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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
Austin Schroeder
via
Barchart
Soybeans Close Back and Forth Session with Slight Losses
Soybeans were down 1 to 2 cents across the front months on Thursday. The cmdtyView national average Cash Bean price was down 1 cent at $10.84 3/4. Soymeal futures are $1.20 to $2.20 in the front months, with Soy Oil futures up another 91 to 109 points in the nearbys....
From
Austin Schroeder
via
Barchart
Corn Bulls Find Footing to Push Higher into Thursday’s Close
Corn bulls found some late day momentum to push 1 to 3 cents higher at the close. The CmdtyView national average Cash Corn price was up 2 1/2 cents to $4.00 1/2. The spring base Crop Insurance price will be set by the close on Friday, as the average December...
From
Mike Schuler
via
gCaptain
Permanent Docking Pier Reaches McMurdo Station After 9,100-Nautical-Mile Tow
The McMurdo Docking Pier has successfully arrived at McMurdo Station, the United States' research station in Antarctica, after completing a 9,159-nautical-mile journey across the Pacific and Southern Oceans.
From
Chris Swift
via
Barchart
Shootin' the Bull about lines in the sand
The close below $239.10 April sets the stage for some definitive points of interest.
From
Andrew Hecht
via
Barchart
Are Wheat Prices too Low?
CBOT soft red winter wheat futures have traded in a sideways range, with the nearby contract price between $4.9225 and $5.8350 per bushel since August 2025. As the uncertainty of the 2026 crop year in the Northern Hemisphere approaches, CBOT wheat futures are in a sideways trend.
From
Bloomberg
via
gCaptain
Russia and Iran Launch Oil Price War for Chinese Buyers as India Retreats
Russian and Iranian oil producers are slashing prices in a fierce competition for Chinese buyers after India cut imports by 40%. Nearly 48 million barrels of Iranian crude now sit stranded at sea as China's independent refiners reach capacity limits.
From
Mike Schuler
via
gCaptain
Trump Admin Launches Environmental Review for California Offshore Oil Lease Sales
The U.S. Bureau of Ocean Energy Management (BOEM) announced Wednesday that it will begin preparing a programmatic environmental impact statement (PEIS) to evaluate potential offshore oil and gas lease sales across California’s...
From
Austin Schroeder
via
Barchart
Wheat Showing Mixed Trade on Thursday
The wheat complex is mixed on Thursday, with the hard red contracts slipping. Chicago SRW futures are up 1 to 3 cents in the front months. KC HRW futures are down 3 to 4 cents at midday. MPLS spring wheat is fractionally to 4 cents in the red. A band...
From
Austin Schroeder
via
Barchart
Corn Slipping Back on Thursday
Corn futures are trading with 1 to 2 ½ cent gains across the front months on Thursday. The CmdtyView national average Cash Corn price is down 2 cents to $3.96 3/4. USDA reported a private export sale of 178,000 MT of corn to Japan this morning with 154,000 MT for...
From
Austin Schroeder
via
Barchart
Soybeans Falling at Thursday’s Midday
Soybeans are down 7 to 9 ½ cents across the front months on Thursday. The cmdtyView national average Cash Bean price was up 10 cents at $10.85 1/2. Soymeal futures are $2.10 to $2.50 in the front months, with Soy Oil futures up another 100 to 106 points in the...
From
Mike Schuler
via
gCaptain
Container Spot Rates Extend Losing Streak Despite Factory Reopenings
Drewry World Container Index reveals global container shipping rates fell 1% to $1,899 per 40-foot container this week, marking the seventh consecutive weekly decline as the traditional pre-Lunar New Year...
From
Austin Schroeder
via
Barchart
Corn Posting Thursday AM Gains
Corn price action is up 1 to 2 cents early on Thursday. Futures posted 2 to 3 ½ cent gains across most contracts on Wednesday. Open interest was down 14,323 contracts, mainly in the March, dropping 34,798 contracts ahead of FND. The CmdtyView national average Cash Corn price was up...