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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Saudis Shuttle Oil North On Tankers To Evade Houthis
Shipping
August 22, 2026
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...
Iran Grants Permission For A Number Of Iraqi Oil Tankers To Pass Through Hormuz
Shipping
August 22, 2026
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...
China’s NewNew Shipping Line Pushes Deeper Into Arctic With First Murmansk Container Run
News
August 21, 2026
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.
Panama Canal Draught Restrictions Set to Add to Congestion Chaos
News
August 21, 2026
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.
US Sanctions Fishing Fleet Accused of Shipping Cocaine to Mexico
News
August 21, 2026
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.
Iran Vows ‘Devastating’ Response to US Threat to Cut Off Its Economic Lifelines
News
August 21, 2026
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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Wheat Closes Mixed on Wednesday
Grain
March 12, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Closes Mixed on Wednesday

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 3 cents higher on the session. MPLS spring wheat closed down 2 to 3 cents. The...
Corn Heads Lower as Traders Take Risk Off Approach on Fresh Tariffs
Grain
March 12, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Heads Lower as Traders Take Risk Off Approach on Fresh Tariffs

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 cents at $4.22 1/4. Retaliatory tariffs from the EU due to the US tariffs on steel...
Grain Spreads: USDA No Help in Wheat
Grain
March 12, 2025
From 
Sean Lusk
 via 
Barchart

Grain Spreads: USDA No Help in Wheat

Higher Supplies and Lower Demand Pressure
Pure Hedge - Livestock and Grain
Grain
March 12, 2025
From 
Bill Allen
 via 
Barchart

Pure Hedge - Livestock and Grain

These Markets Will Correct - Opportunity Exists Now - And December'25 Corn Call Spreads
Video Footage Reveals Critical Moments Before Ship Collision in Dense Fog Off UK Coast
Accidents
March 12, 2025
From 
Mike Schuler
 via 
gCaptain

Video Footage Reveals Critical Moments Before Ship Collision in Dense Fog Off UK Coast

New video footage has emerged showing the crucial moments leading up to the collision between the containership SOLONG and the tanker STENA IMMACULATE off England’s East Yorkshire coast, captured by...
Grains Futures Markets Traders Brush Off WASDE. What to Watch Next.
Grain
March 12, 2025
From 
Jim Wyckoff
 via 
Barchart

Grains Futures Markets Traders Brush Off WASDE. What to Watch Next.

The USDA supply and demand report failed to move the needle for grain traders as the focus remains on tariffs and an escalating trade war.
REGENT Unveils World’s First Full-Scale Electric Seaglider, Begins Historic Sea Trials
Shipping
March 12, 2025
From 
Mike Schuler
 via 
gCaptain

REGENT Unveils World’s First Full-Scale Electric Seaglider, Begins Historic Sea Trials

REGENT Craft has achieved a significant milestone in maritime transportation with the unveiling of its first full-scale seaglider prototype, marking a pivotal moment in the evolution of coastal transportation. The...
Done Deal: Historic ILA-USMX Contract Brings Six Years of ‘Labor Peace’ to East and Gulf Coast Ports
Ports
March 12, 2025
From 
Mike Schuler
 via 
gCaptain

Done Deal: Historic ILA-USMX Contract Brings Six Years of ‘Labor Peace’ to East and Gulf Coast Ports

International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) officials gathered in North Bergen, New Jersey on Tuesday to formally sign a landmark six-year master contract agreement, securing unprecedented...
Soybeans Giving into Weakness on Wednesday
Grain
March 12, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Giving into Weakness on Wednesday

Soybeans are facing continued weakness on Wednesday, with losses of 11 to 14 cents across most nearbys. The cmdtyView national front month Cash Bean price was down 14 1/4 cents at $9.33. Soymeal futures are down $1.90/ton in the nearbys, with Soy Oil futures 33 points lower. There were 60...
Corn Falling at Midday with Tariff Risk Off
Grain
March 12, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Falling at Midday with Tariff Risk Off

The corn market is posting double digit losses across most contracts on Wednesday, with contracts 10 to 12 cents lower in the nearbys. New crop December is 7 cents lower. CmdtyView’s national average Cash Corn price is down 11 1/2 cents at $4.20 1/2. Canada’s energy minister stated that potential...
Wheat Slipping Weaker on Wednesday
Grain
March 12, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Slipping Weaker on Wednesday

The wheat market is trading with contracts mostly weaker on Wednesday. Chicago SRW futures are 3 to 4 cents in the red on the day. KC HRW futures are steady at midday. MPLS spring wheat is down 4 to 5 cents. There were 12 deliveries for March CBT wheat futures...
ZIM Reports Strong 2024 Turnaround, Sets Conservative 2025 Outlook Amid Red Sea Crisis
Shipping
March 12, 2025
From 
Mike Schuler
 via 
gCaptain

ZIM Reports Strong 2024 Turnaround, Sets Conservative 2025 Outlook Amid Red Sea Crisis

International container shipping company ZIM (NYSE: ZIM) has reported a remarkable recovery in 2024, posting a net income of $2.15 billion, marking a significant turnaround from the $2.69 billion loss...