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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
Mike Schuler
via
gCaptain
Three Stevedores Killed in Enclosed Space on Bulk Carrier, Highlighting Critical Training Gaps
Three stevedores lost their lives in an enclosed space accident aboard the Isle of Man-registered bulk carrier Berge Mawson at Indonesia’s Bunyu Island anchorage, prompting a comprehensive investigation by the...
From
Mike Schuler
via
gCaptain
U.S. Treasury Sanctions Chinese ‘Teapot’ Refinery and Shadow Fleet in Major Iranian Oil Crackdown
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has launched a sweeping enforcement action targeting a Chinese “teapot” refinery and multiple shipping companies involved in Iranian...
From
Jim Wyckoff
via
Barchart
There Is a Buying Opportunity in July Soybean Meal Futures. Here Are the Price Levels to Watch.
Soybean traders must sense that there is not a lot of downside at present price levels in the meal futures market.
From
Austin Schroeder
via
Barchart
Soybeans Weaker to Start Thursday
The soybean market is weaker to kick off Thursday trade, with losses of 3 to 5 cents so far. Beans faced weakness on Wednesday, as contracts were down 5 to 6 cents in the nearbys. Preliminary open interest showed new selling interest, up 13,228 contracts. CmdtyView’s national front month Cash...
From
Austin Schroeder
via
Barchart
Wheat Weakness Continuing Ahead of Export Sales Release
Wheat futures are showing weaker trade so far on Thursday morning, with spring wheat traying to show some strength. The wheat market saw losses across the three exchanges at the Wednesday close. Chicago SRW futures were down 1 to 2 cents in the front months on the day. Kansas City...
From
Austin Schroeder
via
Barchart
Corn Sneaking Out Thursday AM Gains
The corn market is showing fractional to 2 cent gains so far on Thursday morning. Futures posted mixed trade to close out the Wednesday session, as front months were up 1 to 3 ¼ cents and new crop December was down 2 ¾ cents. Preliminary open interest was down 10,267...
From
Reuters
via
gCaptain
Hapag-Lloyd Posts 19% Lower Net Profit in 2024, to Cut Dividend
Container shipping liner Hapag-Lloyd HLAG.DE on Thursday reported an 18.9% lower net profit for 2024 and proposed a 11.4% cut in its divided versus 2023, citing lower interest income and higher tax expenses.
From
Austin Schroeder
via
Barchart
Soybeans Close Lower on Wednesday
Soybeans faced weakness on Wednesday, as contracts were down 5 to 6 cents in the nearbys. CmdtyView’s national front month Cash Bean price was down 4 1/4 cents at $9.46 1/4. Soymeal futures closed with front month losses of $1.50/ton, as Soy Oil futures were down 18 points on the...
From
Austin Schroeder
via
Barchart
Corn Posts Front Month Gains as Ethanol Production Rebounds
Corn futures posted mixed trade to close out the Wednesday session, as front months were up 1 to 3 ¼ cents and new crop December was down 2 ¾ cents. The CmdtyView national average Cash Corn price was back up 3 1/2 cents at $4.25 1/2. EIA released their weekly...
From
Austin Schroeder
via
Barchart
Wheat Closes Lower on Wednesday, Led by KC
The wheat market saw losses across the three exchanges at the Wednesday close. Chicago SRW futures were down 1 to 2 cents in the front months on the day. Kansas City HRW contracts led the charge, down 10 to 12 cents on Wednesday. MPLS spring wheat losses totaled 2 to...
From
Mike Schuler
via
gCaptain
USNS John Lewis Completes First Fleet Replenishment Operation Off Southern California
The Military Sealift Command’s newest fleet replenishment oiler USNS John Lewis (T-AO 205) achieved a significant milestone by completing its first fleet-tasked underway replenishment operation with USS Mustin off Southern...
From
Mike Schuler
via
gCaptain
Maritime Industry Warns USTR’s China Port Fees Could Sink U.S. Economy
Industry Leaders Sound Alarm: Proposed Tariffs on Chinese Ships Threaten Economic Shockwaves Across U.S. Trade Major maritime industry stakeholders are voicing strong opposition to the U.S. Trade Representative’s proposed Section...