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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....
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Malte Humpert
via
gCaptain
EU Buys 100% of Russian Arctic LNG Just 9 Months Before Planned Gas Ban
Just nine months before a full European Union ban on Russian liquefied natural gas (LNG) is scheduled to take effect, EU buyers purchased every cargo from Russia’s Yamal LNG project in February, highlighting a stark disconnect between policy intentions and market realities.
From
Reuters
via
gCaptain
US Defends Waiver On Russian Oil Sanctions
By Katharine Jackson and Curtis Williams WASHINGTON, March 8 (Reuters) – Trump administration officials on Sunday defended a decision to temporarily lift some sanctions on Russianoil and predicted that a sharp increase in...
From
Bloomberg
via
gCaptain
Iran Picks New Leader As Escalating War Deepens Oil Shock
By Arsalan Shahla, Josh Wingrove and Omar Tamo Mar 8, 2026(Bloomberg) —Iran picked a new supreme leader and kept up attacks on the ninth day of the war in the Middle...
From
Reuters
via
gCaptain
Tokyo Prepared To Release Oil Reserve Amid Iran Crisis
TOKYO, March 8 (Reuters) – A senior Japanese parliament member said on Sunday that the government instructed a national oil reserve storage site to prepare for a possible release of crude, as...
From
Mike Schuler
via
gCaptain
Crude Oil Spill Draws Large Response at Nation’s Only Deepwater VLCC Port
Cleanup operations are continuing in the Gulf of Mexico near Grand Isle, Louisiana, after a crude oil spill linked to the Louisiana Offshore Oil Port (LOOP) prompted a large-scale response led by federal...
From
Brady Sidwell
via
Barchart
War premium fueling Friday’s commodity surge
USDA Grain Reports on March 10th
From
Bloomberg
via
gCaptain
US May ‘Unsanction’ More Russia Oil Post India Move
By Daniel Flatley Mar 7, 2026(Bloomberg) –Treasury Secretary Scott Bessent said the US may lift sanctions on further Russian oil supply after a move Thursday to give Indian refiners the green...
From
Reuters
via
gCaptain
US Pressing Sri Lanka Not To Repatriate Iranian Crew From Sunken Ship
By Humeyra Pamuk WASHINGTON, March 6 (Reuters) – The United States is pressing Sri Lanka’s government not to repatriate the survivors from the Iranian warship it sank this week, as well as...
From
Nick Ehrenberg
via
Barchart
Wheat Hits The ONE44 Short Term Target, 618.00
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Bloomberg
via
gCaptain
Second Bulk Carrier Claiming To Be Chinese Passes Through Hormuz
By Serene Cheong Mar 7, 2026 (Bloomberg) –Another bulk carrier signaled it was Chinese-owned as it sailed through the Strait of Hormuz, the narrow waterway at the mouth of the Persian...
From
Reuters
via
gCaptain
Kuwait Declares Force Majeure Due To Middle East Conflict
March 7 (Reuters) – Kuwait has implemented a precautionary reduction in crude oil production and refining throughput after the ongoing attacks by Iran against the country and the effective closure of the...
From
Reuters
via
gCaptain
India Allowed Iranian Warship To Dock As U.S. Sank Another Off Sri Lanka
NEW DELHI, March 6 (Reuters) – India has allowed an Iranian warship to dock as a humanitarian gesture, Foreign Minister Subrahmanyam Jaishankar said on Saturday, after the U.S. sank another Iranian navy vessel off...