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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
Reuters
via
gCaptain
Low Water Levels On Danube Disrupt Shipping As Heatwave Hits Hungary
BUDAPEST, July 4 (Reuters) – Unusually low water levels on the Danube river in Hungary are affecting shipping, agriculture, and local ecosystems along Europe’s second-longest river, which is a major transport route across the...
From
Mike Schuler
via
gCaptain
Trump’s Vietnam Deal Shows China Tariffs Won’t Fall Much Further
President Donald Trump’s new trade deal with Vietnam sends a clear signal about where US tariffs on Chinese goods might ultimately land, as talks between Washington and Beijing continue following their recent truce.
From
The Loadstar
via
gCaptain
Asia-Europe Container Rates Overtake Transpacific for First Time in 2025
By Gavin van Marle (The Loadstar) – For the first time since the beginning of this year it is now more expensive to ship a 40ft container from Asia to North...
From
Reuters
via
gCaptain
Chinese Captain in Baltic Sea Cable Damage Case Appears in Hong Kong Court
HONG KONG, July 4 (Reuters) – The captain of a Hong Kong-registered ship alleged to have damaged undersea cables in the Baltic Sea was assigned a lawyer in a Hong Kong court...
From
Malte Humpert
via
gCaptain
Trump Bill Secures $9 Billion for U.S. Arctic Surge, Six New Icebreakers to Counter Russian and Chinese Dominance
President Trump’s vast tax and spending bill has secured funds the U.S. Coast Guard has been searching for since the early 2010s. The “One Big Beautiful Bill Act” appropriates close to $9 billion for the expansion of the Coast Guard’s Arctic icebreaker fleet.
From
Reuters
via
gCaptain
Russian Navy Deputy Commander Lauded by Putin is Killed by Ukraine, Says Moscow
Major General Mikhail Gudkov, deputy head of the Russian Navy who was praised and promoted by President Vladimir Putin, has been killed in action, depriving Moscow of one of its most senior officers, the Russian military said on Thursday.
From
Mike Schuler
via
gCaptain
Asleep at the Helm: Fatigue Blamed in Prawn Boat Sinking
The UK Marine Accident Investigation Branch (MAIB) has published its investigation report into the November 2023 grounding and subsequent total loss of the prawn trawler Sustain (UL 45) at Loch Broom, Scotland....
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From
The Loadstar
via
gCaptain
Tariff Truce Spurs a Slow-Burn Surge in Transpacific Freight Rates
Container spot freight rates on the transpacific continued to trend upwards this week, albeit at a far gentler pace than last week’s GRI-induced double-digit growth, as carriers rushed to return capacity in anticipation of at least a short-term demand bounce.
From
Oliver Sloup
via
Barchart
Grains Slide Lower on Tariff Talk Ahead of the Long Weekend
Grain markets stalled against resistance in yesterday’s trade and are retreating this morning following trade headlines ahead of the long weekend
From
Reuters
via
gCaptain
Russia and Bahrain in Advanced Talks Over LNG Supply Deal, Sources Say
Russia is in advanced talks with Bahrain over a three-year liquefied natural gas (LNG) agreement under which Moscow would supply the Gulf kingdom with 1.5 million metric tons of the fuel, according to three sources close to the matter.
From
Bloomberg
via
gCaptain
Japanese Gas Tanker Giant MOL Sees Difficulty Buying Chinese Vessels
Mitsui O.S.K. Lines, owner of the world’s largest fleet of liquefied natural gas carriers, said it is hard to buy Chinese vessels for the time being as the US ramps up scrutiny of the Asian country’s shipbuilding industry.
From
Austin Schroeder
via
Barchart
Soybeans Pulling Back Early on Friday Morning
The soybean market is trading with losses of 5 to 7 cents across the nearbys. Soybean futures saw stronger action into the Thursday close despite a weaker start overnight. Contracts closed with 3 to 5 cent gains as meal gains were supportive. Preliminary open interest rose 12,154 contracts on Thursday....
From
Austin Schroeder
via
Barchart
Wheat Trading Mixed on Friday Morning
Wheat is showing mixed action across the three markets early on Friday, with contracts sticking close to unch. The wheat complex trading posted losses across most contracts on Thursday, with some in the KC market holding higher. Chicago SRW futures were 3 to 5 cents lower on the day. Thursday’s...
From
Austin Schroeder
via
Barchart
Corn Post Mixed Thursday Close
Corn price action is trading with contracts down 1 to 2 ¼ cents across most contracts on Friday morning. Futures posted mixed action on Thursday, with nearby July up 2 cents and other contracts 1 to 3 cents lower. Preliminary open interest from Thursday showed short covering in July, down...
From
Austin Schroeder
via
Barchart
Corn Post Mixed Thursday Close
Corn futures posted mixed action on Thursday, with nearby July up 2 cents and other contracts 1 to 3 cents lower. The front month CmdtyView national average Cash Corn price was up 2 1/2 cents at $4.36 1/4. This morning’s Export Sales report showed 1.19 MMT in corn sales during...
From
Austin Schroeder
via
Barchart
Soybeans Close Higher on Thursday, Assisted by Meal Stregnth
Soybean futures saw stronger action into the Thursday close despite a weaker start overnight. Contracts closed with 3 to 5 cent gains as meal gains were supportive. The cmdtyView Cash Bean price was up 5 cents to $10.18 1/5. Soymeal futures were $3.10 to 4.60/ton higher on the day, with...
From
Austin Schroeder
via
Barchart
Wheat Closes Mostly Lower on Thursday
The wheat complex trading posted losses across most contracts on Thursday, with some in the KC market holding higher. Chicago SRW futures were 3 to 5 cents lower on the day. The Kansas City HRW contracts were fractionally mixed on the session. Minneapolis spring wheat futures were down 3 to...
From
Mike Schuler
via
gCaptain
Unattended Helm Results in $2 Million Towing Vessel Grounding on Mississippi River
The National Transportation Safety Board (NTSB) released findings today regarding a significant vessel grounding incident that occurred when a pilot left the helm unattended on the Mississippi River. The incident...
From
Nick Ehrenberg
via
Barchart
Grain/Livestock Overview 5/22/25
Educational and Actionable information using Fibonacci and W.D. Gann analysis.