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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
Brady Sidwell
via
Barchart
Weaker US$, weather could spur grain bulls after holiday
Markets closed Monday; grains re-open Mon night
From
Jim Roemer
via
Barchart
What does short covering mean in commodities? & How is weather influencing the grain market?
Jim’s MUST WATCH video covers what you need to know about grain market weather in the months to come
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed into the Long Weekend
The wheat complex closed mixed across the three markets, with the spring wheat the strongest. Chicago SRW futures were 2 to 3 cents lower on the day, with July rallying up 17 ½ cents this week. The Kansas City HRW contracts closed 1 to 2 cents in the red, as...
From
Austin Schroeder
via
Barchart
Soybeans Hold onto Weekly Gains Despite Weaker Friday Action
Soybean futures closed out Friday with contracts down 4 to 7 ¼ cents, as July was still up 10 ¼ cents this week. November saw a 15 cent pop since last Friday. The cmdtyView Cash Bean price was down 7 1/4 cents to $10.11. Soymeal futures were $2.20-2.40/ton lower on...
From
Austin Schroeder
via
Barchart
Corn Corrects Lower into Long Weekend
Corn futures fall back from the weekly strength, as the tariff news gave the bulls an excuse to take some money off the table ahead of the three-day weekend. Contracts were down 2 to 4 cents, as July was up 16 cents this week, and December rallies 15 ¼ cents....
From
Ben DiCostanzo
via
Barchart
Cattle Neutral and Feeders Higher in Front of Cattle on Feed Report, Hogs Trade Lower
Cattle Markets drift in front of Cattle on Feed, while Hogs work lower
From
Mike Schuler
via
gCaptain
Second Officer Charged in Containership’s Grounding Near Norwegian Home
A Ukrainian Second Officer has been charged with negligent navigation under Norway’s Ship Safety and Security Act after the containership NCL Salten ran aground near Trondheim on Thursday. The officer,...
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Releases Footage of Titan Sub’s Final Moments
The U.S. Coast Guard has released footage documenting the final moments of OceanGate’s Titan submersible, capturing the instant the vessel was lost during its descent to the Titanic wreck site....
From
Bloomberg
via
gCaptain
Poland Says Key Infrastructure at Risk After Baltic Sea Incident
Polish Prime Minister Donald Tusk warned on Thursday that the Baltic Sea is becoming “a new area of confrontation” with Russia, putting the country’s critical infrastructure increasingly at risk.
From
Austin Schroeder
via
Barchart
Soybeans Slipping Back Ahead of Long Weekend
Soybean futures are posting losses of 5 to 9 cents across most contracts on Thursday. The cmdtyView Cash Bean price is down 8 ½ cents to $10.10 3/4. Soymeal futures are $2.90/ton higher on the day, with Soy Oil futures up 36 points. The market will be closed on Monday...
From
Austin Schroeder
via
Barchart
Wheat Market Mixed at Midday
The wheat complex is trading with mixed action, as spring wheat is holding higher. Chicago SRW futures are 3 to 4 cents lower on the day. The Kansas City HRW contracts are 3 to 4 cents in the red at midday. Minneapolis spring wheat futures are up 5 to 7...