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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
Indian Seafarers Freed After Months of Detention at Yemen’s Ras Isa Port
India says it has secured the release of more than 150 seafarers who were stranded at Yemen’s Ras Isa Port, according to the Directorate General of Shipping. All 11 vessels...
From
Mike Schuler
via
gCaptain
Two Injured, Two Missing in New Ship Attack Near Yemen’s Hodeidah, Ambrey Says
Two crew were injured and two others missing on a Liberia-flagged bulk carrier that was attacked with skiffs and drones 49 nautical miles southwest of Yemen's Red Sea port of Hodeidah, British maritime security firm Ambrey said on Monday.
From
Reuters
via
gCaptain
Israel Targets Yemen Ports, Power Station After Renewed Houthi Attacks
By Yomna Ehab and Mohammed Ghobari ADEN/CAIRO, July 7 (Reuters) – Israel struck Houthi targets at three Yemeni ports and a power plant, the military said early on Monday, in...
From
Mike Schuler
via
gCaptain
Red Sea Crisis Boils Over as Houthis Claim Sinking of M/V Magic Seas; Galaxy Leader Struck
Yemen’s Houthi militants who earlier claimed responsibility for an attack on the M/V Magic Seas, now say they sank the Greek bulk carrier. The sinking has not been verified by independent sources and a representative for the vessel’s commercial manager, Stem Shipping, could not yet confirm that the vessel had sunk.
From
Mike Schuler
via
gCaptain
Unmanned Saildrones Track Russian ‘Shadow Fleet’ During NATO Baltic Sea Operations
Saildrone, a leading maritime autonomy company, has demonstrated its advanced surveillance capabilities by successfully identifying Russian “shadow fleet” vessels during recent NATO operations in the Baltic Sea. From June 16...
From
Bloomberg
via
gCaptain
Trump Sets August 1 Tariff Start Ahead of Wednesday Deadline
President Donald Trump plans to announce trade deals and deliver tariff warnings on Monday, as countries negotiated through the weekend to avoid the highest punitive measures on their exports to the US before a Wednesday deadline.
From
Mike Schuler
via
gCaptain
Coast Guard Rescue Swimmer Saves 165 Lives in Texas Flood Disaster as Death Toll Climbs
U.S. Coast Guard rescue swimmer Scott Ruskan is being hailed a hero after saving 165 individuals during his first rescue mission in the devastating floods that struck Texas last week....
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From
Jim Wyckoff
via
Barchart
What 3 Key ‘Outside’ Commodity Markets Are Telling Us About Grains Prices This Week
The U.S. dollar, Nymex crude oil, and U.S. stock indexes each play key influential roles in determining how grains futures trade.
From
Austin Schroeder
via
Barchart
Wheat Starting the Week with Gains
The wheat market is trading with gains across all three markets at midday. Chicago SRW futures are up 1 to 2 cents. Kansas City HRW contracts are 4 to 5 cents in the green. Minneapolis spring wheat futures are 8 to 9 cents higher. Export Inspections data showed a total...
From
Austin Schroeder
via
Barchart
Soybeans Holding Higher at Midday
The soybean market is posting midday gains on Monday, with contracts stready to 3 cents in the green. The cmdtyView Cash Bean price is up 3/4 cents to $10.01. Soymeal futures are down $4.60/ton on the day, with Soy Oil futures back up 35 points. USDA reported a total of...
From
Austin Schroeder
via
Barchart
Corn Posting Monday Gains
Corn futures are trading with gains at Monday’s midday, with front months fractionally high and new crop up 3 to 4 cents. The front month CmdtyView national average Cash Corn price is up 3/4 cents at $4.16 ¼. Weekly Export Inspections data tallied corn shipments at 1.719 MMT (67.68 mbu)...
From
Reuters
via
gCaptain
Norway Launches Floating Offshore Wind Tender
Norway has launched the first part of its long-awaited inaugural floating wind tender, it said on Monday, offering subsidies to the winners despite the challenges faced by the global offshore wind industry.
From
Reuters
via
gCaptain
Shipping Giant CMA CGM Sees Cargo Jump After China Tariff Relief
Shipping giant CMA CGM SA is experiencing a sharp upswing in demand for freight transport out of China in a further signal that trade is rebounding after Beijing reached a temporary truce with the US to lower tariffs.
From
Mike Schuler
via
gCaptain
ZIM Reports Strong Q1 Results Amid Red Sea Crisis, Declares Dividend
Israeli container shipping company ZIM (NYSE: ZIM) reported strong first-quarter results today, with net income more than tripling to $296 million compared to $92 million in the same period last...
From
Mike Schuler
via
gCaptain
First Gulf Coast LNG Bunker Fueling Facility Secures Final Permits for 2027 Start
HOUSTON – The Galveston LNG Bunker Port (GLBP) has cleared its final regulatory hurdles after securing crucial permits from the U.S. Army Corps of Engineers and U.S. Coast Guard, setting...
From
The Loadstar
via
gCaptain
Transpacific Gridlock Looms Tariff Truce Triggers Freight Frenzy
Transpacific shippers keen to take advantage of the 90-day tariff time-out are likely to be faced with tight capacity and soaring freight rates as new volumes collide with delayed cargo.
From
Oliver Sloup
via
Barchart
A Mixed Start to the Week for Grain and Livestock Markets
Grain and livestock markets have been mostly mixed as we start a new week of trade. These are a few of the things on our radar.
From
Austin Schroeder
via
Barchart
Corn Higher on Monday Morning
The corn market is trading with contracts up 2 to 5 cents. Corn futures closed out the Friday session on a weaker note, with contracts down 3 to 5 cents. July slipped back 6 ¼ cents on the week, with December falling in unison and down 6 ½ cents. The...
From
Austin Schroeder
via
Barchart
Soybeans Starting Off Monday with Gains
Soybean futures are trading with 3 to 5 cent gains out of the weekend. The soybean market posted nearby losses of 1 to 2 cents on Friday, with July down 1 ¾ cents on the week. New crop contracts were fractionally higher, with November up a nickel last week. Friday’s...