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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
Austin Schroeder
via
Barchart
Corn Pushing Higher on Friday’s Midday
Corn is continuing to see the bulls battle back, with contracts up 1 to 6 cents so far at midday. There were 23 deliveries against March corn futures overnight. CmdtyView’s national average Cash Corn price is up 4 3/4 cents at $4.28 1/42. Export Sales data has total corn export...
From
The Loadstar
via
gCaptain
Asia-Europe Container Spot Rates Find a Floor—For Now
This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest 13 weeks of successive spot freight rate declines.
From
Mike Schuler
via
gCaptain
Coast Guard Infrastructure Crisis: Maintenance Backlog Soars to $7 Billion as Facilities Deteriorate
The U.S. Coast Guard is facing a mounting infrastructure crisis, with maintenance backlogs reaching a staggering $7 billion as of June 2024, according to a new U.S. Government Accountability Office...
From
Bloomberg
via
gCaptain
Trump Trade Wars, Sanctions Grip Already-Tight Heavy Oil Market
US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the sludgy oil and raising costs for the largest American refining center.
From
Reuters
via
gCaptain
Trump Hails $20 Billion Investment by Shipping Firm CMA CGM
U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in the United States to build out shipping logistics and terminals.
From
Mike Schuler
via
gCaptain
Mystery Mines: State Actor Likely Targeting Tankers Calling at Russian Oil Ports, Ambrey Warns
A state actor has been systematically targeting merchant vessels calling at Russian oil export facilities with naval mines since December 2024, according to a new threat assessment from maritime security firm Ambrey.
From
Oliver Sloup
via
Barchart
Excitement in the Grain Markets
Grain markets have seen volatility rise recently, presenting shorter term trade opportunities for both the Bulls and the Bears. These are the levels to keep an eye on into the last trading day of the week.
From
Reuters
via
gCaptain
EXCLUSIVE-US to Levy Fees on China-Linked Ships, Push Allies to Do Likewise, Draft Executive Order Says
The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a fleet that includes Chinese-built or Chinese-flagged vessels and will push allies to act similarly or face retaliation, a draft executive order stated.
From
Austin Schroeder
via
Barchart
Soybeans Backing on into Friday
Soybeans are trading with 1 to 3 cent losses early on Friday morning. The market closed Thursday with contracts 11 to 16 ¼ cents higher. The cmdtyView national front month Cash Bean price was up 16 cents at $9.62. Soymeal futures were up $2 to $5.10/ton on the day, with...
From
Austin Schroeder
via
Barchart
Corn Weaker to Start Friday
The corn market is trading with slight losses to start the Friday session. Futures were up from 4 to 9 ¼ cents across most contracts on Thursday, as the market tried to recover some of the losses from the past couple weeks. Preliminary open interest showed a rotation of ownership,...
From
Austin Schroeder
via
Barchart
Wheat Back to Weaker Trade on Friday Morning
Wheat is starting off Friday with losses across the three markets of 7 to 9 cents. The wheat market rallied back across the three exchanges into Thursday’s close. Chicago SRW futures were off the intraday highs, but still 5 to 7 cents higher on the day. KC HRW futures were...
From
Ben DiCostanzo
via
Barchart
Hogs Rally on Another Tariff Postponement
Hogs surge as some tariffs are delayed again