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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
California Sues Trump Administration to Block Tariffs
California on Wednesday filed a lawsuit seeking to block U.S. President Donald Trump's sweeping tariffs on foreign trading partners, accusing him of abusing his powers and inflicting financial harm on the state and nation.
From
Chris Swift
via
Barchart
Shootin' the Bull about still over 11 million head on feed
It is suspected that the past 3 days of buying is coming from short covering, or producers applying the Texas hedge, as we have seen little increase in open interest.
From
Don Dawson
via
Barchart
Corn Market Planting Season Outlook: What Traders and Hedgers Need to Know
Holy cow, the corn market in April is a wild ride! The USDA's latest WASDE report slashed stocks and cranked up exports, while the recent COT report shows funds tiptoeing around tariff chaos. The planting season is off to a rocky start with iffy weather, and trade policy could flip any second. Check out my article for jaw-dropping details and actionable steps to plan your trades before it's too late!
From
Mike Schuler
via
gCaptain
Report Reveals Technical and Human Failures in 2014 Sewol Ferry Disaster
A report by South Korea’s Maritime Safety Tribunal (KMST) has identified multiple causes behind the April 16, 2014 Sewol ferry disaster that claimed 304 lives—mostly students on a school trip—in what became the...
From
Reuters
via
gCaptain
Greece Submits Plans on Maritime Use After Falling Foul of EU Rules
ATHENS, April 16 (Reuters) – Greece has submitted plans to the EU setting out how it will organise maritime activities such as fishing, tourism and offshore energy after years of delays that drew...
From
Austin Schroeder
via
Barchart
Wheat Showing Wednesday Bounce Higher
The wheat markets are trading with contracts higher across the three exchanges. Chicago SRW futures are posting with 5 to 6 cent gains at midday. Kansas City HRW is up 6 to 9 cents as we trade through the Wednesday session. MPLS spring wheat is 1 to 3 cents higher...
From
Austin Schroeder
via
Barchart
Soybeans Posting Midday Strength on Wednesday
Soybeans are trading with contracts up 3 to 6 cent gains so far on Wednesday. CmdtyView’s national front month Cash Bean price is 3 1/2 cents at $9.87 1/4. Soymeal futures are trading with $2.80/ton gains, with Soy Oil futures are up 13 points at midday. The CME will be...
From
Austin Schroeder
via
Barchart
Corn Holding Midday Gains
Corn futures are trading with contracts up 2 to 3 cents so far on the Wednesday session. The front month CmdtyView national average Cash Corn price is down 2 1/2 cents at $4.56 3/4. EIA data from this morning showed ethanol production continuing to drop, down 9,000 barrels per day...
From
Mike Schuler
via
gCaptain
NTSB Calls for National Reforms After Fatal Port Newark Ship Fire
The National Transportation Safety Board (NTSB) has released its findings on the July 2023 fire aboard the roll-on/roll-off container vessel Grande Costa D’Avorio at Port Newark, which resulted in two...
From
Bloomberg
via
gCaptain
U.S. in Talks With Yemeni Forces on Land Offensive Against Houthis
Yemeni forces opposed to the Houthis are in talks with the US and Gulf Arab allies about a possible land offensive to oust the militant group from the Red Sea coast, according to people involved in the discussions.
From
Mike Schuler
via
gCaptain
Under New Agreement, Global Seafarer Minimum Wage Set to Rise to $690 Per Month by 2026
The International Labour Organization (ILO) has concluded negotiations on a new global minimum wage agreement for seafarers, establishing progressive increases over the next three years. The agreement was reached during...
From
Mike Schuler
via
gCaptain
U.S. Treasury Sanctions Major Chinese Refinery and Shadow Fleet Vessels in Latest Iran Oil Crackdown
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on China-based Shandong Shengxing Chemical Co., Ltd. for purchasing over $1 billion worth of Iranian...