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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
Reuters
via
gCaptain
Suspected Chemical Blast At Iran’s Bandar Abbas Kills 4, Injures Hundreds
DUBAI, April 26 (Reuters) – A huge blast on Saturday likely caused by the explosion of chemical materials stored at Iran’s biggest port, Bandar Abbas, killed at least four people and injured...
From
Darren Carlat
via
Barchart
Arabica Coffee calendar spread and a Corn butterfly spread
Coffee has a maximum momentum score of 10, indicating that CTAs are fully invested and have little trading capital to add to existing longs. In addition, the RSI score is 65 and amongst the strongest in the ag complex. Scores approaching 70 have a high likelihood of reversal.
From
Nick Ehrenberg
via
Barchart
Grain/Livestock Update & Targets
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Ben DiCostanzo
via
Barchart
Hogs, Feeders End Week Strong While Cattle Drifts
Feeders Make New all-time high
From
Austin Schroeder
via
Barchart
Wheat Closes Friday with Mixed Action
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 this week. Kansas City HRW contracts were able to sneak out fractional gains in...
From
Austin Schroeder
via
Barchart
Soybeans Slip Lower into the Weekend
Soybeans 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. CmdtyView’s national front month Cash Bean price was down 3 cents at $10.03 ¾. Soymeal futures were up $1.30/ton, to slip $5.60 on the...
From
Austin Schroeder
via
Barchart
Corn Close on a Mixed Note
The corn market 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. The nearby CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.52 3/4. USDA reported a...
From
Chris Swift
via
Barchart
Shootinthebull Cattle bulls charge to new highs amid strong demand
Written by Chris Winward This week's price action left the cattle bulls sailing into the weekend with plenty of reasons to celebrate holding out for higher prices in the cash and futures markets. The early 216 cash trade in Nebraska set the stage for asking prices $3-4 higher than last...
From
Sponsored
via
gCaptain
MSC Sets a New Standard for Time Off in 2025, Plus Earn a $38,340 Bonus as an Able Seaman!
MSC is giving CIVMARs more time off without missing a paycheck. Every four months at sea, you’ll get two months of paid leave, giving you more time to recharge before...
From
Mike Schuler
via
gCaptain
Surge in Blank Sailings Hits Transpacific Routes Amid US-China Trade Tensions
Container shippings is experiencing significant disruptions as continued blank sailings on Transpacific routes reach unprecedented levels amid escalating trade tensions between the United States and China. Recent industry data reveals...
From
The Loadstar
via
gCaptain
Blank Sailings Cushion Fall for Container Spot Rates
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to plague the transpacific market and demand elsewhere failed to match supply.