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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
Chris Swift
via
Barchart
Shootin' the Bull about pushing on to the consumer
Still no let up in the rising cost to produce a pound of beef.
From
Mike Schuler
via
gCaptain
Genco CEO Says Trump’s China Ship Fees Will Hammer Farmers, Not China
The largest US-based dry bulk shipper said it is prepared to pass on costs to US exporters or position its ships elsewhere if proposed US fees on Chinese ships go into place.
From
Mike Schuler
via
gCaptain
NTSB to Hold Public Meeting on Fatal ‘Grande Costa D’Avorio’ Fire as Maritime Firefighting Training Gaps Emerge
The National Transportation Safety Board (NTSB) will convene a public board meeting on April 15 to determine what caused the devastating fire aboard the roll-on/roll-off vessel Grande Costa D’Avorio that...
From
Mike Schuler
via
gCaptain
St. Lawrence Seaway Launches 67th Navigation Season
The U.S. Department of Transportation’s (USDOT) Great Lakes St. Lawrence Seaway Development Corporation (GLS) and its Canadian counterpart the St. Lawrence Seaway Management Corporation (SLSMC) opened the binational waterway’s 67th...
From
Austin Schroeder
via
Barchart
Corn Posting Higher Trade on Tuesday
Corn futures are posting 4 to 6 cent gains across the front months at Tuesday’s midday, extending the gains from Monday. The CmdtyView national average Cash Corn price is up 6 ¾ cents on the day at $4.30 1/2. Monthly Grain Crushing data will be released later today, with the...
From
Austin Schroeder
via
Barchart
Wheat Holding Strength on Tuesday
Wheat is posting higher trade at Tuesday’s midday. Chicago SRW futures are firm to 2 1/4 cents higher so far on the day. Kansas City HRW contracts are 3 to 5 cents in the green. MPLS spring wheat is up 2 to 4 cents in the nearby contracts. Precip is...
From
Austin Schroeder
via
Barchart
Soybean Rally Led by Bean Oil
The soybean market is posting 15 to 17 cent gains across the front months at midday. CmdtyView’s national front month Cash Bean price was down 17 1/2 cents at $9.74 3/4. Soymeal futures are down $1.00/ton at midday, with Soy Oil futures are up 223 points so far on the...
From
Mike Schuler
via
gCaptain
Fog Hampers Port Houston Operations in February
Port Houston experienced significant operational disruptions in February due to widespread fog, leading to a 13% year-over-year decline in container throughput. The port handled 325,424 TEUs during the month, with...
From
Mike Schuler
via
gCaptain
U.S. Coast Guard Triples Forces Along Southwest Maritime Border, Seizes $785M in Drugs
The U.S. Coast Guard has significantly expanded its presence along the Southwest Maritime Border, tripling its operational forces since January 21 as part of an enhanced border security initiative that...
From
Bloomberg
via
gCaptain
Sanctioned Russian Arctic LNG Plant Flares Gas After Long Lull
Russia’s Arctic liquefied natural gas plant appears to have flared fuel last week, satellite images show, a move that could indicate the restart of a sanctioned export facility that has effectively been shuttered since last October.