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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...
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From
Chris Swift
via
Barchart
Shootin' the Bull about, if $300.00 were a fart, you'd be close enough to smell it.
Cattle feeders came to within 4 tics of having to pay $300.00 for the right to own feeder cattle in August.
From
Mike Schuler
via
gCaptain
New York Leads Legal Challenge to Trump Offshore Wind Energy Halt
New York Attorney General Letitia James is leading a coalition of 18 states in legal action against the Trump administration’s sweeping halt on wind energy development. The lawsuit, filed in...
From
Mike Schuler
via
gCaptain
Trump Halts U.S. Bombing of Houthis, Citing Ceasefire Pledge That the Houthis Deny
President Donald Trump announced Tuesday that the United States will cease military operations against Houthi forces in Yemen, claiming the Iran-aligned group agreed to stop disrupting maritime traffic in vital...
From
Austin Schroeder
via
Barchart
Corn Slipping into Midday Trade
The corn market is failing to hold the early bounce back strength so far at Tuesday’s midday, with fractional to 2 cent losses. The nearby CmdtyView national average Cash Corn price is down ¾ cent at $4.23 3/4. Crop Progress data from Monday afternoon showed the US corn crop at...
From
Austin Schroeder
via
Barchart
Soybeans Facing Tuesday Midday Losses
Soybeans are trading with contracts 4 to 7 cents in the red at Tuesday’s midday. CmdtyView’s national front month Cash Bean price is down 7 cents at $9.86. Soymeal futures are down $1.70/ton, with Soy Oil futures down another 31 points. Soybean planting was pegged at 30% complete as of...
From
Austin Schroeder
via
Barchart
Wheat Sneaking Higher on Tuesday
The wheat complex is trying to push higher so far on Tuesday’s midday. Chicago SRW futures are trading with 4 to 6 cent gains on Tuesday. Kansas City HRW futures are trading with contracts up 2 to 3 cents across most contracts, as May is in deliveries and thin. Minneapolis...
From
Susan Stroud
via
Barchart
No Bull | The Five Spot
5 | Five weeks History says we have about five weeks remaining before new crop corn futures fall off a cliff: 4 | A dramatic rise Brazil’s Safrinha production is the primary driver behind the country’s dramatic rise as a major world corn exporter. In the last two decades, Brazil’s...
From
Mike Schuler
via
gCaptain
Xeneta: SHIPS for America Act Adds New Layer of Complexity to US Maritime Trade
The recently reintroduced SHIPS for America Act is creating additional challenges for ocean container shippers in 2025, adding a new layer of complexity to an already intricate US maritime regulatory...
From
Trent Klarenbach
via
Barchart
Wheat is Not Dead....Yet
Analysis of the weekly Wheat chart displaying several trendlines and how the 525 level continues to be tested.
From
Bloomberg
via
gCaptain
US Trade Deficit Widens to a Record on Pre-Tariff Drug Imports
The US trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping tariffs.
From
Mike Schuler
via
gCaptain
Bollinger and Edison Chouest Form Strategic Alliance to Fast-Track U.S. Arctic Icebreaker Production
Bollinger Shipyards and Edison Chouest Offshore (ECO) announced today the formation of the United Shipbuilding Alliance (USA), a strategic partnership aimed at expediting the construction of next-generation icebreakers for Arctic...
From
Austin Schroeder
via
Barchart
Soybeans Holding Tuesday AM Losses as Fast Plant Pace Continues
Soybeans are leaking lower early on Tuesday morning as USDA reports a speedy planting pace. Contracts are down 2 to 5 cents, after falling lower on Monday, with contracts down 8 to 13 cents across most months at the close. Preliminary open interest was down 1,015 contracts on Monday. There...