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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
Brent Heads for Record Monthly Leap as Houthi Attacks Widen Gulf Conflict
Oil prices extended gains on Monday, with Brent heading for a record monthly rise, after Yemeni Houthis widened the Iran war by launching their first attacks on Israel.
From
Don Dawson
via
Barchart
While Other Markets Panic, Corn Just Got a Constructive Edge – Here's Why
While stocks, crypto, metals, & bonds are getting whipsawed by tariffs and Middle East headlines, corn just quietly rallied 59¢ off the low $4.30s. July '26 futures are now near $4.87. Not a blow-off top, but the setup is turning constructive. Geopolitics might be handing producers a better pricing window than most realize.
From
Austin Schroeder
via
Barchart
Soybeans Seeing Slight Monday Morning Gains
Soybeans are trading with 1 to 3 cent gains on Monday AM trade. Futures closed the Friday session with contracts down 5 to 14 ½ cents in most front months, as May was down 2 cents last week. Open interest was up 1,748 contracts on Friday. The cmdtyView national average...
From
Austin Schroeder
via
Barchart
Corn Slipping Lower on Monday Morning
Corn price action is down 1 to 3 cents early on Monday morning. Futures eased back lower into the weekend, closing Friday with contracts steady to 5 cents lower led by the nearbys. Front month May was down 3 ½ cents last week. Open interest was up 6,554 contracts on...
From
Austin Schroeder
via
Barchart
Wheat Falling Back on Monday AM Trade
Wheat is showing lower trade on Monday morning after weekend forecasts shifted a little wetter. The wheat complex saw mostly higher trade on Friday. Chicago SRW futures were the lagger, closing moistly within ¼ cent of unchanged, as May was up 9 ¾ cents last week. Open interest was down...
From
Reuters
via
gCaptain
Russian Oil Tanker Arrives in Cuba as Moscow Vows to Stand by Havana
Russia said on Monday that an oil tanker carrying 100,000 metric tons of crude oil had arrived in Cuba and that Moscow would stand by its friends by working on further supplies despite a U.S. blockade of the Communist-run island.
From
Bloomberg
via
gCaptain
Two Chinese Container Ships From Cosco Attempt Hormuz Exit Again
Two container ships linked to China’s state-owned Cosco Shipping Corp. are trying again to exit the Persian Gulf through the Strait of Hormuz, according to ship-tracking data compiled by Bloomberg News, just days after aborting a previous attempt.
From
Bloomberg
via
gCaptain
US Plans To Allow Russian Oil Tanker Into Cuba, Easing Crisis
By Eric Martin and Scott Squires Mar 29, 2026 (Bloomberg) –The Trump administration is planning to let a Russian oil tanker dock in Cuba, alleviating an energy crisis triggered when the...
From
Bloomberg
via
gCaptain
Russia’s Ust-Luga Port Takes New Damage In Ukraine Drone Attack
By Bloomberg News Mar 29, 2026 (Bloomberg) –Russia’s Ust-Luga port sustained fresh damage from a Ukrainian drone attack, as Kyiv steps up strikes on Russian oil export infrastructure. The Leningrad region...
From
Reuters
via
gCaptain
Two India Bound LPG Tankers Clear Strait Of Hormuz
BENGALURU, March 29 (Reuters) – Two India-bound liquefied petroleum gas tankers carrying about 94,000 metric tons of the cooking gas have safely transited the Strait of Hormuz and are heading towards India,...
From
Bloomberg
via
gCaptain
USS Tripoli Arrives In Middle East
By Dan Williams, Kateryna Kadabashy and Dana Khraiche Mar 28, 2026 (Bloomberg) —Houthi militants launched ballistic missiles at Israel on Saturday morning, marking their entry into the month-long Iran war that...