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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
Reuters
via
gCaptain
Trump’s Tariff ‘Medicine’ Engulfs Markets as U.S. Stocks Brace for More Turmoil
President Donald Trump's sweeping tariff plans hammered global financial markets and U.S. stocks braced for more turmoil on Monday, after he warned foreign governments they would have to pay "a lot of money" to lift the levies he called "medicine."
From
Austin Schroeder
via
Barchart
Corn Slipping to Start Monday
Corn is showing fractional to 2 cent losses early on Monday. The corn market closed out the Friday session with contracts up 1 to 3 cents across the front months. May was up 7 cents last week despite all the tariff talk. New crop December was down ¾ cent, with...
From
Austin Schroeder
via
Barchart
Wheat Starting Monday with Higher Trade
Wheat futures are trading with contracts higher early on Monday. The complex closed Friday with contracts down across the three markets. Chicago SRW futures were down 7 to 8 cents on the day, as May closed the week up ¾ cent. Kansas City HRW contracts were 10 to 12 cents...
From
Austin Schroeder
via
Barchart
Soybeans Bouncing on Monday Morning Trade
The soybean market is showing steady to 3 cent higher trade on Monday morning. Soybeans were in full collapse mode on Friday, as contracts were down 32 to 35 cents across most contracts. May lost 46 cents on the week, with November down 44 ¾ cents. Preliminary open interest was...
From
Oliver Sloup
via
Barchart
Grain Markets Hold Their Own
A risk-off trade in the outside markets induced more panic on Sunday night, however, grain markets have largely traded as a spectator to the broader market volatility. A potential silver lining?
From
Bloomberg
via
gCaptain
Ship Carbon Charge Edges Closer With Optimism US Won’t Derail It
Governments from across the world are gathering in London this week to thrash out a landmark global carbon charge for the shipping industry.
From
Reuters
via
gCaptain
CMA CGM And French AI Startup Target Customer Service
By Gus Trompiz and Florence Loeve PARIS, April 6 (Reuters) – Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro partnership unveiled on Sunday,...
From
Andrew Hecht
via
Barchart
Grains and Oilseeds in Q1 2025- Where are they Heading in Q2?
The gain and oilseed sector of the commodities market was virtually unchanged in Q1, posting a marginal gain. As the agricultural products that feed and fuel the world head into Q2, the 2025 crop year begins with the planting season.
From
Bloomberg
via
gCaptain
Greek Ships Go Thousands Of Miles Further To Deliver Russian Oil
By Julian Lee Apr 4, 2025 (Bloomberg) –Three Greek oil tankers are going on detours of thousands of miles to deliver crude from Russia’s Baltic Sea to customers in Asia. The...
From
Reuters
via
gCaptain
China Demands Compensation From Taiwan After Collision Of Navy Ship, Trawler
BEIJING, April 4 (Reuters) – China has demanded that Taiwan compensate Chinese fishermen for losses after a Taiwanese navy landing ship and a Chinese fishing boat collided outside restricted waters last week....
From
Nick Ehrenberg
via
Barchart
Feeders, Fibonacci & W.D. Gann
Educational and Actionable information using Fibonacci and W.D. Gann analysis.