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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Trump Official Says Hormuz Ship Insurance Program to Launch ‘Soon’ as Tanker Traffic Struggles to Recover
News
March 26, 2026
From 
Mike Schuler
 via 
gCaptain

Trump Official Says Hormuz Ship Insurance Program to Launch ‘Soon’ as Tanker Traffic Struggles to Recover

Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies.
Wheat Bulls Push Back Higher on Thursday
Grain
March 26, 2026
From 
Austin Schroeder
 via 
Barchart

Wheat Bulls Push Back Higher on Thursday

The wheat complex found some renewed strength on Thursday. Chicago SRW futures were 4 ½ to 7 ¼ cents higher in the front months on the day. KC HRW futures saw 4 to 9 cent gains on the Thursday session. MPLS spring wheat was up 4 ¼ to 5 cents...
Soybeans Closes Higher on Thursday
Grain
March 26, 2026
From 
Austin Schroeder
 via 
Barchart

Soybeans Closes Higher on Thursday

Soybeans saw gains of 1 ¾ to 5 ½ cent gains in the front months on Thursday. The cmdtyView national average Cash Bean price was up 2 1/4 cents at $11.00 1/4. Soymeal futures were up 30 cents to $2.30, with Soy Oil futures up 42 to 96 points. Export...
China Is Escalating Panama Port Dispute With Surge in Ship Detentions, U.S. Regulator Warns
News
March 26, 2026
From 
Mike Schuler
 via 
gCaptain

China Is Escalating Panama Port Dispute With Surge in Ship Detentions, U.S. Regulator Warns

A simmering dispute over control of key Panama Canal terminals is now spilling into global shipping lanes, with China detaining Panama-flagged vessels in its ports and U.S. regulators warning of potential fallout for international trade.
Pure Hedge - Livestock and Grain
Grain
March 26, 2026
From 
Bill Allen
 via 
Barchart

Pure Hedge - Livestock and Grain

Crazy Market Movement Late in the Crude Oil and Dow Jones Index - Setting up a Possible Wild Ride in the Livestock and Grain Markets Tomorrow.
New MARAD Advisory Urges Ships to Disable AIS Tracking in Red Sea as Houthi Threat Lingers
News
March 26, 2026
From 
Mike Schuler
 via 
gCaptain

New MARAD Advisory Urges Ships to Disable AIS Tracking in Red Sea as Houthi Threat Lingers

The United States is warning commercial shipping that the threat from Yemen’s Houthi militants remains active across the Red Sea and Gulf of Aden—despite a recent lull in attacks—and is...

The APS Information Center

For detailed updates and additional resources, explore our resources section.

Trump’s Hormuz Assurances Only a Partial Fix, Shippers Say
Shipping
March 4, 2026
From 
Bloomberg
 via 
gCaptain

Trump’s Hormuz Assurances Only a Partial Fix, Shippers Say

President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the shipping industry sees it — at best — as only a partial solution to a historic crisis.
Iranian Warship Sinks Off Sri Lanka, Bodies Recovered at Sea
News
March 4, 2026
From 
Reuters
 via 
gCaptain

Iranian Warship Sinks Off Sri Lanka, Bodies Recovered at Sea

An Iranian warship has sunk off the coast of Sri Lanka, with the Sri Lankan authorities saying on Wednesday they had rescued 32 people who were on board and recovered several bodies from the sea.
Moscow Alleges Ukrainian Drone Boat Attack on LNG Carrier ‘Arctic Metagaz’
News
March 4, 2026
From 
Malte Humpert
 via 
gCaptain

Moscow Alleges Ukrainian Drone Boat Attack on LNG Carrier ‘Arctic Metagaz’

An LNG carrier central to Russia’s sanctioned Arctic gas trade was rocked by an explosion around 4 a.m. on March 3 roughly 150 nautical miles southeast of Malta, in an incident Moscow said was a Ukrainian attack and that could ripple through the Kremlin’s fragile LNG shadow fleet logistics network.
Chicago wheat above 200-day moving average is a sweet spot
Grain
March 3, 2026
From 
Walsh Trading
 via 
Barchart

Chicago wheat above 200-day moving average is a sweet spot

I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Chicago Wheat started the year at 513.0. On February 19, the price went above the 200-day moving average at 570.0 and has stayed there. Yesterday's high was 603.0. Today's closing price...
Wheat Mixed on Tuesday
Grain
March 3, 2026
From 
Austin Schroeder
 via 
Barchart

Wheat Mixed on Tuesday

The wheat complex was mixed on Tuesday, with hard red contracts pushing higher gains. Chicago SRW futures closed 2 to 4 cents lower on Tuesday. KC HRW futures were 3 to 4 cents in the green at the close. MPLS spring wheat was 3 to 4 cents higher across most...
Corn Sees Late Day Strength to Close with Gains
Grain
March 3, 2026
From 
Austin Schroeder
 via 
Barchart

Corn Sees Late Day Strength to Close with Gains

Corn futures posted gains across most contracts on Tuesday, with contracts fractionally to 2 cents higher. The CmdtyView national average Cash Corn price was up 1 cent to $4.06 3/4. Crude oil strength remains supportive. USDA reported a private export sale of 196,000 MT of corn to unknown destinations this...
Soybeans Power Higher Late on Tuesday
Grain
March 3, 2026
From 
Austin Schroeder
 via 
Barchart

Soybeans Power Higher Late on Tuesday

Soybeans saw late session strength, with contracts closing 5 to 7 cents higher There were another 27 deliveries issued overnight. The cmdtyView national average Cash Bean price was up 6 1/2 cents at $10.97 1/2. Soymeal futures were up 20 cents to $2.20 on the day, with Soy Oil futures...
Chart of the Day - December Corn
Grain
March 3, 2026
From 
Walsh Trading
 via 
Barchart

Chart of the Day - December Corn

Is this the first hedging opportunity in 2026?
Grain Spreads KC/Chicago Wheat Spread
Grain
March 3, 2026
From 
Sean Lusk
 via 
Barchart

Grain Spreads KC/Chicago Wheat Spread

Look For KC to Gain vs Chicago
Pure Hedge - Livestock and Grain
Grain
March 3, 2026
From 
Bill Allen
 via 
Barchart

Pure Hedge - Livestock and Grain

Strong Bids in the Cattle Markets
Crew of Sanctioned Russian LNG Carrier Arctic Metagaz Found Alive After Fire Incident Off Malta
News
March 3, 2026
From 
Mike Schuler
 via 
gCaptain

Crew of Sanctioned Russian LNG Carrier Arctic Metagaz Found Alive After Fire Incident Off Malta

The crew of the sanctioned Russian LNG carrier Arctic Metagaz have been located alive after abandoning ship following a reported fire in the central Mediterranean, Maltese authorities confirmed Tuesday. In a statement,...
Trump Orders Federal Insurance Backstop for Gulf Shipping, Signals Possible Navy Tanker Escorts
News
March 3, 2026
From 
Mike Schuler
 via 
gCaptain

Trump Orders Federal Insurance Backstop for Gulf Shipping, Signals Possible Navy Tanker Escorts

President Donald Trump said Tuesday he has directed the U.S. government to provide political risk insurance and financial guarantees for maritime trade transiting the Persian Gulf, while signaling that U.S....