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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
Soybeans Face Pressure on Tuesday
Soybeans were lower on Tuesday with contracts down 3 to 6 ½ cents across most months. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $10.91 1/4. Soymeal futures were 20 cents to $2.20 lower on the day, with Soy Oil futures down 6 to 61...
From
Walsh Trading
via
Barchart
JUL-SEP ’26 CORN SPREAD (ZCN26-ZCU26) - WALSH PURE SPREADER
WALSH PURE SPREADER - Pure Hedge Division
From
Chris Swift
via
Barchart
Shootin' the Bull about having your cake and eating it to!
While unsure if a higher fat price this week will turn negative margins to plus for cattle feeders, I can't recall a time when the industry has been able to have its cake and eat it to.
From
Oliver Sloup
via
Barchart
Cattle and Wheat Lead the Way in Tuesday’s Trade
Wheat futures were the leader in today’s grain trade, is a bigger breakout looming? Corn and soybeans continued to chop around, while cattle posted another strong performance.
From
Reuters
via
gCaptain
U.S. Will Let Iran Oil Waiver Expire as Blockade Tightens Grip on Global Flows
The Trump administration will allow a 30-day waiver of sanctions on Iranian oil at sea to expire later this week, two administration officials told Reuters on Tuesday, as the U.S. imposes a blockade on shipments from Iranian ports.
From
Austin Schroeder
via
Barchart
Wheat Rally Extending to Tuesday
The wheat complex is showing gains across most contract son Tuesday, with the three exchanges higher. Chicago SRW futures are 5 to 6 on the day. KC HRW futures are 16 to 17 cents in the green on the day. MPLS spring wheat are up 10 to 11 cents on...
From
Austin Schroeder
via
Barchart
Soybeans Reverting Lower at Tuesday’s Midday
Soybeans are trading with 4 to 7 cent losses at midday. The cmdtyView national average Cash Bean price is down 4 1/2 cents at $10.91. Soymeal futures are $1.60 to $2 lower on the day, with Soy Oil futures down 25 to 35 points. Crop Progress from Monday afternoon pegged...
From
Austin Schroeder
via
Barchart
Corn Holding onto Strength at Midday
Corn futures are trading with contracts fractionally to 3 cents in the green so far on Tuesday’s midday. The CmdtyView national averageCash Corn price is up 2 3/4 cent at $4.05 3/4. USDA reported private export sales of 316,000 MT to Mexico (65,000 for 2025/26, 139,000 MT for 2026/27, and...
From
Editorial
via
gCaptain
“Free Seas” Are Not Unraveling — But the System Is Changing Under Pressure
The global maritime system remains open, but operates with less slack, greater volatility, and more variable constraints on access. By Bruce Kimbrell (Policy Op-Ed) A recent Wall Street Journal...
From
Mike Schuler
via
gCaptain
U.S. Declares Blockade Effective as First Ships Turned Back from Iranian Ports
The United States says its newly announced maritime blockade targeting Iranian ports is already taking hold, with U.S. Central Command reporting that no vessels successfully transited in or out of...
From
Mike Schuler
via
gCaptain
Bulk Carrier Hit by Projectiles Off Oman as Maritime Threats Spill Beyond Hormuz
A bulk carrier was struck by projectiles in the Arabian Sea off the coast of Oman last week, marking another incident as security risks continue to spread beyond the Strait of Hormuz.
From
Mike Schuler
via
gCaptain
Bulk Carrier Hit by Projectiles Off Oman as Maritime Threats Spill Beyond Hormuz
A bulk carrier was struck by projectiles in the Arabian Sea off the coast of Oman last week, marking another incident as security risks continue to spread beyond the Strait of Hormuz.