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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
Mike Schuler
via
gCaptain
Canada Awards Dual Polar Icebreaker Contracts as Arctic Competition Heats Up
Canada has awarded contracts to two shipyards for the construction of new polar icebreakers, part of a strategic move to enhance its Arctic capabilities. Quebec-based Davie Shipbuilding on Saturday announced...
From
Mike Schuler
via
gCaptain
U.S. Container Imports Set for Summer Decline as New Chinese Vessel Fees Threaten Supply Chain
Major U.S. container ports are bracing for significant volume shifts in 2025, with imports expected to remain strong through spring before experiencing their first year-over-year decline since September 2023. According...
From
Bloomberg
via
gCaptain
Trump’s Offshore Wind Review to Consider Status of Projects
The Trump administration’s ongoing review of offshore wind projects will feature different treatment for projects actively under development versus those that have merely been proposed, Interior Secretary Doug Burgum said Thursday.
From
Mike Schuler
via
gCaptain
TSP in the Spotlight: Stena Immaculate Incident and the Strategic Importance of the Tanker Security Program
The U.S.-flagged tanker Stena Immaculate, a participant in the Maritime Administration’s Tanker Security Program (TSP), was struck by the containership Solong while anchored near Hull, United Kingdom at approximately 10...
From
Austin Schroeder
via
Barchart
Corn Trading with Gains at Midday
The corn market is holding onto the gains at Monday’s midday, up fractionally to 4 cents following a robust inspections number reported this morning. There were no new deliveries issued against March corn overnight. CmdtyView’s national average Cash Corn price is up 3 1/4 cents at $4.32 1/4. The USDA...
From
Austin Schroeder
via
Barchart
Wheat Rallying on Monday
The wheat complex is trading with double digit strength on Monday. Chicago SRW futures is posting 13 to 14 cent higher trade at midday. KC HRW futures are trading with 17 to 18 cent gains in the front months. The CME showed 19 delivery notices for March KC wheat, with...
From
Austin Schroeder
via
Barchart
Soybeans Weaker at Monday’s Midday
The soybean market saw is posting weakness at Monday’s midday, with losses of 7 to 11 cents. There were 142 deliveries for March soybeans overnight, all by a JP Morgan Customer and stopped by the Bunge House account. The cmdtyView national front month Cash Bean price was down 10 cents...
From
Oliver Sloup
via
Barchart
Volatility Remains the Common Theme Across Futures Markets
Last week was a volatile one for a lot of different markets, that theme seems to have carried over into the start of this week. Here are some things to keep an eye on for the grain and livestock markets.
From
John Konrad
via
gCaptain
US Merchant Marine Oil Tanker In Flames Off UK
Off the East Yorkshire coast, a grave incident is unfolding where the U.S.-flagged oil tanker MV Stena Immaculate loaded with jet fuel, a ship designated critical to US national security in the Department...
From
Austin Schroeder
via
Barchart
Soybeans Starting Near Steady on Monday
The soybean market saw mixed action and spreading between the old and new crop contracts. Nearbys were down 2 to 4 cents, with new crop months up 4 to 5 cents. May was down ¾ cent on the week as November slipped off 4 cents. Preliminary open interest was down...
From
Austin Schroeder
via
Barchart
Wheat Bulls Charging Higher on Monday Morning Trade
The wheat complex is showing strength to begin a new week of trade. Wheat pulled back on Friday across the three exchanges. Chicago SRW futures posted losses of 2 to 3 cents, with May down 4 ½ cents last week. KC HRW futures were fractionally to a penny lower in...