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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 Holding Losses at Midday Following Tariff Announcement
Soybeans are posting lower trade on Thursday, with contracts down 15 to 18 cents at midday. CmdtyView’s national front month Cash Bean price is down 15 1/4 cents at $9.58 1/2. Soymeal futures are up $1.50/ton, with Soy Oil futures back down 167 points. President Trump announced reciprocal tariffs on...
From
Austin Schroeder
via
Barchart
Corn Turns Higher After Gapping Lower
Corn bulls are pushing back on Thursday, with contracts up fractionally in the nearbys and down 1 ¼ for new crop. Contracts are well off their overnight lows. The CmdtyView national average Cash Corn price is up 1 1/4 cents on the day at $4.29 3/4. President Trump’s “Liberation Day”...
From
Reuters
via
gCaptain
Could Panama Throw a New Wrench Into BlackRock’s Ports Deal?
BlackRock could hit another roadblock in its attempt to secure control of two flagship ports near the Panama Canal once the Central American country releases an audit on a 25-year concession granted to Hong Kong-based CK Hutchison.
From
Mike Schuler
via
gCaptain
Solong and Stena Immaculate Interim Report: MAIB Reveals Details of Deadly Collision Off U.K. Coast
The UK Marine Accident Investigation Branch (MAIB) has released an interim report detailing the serious maritime incident involving the Portuguese-flagged container ship Solong and the U.S.-flagged oil/chemical tanker Stena Immaculate,...
From
Jim Wyckoff
via
Barchart
July Hard Red Winter Futures Are Showing Resilience Despite a Broader Grain Market Selloff. Here Are the Levels to Watch Before You Buy.
The price action today in July HRW futures demonstrates underlying market strength.
From
Malte Humpert
via
gCaptain
Tiny Australian Outposts, Including Some With No People, Targeted by Trump Tariffs
Australia’s remote, uninhabited islands in the Antarctic and a tiny territory with barely any exports found themselves caught up alongside global heavyweights in U.S. President Donald Trump's sweeping tariff regime, leaving locals and officials baffled.
From
Austin Schroeder
via
Barchart
Wheat Joining in on the Selling on Thursday Morning
The wheat market is trading with losses across the three exchanges early on Thursday. Wheat posted mixed trade at Wednesday’s close, as contracts were higher in the KC market but lower in the others. Chicago SRW futures saw losses of 1 to 2 cents on the day. Kansas City HRW...
From
Austin Schroeder
via
Barchart
Soybeans Retreating on Thursday Morning After Gapping Lower on Tariff News
Soybeans are trading with sharp losses of 20 to 21 cents in the nearbys early on Thursday. Futures pulled off the lows on Wednesday, but still closed in the red, down 2 to 5 cents. Preliminary open interest was up 8,743 contracts on Wednesday. CmdtyView’s national front month Cash Bean...
From
Austin Schroeder
via
Barchart
Corn Gaps Lower on Tariffs
Corn price action is starting off Thursday with early losses of 6 to 8 cents so far. Futures closed the Wednesday session with contracts fractionally lower in some new crop months to as much 4 cents in the red for nearbys as traders were preparing for the tariffs released after...
From
Bloomberg
via
gCaptain
Oil Traders Shun China-Made Ships for US Flows on Trump Levies
Oil traders looking to book ships that call at US ports are trying to avoid Chinese-built vessels, after President Donald Trump proposed hefty fees on them in a bid to revive American shipbuilding.
From
Austin Schroeder
via
Barchart
Wheat Mixed at Wednesday’s Close
Wheat posted mixed trade at Wednesday’s close, as contracts were higher in the KC market but lower in the others. Chicago SRW futures saw losses of 1 to 2 cents on the day. Kansas City HRW contracts settled with 3 to 4 cent gains on Wednesday. MPLS spring wheat was...
From
Austin Schroeder
via
Barchart
Soybeans Slip Lower on Wednesday, with Reciprocal Tariffs Announced
Soybeans pulled off the lows on Wednesday, but still closed in the red, down 2 to 5 cents. CmdtyView’s national front month Cash Bean price was down 5 cents at $9.73. Soymeal futures were down $3.20 to $5.10/ton at the close, with Soy Oil futures up another 66 to 111...