.svg){kind=icon}
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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Walsh Trading
via
Barchart
Chart of the Day - May Wheat
Has Wheat made a long-term bullish turn, or will this turn out to be a selling opportunity for farmers?
From
Mike Schuler
via
gCaptain
DP World, APM Terminals Partner at Jeddah to Strengthen Red Sea Hub
DP World and APM Terminals have formed a strategic partnership at Saudi Arabia’s Jeddah Islamic Port, with APM acquiring a 37.5% stake in the Southern Container Terminal. The move strengthens both operators’ positions at a key Red Sea gateway linking Asia, Europe, and Africa, while reinforcing Jeddah’s role in regional trade and integrated logistics.
From
Chris Swift
via
Barchart
Shootin' the Bull about a lot of different things
A tremendous amount of volatility today. Futures appeared to begrudgingly move higher with cash remaining firm.
From
Reuters
via
gCaptain
Denmark Hold Iran-Flagged Containership Over Registration Concerns
Denmark's maritime authority said on Thursday it had detained an Iran-flagged container vessel anchored in the Nordic country's waters on the grounds that it was not properly registered.
From
Austin Schroeder
via
Barchart
Corn Slipping Lower on Thursday
Corn futures are trading with midday losses of 1 to 2 1/2 cents on Thursday. The CmdtyView national average Cash Corn price is up ½ cent to $3.94 1/2. EIA data from this morning showed ethanol production in the week ending on 2/13 at 1.118 million barrels per day, up...
From
Austin Schroeder
via
Barchart
Wheat Rally Continuing on Thursday
The wheat complex is in rally mode across all three markets on Thursday. Chicago SRW futures are trading 10 to 12 higher so far on the day to lead the bull’s charge. KC HRW futures is joining in on the rally, with futures up 9 to 11 cents so far...
From
Austin Schroeder
via
Barchart
Soybeans Pushing Higher on Thursday
Soybeans are posting 4 to 5 cents across the front months on Thursday’s midday. The cmdtyView national average Cash Bean price is down 4 cents at $10.64 1/2. Soymeal futures are up 40 to 20 cents lower in the front months, with Soy Oil futures 85 to 90 points higher....
From
Reuters
via
gCaptain
Ukraine’s Grain, Iron Ore Exports Hit by Russian Strikes on Ports This Winter
Russian airstrikes on Ukraine's Black Sea ports late last year have reduced their capacity and harmed Ukrainian agricultural and mineral exports, industry sources said, the country's main source of income during its four-year war with Russia.
From
Mike Schuler
via
gCaptain
Sixth Straight Week of Decline: Container Rates Fall as Pre-Lunar New Year Surge Fails to Materialize
Global container shipping rates extended their decline for a sixth consecutive week, dropping 1% to $1,919 per 40-foot container as the traditional pre-Lunar New Year cargo rush continues to disappoint...
From
Bloomberg
via
gCaptain
US Notches One of Its Biggest Annual Trade Gaps Since 1960
The U.S. trade deficit widened to $70.3 billion in December, pushing the full-year 2025 shortfall to $901.5 billion despite months of tariff-driven volatility. Imports rose 3.6% while exports slipped 1.7%, with swings in gold, pharmaceuticals, and computer equipment distorting monthly figures.
From
Mike Schuler
via
gCaptain
After Frigate Setbacks, Navy Turns to Commercial-Style Construction Manager for Medium Landing Ship Program
The U.S. Navy has issued a Request for Proposal for a Vessel Construction Manager (VCM) to oversee production of the Medium Landing Ship, marking a significant departure from traditional shipbuilding...
From
Paul Morgan
via
gCaptain
Russia Signals Naval Shield for Shadow Fleet as Sanctions Enforcement Turns Physical
Russia has threatened to deploy its navy to protect merchant tankers linked to its oil trade, marking a sharp escalation in the battle over Western sanctions that is increasingly shifting from financial pressure to physical enforcement at sea. Senior Kremlin security official Nikolai Patrushev warned that if blockades cannot be resolved peacefully, the Russian Navy would “break any blockade,” raising the risk of direct confrontation in contested waterways such as the Baltic and North Atlantic.