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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
Walsh Gamma Trader
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From
Austin Schroeder
via
Barchart
Wheat Rebounds on Tuesday
The wheat market posted a turnaround session across the three exchanges on Tuesday. Chicago SRW futures were up 9 to 10 cents in the nearbys. KC HRW futures were 7 to 9 cents higher in the front months. MPLS spring wheat was 11 to 12 cents in the green. Texas...
From
Austin Schroeder
via
Barchart
Corn Posts Turnaround Tuesday Gains
The corn market bounced back on Tuesday, with contracts closing 2 to 4 cents higher across most nearbys. The national average Cash Corn price from cmdtyView is up 3 cents at $4.50 3/4. USDA reported a private export sale of 132,000 MT of corn this morning to South Korea for...
From
Mike Schuler
via
gCaptain
Panamax Pain as China’s Grain Imports Plunge 51%
China’s push for import independence combined with falling soybean demand has driven the country’s imported grain shipments down 51% year-over-year this month. According to BIMCO, this decline has significantly affected...
From
Mike Schuler
via
gCaptain
Georgia Ports Authority Reports Strong Growth, Major Infrastructure Expansion in Early 2025
Port of Savannah handled over 2.8 million TEUs in the second half of 2024, marking an 11.4% increase from the previous year, the Georgia Port Authority reported Tuesday. December 2024...
From
Mike Schuler
via
gCaptain
Sean Duffy Confirmed as Trump’s Transportation Secretary
The U.S. Senate has confirmed former Congressman Sean Duffy as Secretary of Transportation in a 77-22 vote. Duffy, who previously represented Wisconsin’s 7th congressional district and served on the Financial...
From
Mike Schuler
via
gCaptain
New Fortress Energy’s Fast LNG Facility Exceeds Design Capacity
New Fortress Energy‘s Fast LNG facility off Altamira, Mexico is operating above its nameplate capacity, delivering nine LNG cargoes since its commissioning over the summer. According to the company, the...
From
Chris Swift
via
Barchart
Shootin' the Bull about June futures over $200.00
The ability lock in the June contract to within a few dollars of today's cash is rare. Last year was a first for the June contract to make a historical high on the weekly continuation charts.
From
Mike Schuler
via
gCaptain
Senate Hearing Grills Chinese Influence Over Panama Canal Amid Trump’s Call for US Control
A Senate Commerce Committee hearing today focussed on escalating concerns over China’s growing influence on the Panama Canal, a critical waterway that handles some 40% of U.S. seaborne container traffic...
From
Austin Schroeder
via
Barchart
Corn Posting Turnaround Tuesday Gains
The corn market is bouncing back from losses on Monday, with midday gains of 4 to 6 cents across the board. The national average Cash Corn price from cmdtyView is up 5 1/2 cents at $4.52 1/4. USDA reported a private export sale of 132,000 MT of corn to South...
From
Austin Schroeder
via
Barchart
Soybean Bulls Pushing Back Higher on Tuesday
Soybeans are trading with mixed action on Tuesday, as front months are leaking lower and new crop November is up 5 cents. CmdtyView’s national front month Cash Bean price is down 2 3/4 cents at $9.81 1/4. Soymeal futures are up $1/ton, with Soy Oil futures down 10 points so...
From
Austin Schroeder
via
Barchart
Wheat Rebounding on Tuesday
The wheat market is trading with gains across the three exchanges at Tuesday’s midday. Chicago SRW futures are up 10 to 12 cents in the nearbys. KC HRW futures are 7 to 9 cents higher in the front months. MPLS spring wheat is 9 to 12 cents in the green....
From
Bloomberg
via
gCaptain
Oceans Are Warming Faster and Faster as the Earth Traps More Energy
The world’s oceans are warming four times faster than they were in the late 1980s, according to a new study. The alarming acceleration helps explain why 2023 and 2024 saw unprecedented ocean temperatures — and more extreme storms.