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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
Paul Morgan
via
gCaptain
Airbus Goes to Sea: How a French Shipowner and Chinese Shipyard Are Reinventing the Atlantic Supply Chain
Last weekend’s launch of a ro-ro cargo vessel at a riverside shipyard in Wuhan may not have commanded the same attention as an Airbus A320 rolling off the production line...
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...
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...
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...
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.
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...
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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From
Reuters
via
gCaptain
Blocked Hormuz Fuel Surge Claims Spirit Airlines
By David Shepardson and Laila Kearney May 2 (Reuters) – Major airlines and the U.S. government scrambled to help stranded passengers and employees after bankrupt discount carrier Spirit Airlines FLYYQ.PK ceased operations on Saturday,...
From
Reuters
via
gCaptain
Iran Offers Strait Deal; Trump Dissatisfied But Prefers Non-Military Path
By Parisa Hafezi and Jacob Bogage DUBAI/WEST PALM BEACH, May 2 (Reuters) – An Iranian proposal so far rejected by U.S. President Donald Trump would open shipping in the Strait of Hormuz and end the U.S....
From
Bloomberg
via
gCaptain
Saudi Arabia Set For Oil Windfall After Hormuz Boosts Prices
By Andrey Biryukov May 1, 2026 (Bloomberg) –The blockade of the Strait of Hormuz is creating an economic split among oil exporters in the Persian Gulf, with Saudi Arabia and Oman...
From
Brady Sidwell
via
Barchart
Cattle, wheat, corn, soybeans, crude and S&P surge to new highs
Historic dissents in Fed interest rate pause
From
Darren Carlat
via
Barchart
What Happens When Seasonality and Geopolitics Collide?
Markets don’t always follow their seasonal patterns—especially during geopolitical events. This analysis of RBOB gasoline shows how conflicts can temporarily distort price action, and why structure ultimately matters more.
From
Austin Schroeder
via
Barchart
Soybeans Rounds Out the Week with Strength
Soybeans futures closed the Friday session with 5 ¾ to 12 ¾ cent gains, as May was 24 cents higher this week. November was up 27 cents on the week. The cmdtyView national average Cash Bean price was up 13 1/2 cents at $11.37 3/4. Soymeal futures were steady to...
From
Austin Schroeder
via
Barchart
Wheat Trading Mostly Higher at Midday
The wheat complex closed Friday with most exchanges higher. Chicago SRW futures saw steady to 5 cent higher trade, as May was 16 ¼ cents in the green since last Friday. KC HRW futures posted ¾ to 4 ½ cent gains, as May rallied 23 ½ cents on the week....
From
Austin Schroeder
via
Barchart
Corn Closes Friday with Gains to Round Out the Week
Corn 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 this week. The CmdtyView national average Cash Corn price was 7 cents higher on the day to $4.39 ¾....
From
Ben DiCostanzo
via
Barchart
Cattle Markets Rally to New Highs and Fail
Cattle rallies to all-time high and gives it away
From
Mike Schuler
via
gCaptain
U.S. Targets Iran–China Oil Pipeline in Dual Sanctions Move on Shipping and Finance
The United States escalated its pressure campaign on Iran Friday, pairing maritime sanctions with a parallel strike on the financial channels that convert oil sales into cash, in what officials...
From
Mike Schuler
via
gCaptain
IMO Climate Talks Stay Alive as Carbon Plan Survives U.S. Pushback at MEPC 84
The International Maritime Organization has kept its landmark shipping climate framework alive following a week of high-stakes negotiations in London, setting up a decisive endgame later this year after deep divisions again...