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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
Mike Schuler
via
gCaptain
Trump Official Says Hormuz Ship Insurance Program to Launch ‘Soon’ as Tanker Traffic Struggles to Recover
Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies.
From
Mike Schuler
via
gCaptain
China Is Escalating Panama Port Dispute With Surge in Ship Detentions, U.S. Regulator Warns
A simmering dispute over control of key Panama Canal terminals is now spilling into global shipping lanes, with China detaining Panama-flagged vessels in its ports and U.S. regulators warning of potential fallout for international trade.
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Crazy Market Movement Late in the Crude Oil and Dow Jones Index - Setting up a Possible Wild Ride in the Livestock and Grain Markets Tomorrow.
From
Mike Schuler
via
gCaptain
New MARAD Advisory Urges Ships to Disable AIS Tracking in Red Sea as Houthi Threat Lingers
The United States is warning commercial shipping that the threat from Yemen’s Houthi militants remains active across the Red Sea and Gulf of Aden—despite a recent lull in attacks—and is...
From
Andrew Hecht
via
Barchart
Are Beans Going to Trade in the Teens?
Soybean futures have been rallying since mid-January 2026. While the price reached nearly $12.40 per bushel, it corrected sharply on March 16 to near the $11.45 level. Several factors will determine if beans can trade in the teens during the 2026 crop year.
From
Mike Schuler
via
gCaptain
Container Rates Extend Rally as Hormuz Crisis Drives Fuel Costs Higher
Container freight rates pushed higher for a fourth straight week, as rising fuel costs and ongoing disruption in the Middle East begin feeding directly into global shipping markets. Drewry’s World...
From
Mike Schuler
via
gCaptain
Trump DOT Rolls Out $488M Port Funding Push to ‘Restore Maritime Dominance’
The Trump administration is rolling out nearly half a billion dollars in new port funding, with the U.S. Department of Transportation’s Maritime Administration announcing $488.6 million in grants under the Port Infrastructure Development Program (PIDP), a key federal vehicle for upgrading the nation’s port network and supply chains.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
EdgeClear
via
Barchart
Wheat Futures Attempt Breakout as Black Sea Risks and Weather Concerns Reenter the Market
Chicago wheat futures spent much of 2025 under sustained selling pressure as ample global supply and strong export competition from the Black Sea region weighed on prices. Sellers maintained control from March through the fall, keeping prices pinned near the yearly VWAP before buyers began responding near the 510 level in November. That reaction led to a multi month consolidation between 510 and 560 as markets balanced comfortable supply conditions against intermittent geopolitical disruptions affecting Black Sea grain exports and improving sentiment toward global agricultural trade following renewed U.S. China engagement. More recently, buyers have pushed prices above the upper end of that range, placing the market in a position where it must now determine whether higher prices can be accepted above value. In the coming weeks, the key technical battleground will likely center around resistance near 610 and support near 560, with near term catalysts such as export tenders, Black Sea shipping disruptions, and weekly export data helping determine the next directional move.
From
Darin Newsom
via
Barchart
Will We See the Stickers Again?
Overnight through early Monday morning saw the Energies sector hit prices not seen since 2022.
From
Malte Humpert
via
gCaptain
EU Buys 100% of Russian Arctic LNG Just 9 Months Before Planned Gas Ban
Just nine months before a full European Union ban on Russian liquefied natural gas (LNG) is scheduled to take effect, EU buyers purchased every cargo from Russia’s Yamal LNG project in February, highlighting a stark disconnect between policy intentions and market realities.
From
Reuters
via
gCaptain
US Defends Waiver On Russian Oil Sanctions
By Katharine Jackson and Curtis Williams WASHINGTON, March 8 (Reuters) – Trump administration officials on Sunday defended a decision to temporarily lift some sanctions on Russianoil and predicted that a sharp increase in...
From
Bloomberg
via
gCaptain
Iran Picks New Leader As Escalating War Deepens Oil Shock
By Arsalan Shahla, Josh Wingrove and Omar Tamo Mar 8, 2026(Bloomberg) —Iran picked a new supreme leader and kept up attacks on the ninth day of the war in the Middle...
From
Reuters
via
gCaptain
Tokyo Prepared To Release Oil Reserve Amid Iran Crisis
TOKYO, March 8 (Reuters) – A senior Japanese parliament member said on Sunday that the government instructed a national oil reserve storage site to prepare for a possible release of crude, as...
From
Mike Schuler
via
gCaptain
Crude Oil Spill Draws Large Response at Nation’s Only Deepwater VLCC Port
Cleanup operations are continuing in the Gulf of Mexico near Grand Isle, Louisiana, after a crude oil spill linked to the Louisiana Offshore Oil Port (LOOP) prompted a large-scale response led by federal...
From
Brady Sidwell
via
Barchart
War premium fueling Friday’s commodity surge
USDA Grain Reports on March 10th
From
Bloomberg
via
gCaptain
US May ‘Unsanction’ More Russia Oil Post India Move
By Daniel Flatley Mar 7, 2026(Bloomberg) –Treasury Secretary Scott Bessent said the US may lift sanctions on further Russian oil supply after a move Thursday to give Indian refiners the green...
From
Reuters
via
gCaptain
US Pressing Sri Lanka Not To Repatriate Iranian Crew From Sunken Ship
By Humeyra Pamuk WASHINGTON, March 6 (Reuters) – The United States is pressing Sri Lanka’s government not to repatriate the survivors from the Iranian warship it sank this week, as well as...
From
Nick Ehrenberg
via
Barchart
Wheat Hits The ONE44 Short Term Target, 618.00
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Bloomberg
via
gCaptain
Second Bulk Carrier Claiming To Be Chinese Passes Through Hormuz
By Serene Cheong Mar 7, 2026 (Bloomberg) –Another bulk carrier signaled it was Chinese-owned as it sailed through the Strait of Hormuz, the narrow waterway at the mouth of the Persian...