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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
Oliver Sloup
via
Barchart
Grain and Livestock Technical Levels in Focus to Start the Week
Grain markets have settled into a range here while cattle markets try to find the strength to keep the rally alive. Tune in as Oliver Sloup brings you the latest information on RFD-TV!
From
Malte Humpert
via
gCaptain
Russian Grain Ship Sinks in Sea of Azov After Suspected Drone Strike, Raising Risks to Shipping
A Russian cargo ship carrying grain sank in the Sea of Azov on April 5 after what Russian officials said was a Ukrainian drone attack, in the latest escalation of Kyiv’s campaign against Moscow’s maritime logistics.
From
Malte Humpert
via
gCaptain
Novatek Sets Up Arctic-focused Shipbuilding Unit as Russia Grapples With Ice-Class Fleet Shortage
Russia’s largest independent gas producer Novatek has registered a new shipbuilding and engineering subsidiary, as the country seeks to ease a shortage of ice-capable vessels critical to its Arctic LNG ambitions, Russian media reported.
From
Bloomberg
via
gCaptain
Qatar LNG Vessels U-Turn After Attempt to Pass Through Hormuz
Two tankers carrying liquefied natural gas from Qatar appear to have abandoned an effort to exit the Persian Gulf via the Strait of Hormuz — delaying what would have been the first exports to buyers outside of the region since the war started.
From
Austin Schroeder
via
Barchart
Wheat Fading Lower on Monday Morning as Forecasts Look Wetter
Wheat is trading with early losses across the three exchanges so far on Monday as the market comes out of the long weekend. The wheat complex held on for marginal gains to head into the long weekend. Chicago SRW futures saw fractional to 2 cent gains on the day, with...
From
Austin Schroeder
via
Barchart
Soybeans Popping Higher Out of the Long Weekend
Soybeans are coming out of the long weekend with gains of 3 to 5 ½ cents on Monday morning. Futures saw losses of 1 to 5 ¼ cents in most contracts on Thursday, as May saw a 4 ¼ cent gain last week. Open interest was up 6,464 contracts on...
From
Austin Schroeder
via
Barchart
Corn Slipping Lower Early on Monday
Corn price action is showing fractional losses on Monday morning coming out of Easter weekend, though they are ~3 cents off overnight lows. Futures headed into the long weekend, with some front month weakness as money was being taken off the table. Old crop contracts were fractionally to 2 cents...
From
Reuters
via
gCaptain
UAE Says the Use of Hormuz Must be Guaranteed in Any US-Iran Deal
UAE official Anwar Gargash said any settlement of the U.S.-Iran war must guarantee access through the Strait of Hormuz, warning that a deal that fails to rein in Iran’s nuclear program and its missiles and drones would pave the way for “a more dangerous, more volatile Middle East."
From
Bloomberg
via
gCaptain
Ships With Qatar LNG Attempt First Hormuz Exit Since War Started
wo tankers carrying liquefied natural gas from Qatar appear to be heading toward the Strait of Hormuz, and an exit from the Persian Gulf would mark the first export to buyers outside of the region since the war started.
From
Reuters
via
gCaptain
Iran, U.S. Receive Plan to End Hostilities, Immediate Ceasefire; Source Says
Iran and the United States have received a plan to end hostilities that could come into effect on Monday and reopen the Strait of Hormuz, a source aware of the proposals said on Monday.
From
Bloomberg
via
gCaptain
Iran Says Iraqi Ships Are Allowed To Use Strait Of Hormuz
By Patrick Sykes, Kateryna Kadabashy and Anthony Di Paola Apr 4, 2026 (Bloomberg) –The Iranian military said major oil producer Iraq is exempt from shipping restrictions in the Strait of Hormuz,...
From
Reuters
via
gCaptain
Tanker Loaded With Iraqi Crude Passes Through Hormuz
By Ahmad Ghaddar and Rozanna Latiff LONDON/KUALA LUMPUR, April 5 (Reuters) – An oil tanker loaded with Iraqi crude passed through the Strait of Hormuz close to the Iranian coast, a day...