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.

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Crew Rescued In Red Sea After Attack On Ship Near Yemen
News
July 6, 2025
From 
Reuters
 via 
gCaptain

Crew Rescued In Red Sea After Attack On Ship Near Yemen

CAIRO, July 6 (Reuters) – The crew of a ship set on fire in an attack in the Red Sea on Sunday abandoned the vessel and were rescued as it took on water, a British maritime agency said, in...
Explosive Device Likely Damaged Greek Tanker Off Libya Last Week
News
July 6, 2025
From 
Reuters
 via 
gCaptain

Explosive Device Likely Damaged Greek Tanker Off Libya Last Week

ATHENS, July 6 (Reuters) – An external explosive device most likely caused the blast that damaged Greek oil tanker Vilamoura as it was sailing off the Libyan coast last week, the vessel’s...
Russia Reports Ammonia Leak At Leningrad’s Ust-Luga Seaport
Ports
July 6, 2025
From 
Bloomberg
 via 
gCaptain

Russia Reports Ammonia Leak At Leningrad’s Ust-Luga Seaport

By Bloomberg News Jul 6, 2025 (Bloomberg) –Russia reported an ammonia leak at the Ust-Luga seaport in the Leningrad region that authorities said occurred during loading operations on the LPG tanker...
Japan To Export Used Destroyers To Philippines To Deter China
Defense
July 6, 2025
From 
Reuters
 via 
gCaptain

Japan To Export Used Destroyers To Philippines To Deter China

TOKYO, July 6 (Reuters) – Japan will export used navy destroyers to the Philippines to strengthen its deterrence against China’s maritime expansion, the Yomiuri newspaper reported on Sunday, as the two U.S. allies increase cooperation...
Vessel Under Attack in Red Sea as Armed Security Team Returns Fire Near Yemen
Shipping
July 6, 2025
From 
Mike Schuler
 via 
gCaptain

Vessel Under Attack in Red Sea as Armed Security Team Returns Fire Near Yemen

The UK Maritime Trade Operations (UKMTO) center is reporting an “ongoing” maritime security incident in the Red Sea off Yemen, where a vessel came under attack approximately 51 nautical miles...
Petronas To Drill Three Exploration Wells At Suriname Offshore Block
Offshore
July 5, 2025
From 
Reuters
 via 
gCaptain

Petronas To Drill Three Exploration Wells At Suriname Offshore Block

PARAMARIBO, July 5 (Reuters) – Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie...

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U.S. Container Import Growth Set to Reverse as Tariffs and Ship Fees Loom
Ports
May 21, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Container Import Growth Set to Reverse as Tariffs and Ship Fees Loom

Despite strong growth in early 2025, U.S. container ports are bracing for significant volume declines due to new tariffs and planned shipping fees. The ten largest U.S. container ports recorded...
How Is Moody’s U.S. Debt Downgrade Impacting Commodities Markets and for How Long?
Grain
May 21, 2025
From 
Jim Wyckoff
 via 
Barchart

How Is Moody’s U.S. Debt Downgrade Impacting Commodities Markets and for How Long?

The debt downgrade news is likely to wear off by the end of this week.
Wheat Posting Gains on Wednesday
Grain
May 21, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Posting Gains on Wednesday

The wheat market is trading with another round of strength at Wednesday’s midday. Chicago SRW futures are 8 to 9 cents in the green. Kansas City HRW contracts a trading with contracts 7 to 8 cents higher so far on Wednesday. Minneapolis spring wheat futures are up 10 to 11...
Soybeans Pushing Higher at Midday
Grain
May 21, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Pushing Higher at Midday

The bean market is trading with contracts 10 to 14 cents higher so far on Wednesday. The cmdtyView Cash Bean price is up 11 3/4 cents to $10.15 1/4. Soymeal futures are $1.40/ton on the day, with Soy Oil futures up 63 points. USDA will release their weekly Export Sales...
Corn Rallying into Wednesday
Grain
May 21, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Rallying into Wednesday

The corn market is posting fresh intraday highs at midday, with contracts 6 to 8 cents in the green. The front month CmdtyView national average Cash Corn price is up 7 cents at $4.34 3/4. EIA’s weekly update showed a rebound in ethanol production of 43,000 barrels per day to...
U.S. Launches First Deep-Sea Mineral Lease Evaluation in 30 Years Near American Samoa
Offshore
May 21, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Launches First Deep-Sea Mineral Lease Evaluation in 30 Years Near American Samoa

The Department of Interior has initiated its first mineral lease sale evaluation in over 30 years, targeting deep-sea critical minerals in waters offshore American Samoa. This groundbreaking move comes as...
U.S. FMC Launches Investigation into Flags of Convenience Amid Growing Safety Concerns
Shipping
May 21, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. FMC Launches Investigation into Flags of Convenience Amid Growing Safety Concerns

The U.S. Federal Maritime Commission (FMC) has initiated a nonadjudicatory investigation into vessel flagging practices that may create unfavorable conditions for U.S. shipping trade. The investigation comes amid mounting concerns...
Wheat futures were the leader in Tuesday's trade. Can the rally continue?
Grain
May 21, 2025
From 
Oliver Sloup
 via 
Barchart

Wheat futures were the leader in Tuesday's trade. Can the rally continue?

A shift in fundamentals and technicals have helped propel wheat futures higher over the last week. Is there more upside left or will this be another short lived relief rally?
Wheat Gains Pushing to Wednesday
Grain
May 21, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Gains Pushing to Wednesday

Wheat is trading with higher on Wednesday to push the rally a little further. The wheat complex posted a fresh round of buying on Tuesday, with double digit gains across all three exchanges. Chicago SRW futures were up 16 to 17 cents on the session. Tuesday’s Preliminary open interest was...
Corn Gains Extending to Wednesday Morning
Grain
May 21, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Gains Extending to Wednesday Morning

The corn market is trading with contracts 2 to 4 cents higher early on Wednesday. Futures were helped by a stronger wheat complex on Tuesday, as contracts closed with 6 to 7 cent nearby gains. Tuesday’s preliminary open interest was up 5,703 contracts. The front month CmdtyView national average Cash...
Soybeans Pushing Higher on Wednesday AM Trade
Grain
May 21, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Pushing Higher on Wednesday AM Trade

The bean market is trading with contracts 8 to 9 cents in the green. Soybeans saw higher trade at Tuesday’s close, with contracts up 2 to 4 cents across most front months. The cmdtyView Cash Bean price was up 2 ¼ cents to $10.03 1/2. Soymeal futures were up 70...
EU Sanctions Three MOL Gas Carriers Associated With Russia’s Yamal LNG
Shipping
May 21, 2025
From 
Malte Humpert
 via 
gCaptain

EU Sanctions Three MOL Gas Carriers Associated With Russia’s Yamal LNG

In a surprise move the EU significantly tightened its sanctions against Russia’s liquefied natural gas sector. Brussels’ 17th sanctions package announced yesterday includes three newbuild LNG carriers managed by Japanese Mitsui OSK Lines Ltd. (MOL) under charter with Russian energy projects.