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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
Brady Sidwell
via
Barchart
Historic week in commodity markets and grains not finished
FOMC Interest Rate Decision on March 18th
From
Bloomberg
via
gCaptain
BP Wins OK For First New Gulf Project Since Deepwater Horizon Tragedy
By Ari Natter Mar 13, 2026 (Bloomberg) –The Trump administration approved BP Plc’s plan to pump billions of dollars worth of crude from what will be the company’s first virgin field...
From
Mike Schuler
via
gCaptain
Trump Calls for Allied Warships to Secure Strait of Hormuz
President Donald J. Trump said Saturday that allied nations could deploy warships alongside the United States to help secure the Strait of Hormuz, signaling a potential multinational naval effort to restore shipping through...
From
Paul Morgan
via
gCaptain
India’s Tanker Escape: Rare Hormuz Passage Signals New Political Reality for Global Shipping
Two Indian liquefied petroleum gas carriers have successfully transited the Strait of Hormuz after receiving rare clearance from Iran, highlighting how the world’s most critical energy shipping corridor is increasingly being shaped by diplomacy rather than routine commercial navigation.
From
Mike Schuler
via
gCaptain
U.S. Boosts LNG Exports From Plaquemines as Hormuz Crisis Threatens Global Gas Supply
The U.S. Department of Energy has approved an immediate increase in liquefied natural gas exports from Venture Global’s Plaquemines LNG terminal in Louisiana, moving to bolster global gas supplies as escalating...
From
Mike Schuler
via
gCaptain
Trump Warns Iran’s Oil Lifeline at Risk After Major U.S. Strike on Kharg Island
President Donald J. Trump said Friday that U.S. forces carried out a major airstrike against military targets on Iran’s Kharg Island, a strategic oil export hub in the Persian Gulf, while warning Tehran...
From
Ben DiCostanzo
via
Barchart
Cattle Futures Can’t Hold Early Rally
Cattle Markets start strong finish weak
From
Austin Schroeder
via
Barchart
Corn Closes Higher on Friday as CFTC Data Shows Spec Longs Flooding In
Corn futures rounded out the Friday session with contracts steady in some deferreds to 4 ¾ cents higher in the front months as March expired. May closed the week with a 6 ¾ cent gain from on the week. The CmdtyView national average Cash Corn price was up 4 3/4...
From
Austin Schroeder
via
Barchart
Wheat Rallies into Friday’s Close
The wheat complex posted double digit gains on Friday. Chicago SRW futures were up 10 to 15 1/4 cents on Friday, with May slipping 3 cents on the week. KC HRW futures closed 11 to 17 ¼ cents in the green on the day, as May was up 6 ½...
From
Austin Schroeder
via
Barchart
Soybeans Ease Lower into the Weekend
Soybeans rounded out the Friday session with contracts down 2 to 6 ¼ cents across the board, as May still held up for a 24 ½ cent gain. The cmdtyView national average Cash Bean price was down 2 cents at $11.50 1/4. Soymeal futures were down $1.60 to $2.50 higher...
From
Reuters
via
gCaptain
Lured by Profits, Some Shipowners Brave Mines and Missiles to Sneak Oil Past Iran
A handful of Greek shipowners have sent crude oil and dry bulk tankers through the Strait of Hormuz during the U.S.-Israeli war on Iran, risking destruction from mines, missiles and drones for a chance at millions of dollars in quick profits.