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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
China’s NewNew Shipping Line Pushes Deeper Into Arctic With First Murmansk Container Run
Chinese container carrier NewNew Shipping Line has expanded its footprint in Russia’s Arctic with the first delivery of containerized cargo to Murmansk via the Northern Sea Route, as the company moves toward a larger role in a shipping corridor attracting growing interest from China, South Korea and India.
From
The Loadstar
via
gCaptain
Panama Canal Draught Restrictions Set to Add to Congestion Chaos
Waterways the world over are contending with all manner of chaos, especially the Panama Canal where congestion is worsening as a consequence of the war in the Middle East and low-water restrictions loom.
From
Bloomberg
via
gCaptain
US Sanctions Fishing Fleet Accused of Shipping Cocaine to Mexico
The US Treasury sanctioned a fleet of fishing vessels suspected of smuggling tons of cocaine to Mexico each month, ultimately bound for the US.
From
Reuters
via
gCaptain
Iran Vows ‘Devastating’ Response to US Threat to Cut Off Its Economic Lifelines
Iran said on Friday that its response to any new U.S. threats would be "devastating" after Washington pledged to impose the toughest financial penalties in history with the aim of toppling the Iranian leadership.
From
Bloomberg
via
gCaptain
Piracy Observer Says Somali Incidents Rising as Navies Stretched
The world’s top maritime piracy observer said incidents off the coast of Somalia are on the rise again after a pair of fresh attacks this week — as two major regional conflicts stretch naval forces in the area thin.
From
Mike Schuler
via
gCaptain
Ukraine Says Russia Hit 52 Civilian Ships in Six Weeks as Black Sea Attacks Escalate
Russia attacked 52 civilian vessels in the Black Sea during July and the first half of August, according to Ukraine’s infrastructure ministry, highlighting a sharp escalation in attacks on commercial...
From
Mike Schuler
via
gCaptain
Panama Canal to Cut Daily Transits as Optimistic Water Outlook Fades
The Panama Canal is cutting daily transit capacity and overhauling its auction system as below-expected rainfall puts renewed pressure on the waterway’s freshwater supplies, just months after officials said they...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Reuters
via
gCaptain
OPEC+ Adopts Plan for 2027 Baselines Ahead of July Output Hike Talks
OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday could agree a further accelerated oil output hike for July.
From
Mike Schuler
via
gCaptain
USTRANSCOM Report Reveals Key Challenges in U.S. Strategic Seaport Dredging Operations
A recently declassified U.S. Transportation Command (USTRANSCOM) report has identified significant challenges affecting dredging operations at strategic U.S. seaports, with findings that contradict common assumptions about equipment availability under the...
From
Mike Schuler
via
gCaptain
Watch: Great Lakes Bulk Carrier Has Near Miss with Seawall in St. Clair River
The M/V American Spirit, a self-unloading bulk carrier, narrowly avoided alliding with a seawall in the St. Clair River near Port Huron, Michigan on Tuesday. Footage of the incident, which...
From
Mike Schuler
via
gCaptain
EU Unveils Black Sea Maritime Security Strategy Amid Escalating Threats
The European Union has announced a new strategic initiative for the Black Sea region, with maritime security and connectivity at its forefront. The strategy introduces a dedicated Black Sea Maritime...
From
Bloomberg
via
gCaptain
Australia Looks to Avoid a Panama Repeat in China Port Showdown
Prime Minister Anthony Albanese is confronting a fresh diplomatic dilemma with China: How to fulfill a pledge to regain control of a strategic port without jeopardizing improved relations with his country’s largest trading partner.
From
Reuters
via
gCaptain
China Flexes Military Muscle with East Asian Naval Activity, Sources Say
China has flexed its muscles this month by sending an unusually large number of naval and coast guard vessels through a swathe of East Asian waters, according to security documents and officials, in moves that have unnerved regional capitals.
From
Austin Schroeder
via
Barchart
Corn Getting a Wednesday AM Bounce, as Ratings Start Below Estimates
Corn prices are up 1 to 2 cents across most contracts so far on Wednesday morning. Futures were weighed down by a weaker wheat market, as contracts closed steady in July and 4 to 5 cents lower in the new crop months. Preliminary open interest was down just 828 contracts,...
From
Austin Schroeder
via
Barchart
Soybeans Slipping in Early Wednesday Trade
The soybean market is trading with contracts 2 to 3 cents on the weaker side of unchanged. Soybeans saw strength on Tuesday, as contracts were steady to 3 cents higher across most months. Preliminary open interest rose 8,893 contracts on Tuesday. The cmdtyView Cash Bean price was up 3 3/4...
From
Austin Schroeder
via
Barchart
Wheat Rebounding on Wednesday, with Poorer than Expected Ratings
Wheat is showing early Wednesday morning strength, as futures get a bounce led by the spring wheat market. The wheat complex faded lower on Tuesday. Chicago SRW futures were down 13 to 14 cents at the close. The Kansas City HRW contracts posted losses of 14 to 15 on the...
From
Nick Ehrenberg
via
Barchart
Wheat Analysis & 516.00 Target
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Mike Schuler
via
gCaptain
CMA CGM Invests $600 Million in New Vietnam Terminal as Trade Surges
CMA CGM Group has signed a partnership agreement with Saigon Newport Corporation (SNP) to develop a new deep-water terminal in Haiphong, northern Vietnam, marking a significant expansion of its presence...
From
Austin Schroeder
via
Barchart
Corn Falls Lower, as Ratings Come in Below Expectations
Corn futures were weighed down by a weaker wheat market, as contracts closed steady in July and 4 to 5 cents lower in the new crop months. The front month CmdtyView national average Cash Corn price was up 1/2 cent at $4.33 1/4. After the close, the weekly Crop Progress...