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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
Mike Schuler
via
gCaptain
Ukraine USV Strike Leaves Laden Russian Tanker Adrift Near Bosphorus
A Turkish-owned tanker carrying Russian petroleum product was struck overnight by a suspected uncrewed surface vessel (USV) in the Black Sea, in what appears to be an escalation in attacks...
From
Mike Schuler
via
gCaptain
Hapag-Lloyd Profit Drops Sharply in 2025, Warns of Tougher Year Ahead
Hapag-Lloyd delivered solid operational performance in 2025, but a sharp drop in freight rates and rising disruption costs pushed earnings significantly lower as the container shipping market continued to normalize....
From
Bloomberg
via
gCaptain
Iran Drafting Law to Introduce Tolls for Hormuz Transit
The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according to the semi-official Fars news agency.
From
Reuters
via
gCaptain
Houthis Signal Red Sea Revival as Bab al-Mandab Emerges as Next Flashpoint
Yemen's Houthi forces stand ready to strike the Bab al-Mandab Strait in solidarity with Iran, threatening to revive Red Sea shipping chaos. The move could deepen the global oil crisis as the strategic chokepoint controls traffic to the Suez Canal.
From
Mike Schuler
via
gCaptain
Iranian Navy Chief Killed After Years of Threats, Seizures, and Hormuz Disruption
The Iranian commander who spent years threatening—and ultimately executing—Tehran’s campaign to pressure global shipping in the Strait of Hormuz has reportedly been killed, according to the U.S. military. Rear Adm....
From
Oliver Sloup
via
Barchart
Grain Markets are on the Chopping Block
Grain markets chop around as traders digest news and position ahead of the quarterly report next week.
From
Bloomberg
via
gCaptain
Key Russian Oil Port Resumes Loading Amid Attempt to Divert Flow
Russia’s top oil port in the Baltic Sea resumed loading days after it came under attack from Ukrainian drones, although the company that pipes crude there said it is trying to divert barrels elsewhere because of the incidents.
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From
Bloomberg
via
gCaptain
Gulf Oil Giants Deepen Cuts as Hormuz Halt Chokes Exports
Oil supply cuts in the Middle East are deepening, shaving about 6% off global output, as the effective closure of the Strait of Hormuz piles more pressure on producers with every day the Iran war goes on.
From
Austin Schroeder
via
Barchart
Wheat Showing Slight Losses Early on Tuesday
Wheat is showing slight losses across most winter wheat contracts to start Tuesday trade, with spring wheat facing steeper losses. The wheat complex posted Monday losses, with exception to the spring wheat contracts. Chicago SRW futures fell 13 to 14 cents in the nearbys. Open interest showed longs exiting, down...
From
Austin Schroeder
via
Barchart
Soybeans On the Higher Side to Kick Off Tuesday Trade
Soybeans are showing fractional to 2 cent gains early on Tuesday. Futures posted losses of 4 to 5 cents in the front months on Monday, retreating from overnight highs on losses in crude oil. Preliminary open interest was down 4,779 contracts on Monday, mainly in the old crop contracts. There...
From
Austin Schroeder
via
Barchart
Corn Facing Tuesday AM Weakness, But Well Off Overnihgt Lows
Corn price action is down 1 to 3 cents so far on Tuesday morning, though more than a nickel off the overnight lows. Futures were down 5 to 9 ½ cents in the front months on Monday, well off the overnight highs. Preliminary open interest was up 38,787 contracts on...
From
Reuters
via
gCaptain
Trump Weighs Russian Oil Sanctions Relief as Hormuz Disruption Sends Prices Soaring
U.S. President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed at curbing spiking global oil prices amid the Iran conflict, according to multiple sources.
From
Mike Schuler
via
gCaptain
NASSCO Christens Final Expeditionary Sea Base Ship for U.S. Navy
General Dynamics NASSCO has christened USNS Hector A. Cafferata Jr. (ESB 8) in San Diego, marking the sixth and final vessel in the U.S. Navy’s Expeditionary Sea Base (ESB) program and bringing to a...
From
Reuters
via
gCaptain
Oil Surges to Highest Since 2022 as Hormuz Crisis Roils Energy Markets
Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears of prolonged shipping disruptions gripped the market due to the expanding U.S.-Israeli war with Iran.
From
Ben DiCostanzo
via
Barchart
Hogs Stable in a World of Frenzy
Hogs hold while outside markets spin out of control
From
Chris Swift
via
Barchart
Shootin' the Bull about not a lot
There isn't a great deal to discuss as the current events are difficult to assess, making all forward projections even more difficult.
From
Reuters
via
gCaptain
France’s Macron Orders Major Naval Deployment to Middle East
France is deploying about a dozen naval vessels, including its aircraft carrier strike group, to the Mediterranean, Red Sea and potentially the Strait of Hormuz as part of defensive support to allies threatened by the conflict in the Middle East.
From
Jim Wyckoff
via
Barchart
Corn, Soybeans, and Wheat May Be the ‘Next Silver’ for Traders
As crude oil prices spike, corn, wheat, and soybean prices are seeing bullish price action. What to watch next.
From
Mike Schuler
via
gCaptain
Trump’s Greenland Hospital Ship Now Sailing Up West Coast After Panama Canal Transit
The U.S. Navy hospital ship USNS Mercy is currently sailing north along the West Coast off Mexico after transiting the Panama Canal last week, according to the latest Automatic Identification System (AIS) data. Recent...