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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....
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Walsh Trading
via
Barchart
JUL-DEC ’26 SOYBEAN OIL SPREAD (ZMN26-ZMZ26) - WALSH PURE SPREADER
WALSH PURE SPREADER - Pure Hedge Division
From
Mike Schuler
via
gCaptain
Trump Official Says Hormuz Ship Insurance Program to Launch ‘Soon’ as Tanker Traffic Struggles to Recover
Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies.
From
Austin Schroeder
via
Barchart
Wheat Bulls Push Back Higher on Thursday
The wheat complex found some renewed strength on Thursday. Chicago SRW futures were 4 ½ to 7 ¼ cents higher in the front months on the day. KC HRW futures saw 4 to 9 cent gains on the Thursday session. MPLS spring wheat was up 4 ¼ to 5 cents...
From
Austin Schroeder
via
Barchart
Soybeans Closes Higher on Thursday
Soybeans saw gains of 1 ¾ to 5 ½ cent gains in the front months on Thursday. The cmdtyView national average Cash Bean price was up 2 1/4 cents at $11.00 1/4. Soymeal futures were up 30 cents to $2.30, with Soy Oil futures up 42 to 96 points. Export...
From
Mike Schuler
via
gCaptain
China Is Escalating Panama Port Dispute With Surge in Ship Detentions, U.S. Regulator Warns
A simmering dispute over control of key Panama Canal terminals is now spilling into global shipping lanes, with China detaining Panama-flagged vessels in its ports and U.S. regulators warning of potential fallout for international trade.
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Crazy Market Movement Late in the Crude Oil and Dow Jones Index - Setting up a Possible Wild Ride in the Livestock and Grain Markets Tomorrow.
From
Mike Schuler
via
gCaptain
New MARAD Advisory Urges Ships to Disable AIS Tracking in Red Sea as Houthi Threat Lingers
The United States is warning commercial shipping that the threat from Yemen’s Houthi militants remains active across the Red Sea and Gulf of Aden—despite a recent lull in attacks—and is...
From
Andrew Hecht
via
Barchart
Are Beans Going to Trade in the Teens?
Soybean futures have been rallying since mid-January 2026. While the price reached nearly $12.40 per bushel, it corrected sharply on March 16 to near the $11.45 level. Several factors will determine if beans can trade in the teens during the 2026 crop year.
From
Mike Schuler
via
gCaptain
Container Rates Extend Rally as Hormuz Crisis Drives Fuel Costs Higher
Container freight rates pushed higher for a fourth straight week, as rising fuel costs and ongoing disruption in the Middle East begin feeding directly into global shipping markets. Drewry’s World...
From
Mike Schuler
via
gCaptain
Trump DOT Rolls Out $488M Port Funding Push to ‘Restore Maritime Dominance’
The Trump administration is rolling out nearly half a billion dollars in new port funding, with the U.S. Department of Transportation’s Maritime Administration announcing $488.6 million in grants under the Port Infrastructure Development Program (PIDP), a key federal vehicle for upgrading the nation’s port network and supply chains.
From
Mike Schuler
via
gCaptain
Ukraine USV Strike Leaves Laden Russian Tanker Adrift Near Bosphorus
A Turkish-owned tanker carrying Russian petroleum product was struck overnight by a suspected uncrewed surface vessel (USV) in the Black Sea, in what appears to be an escalation in attacks...
From
Austin Schroeder
via
Barchart
Corn Holding Lower on Thursday
Corn futures are trading with fractional to 2 cent losses in the front months on Thursday. The CmdtyView national average Cash Corn price is down 1 3/4 cents to $4.23. Export Sales data from this morning tallied corn sales at 1.22 MMT, which was on the higher side of trade...