. The CmdtyView national average Cash Corn price was up 8 1/2 cents at $4.14 3/4. Some premium may have been put in the market as rain is expected over the next week in the central...
From
Trent Klarenbach
via
Barchart
Potential Price Path for Canola
We outline a potential price path fpr Canola.
From
Mike Schuler
via
gCaptain
Port of Long Beach Outpaces Rivals as Tariffs and War Risks Cloud Outlook
The Port of Long Beach emerged as the busiest seaport in the United States through the first quarter of 2026, even as cargo volumes eased from last year’s record pace and global...
From
Reuters
via
gCaptain
Europe Eyes Canada LNG as Iran War Rewires Energy Routes
European buyers, including Germany's Uniper, are exploring the possibility of purchasing liquefied natural gas from Canada's Pacific coast and shipping it through the Panama Canal as part of a long-term strategy to diversify supply, an effort made more urgent in the wake of the Iran war, two sources familiar with the matter said.
From
Chris Swift
via
Barchart
Shootin' the Bull about trying to pick the last apple on the tree
In my minds eye, I see producers, laden with apples in their sacks, teetering on a dead limb to try to reach the last apple at the top.
From
Mike Schuler
via
gCaptain
Maximum Pressure Returns: U.S. Targets Shadow Fleet Tankers as Iran Oil Waiver Expires
The Trump administration has snapped back to full “maximum pressure” on Iran’s oil trade, ending a short-lived sanctions reprieve while unleashing a sweeping crackdown on the shipping networks that keep...
From
Mike Schuler
via
gCaptain
U.S. Turns Back Nine Ships as Iran Port Blockade Holds, Tankers Test Limits
The United States says its maritime blockade of Iranian ports is continuing to hold, with U.S. Central Command reporting that nine vessels have been turned back in the first 48 hours of...
From
Austin Schroeder
via
Barchart
Wheat Holding Firm on Wednesday
The wheat complex is reverting from early weakness to post marginal midday gains. Chicago SRW futures are fractionally to 2 cents higher. KC HRW futures is showing 1 to 3 cent gains at midday. MPLS spring wheat is fractionally higher. The next 7 days are expected to remain dry from...
From
Austin Schroeder
via
Barchart
Soybeans Popping Back Higher on Wednesday
Soybeans are in rally mode, with contracts 10 to 12 cents higher so far. The cmdtyView national average Cash Bean price is up 11 cents at $10.91 1/4. Soymeal futures are $2.70 to $3.30 high on the day, with Soy Oil futures up 100 to 110 points. NOPA data from...
From
Austin Schroeder
via
Barchart
Corn Rallying on Wednesday
Corn futures are trading with 7 to 8 ¼ cent gains in the front months on Wednesday. The CmdtyView national average Cash Corn price is up 8 1/2 cents at $4.14 1/2. Some premium may be going in the market as rain is expected over the next week in the...
From
Mike Schuler
via
gCaptain
Fincantieri Lands First U.S. Navy LSM Contract as Program Moves Toward Construction
Fincantieri has secured its first U.S. Navy contract tied to the Medium Landing Ship (LSM) program, marking a key step as the service pushes to accelerate a new class of vessels central to Marine Corps operations in contested littoral environments.