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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
Austin Schroeder
via
Barchart
Corn Heads Lower into the Close
Corn futures failed to hold the early session gains after USDA failed to trim back their ending stocks projection on Tuesday, with contracts closing fractionally to 3 cents in the red. CmdtyView’s national average Cash Corn price was down 1 1/4 cents at $4.31 1/4. The USDA’s updated balance sheet...
From
Mike Schuler
via
gCaptain
Houthis Issue New Maritime Threat as Gaza Aid Deadline Passes
Yemen’s Houthi forces have declared an immediate ban on Israeli ships in the Red Sea, Arabian Sea, Bab al-Mandab Strait, and Gulf of Aden, threatening to attack any vessels that...
From
Mike Schuler
via
gCaptain
Container Leasing Giant Triton Acquires GCI in Major Consolidation Move
Triton International Limited, the world’s largest lessor of intermodal freight containers, announced yesterday an agreement to acquire Global Container International LLC (GCI), marking a significant consolidation in the maritime container...
From
Mike Schuler
via
gCaptain
Hapag-Lloyd’s Terminal Arm Expands European Footprint with Majority Stake in Key French Port
Hanseatic Global Terminals (HGT), the terminal operating subsidiary of ocean carrier Hapag-Lloyd, has acquired a 60% stake in CNMP LH, which operates the Atlantique container terminal in Le Havre, France....
From
Bloomberg
via
gCaptain
Russian Oil Flows Surge in Sign US Sanctions Starting to Crumble
US sanctions on Russia’s oil tanker fleet are showing signs of faltering, after a clutch of blacklisted vessels loaded cargoes for the first time in more than a year to drive up the country’s crude shipments.
From
Reuters
via
gCaptain
US Navy Shipbuilding Called Too Slow and Costly as Trump Vows Change
The US Navy keeps falling short in shipbuilding, with costs too high and deliveries too slow, the service’s acting acquisition chief said in written testimony submitted for a House hearing on Tuesday.
From
Jim Roemer
via
Barchart
Stocks may tumble and fall, but certain commodities remain essential to life
Trading futures is like climbing up a bolt of lightning in a thunderstorm
From
Austin Schroeder
via
Barchart
Soybeans Higher at Midday, with very Few USDA Adjustments
Soybeans are trading with 2 to 4 cent gains so far on Tuesday, as USDA made no changes to the US balance sheet. The cmdtyView national front month Cash Bean price is up 3 1/4 cents at $9.53 3/4. Soymeal futures are up 60 cents/ton in the nearbys, with Soy...
From
Austin Schroeder
via
Barchart
Wheat Creeping Lower As USDA Raises Carryout Estimate
Wheat is trading with midday weakness across the three exchanges on Tuesday. Chicago SRW futures are down 2 to 5 cents so far on the day. KC HRW futures are down 4 to 5 cents in the front months. MPLS spring wheat is 5 to 7 cents lower in the...
From
Austin Schroeder
via
Barchart
Corn Holding Higher Despite No Major USDA Changes
The corn market is holding near the pre-report trade, with contracts up factionally to 3 cents so far on Tuesday, despite no major changes to the USDA data. CmdtyView’s national average Cash Corn price is up 3 cents at $4.35 1/2. The USDA’s updated balance sheet from this morning saw...
From
Reuters
via
gCaptain
Trump Unleashes Sweeping Tariffs on Metal Imports
U.S. President Donald Trump's bulked-up tariffs on steel and aluminum due to launch within hours will hit nearly $150 billion worth of derivative products made from the metals for the first time, ranging from nuts and bolts to bulldozer blades and threatening cost increases for industry and consumers alike.