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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
Bloomberg
via
gCaptain
World’s Trade Superhighway Feels Strain From US-China Decoupling
Container liners are starting to sever shipping routes that link the US and China across the Pacific, as President Donald Trump’s trade war upends the industry and forces the two largest economies apart.
From
Reuters
via
gCaptain
Vietnam’s Shipments From China, to US Reach Record High Amid Trade Fraud Crackdown
Vietnam's imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi's trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory.
From
Mike Schuler
via
gCaptain
Report: U.S. Aircraft Carrier Loses Second F/A-18 Super Hornet in Red Sea Amid Ceasefire Announcement
A second F/A-18 Super Hornet fighter jet from the USS Harry S. Truman aircraft carrier has been lost in the Red Sea, following an arrestment failure during landing, CNN and...
From
Reuters
via
gCaptain
Trump Announces Deal to Stop Bombing Houthis
President Donald Trump announced on Tuesday the U.S. will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting important shipping lanes in the Middle East.
From
gCaptain
via
gCaptain
‘Profoundly Concerned’: NTSB Chair Calls Out Training Gaps in Shipboard Firefighting
By Daniel Katzive (gCaptain) – Training failures which contributed to the deaths of two firefighters on a RoRo ship at Port Newark in July 2023 are part of a broader nationwide shortfall...
From
Austin Schroeder
via
Barchart
Soybeans Continue Slide on Tuesday
Soybeans saw some slight losses on Tuesday, with contracts down 3 to 4 cents in the front months. CmdtyView’s national front month Cash Bean price was down 4 cents at $9.89 3/4. Soymeal futures were steady to down $2.60/ton, with Soy Oil futures down another 3 to 39 points. Soybean...
From
Austin Schroeder
via
Barchart
Wheat Bounces on Turnaround Tuesday
The wheat complex held onto gains the closing bell on Tuesday. Chicago SRW futures posted 4 to 5 cent gains across the nearbys at the close. Kansas City HRW futures closed with contracts up 4 to 6 cents across most contracts on Tuesday. Minneapolis spring wheat futures were firm, up...
From
Austin Schroeder
via
Barchart
Corn Posts Mixed Trade on Tuesday
The corn market closed with nearby contracts 1 to 2 cents higher on Tuesday, with new crop down 1 to 2 cents at the close. The nearby CmdtyView national average Cash Corn price was up 1 ¾ cents at $4.25 1/4. Crop Progress data from Monday afternoon showed some eastern...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Cattle Markets Made New Highs Again - Grains Are Ready to Fly Higher - You Want to Read This One
From
Mike Schuler
via
gCaptain
U.S. Carrier Matson Warns of Challenging Trade Environment Ahead
Matson’s stock falls 15% after the company reported Transpacific container volumes falling 30% since April in response to tariffs. Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific,...
From
Mike Schuler
via
gCaptain
HD Hyundai and Maersk Sign MOU on Maritime Decarbonization
HD Hyundai and A.P. Moller – Maersk announced today a comprehensive Memorandum of Understanding (MOU) aimed at advancing maritime decarbonization solutions and expanding integrated logistics services. The agreement, signed at...