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.

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EIA Sees Weak Global Oil Demand Limiting Price Spike from Hormuz Disruption
News
June 9, 2026
From 
Mike Schuler
 via 
gCaptain

EIA Sees Weak Global Oil Demand Limiting Price Spike from Hormuz Disruption

The U.S. Energy Information Administration (EIA) has lowered its outlook for global oil demand in 2026, saying weaker consumption could help cap oil price increases even as disruptions continue to...
Billion-Dollar USV Builder Saronic Scores Operational Milestone in Oman Rescue
News
June 9, 2026
From 
Mike Schuler
 via 
gCaptain

Billion-Dollar USV Builder Saronic Scores Operational Milestone in Oman Rescue

A U.S. Navy-operated autonomous surface vessel (ASV) built by Saronic rescued two U.S. Army aviators after their AH-64 Apache helicopter crashed off the coast of Oman, marking what appears to...
IMO Chief Warns No Safe Passage Exists in Hormuz Despite Rising Traffic Claims
News
June 9, 2026
From 
Mike Schuler
 via 
gCaptain

IMO Chief Warns No Safe Passage Exists in Hormuz Despite Rising Traffic Claims

The head of the International Maritime Organization (IMO) has issued one of his strongest warnings yet on conditions in the Strait of Hormuz, saying the waterway remains too dangerous for...
U.S. Energy Secretary Says Ship Traffic Through Hormuz Increasing ‘Meaningfully’
Shipping
June 9, 2026
From 
Reuters
 via 
gCaptain

U.S. Energy Secretary Says Ship Traffic Through Hormuz Increasing ‘Meaningfully’

U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a deal on ending their more than three-month-old war.
EU Unveils 21st Russia Sanctions Package Targeting Shadow Fleet, Banks, LNG Tankers
News
June 9, 2026
From 
Mike Schuler
 via 
gCaptain

EU Unveils 21st Russia Sanctions Package Targeting Shadow Fleet, Banks, LNG Tankers

The European Commission on Tuesday proposed a sweeping 21st package of sanctions against Russia, targeting the country’s financial sector, shadow fleet operations, energy exports, and military supply chains as Brussels...
Russia Holds Naval Drills in Baltic Sea During Major NATO Exercises
Defense
June 9, 2026
From 
Reuters
 via 
gCaptain

Russia Holds Naval Drills in Baltic Sea During Major NATO Exercises

Russia's navy has conducted military drills in the Baltic Sea, practicing unguided missile launches, bombing runs and missile strikes, it said, as major U.S.-NATO exercises also took place in the region, the Interfax news agency reported on Tuesday.

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Soybeans Starting Monday with Strength
Grain
May 4, 2026
From 
Austin Schroeder
 via 
Barchart

Soybeans Starting Monday with Strength

Soybeans are trading 3 to 8 cents higher so far on Monday morning. Futures closed the Friday session with 5 ¾ to 12 ¾ cent gains, as May was 24 cents higher last week. November was up 27 cents on the week. Preliminary open interest suggested new buying interest, up...
Corn Easing Back to Start Monday Morning
Grain
May 4, 2026
From 
Austin Schroeder
 via 
Barchart

Corn Easing Back to Start Monday Morning

Corn price action is mostly 1 to 2 cents weaker so far on Monday AM trade. Futures posted gains of 1 ¼ to 5 ½ cents across the board on Friday, with May rallying 13 ¼ cents on the week. December was 14 ½ cents higher last week. Preliminary open...
Iran Says It Turns Back US Warship From Strait of Hormuz, US Official Denies Missile Strike
News
May 4, 2026
From 
Reuters
 via 
gCaptain

Iran Says It Turns Back US Warship From Strait of Hormuz, US Official Denies Missile Strike

Iran said it had forced a U.S. warship to turn back from entering the Strait of Hormuz on Monday, but a U.S. official denied a report that it had been struck by Iranian missiles, according to an Axios journalist.
Stricken Russian LNG Tanker ‘Arctic Metagaz’ Anchored Off Libya After Two-Month Odyssey, Future Uncertain
News
May 4, 2026
From 
Malte Humpert
 via 
gCaptain

