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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
Malte Humpert
via
gCaptain
Sanctioned Russian Arctic LNG Project Awakens After Winter With Gas Flaring Visible at Both Production Lines
Russia has apparently turned the lights back on at its sanctioned Arctic LNG 2 plant. Images taken by the European Sentinel 2 satellite reveal flaring at both production lines, Train 1 and Train 2, as well as the adjacent main flare.
From
Bloomberg
via
gCaptain
Key Brazil Port Bustles as China Poised to Shift Away From US
Donald Trump’s trade war may have crushed global commodity prices, but it’s good news for one of Brazil’s largest ports, which is seeing an uptick in export volumes.
From
Reuters
via
gCaptain
Limited Options Push China Into Trade ‘War of Attrition’ With Trump
Beijing, feeling boxed into a corner by the United States' intensifying tariff assault on China and any country that buys or assembles Chinese goods, is bracing for an economic war of attrition.
From
Reuters
via
gCaptain
CK Hutchison’s Panama Port Concession Under Fire as $22.8B Deal Hangs in the Balance
Panama's Comptroller General office will file a lawsuit against the officials who authorized the renewal of a 25-yearport concession to a company led by CK Hutchison 0001.HK, the comptroller general said on Monday, as a key audit of the contract is expected to be completed soon.
From
Austin Schroeder
via
Barchart
Wheat Closes Higher on Monday
Wheat futures were stronger on Monday to start a new week of trade. Chicago SRW futures were 7 to 8 cents higher to settle the Monday session. Kansas City HRW contracts saw slight gains of 1 to 3 cents in the nearbys at the close. MPLS spring wheat posted gains...
From
Austin Schroeder
via
Barchart
Soybeans See Spreading on Monday
Soybeans saw some spreading on Monday, with front months showing 4 to 6 cent gains and new crop down 3 ¼ cents in the November. CmdtyView’s national front month Cash Bean price was up 6 cents at $9.27. Soymeal futures were up $1.80 to $5.30/ton, with Soy Oil futures back...
From
Austin Schroeder
via
Barchart
Corn Closes Monday Mixed
Corn futures posted gains of 3 to 5 cents in the nearbys on Monday. New crop strength was lacking, as December was down ¾ cent. The CmdtyView national average Cash Corn price was up 4 1/2 cents at $4.35 1/2. One of the tariffs concerns, at least from a retaliatory...
From
Mike Schuler
via
gCaptain
USACE Breaks 45-Year Hiatus with Cutting-Edge Hopper Dredge Construction at Eastern Shipbuilding
Eastern Shipbuilding Group (ESG) has launched construction on a groundbreaking medium class hopper dredge for the U.S. Army Corps of Engineers (USACE), marking the agency’s first deep draft hopper dredge...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Livestock Markets all lower again - The Grains Look Ready to Run.
From
Chris Swift
via
Barchart
Shootin' the Bull about not able to catch a break
Cattle feeders can't catch a break. Feeders are lower, but not by as much as fats. Corn was higher and diesel fuel no cheaper.