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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 Rallying Back as Some Tariffs Pushed Back
The corn market is in takeback mode on Thursday, with contracts up 12 to 13 cents in the front months and new crop up 4 to 5 cents. There were another 83 deliveries issued for March corn overnight. CmdtyView’s national average Cash Corn price is up 12 1/4 cents at...
From
Austin Schroeder
via
Barchart
Soybean Bulls Posting Thursday Midday Gains
Soybeans are showing 13 to 20 cent gains so far on Thursday. The cmdtyView national front month Cash Bean price is up 18 ½ cents at $9.65 1/2. Soymeal futures are up $6.10/ton, with Soy Oil futures 29 points higher. There were 220 deliveries issued against March soybeans overnight, all...
From
Reuters
via
gCaptain
Shipping Firms Pull Back from Hong Kong to Skirt US-China Risks
Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others are making contingency plans to do so.
From
Mike Schuler
via
gCaptain
Korean Containership Loses Boxes Battling Bering Sea Storm
The South Korean containership SM Portland has reported significant cargo damage and container losses while transiting to Vancouver through the Bering Sea. According to a March 5th customer alert from...
From
Reuters
via
gCaptain
As Trump Hails Taking Back of Panama Canal, Hong Kong Inc Walks Tightrope
Hong Kong's edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash sale of a Hong Kong-owned global ports business highlighting geopolitical volatility, executives and analysts said.
From
Mike Schuler
via
gCaptain
USTR’s $1.5M Port Fee Proposal on Chinese Ships Sparks Industry Confusion Over Critical Definitions
A new U.S. Trade Representative proposal targeting Chinese maritime operations with substantial port fees has sparked significant concerns within the shipping industry due to ambiguous definitions that could create widespread...
From
Austin Schroeder
via
Barchart
Soybeans Higher to Kickoff Thursday
The soybean market is trading with slight gains on Thursday morning of fractionally to 4 cents. Soybeans recovered higher on Wednesday, with gains of 6 to 14 cents at the close. The front months posted the strongest moves. Preliminary open interest was up 6,539 contracts, mostly in July and November....
From
Austin Schroeder
via
Barchart
Wheat Weaker on Thursday AM Trade
The wheat market is starting off Thursday with weakness, as MPLS is holding up. Wheat was in recovery mode on Wednesday with strength across the three exchanges. Chicago SRW futures were 11 to 13 cents higher on the day. KC HRW futures were up 6 to 9 cents so far...
From
Austin Schroeder
via
Barchart
Corn Weaker on Thursday AM
Corn futures are down 1 to 2 cents in most contracts on Thursday morning. The corn market popped back higher on Wednesday, with gains of 4 to 5 cents in the nearbys at the close. New crop contracts were slacking off, with December steady. Preliminary open interest data from CME...
From
Reuters
via
gCaptain
Trump Preparing Executive Order to Strengthen U.S. Shipbuilding
U.S. President Donald Trump is drafting an executive order aimed at resuscitating domestic shipbuilding and reducing China's grip on the $150 billion global ocean shipping industry and countering its rising naval power.
From
Austin Schroeder
via
Barchart
Wheat Bounces on Wednesday
Wheat was in recovery mode on Wednesday with strength across the three exchanges. Chicago SRW futures were 11 to 13 cents higher on the day. KC HRW futures were up 6 to 9 cents so far across most front months. MPLS spring wheat was up 8 cents in the May...
From
Austin Schroeder
via
Barchart
Soybeans Rebound Higher on Wednesday
Soybeans recovered higher on Wednesday, with gains of 6 to 14 cents at the close. The front months posted the strongest moves, with May and November holding above $10. The cmdtyView national front month Cash Bean price was up 13 cents at $9.46. Soymeal futures were up $4.50 to $7.10/ton,...