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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
Mexican Ships Deliver Food and Supplies to Cuba as Island Faces U.S. Fuel Supply Crackdown
Two Mexican-flagged ships delivered 814 tons of humanitarian aid to Havana Harbor on Thursday, defying U.S. pressure after Washington threatened tariffs on countries supplying oil to Cuba. Mexico halted oil shipments in January but pledged food assistance.
From
Mike Schuler
via
gCaptain
CK Hutchison Escalates Legal Battle Over Panama Ports Ruling
Hong Kong-based CK Hutchison has escalated a legal fight over its Panama Canal port concessions, triggering treaty arbitration and raising uncertainty over operations at the Balboa and Cristobal terminals as Panama advances plans for a forced transition.
From
Mike Schuler
via
gCaptain
Fatal German Bight Ship Collision Was ‘Wholly Avoidable,’ MAIB Says
Five sailors are dead because no one acted in time. A final investigation into the German Bight collision that sank the cargo ship Verity finds basic collision rules were ignored, decisive maneuvers were delayed, and shore-side intervention came too late to stop a preventable tragedy.
From
Mike Schuler
via
gCaptain
Navy Collision During Replenishment Draws Attention to Complex At-Sea Operations
The Arleigh Burke-class guided missile destroyer USS Truxtun (DDG-103) and the fast combat support ship USNS Supply (T-AOE-6) collided during a replenishment-at-sea operation in the Caribbean on Tuesday afternoon, according to U.S. Southern Command.
From
Mike Schuler
via
gCaptain
HMM Remains Profitable in 2025 Despite Global Freight Rate Collapse
South Korea’s HMM managed to stay in the black through a bruising 2025 for container shipping, posting a 13.4% operating margin even as freight rates collapsed across major trade lanes and several global rivals slipped into losses.
From
Mike Schuler
via
gCaptain
Container Rates Slide for Fifth Week as Lunar New Year Demand Disappoints
Global container shipping rates fell for a fifth consecutive week as the usual pre-Lunar New Year cargo surge failed to materialize, prompting carriers to ramp up blank sailings across major trade lanes.
From
Bloomberg
via
gCaptain
Gas-Hungry Europe to Get Rare LNG Shipment Reloaded From China
A liquefied natural gas shipment reloaded from China — the world’s top buyer of the fuel — is heading to Europe, a rare move that highlights the continent’s push to refill dwindling inventories.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Corn Heads Lower as Traders Take Risk Off Approach on Fresh Tariffs
Corn posted losses across the board on Wednesday, with contracts down 6 to 10 cents at the close. The front months were the leaders. The CmdtyView national average Cash Corn price was down 9 cents at $4.22 1/4. Retaliatory tariffs from the EU due to the US tariffs on steel...
From
Sean Lusk
via
Barchart
Grain Spreads: USDA No Help in Wheat
Higher Supplies and Lower Demand Pressure
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
These Markets Will Correct - Opportunity Exists Now - And December'25 Corn Call Spreads
From
Mike Schuler
via
gCaptain
Video Footage Reveals Critical Moments Before Ship Collision in Dense Fog Off UK Coast
New video footage has emerged showing the crucial moments leading up to the collision between the containership SOLONG and the tanker STENA IMMACULATE off England’s East Yorkshire coast, captured by...
From
Jim Wyckoff
via
Barchart
Grains Futures Markets Traders Brush Off WASDE. What to Watch Next.
The USDA supply and demand report failed to move the needle for grain traders as the focus remains on tariffs and an escalating trade war.
From
Mike Schuler
via
gCaptain
REGENT Unveils World’s First Full-Scale Electric Seaglider, Begins Historic Sea Trials
REGENT Craft has achieved a significant milestone in maritime transportation with the unveiling of its first full-scale seaglider prototype, marking a pivotal moment in the evolution of coastal transportation. The...
From
Mike Schuler
via
gCaptain
Done Deal: Historic ILA-USMX Contract Brings Six Years of ‘Labor Peace’ to East and Gulf Coast Ports
International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) officials gathered in North Bergen, New Jersey on Tuesday to formally sign a landmark six-year master contract agreement, securing unprecedented...
From
Austin Schroeder
via
Barchart
Soybeans Giving into Weakness on Wednesday
Soybeans are facing continued weakness on Wednesday, with losses of 11 to 14 cents across most nearbys. The cmdtyView national front month Cash Bean price was down 14 1/4 cents at $9.33. Soymeal futures are down $1.90/ton in the nearbys, with Soy Oil futures 33 points lower. There were 60...
From
Austin Schroeder
via
Barchart
Corn Falling at Midday with Tariff Risk Off
The corn market is posting double digit losses across most contracts on Wednesday, with contracts 10 to 12 cents lower in the nearbys. New crop December is 7 cents lower. CmdtyView’s national average Cash Corn price is down 11 1/2 cents at $4.20 1/2. Canada’s energy minister stated that potential...
From
Austin Schroeder
via
Barchart
Wheat Slipping Weaker on Wednesday
The wheat market is trading with contracts mostly weaker on Wednesday. Chicago SRW futures are 3 to 4 cents in the red on the day. KC HRW futures are steady at midday. MPLS spring wheat is down 4 to 5 cents. There were 12 deliveries for March CBT wheat futures...
From
Mike Schuler
via
gCaptain
ZIM Reports Strong 2024 Turnaround, Sets Conservative 2025 Outlook Amid Red Sea Crisis
International container shipping company ZIM (NYSE: ZIM) has reported a remarkable recovery in 2024, posting a net income of $2.15 billion, marking a significant turnaround from the $2.69 billion loss...
From
Bloomberg
via
gCaptain
Canada Strikes Back in Trade War With Tariffs on US Steel, Aluminum
Canada announced new 25% tariffs on about C$30 billion ($20.8 billion) of US-made products, including steel and aluminum, after the Trump administration went ahead with global levies on imports of those two materials.