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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
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From
Austin Schroeder
via
Barchart
Wheat Posts Thursday Strength
The wheat market posted higher trade on Thursday, with all three exchanges gaining steam. Chicago SRW futures were up 7 to 8 cents across most contracts at the close. Kansas City HRW futures saw contracts close 5 to 6 cents higher. Minneapolis spring wheat futures posted gains of 2 to...
From
Austin Schroeder
via
Barchart
Corn Closes Mixed on Thursday
The corn market closed the Thursday session with July up 3 cents, as Export Sales data was supportive. New crop contracts were down 1 to 3 cents. The nearby CmdtyView national average Cash Corn price was up 3 ¼ cents at $4.20. Export Sales data from this morning showed corn...
From
Darin Newsom
via
Barchart
Afternoon Commentary, Jeopardy, and Things That Stink
If we look at Thursday's session like a round of Jeopardy, the markets provide the answers in the form of questions to the clue, "Things That Stink".
From
Mike Schuler
via
gCaptain
Port of Long Beach Braces for May Slump Following Record-Breaking April
The Port of Long Beach is anticipating a significant downturn in May shipments following its strongest April on record, as the effects of recently paused tariffs ripple through the supply...
From
Chris Swift
via
Barchart
Shootin' the Bull about greed and fear
Greed and fear make people do strange things.
From
Mike Schuler
via
gCaptain
Pole Star Confirms GPS Interference Caused MSC ANTONIA Grounding
Further analysis indicates that GPS jamming caused the containership MSC ANTONIA to run aground near the Eliza Shoals close to Jeddah Port on May 10, 2025. Following a review of...
From
Austin Schroeder
via
Barchart
Corn Holding Mixed Trade at Midday
The corn market is mixed on Thursday with July up a penny, as Export Sales data was supportive, with other new crop contracts down 3 cents. The nearby CmdtyView national average Cash Corn price is up 1 ¼ cents at $4.18. Export Sales data from this morning showed corn bookings...
From
Austin Schroeder
via
Barchart
Wheat Continuing Bounce on Thursday
The wheat market is continuing to bounce on Thursday, with all three exchanges heading higher. Chicago SRW futures are up 5 to 6 cents so far at midday. Kansas City HRW futures are showing 2 to 3 cent gains as we trade through the session. Minneapolis spring wheat futures are...
From
Austin Schroeder
via
Barchart
Soybeans Collapsing on RVO Rumors and Bean Oil Limit Losses
Soybeans are posting losses of 25 to 30 cents so far on the Thursday session, Pressured by losses in bean oil. The cmdtyView Cash Bean price was up 5 cents to $10.27 3/4. Soymeal futures are up $2.90/ton on the day, with Soy Oil futures down the 3 cent limit....
From
Bloomberg
via
gCaptain
Iran Nuclear Deal Would Give a Little Boost to Global Oil Supply
The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can bring back — but it could arrive in a market that’s gearing up for surplus.
From
Reuters
via
gCaptain
Estonia Confirms Russia Sent Jet After Attempt to Stop Sanction-breaking Ship
Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a "shadow fleet" defying Western sanctions on Moscow.
From
Mike Schuler
via
gCaptain
Near Disaster Off Sydney Coast Exposes Major Gaps in Maritime Emergency Response
The Australian Transport Safety Bureau (ATSB) has released a comprehensive report detailing the July 2022 incident where the bulk carrier Portland Bay nearly stranded off Sydney’s coast, revealing significant failures...