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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
Reuters
via
gCaptain
World is Lining Up for Russian Energy, the Kremlin Says
The Kremlin said on Tuesday there were a huge number of requests for Russian energy from a range of different places amid a grave global energy crisis that was shaking the foundations of the oil and gas markets.
From
Reuters
via
gCaptain
Oil Prices Rise as Hormuz Stays Shut Ahead of Trump Deadline, Strikes on Iran Intensify
Oil prices rose on Tuesday ahead of a deadline set by U.S. President Donald Trump for Iran to open the Strait of Hormuz or face attacks on power plants and other infrastructure.
From
Bloomberg
via
gCaptain
War in Iran Drives Russian Oil Prices to a 13-Year High
Russian crude prices rose to the highest in more than 13 years as Moscow benefited from the Iran-linked global oil rally.
From
Austin Schroeder
via
Barchart
Wheat Sliding on Tuesday Morning
Wheat is extending weaker on Tuesday, despite weaker than expected conditions reported by NASS on Tuesday. The wheat complex was mostly lower on Monday across the three markets. Chicago SRW futures were mixed, with front months down 1 to 3 cents and back months higher. Open interest rose 4,202 contracts....
From
Austin Schroeder
via
Barchart
Corn Starting Off Tuesday with Turnaround Losses
Corn prices are down 1 to 2 cents on Tuesday morning. Futures got a pop coming out of the Easter holiday weekend, with contracts closing 1 ¾ to 2 ½ cents in the green. Open interest was down 2,386 contracts on Monday. The CmdtyView national average Cash Corn price was...
From
Austin Schroeder
via
Barchart
Soybeans Slipping on Tuesday AM Trade
Soybeans are down 1 to 2 cents early on Tuesday. Futures posted gains on Monday, with contracts 3 to 5 1/2 cents higher at the post-Easter close. Open interest was up 3,222 contracts on Monday. The cmdtyView national average Cash Bean price was up 3 1/4 cents at $10.97 1/2....
From
Malte Humpert
via
gCaptain
Russia’s Yamal LNG Sends First Cargo to China Since November as EU Demand Dominated Q1
Russia’s Yamal LNG project has dispatched its first liquefied natural gas (LNG) cargo to China since November, ship-tracking data showed on Tuesday, marking a tentative resumption of flows to Asia after European buyers absorbed all volumes in the first quarter of 2026.
From
Bloomberg
via
gCaptain
Japan Relies on Offshore Oil Transfers as Middle East Risks Rise
Japan is relying on ship?to?ship oil transfers far from the Middle East to secure crude supplies while keeping its tankers out of a conflict zone that has become too risky for crews and vessels.
From
Mike Schuler
via
gCaptain
World’s Largest Ship Registry Calls for Stricter Seafarer Checks Amid Rising Sanctions Risk
The Liberian Registry is urging shipowners, managers, and crewing agencies to strengthen seafarer compliance frameworks as global sanctions enforcement intensifies. In a statement this week, the world’s largest flag state said the...
From
Reuters
via
gCaptain
Trump’s Shipping Waiver Does Not Boost Oil Flows Within US; Fuel Exports Soar
U.S. President Donald Trump's move allowing foreign-flagged cargo ships to move fuel and other goods between domestic ports has so far had little impact on American oil supply,according to trade data and analysts who noted that U.S. refiners and shippers are earning more profits sending fuel overseas.
From
Austin Schroeder
via
Barchart
Corn Bulls Hop Higher Out of the Long Weekend
Corn futures got a pop coming out of the Easter holiday weekend, with contracts closing 1 ¾ to 2 ½ cents in the green. The CmdtyView national average Cash Corn price was up 1 3/4 cents at $4.14 1/4. The inaugural Crop Progress report for 2026 showed the US corn...