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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
Walsh Trading
via
Barchart
MAY-SEPT ’26 SOYBEAN SPREAD (ZSK26-ZSU26) - WALSH PURE SPREADER
WALSH PURE SPREADER - Pure Hedge Division
From
Austin Schroeder
via
Barchart
Wheat Rallies on Wednesday
The wheat complex found some strength on Wednesday. Chicago SRW futures closed out the session with strength as front months were up 5 to 9 cents. KC HRW futures were up 5 to 8 cents on Wednesday. MPLS spring wheat was 2 to 4 ¼ cents higher on the session....
From
Austin Schroeder
via
Barchart
Soybeans Hold onto Gains on Wednesday
Soybeans posted gains of 1 to 4 3/4 cents to close out Wednesday. The cmdtyView national average Cash Bean price was up 2 cents at $10.58 1/4. Soymeal futures were $1.00 to $2.20 higher on the day, with Soy Oil futures slipping 15 to 36 points on the day. The...
From
Austin Schroeder
via
Barchart
Corn Sees Spreading on Wednesday, with New Crop Seeing Gains
Corn futures closed the midweek session with contracts down fractionally to 1 ½ cents in the nearbys. New crop contracts saw 1 to 2 ¼ cent gains. The CmdtyView national average Cash Corn price was down 1 1/4 cents at $3.94. The average close for December futures in February has...
From
Bloomberg
via
gCaptain
U.S. Warns Peru is ‘Losing Sovereignty’ Over Chinese-Owned Chancay Port
The Trump administration warned that Peru is losing sovereignty over a Chinese-owned port near its capital city, after a local judge ruled that the port is exempt from some regulatory oversight.
From
Mike Schuler
via
gCaptain
Hapag-Lloyd Reports Lower 2025 Profit as Gemini Network Takes Shape
Hapag-Lloyd reported preliminary 2025 financial results that came in at the upper end of its guidance, even as earnings fell sharply from the prior year amid higher operating costs and softer freight rates.
From
Walsh Trading
via
Barchart
Walsh Corn & Soybean Opportunities - Pure Hedge Division
Low Cost Options, With Limited Risk
From
Chris Swift
via
Barchart
Shootin' the Bull about cash, basis, and a need for more money
Firmer today with cash steady. Basis swings are what is taking place as cash is expected to be even with last week and the feeder cattle index having a difficult time pushing through the current ceiling.
From
Reuters
via
gCaptain
Dubai Ports Giant DP World Loses Major Investors Over Epstein Files Link
British International Investment and Canada's La Caisse pension fund suspended new investments with DP World after CEO Sultan Ahmed bin Sulayem was named in newly released Epstein files showing decade-long correspondence with the convicted sex offender.
From
Bloomberg
via
gCaptain
NATO Launches Arctic Mission After Trump’s Greenland Threats
NATO will bolster its Arctic presence with a new mission after US President Donald Trump triggered an alliance crisis over his attempts to take Greenland.
From
Austin Schroeder
via
Barchart
Wheat Rallying on Wednesday
The wheat complex is pushing higher so far on Wednesday. Chicago SRW futures are trading with 5 to 7 cent gains so far. KC HRW futures are up 5 to 7 cents on Wednesday. MPLS spring wheat is steady to fractionally higher at midday Export Sales data from USDA will...