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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
Arctic Ship Traffic Hits Record High in 2025 as Resource Projects Drive Growth
Ship traffic in the Arctic reached a new milestone in 2025, with 1,812 unique vessels operating inside the Polar Code area, according to new data released by the Arctic Council Working Group on the Protection of the Arctic Marine Environment (PAME). The figures mark a 40% increase from 2013, when PAME began tracking traffic through its Arctic Ship Traffic Data (ASTD) system.
From
The Loadstar
via
gCaptain
Explainer: The US Maritime Action Plan and What It Means for Shipping Lines
The White House’s 13 February Maritime Action Plan (MAP) sets out an ambitious strategy: to rebuild US shipbuilding and reduce dependence on foreign-built and foreign-flagged vessels
From
Reuters
via
gCaptain
Chevron-led Consortium Signs Contracts for Gas Exploration Off Greece
A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United States' presence in the eastern Mediterranean.
From
Bloomberg
via
gCaptain
MOL Seeks Hungarian Oil Reserves to Cover Pipeline Blockage
Mol Group Nyrt, Hungary’s largest energy company, asked the government to release strategic oil reserves to keep its refineries operating while a key pipeline route through Ukraine remains blocked.
From
Malte Humpert
via
gCaptain
Russia Sends Nuclear Icebreaker From Arctic to Baltic Sea as Severe Ice Chokes Shipping
Russia has dispatched two powerful icebreakers, including a nuclear-powered vessel, from Arctic waters to the Baltic Sea to help keep shipping lanes open as one of the harshest ice seasons in more than a decade disrupts traffic across northern Europe.
From
Reuters
via
gCaptain
India seizes Iran-linked US-sanctioned tankers, steps up surveillance
ndia has seized three U.S.-sanctioned tanker ships linked to Iran this month and stepped up surveillance in its maritime zone to curb illicit trade, a source with direct knowledge of the matter said on Monday.
From
Bill Allen
via
Barchart
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From
Austin Schroeder
via
Barchart
Wheat Weaker on Friday, as Tariff Date Gets Pushed Back
The wheat complex is trading with losses across the three exchanges on Friday. Chicago SRW futures are down 4 to 5 cents in the nearbys so far on the day. KC HRW futures are 6 to 7 cents lower in the front months at midday. MPLS spring wheat is 4...
From
Austin Schroeder
via
Barchart
Corn Holding Losses on Friday
Corn futures are trading with 2 to 6 cent losses across most contracts on Friday, as the official Mexico/Canadian tariff date has been pushed back to March 1. The national average Cash Corn price from cmdtyView was down 6 cents at $4.48 1/4. President Trump is planning to stick with...
From
Mike Schuler
via
gCaptain
Ocean Freight Rates Expected to Drop as Middle East Ceasefire Takes Effect
Ocean container freight rates are set to decline further in February, influenced by the Middle East ceasefire and Lunar New Year slowdown, despite carriers’ attempts to manage capacity. According to...
From
Blue Line Futures
via
Barchart
Ag Market Update & South American Weather Checkup
Matt Bresnahan and Daniel White join John Homenuk from of Empire Weather to discuss Corn & Soybean markets and the weather situation in South America as well as his early forecast for the North American Spring.
From
Reuters
via
gCaptain
Orsted Replaces CEO as Offshore Wind Industry Struggles
Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday, as it seeks to arrest an 83% slump in its share price since its 2021 peak.
From
Mike Schuler
via
gCaptain
Maersk and Hapag-Lloyd Launch Gemini Cooperation, Reshaping Global Container Shipping
The container shipping industry faces major changes as Maersk and Hapag-Lloyd launch their Gemini Cooperation on Saturday, February 1, 2025. This new partnership aims to deliver industry-leading reliability of over...
From
The Loadstar
via
gCaptain
Container Spot Rates Slip as Lunar New Year Lull Kicks In
Despite the muted trading activity since China’s new year holiday began this week, spot rates on most major east-west ocean trades continued to show slight declines.
From
Mike Schuler
via
gCaptain
Vessel Master and Company Fined After High-Speed Crash at Horizontal Falls Injures Dozens
A commercial vessel master and Journey Beyond Adventures Pty Ltd have been convicted and fined following a serious incident at Western Australia’s Horizontal Falls that resulted in multiple injuries. The...
From
Reuters
via
gCaptain
Second Ship Seized in Baltic Sea Cable Damage Investigation
Norwegian police said on Friday they had seized and boarded a Norwegian ship with an all-Russian crew on suspicion of involvement in causing damage to a telecoms cable in the Baltic Sea, the second vessel to be named by investigators in the case.
From
Mike Schuler
via
gCaptain
Hapag-Lloyd Reports Strong 2024 Results Ahead of Gemini Launch
German container shipping giant Hapag-Lloyd has reported positive preliminary financial results for 2024, with increased transport volumes and stable freight rates driving improved performance. The company achieved a Group EBITDA...
From
Mike Schuler
via
gCaptain
Atlantic Shores Presses On After Shell’s $1 Billion Offshore Wind Exit
The developer behind New Jersey’s first offshore wind farm plans to continue the project despite Shell’s withdrawal from the project. Shell on Thursday announced its exit from the Atlantic Shores...
From
Oliver Sloup
via
Barchart
Grains Retreat With Tariff Talk and End of Month Profit Taking
Grains were strong to start the week but have given up gains in Thursdays trade which has led to additional weakness in the early morning session