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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
Walsh Trading
via
Barchart
Chart of the Day - July Wheat
A poor close on Friday has the Wheat chart looking a little bearish in the short-term
From
Reuters
via
gCaptain
Zelenskiy Urges Allies To Keep Up Pressure On Russia Ahead Of Talks With US
By Pavel Polityuk KYIV, March 22 (Reuters) – Ukrainian President Volodymyr Zelenskiy on Sunday urged allies to keep up sanctions pressure on Russia ahead of a second day of talks between Ukrainian...
From
Reuters
via
gCaptain
Iran Says Hormuz Open To All But ‘Enemy-Linked’ Ships
DUBAI, March 22 (Reuters) – The Strait of Hormuz remains open to all shipping except vessels linked to “Iran’s enemies,” Iranian media reports published on Sunday quoted Iran’s representative to the U.N. maritime agency...
From
Mike Schuler
via
gCaptain
Trump’s 48-Hour Hormuz Ultimatum to Iran Raises Stakes in Gulf War
U.S. President Donald Trump and Iran threatened to escalate their war by attacking energy and desalination facilities in the Gulf, a potential widening of hostilities that could deepen a regional crisis and add to concerns in global markets.
From
Lori Ann LaRocco
via
gCaptain
The Oil Shell Game: Peeling Away the Bluster of the Latest Oil Announcements
Trade is agnostic, and because it is a physical entity that can be tracked, it can blast away the bluster of trade announcements. The reality is in the trade moving.
From
Reuters
via
gCaptain
UK Nuclear Powered Submarine Positioned In Arabian Sea Amid Regional Tensions
March 21 (Reuters) – A British nuclear-powered submarine equipped with Tomahawk cruise missiles has taken position in the Arabian Sea, giving Britain the capability to launch long-range strikes if regional conflict escalates, the Daily...
From
Bloomberg
via
gCaptain
US Says Iran Threat to Hormuz Degraded After Facility Destroyed
By Shiyin Chen Mar 21, 2026(Bloomberg) –The US said Iran’s ability to threaten marine traffic on the Strait of Hormuz has been “degraded” after it took out a facility along the...
From
Reuters
via
gCaptain
Flotilla Departs From Mexico With Aid For Cuba
By Lorenzo Hernandez PROGRESO, Mexico, March 20 (Reuters) – Volunteers in Mexico loaded a fleet of modest boats bound for Cuba with rice, baby wipes and other supplies in a growing grassroots effort to...
From
Mike Schuler
via
gCaptain
U.S.-Flagged Ships Stuck in Persian Gulf as Senator Demands Action for American Crews
Multiple U.S.-flagged commercial vessels critical to America’s sealift capability are effectively stranded inside the Persian Gulf amid the U.S.-Israel conflict with Iran, prompting one Senator to demand urgent action from U.S....
From
Mike Schuler
via
gCaptain
Libya Contracts Salvage Firm to Secure Explosive LNG Carrier Drifting Towards Coast
Libya's National Oil Corporation said on Saturday that it had contracted a specialist company to handle a damaged Russian tanker carrying LNG that is drifting towards the Libyan coast.
From
Reuters
via
gCaptain
Rust, Dust And Superyachts As America’s Cup Races Into Naples
By Crispian Balmer BAGNOLI, Italy, March 21 (Reuters) – Rusted factory skeletons loom over a shoreline poisoned by decades of heavy industry on the western fringes of Naples, which will next year...
From
Bloomberg
via
gCaptain
Iranian Navy Guided Indian Tanker Through Hormuz, Crew Member Says
By Mihir Mishra and Alex Longley Mar 21, 2026 (Bloomberg) —The Iranian Navy guided an Indian liquefied petroleum gas tanker through the Strait of Hormuz last week, allowing the ship to...