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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
U.S. National Hurricane Center Delivered Its Most Accurate Forecasts Ever in 2024
The National Hurricane Center (NHC) achieved unprecedented accuracy in hurricane track forecasting during the 2024 Atlantic hurricane season, according to a preliminary forecast verification review by the National Weather Service....
From
Austin Schroeder
via
Barchart
Soybeans Leaking Lower at Midday
The soybean market is showing weakness in the front months on Friday down 4 cents, with new crop up 2 cents. The cmdtyView national front month Cash Bean price is down 4 cents at $9.58 3/4. Soymeal futures were up 20 cents/ton on the day, with Soy Oil futures 14...
From
Austin Schroeder
via
Barchart
Wheat Slipping Lower on Friday
Wheat is posting slightly lower trade so far on Friday across the three exchanges. Chicago SRW futures are showing losses of 2 to 3 cents, with front month March slightly higher. KC HRW futures are down 3 to 4 cents across most front months. MPLS spring wheat is down 3...
From
Austin Schroeder
via
Barchart
Corn Pushing Higher on Friday’s Midday
Corn is continuing to see the bulls battle back, with contracts up 1 to 6 cents so far at midday. There were 23 deliveries against March corn futures overnight. CmdtyView’s national average Cash Corn price is up 4 3/4 cents at $4.28 1/42. Export Sales data has total corn export...
From
The Loadstar
via
gCaptain
Asia-Europe Container Spot Rates Find a Floor—For Now
This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest 13 weeks of successive spot freight rate declines.
From
Mike Schuler
via
gCaptain
Coast Guard Infrastructure Crisis: Maintenance Backlog Soars to $7 Billion as Facilities Deteriorate
The U.S. Coast Guard is facing a mounting infrastructure crisis, with maintenance backlogs reaching a staggering $7 billion as of June 2024, according to a new U.S. Government Accountability Office...
From
Bloomberg
via
gCaptain
Trump Trade Wars, Sanctions Grip Already-Tight Heavy Oil Market
US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the sludgy oil and raising costs for the largest American refining center.
From
Reuters
via
gCaptain
Trump Hails $20 Billion Investment by Shipping Firm CMA CGM
U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in the United States to build out shipping logistics and terminals.
From
Mike Schuler
via
gCaptain
Mystery Mines: State Actor Likely Targeting Tankers Calling at Russian Oil Ports, Ambrey Warns
A state actor has been systematically targeting merchant vessels calling at Russian oil export facilities with naval mines since December 2024, according to a new threat assessment from maritime security firm Ambrey.
From
Oliver Sloup
via
Barchart
Excitement in the Grain Markets
Grain markets have seen volatility rise recently, presenting shorter term trade opportunities for both the Bulls and the Bears. These are the levels to keep an eye on into the last trading day of the week.
From
Reuters
via
gCaptain
EXCLUSIVE-US to Levy Fees on China-Linked Ships, Push Allies to Do Likewise, Draft Executive Order Says
The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a fleet that includes Chinese-built or Chinese-flagged vessels and will push allies to act similarly or face retaliation, a draft executive order stated.
From
Austin Schroeder
via
Barchart
Soybeans Backing on into Friday
Soybeans are trading with 1 to 3 cent losses early on Friday morning. The market closed Thursday with contracts 11 to 16 ¼ cents higher. The cmdtyView national front month Cash Bean price was up 16 cents at $9.62. Soymeal futures were up $2 to $5.10/ton on the day, with...