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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
Mike Schuler
via
gCaptain
Trump Administration Claims Massive Oil Flows Through Hormuz But Industry Data Raises Questions
U.S. Energy Secretary Chris Wright says the military helped move more than 15 million barrels of oil and petroleum products through the Strait of Hormuz on Tuesday, an extraordinary figure...
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.
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From
Reuters
via
gCaptain
Australia Moves to Arm Troops With Anti-Ship Missiles as China Threat Looms
Australia is scrambling to deploy new long-range missiles as the recent arrival of powerful Chinese warships off the Australian coast delivers a sharp reminder of Beijing’s growing naval muscle.
From
Bloomberg
via
gCaptain
Shell Delivered Record Amount of LNG Fuel to Ships in 2024
Shell Plc said it delivered record volumes of liquefied natural gas to power ships last year, boosting the use of a fuel that’s become crucial to the energy transition.
From
Bloomberg
via
gCaptain
Four Dredger Crewmembers Involved in Major Singapore Oil Spill Plead Guilty
Four Dutch crew members involved in a ship collision in Singapore have pleaded guilty for their role in the city-state’s worst oil spill in a decade, the Straits Times reported Wednesday.
From
Mike Schuler
via
gCaptain
Coast Guard Academy’s Sexual Assault Scandal Deepens as More Victims File Claims
Seven new Federal Tort Claims Act (FTCA) administrative complaints have been filed today against the U.S. Coast Guard on behalf of sexual assault survivors who were cadets or prospective cadets...
From
Mike Schuler
via
gCaptain
DP World Reports Record $20 Billion Revenue Amid Global Trade Challenges, Plans Major Port Investments
Global port operator DP World has announced record financial results for 2024, with revenue reaching $20.0 billion, marking a 9.7% increase from the previous year. The company’s adjusted EBITDA rose...
From
Mike Schuler
via
gCaptain
U.S. Treasury Targets Iran’s ‘Shadow Fleet’ in Latest Round of Oil Sanctions
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a new round of sanctions targeting Iran’s petroleum sector, including the designation of Iran’s Minister of...
From
Mike Schuler
via
gCaptain
UK’s MAIB Leads Multi-National Investigation into North Sea Ship Collision
The Marine Accident Investigation Branch (MAIB) has launched an investigation into this week’s serious collision between the Portuguese-registered container ship SOLONG and the US-registered oil tanker STENA IMMACULATE off England’s...
From
Oliver Sloup
via
Barchart
Grain Market Recover from Wednesday's Weakness
Grain markets got hit hard early on Wednesday but managed to close off the lows which has helped aide in some recovery overnight and into the early morning trade.
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Wednesday
Wheat is trying to push higher so far on Wednesday, with gains across the three exchanges. The wheat market posted mixed action on Wednesday, as KC led the way higher. Chicago SRW futures were 2 to 3 cents in the red at the close. KC HRW futures were 1 to...
From
Austin Schroeder
via
Barchart
Soybean Bulls Pushing Back on Thursday Morning
The soybean market is trading with Thursday AM gains of 8 to 12 cents so far. Soybeans were pressured lower on Wednesday, with losses of 9 to 11 cents across most nearbys at the close. CmdtyView’s national front month Cash Bean price was 10 1/4 cents lower at $9.37. Soymeal...
From
Austin Schroeder
via
Barchart
Corn Bouncing to Kickoff Thursday
The corn market is trading with 1 to 4 cent gain so far on Thursday morning. Corn posted losses across the board on Wednesday, with contracts down 6 to 10 cents at the close. The front months were the leaders. The CmdtyView national average Cash Corn price was down 9...
From
Austin Schroeder
via
Barchart
Soybeans Face Losses on Wednesday
Soybeans were pressured lower on Wednesday, with losses of 9 to 11 cents across most nearbys at the close. CmdtyView’s national front month Cash Bean price was 10 1/4 cents lower at $9.37. Soymeal futures were down $1.70 to $2.50/ton in the nearbys on Wednesday, with Soy Oil futures 19...