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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
Malte Humpert
via
gCaptain
‘Thamesborg’ Completes Arctic Northwest Passage After Last Year’s Grounding
Dutch general cargo vessel Thamesborg has safely completed its first transit of Canada’s Northwest Passage since running aground on an uncharted shoal in the route last year, with the vessel passing within a few nautical miles of the site of the accident.
From
Reuters
via
gCaptain
Tankers Stack Up as Venezuela Sells Oil Faster Than Its Ports Can Handle
Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of aging infrastructure, power outages and quality issues, according to shipping data, sources and documents.
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
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.
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From
Reuters
via
gCaptain
Global Energy Costs Soar as Iran Crisis Disrupts Shipping, Oil and Gas Production
Global oil and gas prices jumped on Tuesday as the U.S.-Israeli war on Iran halted energy exports from the Middle East, with Tehran attacking ships and energy facilities, closing navigation in the Gulf and forcing production stoppages from Qatar to Iraq.
From
Bloomberg
via
gCaptain
China Calls on All Sides to Protect Ships Transiting Hormuz
China has called on all sides of the Iran war to ensure the safe passage of ships through the Strait of Hormuz, the most direct call to date from the Islamic Republic’s top economic partner for continued trade through the waterway.
From
Austin Schroeder
via
Barchart
Wheat Bulls Give Recent Strength Back on Monday
The wheat complex was in give back mode on Monday, with all three markets weaker. Chicago SRW futures were down 14 to 17 cents across most contracts. KC HRW futures were down 5 to 6 cents at the close. MPLS spring wheat as down 1 to 3 cents on Monday....
From
Austin Schroeder
via
Barchart
Soybeans Falls Lower on Monday with Geopolitical Uncertainty
Soybeans were 5 to 8 cents lower in the front months on Monday, with new crop contracts fractionally higher. There were another 158 deliveries issued on Friday evening. The cmdtyView national average Cash Bean price was down 2 cents at $10.91 1/4. Soymeal futures fell $2.30 to $7.60 lower, with...
From
Austin Schroeder
via
Barchart
Corn Posts Front Month Losses on Monday
Corn futures rounded out Monday trade, with contracts down fractionally to 5 ½ cents in the nearbys. Deferred new crop contracts were up fractionally to 2 1/4 cents. There were 448 deliveries issued on Friday night. The CmdtyView national average Cash Corn price was down 1 1/2 cents to $4.05...
From
Sean Lusk
via
Barchart
Grain Spreads: Short Dated Hedge Idea
Short Term Hedge Idea for March Soybeans
From
Don Dawson
via
Barchart
Chicago Board of Trade Wheat Futures: Is a Sustained Rally Brewing?
Geopolitics alert: The 2026 US-Israel-Iran conflict has disrupted the Strait of Hormuz, spiking oil & freight costs. Higher energy = pricier fertilizer/transport → potential floor under wheat prices.
From
Mike Schuler
via
gCaptain
Gulf War Risk Insurance Pulled as Reinsurers Exit
The global marine insurance market is rapidly retrenching from the Persian Gulf as escalating military conflict between the United States, Israel, and Iran pushes the region’s maritime risk profile to...
From
Chris Swift
via
Barchart
Shootin' the Bull about direct and indirect impacts on consumers
Higher fuel prices are expected to be a direct impact on consumers discretionary spending habits.
From
Mike Schuler
via
gCaptain
Shipping Industry Demands Protections for Maritime Workers on Front Lines of Middle East Conflict
The escalating military conflict in the Middle East has placed seafarers and port workers on the front lines of a geopolitical crisis, prompting urgent calls from international maritime organizations for...