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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
Malte Humpert
via
gCaptain
Russian Nuclear Icebreaker Sustains Damage In Arctic Collision with Cargo Ship
Russian nuclear icebreaker 50 Let Pobedy (50 Years of Victory) suffered damage to its hull in a collision with a cargo ship while operating on the Northern Sea Route. Photos of the incident show a deep gash on the vessel’s port side near its bow.
From
Mike Schuler
via
gCaptain
Containership Abandoned in Red Sea After Fire, Crew Safely Rescued
The Hong Kong-flagged container ship ASL Bauhinia was abandoned in the Red Sea on Tuesday after catching fire, with all crew members safely rescued. The 1,930-TEU vessel, built in 2022,...
From
Mike Schuler
via
gCaptain
U.S. and UK Ships Transit Red Sea as Ceasefire Holds
Several U.S. and UK-affiliated vessels have successfully transited the Red Sea since the Israel-Hamas ceasefire took effect last week, signaling a potential gradual return of maritime commerce through the region...
From
Austin Schroeder
via
Barchart
Soybeans Showing Turnaround Tuesday Bounce
Soybeans are trading with gains of 2 to 4 cents so far on Turnaround Tuesday. The soybean market faced some selling pressure on Monday, with contracts down 5 to 11 cents at the close. CmdtyView’s national front month Cash Bean price was down 11 cents at $9.84. Soymeal futures were...
From
Austin Schroeder
via
Barchart
Corn Posting Early Tuesday Morning Gains
The corn market is bouncing back from losses on Monday, with fractional to 3 cent gains. Corn futures rounded out the Monday session with contracts down 2 to 4 ½ cents at the close, pulling off midday lows. The national average Cash Corn price from cmdtyView was down 4 1/2...
From
Austin Schroeder
via
Barchart
Wheat Rebounding Early on Tuesday
The wheat market is trading with gains across the three exchanges on Tuesday morning. Wheat faced weakness on Monday, with the three markets falling lower. Chicago SRW futures were down 8 to 10 cents in the nearbys. KC HRW futures were 6 to 7 lower in the front months. MPLS...
From
Oliver Sloup
via
Barchart
Grain Markets Find Thier Footing in the Early Morning Trade
Grain markets have been relatively quiet overnight as market participants digest the volatile and information that led to a volatile start to the week in some of the outside markets.
From
Darin Newsom
via
Barchart
How Are Markets Acting Heading into the January FOMC Meeting?
A look at the Barchart Futures Market Heat Map early Tuesday morning showed nearly all sectors of the commodity complex in the red.
From
Reuters
via
gCaptain
Russia Oil Trade to China, India Stalls as Sanctions Drive Up Shipping Costs
Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped, according to traders and shipping data.
From
Mike Schuler
via
gCaptain
Nine Charged in Massive Smuggling Scheme at Ports of Los Angeles and Long beach
Federal authorities have uncovered a sophisticated smuggling operation at the Ports of Los Angeles and Long Beach, leading to the arrest of eight defendants in connection with a scheme to...
From
Austin Schroeder
via
Barchart
Corn Traders Take a Risk Off Approach on Monday
Corn futures rounded out the Monday session with contracts down 2 to 4 ½ cents at the close, pulling off midday lows. The national average Cash Corn price from cmdtyView was down 4 1/2 cents at $4.47 3/4. USDA reported a private export sale of 139,000 MT of corn to...