Stricken Russian LNG Tanker ‘Arctic Metagaz’ Anchored Off Libya After Two-Month Odyssey, Future Uncertain

The burnt-out Russian LNG carrier Arctic Metagaz has been anchored off Libya’s eastern coast, potentially ending a two-month drift across the central Mediterranean, though uncertainty remains over how authorities will handle the stricken vessel.
Trump Says US To Start Guiding Trapped Ships Through Hormuz
Shipping
May 3, 2026
From 
Bloomberg
 via 
gCaptain

Trump Says US To Start Guiding Trapped Ships Through Hormuz

By María Paula Mijares Torres May 3, 2026(Bloomberg) –President Donald Trump said the US will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz...
Philippines Accuses China of Conducting Illegal Marine Research
Defense
May 3, 2026
From 
Bloomberg
 via 
gCaptain

Philippines Accuses China of Conducting Illegal Marine Research

By Ditas B Lopez May 3, 2026(Bloomberg) –The Philippine Coast Guard said four Chinese vessels were conducting illegal marine scientific research in its waters and threatened to deploy aircraft and boats...
Israel Court Extends Detention Of Gaza Flotilla Activists
News
May 3, 2026
From 
Reuters
 via 
gCaptain

Israel Court Extends Detention Of Gaza Flotilla Activists

ASHKELON, Israel, May 3 (Reuters) – An Israeli court has extended by two days the detention of two activists arrested aboard a Gaza-bound flotilla that was intercepted by Israeli forces in international waters near...
Swedish Coast Guard Seizes Suspected False Flag Tanker In Baltic Sea
News
May 3, 2026
From 
Reuters
 via 
gCaptain

Swedish Coast Guard Seizes Suspected False Flag Tanker In Baltic Sea

STOCKHOLM, May 3 (Reuters) – The Swedish Coast Guard said on Sunday it had seized a tanker in the Baltic Sea believed to be part of Russia’s shadow fleet, the latest in a string...
Ukrainian Drones Hit Russia’s Primorsk Port, Oil Tankers And Military Ships
Defense
May 3, 2026
From 
Reuters
 via 
gCaptain

Ukrainian Drones Hit Russia’s Primorsk Port, Oil Tankers And Military Ships

May 3 (Reuters) – Ukraine launched a wave of drone attacks on targets across Russia on Sunday, hitting the Baltic Sea port of Primorsk and setting it on fire, and striking a number of...
India Linked Ship Carrying Cooking Fuel Manages Hormuz Exit
Shipping
May 2, 2026
From 
Bloomberg
 via 
gCaptain

India Linked Ship Carrying Cooking Fuel Manages Hormuz Exit

By Weilun Soon and Rakesh Sharma May 2, 2026 (Bloomberg) –An India-linked tanker laden with liquefied petroleum gas has managed to transit the Strait of Hormuz, a rare crossing that underscores...
US, Philippines Deploy Anti-Ship Missile System During War Games
Defense
May 2, 2026
From 
Reuters
 via 
gCaptain

US, Philippines Deploy Anti-Ship Missile System During War Games

By Adrian Portugal BATANES, Philippines, May 2 (Reuters) – Philippine and U.S. forces on Saturday showcased the NMESIS anti-ship missile system in Batanes province, near Taiwan, during annual war games, as tensions simmer over the...
Oil Tanker Hijacked Off Shabwa Coast, Heads Towards Somali Waters
May 2, 2026
From 
Reuters
 via 
gCaptain

Oil Tanker Hijacked Off Shabwa Coast, Heads Towards Somali Waters

May 2 (Reuters) – Yemen’s coast guard said on Saturday that the M/T EUREKA oil tanker had been hijacked off the coast of Shabwa province by unidentified armed men who boarded the vessel, seized...