.svg){kind=icon}
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
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
Maersk’s Record-Setting Dual-Fuel Containership Goes LEGO
The Danish toy giant LEGO is set to launch a new collector’s set celebrating Maersk’s methanol-powered flagship, Ane Maersk. The Maersk Dual-Fuel Container Vessel (40955) hits shelves on March 1, bringing the world’s first...
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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
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.
From
Reuters
via
gCaptain
Ukraine Bets on US LNG as Gas Import Needs Rise
Ukraine may import large volumes of U.S. gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv struggles with the impact of Russian attacks on its infrastructure.
From
Reuters
via
gCaptain
Four Killed in Russian Strike on Grain Ship in Odesa Port
March 11 (Reuters) – A Russian missile attack on Tuesday damaged a grain vessel in the Black Sea port of Odesa, killing four people, Ukrainian authorities said. A ballistic missile struck the MJ Pinar...
From
Mike Schuler
via
gCaptain
Update: Both Vessels Stabilize Following Major North Sea Collision as Investigation Continues
The Maritime and Coastguard Agency (MCA) reports significant progress in stabilizing two vessels involved in a serious collision off England’s East Yorkshire coast, with fires substantially reduced on both ships...
From
Reuters
via
gCaptain
UK Ship Crash Captain is Russian National, Owner Says
The captain of a ship that hit a U.S. tanker off northeast England is a Russian national, the company which owns the vessel said, as police continued their inquiries into the accident and fears over the environmental impact of the crash eased.
From
Oliver Sloup
via
Barchart
Grain Markets Retreat Following Monthly WASDE Report
Grain markets came under pressure at yesterday’s close which has led to weakness in the overnight and early morning trade. Technicals in focus for today’s trade.
From
Austin Schroeder
via
Barchart
Soybeans Slip Weaker into the Tuesday Close
Soybeans are trading with losses on Wednesday morning of 6 to 7 cents across most 2025 contracts. Futures slipped back on Tuesday, closing 1 to 3 cents lower, as USDA made no changes to the US balance sheet. Preliminary open interest showed a rotation of ownership, down just 367 contracts....