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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
Bloomberg
via
gCaptain
Repeating Venezuela-Blockade Move Is Far Riskier Bet in Hormuz
US President Donald Trump is invoking his Venezuela playbook with a pledge to blockade Iranian ships. But Iran poses more complicated logistics, higher risks for American soldiers and a more resilient enemy.
From
Mike Schuler
via
gCaptain
All Eyes on Hormuz as U.S. Maritime Blockade on Iran Enters Enforcement Phase
The United States’ newly announced maritime blockade targeting Iranian trade is now entering its enforcement phase, with fresh guidance from United Kingdom Maritime Trade Operations confirming that access restrictions are actively being...
From
Oliver Sloup
via
Barchart
Grains Gap Higher on Sunday Night
Grain markets firm to start the week, with wheat leading the way. Can the strength hold, or will sellers take advantage of it?
From
Mike Schuler
via
gCaptain
U.S. Blockade Draws New Red Lines in Strait of Hormuz Crisis
The United States is moving to blockade maritime traffic tied to Iran, marking a sharp escalation in the Strait of Hormuz crisis and introducing a new layer of risk for...
From
Austin Schroeder
via
Barchart
Wheat Closes with Friday Losses
Wheat is trading with contracts rallying double digits in the winter wheat contracts and MPLS following along. The wheat complex is showing mixed trade on Friday. Chicago SRW futures were down 3 ½ to 6 cents higher on the Friday session, with May 27 ¼ cents lower on the week....
From
Austin Schroeder
via
Barchart
Soybeans Holding Near Unchanged on Monday Morning
Soybeans are trading with front months down 1 to 2 cents, with deferred contracts up 1 1/2 cents. Futures closed the Friday session with contracts 5 to 10 ½ cents higher, as meal took control. May was up 12 ¼ cents on the week, with November up 3 3/4 cents....
From
Austin Schroeder
via
Barchart
Corn Popping Higher on Monday Morning
Corn price action is up 3 to 4 cents in the front months on Monday AM trade. Futures closed out the Friday session with contracts down 1 ¼ to 3 ¾ cents at the close. May settled Friday, with the weekly loss at 11 ¼ cents, as December fell 9...
From
Jim Wyckoff
via
Barchart
How Much Higher Can Soybean Meal Prices Go Here?
July soybean meal futures present a buying opportunity on more price strength.
From
Bloomberg
via
gCaptain
Asian LNG Imports Plummet to Six-Year Low on Middle East Crisis
Asian liquefied natural gas imports have dropped to the lowest in almost six years as the conflict in the Middle East chokes supplies and forces buyers to curb consumption.
From
Reuters
via
gCaptain
Oil Tankers Steer Clear of Hormuz Ahead of US Blockade
Two Iranian-linked tankers exited the Gulf on Monday as other vessels began avoiding the Strait of Hormuz after the U.S. said it would start blockading Iranian ports later in the day, unsettling shipping markets at a vital energy chokepoint, shipping data showed.
From
Bloomberg
via
gCaptain
Saudi Arabia Says East-West Pipeline Restored To Full Capacity
By Clara Ferreira Marques Apr 12, 2026 (Bloomberg) –Saudi Arabia has restored the full pumping capacity of its East-West pipeline to 7 million barrels a day, rehabilitating a vital link for...
From
Bloomberg
via
gCaptain
Australia Acts To Secure Urea Amid Supply Risk From Iran War
By Jason Gale Apr 11, 2026 (Bloomberg) –Australia set up a government working group with the fertilizer industry to safeguard urea supplies at risk from disruptions linked to the war in...