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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
Oliver Sloup
via
Barchart
Trade Headlines Boost Stocks and Punish Gold
Positive trade headlines spurred additional momentum in the equity markets, putting pressure on gold. Corn futures continued to retreat, feeder cattle made another round of new contract highs, and oil prices triggered technical alerts.
From
Austin Schroeder
via
Barchart
Corn Failing to Buy Bullish Export Business
The corn market is facing a weaker Thursday trade, even as a multi month high in export business was reported this morning. Contracts are down 3 to 5 cents at midday. There were 18 deliveries issued against May futures overnight. The nearby CmdtyView national average Cash Corn price was down...
From
Austin Schroeder
via
Barchart
Wheat Falling Lower on Thursday
The wheat complex is trading with contracts on the lower side of unchanged at midday. Chicago SRW futures are down 5 to 6 cents in the front months. There were 29 deliveries issued against May CBT wheat overnight. Kansas City HRW futures are also 5 to 6 cents in the...
From
Austin Schroeder
via
Barchart
Soybeans Back to Mixed Midday Action
Soybeans are posting mixed trade so far on Thursday, with front months firm to 2 cents higher and new crop November down ½ cent. There were 3 deliveries issued against May soybeans overnight. The cmdtyView Cash Bean price is up ¾ cents to $9.88. Soymeal futures are down 80 cents/ton,...
From
Mike Schuler
via
gCaptain
Google and Shell Partner to Extend Life of Netherlands’ First Offshore Wind Farm
Tech giant Google has signed a power purchase agreement (PPA) with Shell to extend the operational life of the Netherlands’ first offshore wind farm. The historic agreement marks the first...
From
Mike Schuler
via
gCaptain
Pentagon Inspector General Reports Major Challenges in Gaza Pier Operation
The Department of Defense Office of Inspector General (DoD OIG) has released a critical evaluation of the military’s Joint Logistics Over-the-Shore (JLOTS) operations, highlighting significant challenges during last year’s Operation...
From
Mike Schuler
via
gCaptain
U.S. Sanctions Chinese Port Operators, Teapot Refinery Over Iranian Oil Shipments
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today a significant expansion of sanctions targeting Iran’s oil export operations, marking its first action against terminal...
From
Mike Schuler
via
gCaptain
Maersk Posts Strong Q1 Results as Red Sea Uncertainty Looms Over 2025 Outlook
Danish logistics conglomerate A.P. Moller-Maersk (Maersk) reported a significant improvement in its first-quarter 2025 performance, with revenue growing 7.8% to USD 13.3 billion and EBIT surging to USD 1.3 billion...
From
Mike Schuler
via
gCaptain
Red Sea Ceasefire Deal Sparks Concerns Over Potential Freight Rate Collapse
A recent ceasefire agreement between the U.S. and Yemen’s Houthi militia has raised questions about the potential impact on global shipping rates, with industry experts warning of possible more market...
From
Jim Wyckoff
via
Barchart
Corn Bulls Have a Weather-Market Wild Card. How to Trade It.
Consider buying a call option on July corn futures.
From
Austin Schroeder
via
Barchart
Wheat Showing Steady Trade Ahead of Export Sales Release
The wheat complex is showing fractionally mixed trade so far on Thursday. Wheat futures fell lower into the close on Wednesday. Chicago SRW futures slipped back 1 to 2 cents into the final bell. There were 29 deliveries issued against May CBT wheat overnight. Kansas City HRW futures posted weaker...
From
Austin Schroeder
via
Barchart
Soybeans Stronger to Start Thursday
Soybeans are trading with 5 to 7 cent strength so far on Thursday. The soybean market closed the Wednesday session with mixed trade as front months were down 2 to 5 cents and new crop 2 to 4 cents higher. Preliminary open interest was up 15,161 contracts on Wednesday. There...