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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Saudis Shuttle Oil North On Tankers To Evade Houthis
Shipping
August 22, 2026
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...
Iran Grants Permission For A Number Of Iraqi Oil Tankers To Pass Through Hormuz
Shipping
August 22, 2026
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...
China’s NewNew Shipping Line Pushes Deeper Into Arctic With First Murmansk Container Run
News
August 21, 2026
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.
Panama Canal Draught Restrictions Set to Add to Congestion Chaos
News
August 21, 2026
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.
US Sanctions Fishing Fleet Accused of Shipping Cocaine to Mexico
News
August 21, 2026
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.
Iran Vows ‘Devastating’ Response to US Threat to Cut Off Its Economic Lifelines
News
August 21, 2026
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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Corn Posts Midweek Correction
Grain
March 5, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Posts Midweek Correction

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. CmdtyView’s national average Cash Corn price was up 4 1/2 cents at $4.15 3/4. President Trump is delaying part of...
NSMV Program Nears Completion as White House Prioritizes Restoring American Shipbuilding Might
Shipbuilding
March 5, 2025
From 
Mike Schuler
 via 
gCaptain

NSMV Program Nears Completion as White House Prioritizes Restoring American Shipbuilding Might

As the White House moves to bolster American shipbuilding, the U.S. Department of Transportation’s Maritime Administration (MARAD) marked a major milestone today with the keel laying of the fifth and...
Grain Spreads: Beans Settle at Unchanged for Year
Grain
March 5, 2025
From 
Sean Lusk
 via 
Barchart

Grain Spreads: Beans Settle at Unchanged for Year

Soybeans Firm after Tariff Rout
Hogs Hit Target Area of 61.8% and 81.47 Major Gann Square, New Target is 89.50
Grain
March 5, 2025
From 
Nick Ehrenberg
 via 
Barchart

Hogs Hit Target Area of 61.8% and 81.47 Major Gann Square, New Target is 89.50

Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Digging holes and filling them back in
Grain
March 5, 2025
From 
Chris Swift
 via 
Barchart

Digging holes and filling them back in

A significant loss of open interest on Tuesday suggests fewer are finding the hyper volatility interesting.  Futures traders did producers a solid by converging basis.
Photos: CMA CGM’s First Dual-Fuel Methanol Containership Arrives in Singapore
Shipping
March 5, 2025
From 
Mike Schuler
 via 
gCaptain

Photos: CMA CGM’s First Dual-Fuel Methanol Containership Arrives in Singapore

French shipping giant CMA CGM has marked a significant milestone in maritime decarbonization with its first dual-fuel methanol vessel, CMA CGM IRON, making its maiden call at the Port of...
CMB.TECH Acquires Major Stake in Golden Ocean from John Fredriksen
Shipping
March 5, 2025
From 
Mike Schuler
 via 
gCaptain

CMB.TECH Acquires Major Stake in Golden Ocean from John Fredriksen

CMB.TECH has announced the acquisition of an approximately 40.8% stake in Golden Ocean Group Limited from John Fredriksen’s Hemen Holding Limited. The deal involves 81,363,730 shares of the dry bulk...
OFAC Sanctions Reveal Houthis Coordinated Safe Passage for Russian and Chinese Ships Through Red Sea
Shipping
March 5, 2025
From 
Mike Schuler
 via 
gCaptain

OFAC Sanctions Reveal Houthis Coordinated Safe Passage for Russian and Chinese Ships Through Red Sea

New sanctions by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) have revealed that Houthi leaders actively coordinated with Russian and Chinese officials to ensure their vessels would not...
Soybeans Showing Green on Wednesday Midday Trade
Grain
March 5, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Showing Green on Wednesday Midday Trade

Soybeans are bouncing back so far on Wednesday, with gains of 5 to 12 cents at midday. The nearbys are seeing the strongest moves and both May and November try to hold above $10. The cmdtyView national front month Cash Bean price is up 11 1/2 cents at $9.45 3/4....
Wheat Back Higher on Wednesday Morning
Grain
March 5, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Back Higher on Wednesday Morning

Wheat is posting Wednesday midday strength across the three markets. Chicago SRW futures are 11 to 12 cents higher so far on the day. KC HRW futures are up 6 to 8 cents so far across most front months. There were another 85 delivery notices for March KC wheat overnight,...
Corn Posting Wednesday Midday Gains
Grain
March 5, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Posting Wednesday Midday Gains

The corn market is bouncing back on Wednesday, with midday gains of 4 to 5 cents. New crop contracts are slacking off, with fractional losses.. CmdtyView’s national average Cash Corn price is up 3 1/4 cents at $4.14 1/2. There were another 220 deliveries against March corn futures overnight. This...
Tankers: Canada’s Crude Exports Surge as US Implements New Tariffs
Shipping
March 5, 2025
From 
Mike Schuler
 via 
gCaptain

Tankers: Canada’s Crude Exports Surge as US Implements New Tariffs

Canadian crude tanker exports have skyrocketed by 59% year-to-date, reaching 618 thousand barrels per day (kbpd), up from 388 kbpd during the same period last year, according to shipping association...