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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
Reuters
via
gCaptain
Venezuela Condemns U.S. Chevron Ban, Cites Impact On Oil Exports And Trade
March 8 (Reuters) – Venezuelan President Nicolas Maduro said on Saturday that scheduled flights to bring home Venezuelan migrants from the U.S. had been affected by “this unexplained, tremendous commotion,” after the Trump administration canceled...
From
Bloomberg
via
gCaptain
US Vetoes G-7 Shadow Fleet Task Force Plan, Signals More Change
By Donato Paolo Mancini, Samy Adghirni and Laura Dhillon Kane Mar 8, 2025 (Bloomberg) –The US has rejected a Canadian proposal to establish a task force that would tackle Russia’s so-called...
From
John Konrad
via
gCaptain
Mariner Crisis Goes Unsolved In New Trump Executive Order
by Captain John Konrad (gCaptain) This week President Trump signed a huge deal with French shipping giant CMA to build approximately 20 new U.S.-flagged ships and announced at the State...
From
Mike Schuler
via
gCaptain
Canada Awards Polar Icebreaker Contract to Davie Shipbuilding Amid Arctic Strategic Push
Davie Shipbuilding, the Quebec-based shipbuilder, has secured a CAD $3.25 billion contract from the Government of Canada to construct a new polar icebreaker, with delivery expected by 2030. The project,...
From
Bloomberg
via
gCaptain
Sanctions Are Tangling, Not Stopping, China’s Iran Oil Trade
By Serene Cheong Mar 8, 2025 (Bloomberg) –Successive rounds of sanctions on companies and tankers said to be aiding Tehran are finally slowing the flow of Iranian oil to China, as costs rise...
From
Reuters
via
gCaptain
Trump’s Shipbuilding Plan Could Upend Ocean Cargo Industry, Companies Warn
By Lisa Baertlein LOS ANGELES, March 7 (Reuters) – President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive costs on ocean transport operators and spawn a new round of supply...
From
Bloomberg
via
gCaptain
Philippines Uncovers Chinese Spy Network Tracking Military In South China Sea
By Cliff Venzon Mar 7, 2025 (Bloomberg) —Philippine authorities have uncovered a network of hundreds of alleged Chinese spies, a senior official said, a much more extensive operation than previously disclosed...
From
Nick Ehrenberg
via
Barchart
Corn Completes Our 61.8% (512.00) to 61.8% (454.00) Target, Now Looking For 490.00
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Reuters
via
gCaptain
Panama Maritime Authority to Review CK Hutchison-BlackRock Port Deal
The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by BlackRock, minister to presidency Juan Carlos Orillac said on Friday.
From
Austin Schroeder
via
Barchart
Wheat Slips Back Lower on Friday
Wheat pulled back on Friday across the three exchanges. Chicago SRW futures posted losses of 2 to 3 cents, with May down 4 ½ cents this week. KC HRW futures were fractionally to a penny lower in the nearbys, as May was down 8 ¼ cents from last Friday. MPLS...
From
Austin Schroeder
via
Barchart
Soybeans Close Mixed on Friday
The soybean market saw mixed action and spreading between the old and new crop contracts. Nearbys were down 2 to 4 cents, with new crop months up 4 to 5 cents. May was down ¾ cent on the week as November slipped off 4 cents. The cmdtyView national front month...