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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
Austin Schroeder
via
Barchart
Soybeans Rally Extending Ahead of USDA Data Release
Soybeans are trading with Thursday morning gains of 7 to 9 cents so far. The soybean market got a late session rally on Wednesday to close the day with 19 to 21 point gains. Preliminary open interest was down 16,498 contracts. CmdtyView’s national front month Cash Bean price was up...
From
Austin Schroeder
via
Barchart
Corn Pushing Higher Ahead of USDA Data
The corn market is showing 3 to 5 cent gains early on Thursday morning. Futures got a late session pop higher on Wednesday, following an announcement on tariff relief by President Trump. Contracts were up 4 to 6 cents across most months. Preliminary open interest was down 22,191 contracts, mainly...
From
Austin Schroeder
via
Barchart
Wheat Pushing Higher on Thursday Morning
Wheat is showing gains across the three markets early on Thursday. The wheat complex popped from mixed midday action to close with Wednesday gains across the three exchanges. Chicago SRW futures turned green into the close, with gains of 1 to 3 cents. Kansas City HRW contracts were up 5...
From
Bloomberg
via
gCaptain
Trump Is Already Slowing Global Trade as Companies Pause Orders
US President Donald Trump may have announced a delay in some of his tariff plans, but the first signs of an economically-damaging slowdown in global trade are already emerging as companies around the world hit their own pause button on orders and he continues to escalate his trade war with China.
From
Reuters
via
gCaptain
AUKUS Nuclear Submarine Sale Under Scrutiny as Trump Tariffs Rattle Australia
The sale of nuclear-powered submarines to Australia under the AUKUS treaty faces new doubts as U.S. President Donald Trump's tariffs take hold, and amid concern in Washington that providing the subs to Canberra may reduce deterrence to China.
From
Mike Schuler
via
gCaptain
Here’s Everything You Need to Know About Trump’s Executive Order to Restore U.S. Maritime Dominance
President Donald Trump has signed a sweeping executive order aimed at revitalizing America’s struggling shipbuilding industry, strengthening its maritime workforce, and expanding the nation’s global shipping presence. The executive order,...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
WOW, Everything Exploded Higher After 90 Day Tariff Pause
From
Austin Schroeder
via
Barchart
Corn Rallies into the Close on Tariff Relief
Corn futures got a late session pop higher on Wednesday, following an announcement on tariff relief by President Trump. Contracts were up 4 to 6 cents across most months. The front month CmdtyView national average Cash Corn price was up 5 1/4 cent at $4.46 1/2. Late on the Wednesday...
From
Austin Schroeder
via
Barchart
Wheat Posts Strength on Wednesday
The wheat complex popped from mixed midday action to close with Wednesday gains across the three exchanges. Chicago SRW futures turned green into the close, with gains of 1 to 3 cents. Kansas City HRW contracts were up 5 to 7 cents on the session. MPLS spring wheat posted 7...
From
Austin Schroeder
via
Barchart
Soybeans Rally into the Close as Most Tariffs Paused
The soybean market got a late session rally on Wednesday to close the day with 19 to 21 point gains. CmdtyView’s national front month Cash Bean price was up 20 3/4 cents at $9.59 3/4. Soymeal futures were up 90 cents to $3.50/ton, with Soy Oil futures up 120 to...
From
Mike Schuler
via
gCaptain
Trump Signs Executive Order to Revitalize U.S. Shipbuilding Amid China’s Maritime Dominance
President Trump has signed an executive order on Wednesday aimed at revitalizing the domestic shipbuilding industry, including in the both the commercial and military sectors. The initiative comes as U.S....
From
Chris Swift
via
Barchart
Shootin' the Bull about a little bit for everyone.
Today's price action had a little bit for everyone.