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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
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.
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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....
From
Austin Schroeder
via
Barchart
Corn Falling Early on Wednesday
The corn market is showing early weakness on Wednesday, with contracts down 4 to 8 cents so far. Futures failed to hold the early session gains after USDA failed to trim back their ending stocks projection on Tuesday, with contracts closing fractionally to 3 cents in the red. CmdtyView’s national...
From
Austin Schroeder
via
Barchart
Wheat Posting Marginal Losses on Wednesday Morning
The wheat market is trading with slight 1 to 4 cent losses early on Wednesday. Wheat closed lower across the three exchanges on Tuesday with more wheat expected this month for the end of the marketing year. Chicago SRW futures were down 4 to 6 cents on the day. KC...
From
Darin Newsom
via
Barchart
What Happened to Markets Overnight?
As has become standard, the first thing we have to check on is what was said from the market close the previous day through the early morning hours.
From
Austin Schroeder
via
Barchart
Soybeans Slip Weaker into the Tuesday Close
Soybeans slipped back on Tuesday, closing 1 to 3 ents lower, as USDA made no changes to the US balance sheet. The cmdtyView national front month Cash Bean price was down 2 cents at $9.47 1/4. Soymeal futures were steady to down 50 cents/ton in the nearbys, with Soy Oil...
From
Austin Schroeder
via
Barchart
Wheat Holds Tuesday Losses as USDA Raises Stocks Estimate
Wheat closed lower across the three exchanges on Tuesday with more wheat expected this month for the end of the marketing year. Chicago SRW futures were down 4 to 6 cents on the day. KC HRW futures close with 6 to 7 cent losses in the front months. MPLS spring...
From
Austin Schroeder
via
Barchart
Corn Heads Lower into the Close
Corn futures failed to hold the early session gains after USDA failed to trim back their ending stocks projection on Tuesday, with contracts closing fractionally to 3 cents in the red. CmdtyView’s national average Cash Corn price was down 1 1/4 cents at $4.31 1/4. The USDA’s updated balance sheet...
From
Mike Schuler
via
gCaptain
Houthis Issue New Maritime Threat as Gaza Aid Deadline Passes
Yemen’s Houthi forces have declared an immediate ban on Israeli ships in the Red Sea, Arabian Sea, Bab al-Mandab Strait, and Gulf of Aden, threatening to attack any vessels that...
From
Mike Schuler
via
gCaptain
Container Leasing Giant Triton Acquires GCI in Major Consolidation Move
Triton International Limited, the world’s largest lessor of intermodal freight containers, announced yesterday an agreement to acquire Global Container International LLC (GCI), marking a significant consolidation in the maritime container...