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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
Bloomberg
via
gCaptain
Saudis Shuttle Oil North On Tankers To Evade Houthis
By Weilun Soon Aug 22, 2026 (Bloomberg) –Shipowners including Sinokor Group are helping Saudi Arabian crude exit the Red Sea via the safer northern route, as Iran-backed militants target the kingdom’s...
From
Reuters
via
gCaptain
Iran Grants Permission For A Number Of Iraqi Oil Tankers To Pass Through Hormuz
Aug 22 (Reuters) – Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from Baghdad through various channels, Iran’s state...
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.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Chris Swift
via
Barchart
Shootin' the Bull about making the consumer pay
The cut in slaughter pace is expected to bring a top to the market quicker than anything else could.
From
Reuters
via
gCaptain
Russian Oil Freight Rates From Baltic Ports to India Ease as More Western Shipowners Return
Freight rates for Russian oil supplies from its Baltic ports to India are declining from recent record highs amid an increase in offers from Western shipowners after Urals crude oil prices fell below a price cap of $60 per barrel, two traders said.
From
Bloomberg
via
gCaptain
Global Shipping Insurance May Shift If Russia Sanctions End, Bimco Says
The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s so-called shadow fleet, provided they follow best practice, according to a leading maritime group.
From
Malte Humpert
via
gCaptain
Vattenfall Greenlights Construction of Germany’s Largest Offshore Wind Farm
More than three years into the Ukraine War the EU has finally slammed the door shut to the transfer of Russian LNG across its terminals. Ukrainian officials have long called for the bloc to begin phasing out the Russian supercooled gas, but support in Brussels for a full-fledged ban remains haphazard.
From
Austin Schroeder
via
Barchart
Corn Weaker at Midday
Corn futures are showing 2 to 3 cent losses in most contracts at Wednesday’s midday. The CmdtyView national average Cash Corn price is down 2 ¼ cents at $4.21 ½. The weekly EIA report showed ethanol production dropping back 52,000 barrels per day in the week that ended on March...
From
Austin Schroeder
via
Barchart
Wheat Lower at Midday
The wheat market is showing continued weakness so far at midday. Chicago SRW futures are slipping on Wednesday, with contracts down 4 to 5 cents. Kansas City HRW contracts are showing 1 to 3 cent losses in the nearby contracts at midday. MPLS spring wheat is trading with fractional to...
From
Austin Schroeder
via
Barchart
Soybeans Higher at Wednesday’s Midday
The soybean market is trading with 3 to 5 cent gains as Wednesday’s midday. CmdtyView’s national front month Cash Bean price is up 4 1/4 cents at $9.46 1/4. Soymeal futures are 50 cents/ton lower in the front months, with Soy Oil futures 44 points higher on the day. March...
From
Malte Humpert
via
gCaptain
EU Transshipment Ban on Russian LNG Takes Effect, Forcing Shift to Ship-to-Ship Transfers
More than three years into the Ukraine War the EU has finally slammed the door shut to the transfer of Russian LNG across its terminals. Ukrainian officials have long called for the bloc to begin phasing out the Russian supercooled gas, but support in Brussels for a full-fledged ban remains haphazard.
From
The Loadstar
via
gCaptain
HMM Takes Delivery of Its First Methanol-Powered Containership
South Korean shipping line HMM has taken delivery of the HMM Green (above), the first in a series of nine 9,000 teu methanol-fuelled containerships being built at Korean yards.
From
Jim Wyckoff
via
Barchart
Looking to Buy July Corn Futures Ahead of Growing Season? Here Are the Levels to Watch.
The corn futures market has held up surprisingly well given concerns over heightened U.S. trade tensions.
From
Malte Humpert
via
gCaptain
Russia’s Northern Fleet To Launch Multiple New Nuclear Submarines
Russia plans to significantly increase and modernize the firepower of its Arctic-based submarine fleet. Before the end of the decade three additional Borei-class nuclear submarines will join the country’s Northern Fleet, headquartered near Murmansk.
From
Bloomberg
via
gCaptain
Xi Tests US Allies in Indo-Pacific as Trump Focuses Elsewhere
By Bloomberg News Mar 26, 2025 (Bloomberg) –President Xi Jinping is making China’s presence more felt across the Indo-Pacific region by testing US allies on sensitive issues, as Donald Trump’s attention...