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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
Austin Schroeder
via
Barchart
Soybeans Pulling Off Overnight Lows
The soybean market is pulling off the sharply lower overnight start, with contracts down 2 to 5 cents on Thursday morning. Soybeans posted gains of 8 to 12 cents across most contracts on Wednesday. The Preliminary ope interest data showed a drop of 4,832 contracts on Wednesday. The cmdtyView Cash...
From
Austin Schroeder
via
Barchart
Corn Steady on Thursday Morning
Corn is trading with fractionally mixed action on Thursday AM. Futures posted gains of 6 to 7 ½ cents across most contracts on Wednesday, helped by a weaker US dollar index and a rebound in ethanol production. Preliminary open interest was up 4,587 contracts on Wednesday. The front month CmdtyView...
From
Bloomberg
via
gCaptain
Russia Vows to Defend Its Ships in Baltic Sea
Russia will defend its vessels in the Baltic Sea by all legal means, the Kremlin said, days after briefly deploying a fighter jet as Estonian officials tried to halt a so-called shadow fleet tanker in their economic zone.
From
Austin Schroeder
via
Barchart
Wheat Pulls Back from Highs, Still Posts Gains
The wheat complex closed out the Wednesday session with gains across the three exchanges, fading from off the midday highs. Chicago SRW futures were 3 to 4 cents in the green. The Kansas City HRW market posted 4 to 5 cent gains. Minneapolis spring wheat futures were up 6 to...
From
Austin Schroeder
via
Barchart
Corn Rallies into Wednesday’s Close
Corn futures posted gains of 6 to 7 ½ cents across most contracts on Wednesday, helped by a weaker US dollar index and a rebound in ethanol production. The front month CmdtyView national average Cash Corn price was up 6 3/4 cents at $4.34 3/4. EIA’s weekly update showed a...
From
Austin Schroeder
via
Barchart
Soybeans Rally Higher on Wednesday
Soybeans posted gains of 8 to 12 cents across most contracts on Wednesday. The cmdtyView Cash Bean price was up 10 cents to $10.13 1/2. Soymeal futures were $1.50 to $3/ton higher on the day, with Soy Oil futures up 27 to 36 points. Rain is expected across much of...
From
Sean Lusk
via
Barchart
Grain Spreads: Short Covering Driving Wheat Push
Will the Funds Sell This Rally?
From
Mike Schuler
via
gCaptain
Admiral Lunday Nominated to Lead Coast Guard Amid Push for ‘Revolutionary’ Reform
The Department of Homeland Security Secretary Kristi Noem has announced the nomination of Admiral Kevin Lunday to serve as the 28th Commandant of the U.S. Coast Guard. ADM Lunday, currently...
From
Chris Swift
via
Barchart
Shootin' the Bull about what can and can't be done
The significance of positive basis exposes producers to risk that can't be managed.
From
Reuters
via
gCaptain
Hijack Call From Ship Off Iran a False Alarm, Security Firm Ambrey Says
A hijack signal sent from a Panama-flagged petroleum products tanker off Iran was a false alarm, British maritime security firm Ambrey said on Wednesday.
From
Mike Schuler
via
gCaptain
U.S. Container Import Growth Set to Reverse as Tariffs and Ship Fees Loom
Despite strong growth in early 2025, U.S. container ports are bracing for significant volume declines due to new tariffs and planned shipping fees. The ten largest U.S. container ports recorded...
From
Jim Wyckoff
via
Barchart
How Is Moody’s U.S. Debt Downgrade Impacting Commodities Markets and for How Long?
The debt downgrade news is likely to wear off by the end of this week.