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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
Austin Schroeder
via
Barchart
Wheat Leaking Lower as USDA Boosts US Carryout
The wheat complex is falling lower across the three exchanges on Thursday, as the USDA was a little more bearish on the wheat side of their data this morning. Chicago SRW futures are back down 3 to 5 cents in the front months at midday. Kansas City HRW contracts are...
From
Austin Schroeder
via
Barchart
Corn Rallying on Large Cut to US Stocks
Corn futures are continuing rally on Thursday, as contracts are getting some support from a reduction to the US carryout number. Futures are up 2 to 6 cents at midday. The front month CmdtyView national average Cash Corn price is up 5 3/4 cent at $4.51 1/4. Export Sales data...
From
Bloomberg
via
gCaptain
Trump Tariffs on China Now at Least 145% as Trade War Ramps Up
President Donald Trump’s tariffs on Chinese imports are now at least 145%, far above the level many economists said could decimate US-China trade.
From
Oliver Sloup
via
Barchart
Grains Firm Ahead if WASDE Report
Grain markets firmed yesterday afternoon and saw follow-through momentum overnight as traders await new news from the USDA.
From
Mike Schuler
via
gCaptain
Cargo Transfer Complete as Stena Immaculate Prepares for Port Entry Following Fiery North Sea Collision
The cargo transfer from the damaged tanker Stena Immaculate to the oil products tanker Fure Vyl has been successfully completed, with preparations underway for the vessel to be towed into...
From
Reuters
via
gCaptain
USTR Considers Adjusting Port Fee Plan for Chinese Ships After Pushback
President Donald Trump's administration is considering softening its proposed fee on China-linked ships visiting U.S. ports after a flood of negative feedback from industries that said the idea could be economically devastating, according to six sources.
From
Reuters
via
gCaptain
Trump’s Escalating Tariffs Threaten to Reverse US Import Boom
U.S. container imports rose 11% year over year in March, continuing this year's outsized monthly gains, but U.S. President Donald Trump's escalating tariffs are dimming the outlook for later this year, trade executives said.
From
Mike Schuler
via
gCaptain
U.S. and Panama Agree to Counter Chinese Influence in Panama Canal, Prioritize Passage of U.S. Government Ships
U.S. Defense Secretary Pete Hegseth announced an expanded partnership with Panama aimed at securing the Panama Canal against what he termed “China’s maligned influence” in the region. During a joint...
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Seizes $510M in Drugs During Massive Eastern Pacific Operation
The U.S. Coast Guard Cutter James has offloaded more than 44,550 pounds of cocaine and 3,880 pounds of marijuana at Port Everglades, with the seized drugs valued at approximately $509.9...
From
Malte Humpert
via
gCaptain
First Arctic LNG Carrier Part of Russian ‘Shadow Fleet’ Heads to Chinese Shipyard For Possible Maintenance
After more than nine months at sea sanctioned LNG carrier East Energy (formerly Asya Energy) has pulled into a Zhoushan-based shipyard, likely to undergo maintenance or repairs. It is the first ‘shadow fleet’ LNG carrier of Arctic LNG 2 project visiting a Chinese yard.