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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EU Funds Latest Finnish Icebreaker, Russia’s Newest Arctic Icebreaking Vessel ‘Katerina Velikaya’ Begins Sea Trials
Shipbuilding
July 7, 2025
From 
Malte Humpert
 via 
gCaptain

EU Funds Latest Finnish Icebreaker, Russia’s Newest Arctic Icebreaking Vessel ‘Katerina Velikaya’ Begins Sea Trials

The European Commission awarded close to $50 million to Finland supporting construction of its new Baltic Sea class B icebreaker. The new vessel is intended to replace aging icebreaking capacity with procurement expected for fall 2025, construction starting in early 2026, and entry into service by 2029.
Israel Attacks Three Yemeni Ports And Power Plant
Ports
July 6, 2025
From 
Reuters
 via 
gCaptain

Israel Attacks Three Yemeni Ports And Power Plant

July 7 (Reuters) – Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday, marking the first Israeli attack on Yemen in almost a month....
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...

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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.
China-US Trade Soars as Exporters Race to Hit Trade Truce Window
Shipping
May 21, 2025
From 
Bloomberg
 via 
gCaptain

China-US Trade Soars as Exporters Race to Hit Trade Truce Window

A temporary trade truce between the world’s two largest economies has sparked a knee-jerk bounce across China’s ports and factory floors.  In the week beginning May 12, when the US and China agreed to sharply reduce tariffs for 90 days, bookings on freighters headed from China to US shores more than doubled from the prior week to about 228,000 TEUs, or twenty-foot equivalent units, data from container-tracking platform Vizion and data provider Dun & Bradstreet shows.
Poland Says Russian Ship Performed ‘Suspicious Maneuvers’ Near Cable to Sweden
News
May 21, 2025
From 
Reuters
 via 
gCaptain

Poland Says Russian Ship Performed ‘Suspicious Maneuvers’ Near Cable to Sweden

A Russian ship from the "shadow fleet" covered by sanctions performed suspicious maneuvers near a power cable connecting Poland with Sweden, Polish Prime Minister Donald Tusk said in a post on X on Wednesday.
Soybeans Close with Gains on Tuesday
Grain
May 20, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Close with Gains on Tuesday

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 cents to $1.50/ton on the day, with Soy Oil futures closing up 6 to...
Corn Rallies into Tuesday’s Close
Grain
May 20, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Rallies into Tuesday’s Close

Corn futures were helped by a stronger wheat complex on Tuesday, as contracts closed with 6 to 7 cent nearby gains. The front month CmdtyView national average Cash Corn price was up 7 1/4 cents at $4.27. EIA will release their weekly ethanol production update on Wednesday, with the trade...
Wheat Post Double Digit Strength on Tuesday, Likely Spurred by Short Covering
Grain
May 20, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Post Double Digit Strength on Tuesday, Likely Spurred by Short Covering

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. Kansas City HRW contracts closed with 13 to 14 cent gains. Minneapolis spring wheat futures were 11 to 13...
Report: Hanwha Plans Major Investment in Philly Shipyard, Sets Sights on LNG Carriers
Shipbuilding
May 20, 2025
From 
Mike Schuler
 via 
gCaptain

Report: Hanwha Plans Major Investment in Philly Shipyard, Sets Sights on LNG Carriers

South Korean conglomerate Hanwha Group is reportedly planning a major investment for improvements at its recently acquired Philly Shipyard, with plans to produce the U.S.-built LNG carriers. According to Korean...
Pure Hedge - Livestock and Grain
Grain
May 20, 2025
From 
Bill Allen
 via 
Barchart

Pure Hedge - Livestock and Grain

Love the Grains - Hedge the Cattle
Grain Spreads: December 25/26 Corn
Grain
May 20, 2025
From 
Sean Lusk
 via 
Barchart

Grain Spreads: December 25/26 Corn

Futures Spreads Examined
Chart of the Day - July Wheat
Grain
May 20, 2025
From 
Walsh Trading
 via 
Barchart

Chart of the Day - July Wheat

Wheat seems to be leading the Grains higher
Port of Savannah Sets New Container Volume Record
Ports
May 20, 2025
From 
Mike Schuler
 via 
gCaptain

Port of Savannah Sets New Container Volume Record

The Georgia Ports Authority (GPA) reported record-breaking container volumes at the Port of Savannah, handling 515,500 TEUs in April 2025, marking a 17 percent increase from the previous year. The...