.svg){kind=icon}
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
Trump China Tariffs Set to Unleash Supply Shock on U.S. Economy
President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home.
From
Mike Schuler
via
gCaptain
US Treasury Targets Three Tankers for Delivering Oil Products to Houthi-Controlled Ports
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against three vessels and their owners for delivering petroleum products to Houthi-controlled ports after the...
From
Oliver Sloup
via
Barchart
Corn Futures Test a Cluster of Major Moving Averages. Will it Hold?
Grain futures were under pressure overnight, with corn retreating back to a cluster of major moving averages. Will technical support hold or giveaway?
From
Darin Newsom
via
Barchart
Long-Term Investment Opportunities in Corn
With the end of another month in sight, how are the long-term investment positions in Corn doing?
From
Oliver Sloup
via
Barchart
Grain Futures Lower to Start the Week
Corn, soybean, and wheat futures are lower to start a new week of trade. More pressure to come or a buying opportunity?
From
Jim Wyckoff
via
Barchart
How to Trade Wheat Futures Now: Consider Buying a Call Option on July SRW
Wheat futures markets are likely close to price bottoms.
From
Reuters
via
gCaptain
South Korea Rules Out Tariff Deal With US Before June 3 Snap Election
A senior South Korean government official ruled out on Monday that Seoul would agree to a trade package with Washington by the time the country holds a presidential election on June 3, and flagged challenges to reaching a deal even before early July.
From
Bloomberg
via
gCaptain
Chinese Firms Turn to Indian Exporters to Help Fill US Orders
Some China-based firms hit hard by US tariffs are reaching out to Indian exporters to fill orders on their behalf and help them retain their American customers as they navigate a trade war causing seismic shocks in global commerce.
From
Austin Schroeder
via
Barchart
Wheat Falling Early on Monday
Wheat is trading with double-digit losses on Monday morning. The wheat complex closed Friday on a mixed note, as futures failed to hold much strength into the close. Chicago SRW futures settled with slight fractional gains, as May was 18 ¾ cents in the red last week. Kansas City HRW...
From
Austin Schroeder
via
Barchart
Corn Falling to Start Monday
The corn market is falling lower on Monday morning, down 6 to 7 cents. Corn futures closed Friday with contracts mixed, as nearbys were up 1 ½ cents and new crop December down ¾ cent. May was down 3 ½ cents on the week. Preliminary open interest was down 44,704...
From
Austin Schroeder
via
Barchart
Soybeans Heading Lower on Monday Morning
The soybean market is trading with 6 to 8 cent losses early on Monday. They slipped into the Friday close as fractional to 3 ¼ cent losses pulled the weekly gains to just 13 ¼ cents for the May contract. Preliminary open interest was down 13,773 contracts on Friday, with...