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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
Hapag-Lloyd’s Terminal Arm Expands European Footprint with Majority Stake in Key French Port
Hanseatic Global Terminals (HGT), the terminal operating subsidiary of ocean carrier Hapag-Lloyd, has acquired a 60% stake in CNMP LH, which operates the Atlantique container terminal in Le Havre, France....
From
Bloomberg
via
gCaptain
Russian Oil Flows Surge in Sign US Sanctions Starting to Crumble
US sanctions on Russia’s oil tanker fleet are showing signs of faltering, after a clutch of blacklisted vessels loaded cargoes for the first time in more than a year to drive up the country’s crude shipments.
From
Reuters
via
gCaptain
US Navy Shipbuilding Called Too Slow and Costly as Trump Vows Change
The US Navy keeps falling short in shipbuilding, with costs too high and deliveries too slow, the service’s acting acquisition chief said in written testimony submitted for a House hearing on Tuesday.
From
Jim Roemer
via
Barchart
Stocks may tumble and fall, but certain commodities remain essential to life
Trading futures is like climbing up a bolt of lightning in a thunderstorm
From
Austin Schroeder
via
Barchart
Soybeans Higher at Midday, with very Few USDA Adjustments
Soybeans are trading with 2 to 4 cent gains so far on Tuesday, as USDA made no changes to the US balance sheet. The cmdtyView national front month Cash Bean price is up 3 1/4 cents at $9.53 3/4. Soymeal futures are up 60 cents/ton in the nearbys, with Soy...
From
Austin Schroeder
via
Barchart
Wheat Creeping Lower As USDA Raises Carryout Estimate
Wheat is trading with midday weakness across the three exchanges on Tuesday. Chicago SRW futures are down 2 to 5 cents so far on the day. KC HRW futures are down 4 to 5 cents in the front months. MPLS spring wheat is 5 to 7 cents lower in the...
From
Austin Schroeder
via
Barchart
Corn Holding Higher Despite No Major USDA Changes
The corn market is holding near the pre-report trade, with contracts up factionally to 3 cents so far on Tuesday, despite no major changes to the USDA data. CmdtyView’s national average Cash Corn price is up 3 cents at $4.35 1/2. The USDA’s updated balance sheet from this morning saw...
From
Reuters
via
gCaptain
Trump Unleashes Sweeping Tariffs on Metal Imports
U.S. President Donald Trump's bulked-up tariffs on steel and aluminum due to launch within hours will hit nearly $150 billion worth of derivative products made from the metals for the first time, ranging from nuts and bolts to bulldozer blades and threatening cost increases for industry and consumers alike.
From
Mike Schuler
via
gCaptain
Arrest Made After Fatal Collision Between US Military-Chartered Tanker and Containership Off UK Coast
A 59-year-old man has been arrested on suspicion of gross negligence manslaughter following a collision between a US military-chartered tanker and a containership off England’s East Yorkshire coast that has...
