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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...
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From
Bloomberg
via
gCaptain
Billionaire Economou Seeks to Replace Trafigura As Partner in Italy’s Top Oil Refinery
The main investor in Italy’s biggest oil refinery is sounding out trading firms to replace Trafigura Group as the plant’s supply partner.
From
Oliver Sloup
via
Barchart
A Mixed Start to the Shortened Holiday Week for Ag Markets
Grain and livestock markets saw some big moves last week and are seeing a choppy trade to start the shortened week. Here are a few things on our radar.
From
Reuters
via
gCaptain
China’s March Exports Jump in Temporary Boost as Trump 2.0 Heaps Pressure
China's exports rose sharply in March after factories rushed out shipments before the latest U.S. tariffs took effect, but an escalating Sino-U.S. trade war has darkened the outlook for factories and growth in the world's second-biggest economy.
From
Bloomberg
via
gCaptain
Trump’s Tangled Tariffs Sow Confusion as Negotiators Line Up
President Donald Trump’s tariff exclusions for smartphones and other tech products have added to a growing set of confusing signals for companies and trading partners digesting how to engage a White House still promising to negotiate dozens of new deals in America’s favor.
From
Darin Newsom
via
Barchart
Is it Too Early for a Weather Market in Grains? (2025 Edition)
Dec25 Corn has posted a strong rally the past two weeks, due in part to wet weather across the US Eastern Corn Belt. Could this be an early weather market?
From
Austin Schroeder
via
Barchart
Corn Starting Monday Off with Some Weakness
Corn futures are steady to down 2 ½ cents in early Monday trade. The market had a rally to close out Friday, with contracts up 7 to 10 cents, as front months are approaching $5. May was up 30 cents last week, with December 16 ¾ cents higher. Preliminary open...
From
Austin Schroeder
via
Barchart
Wheat Weakness Creeping Back Early on Monday
Wheat futures are starting off Monday with early losses in the three markets. The complex was rallying on Friday, with the three exchanges higher. Chicago SRW futures were back up 16 to 18 cents in the front months, with the front month May rallying 26 ¾ cents. Preliminary open interest...
From
Austin Schroeder
via
Barchart
Soybeans Mixed Early on Monday
Soybean are showing mixed trade so far on Monday, with contracts fractionally lower to 3 ¼ cents higher. Futures posted strength on Friday, with contracts up 13 to 21 cents at the close. Front month May rallied 65 ¾ cents from last Friday, with new crop up 41 ¼ cents...
From
Reuters
via
gCaptain
Greece In Talks To Buy Two ‘Bergamini’ Frigates From Italy
DELPHI, April 11 – Greece is in talks to buy two used ‘Bergamini’ class frigates from Italy, Defense Minister Nikos Dendias said at a conference on Friday, as the NATO member seeks...
From
Bloomberg
via
gCaptain
Five Below Falls As US-China Trade War Spurs Canceled Orders
By Reshmi Basu and Carrington York Apr 11, 2025 (Bloomberg) –Five Below Inc. shares dropped on Friday after the retailer asked vendors to turn away products waiting for shipment in China...
From
Bloomberg
via
gCaptain
Trump Plans Order To Enable Critical Metals Stockpiling
By Subrat Patnaik Apr 12, 2025 (Bloomberg) –US President Donald Trump’s administration is planning an executive order to allow the stockpiling of critical metals from the Pacific seabed, according to the...