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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
Darin Newsom
via
Barchart
How Bearish is Winter Wheat?
A look at reads on real fundamentals show both winter wheat markets as bearish as they have been in years.
From
Mike Schuler
via
gCaptain
Equinor Makes Significant Gas Discovery in Norwegian Sea’s Halten Area
Equinor and its partners have discovered gas and condensate in the Mistral Sør exploration well in the Norwegian Sea’s Halten area, marking another significant find in the region’s growing energy...
From
Bloomberg
via
gCaptain
Goldman Wins Rare Solo Role on Blockbuster $19 Billion Port Deal
One of the biggest infrastructure deals in recent years has a clear winner on Wall Street: Goldman Sachs Group Inc.
From
Bloomberg
via
gCaptain
The Art of the Canal Deal: How BlackRock Brokered Trump Win in Panama
BlackRock said it agreed to buy the two ports in Panama and more than 40 others around the world from CK Hutchison Holdings Ltd., the sprawling conglomerate controlled by the Li family, one of Asia’s richest clans.
From
Mike Schuler
via
gCaptain
LNG Bunker Vessel Orders Surge as Maritime Industry Scales Up Alternative Fuel Infrastructure
Eight new LNG bunker vessel orders were placed in February 2025, expanding the global LNG bunker vessel orderbook by 50%, according to DNV’s Alternative Fuels Insight (AFI) platform. The surge...
From
Mike Schuler
via
gCaptain
UK Government Invests in Scotland’s First Floating Offshore Wind Manufacturing Port
The UK government has announced a major investment of over £55.7 million (USD $70.5 million) to transform the Port of Cromarty Firth in Scotland into the country’s first facility capable of...
From
Oliver Sloup
via
Barchart
Grains Recover on Potential Tariff Relief
Grain markets traded higher in the overnight and early morning trade on rumors that Mexico and Canada may be willing to negotiate trade.
From
Austin Schroeder
via
Barchart
Wheat Posts Double Digit Losses on Tuesday
Wheat is trading with gains on a turnaround Wednesday, with all three exchanges higher. The wheat complex closed Tuesday with losses across the three markets. Chicago SRW futures were 11 to 13 1/2 cents lower on the day. KC HRW futures were down 13 to 14 cents across the front...
From
Austin Schroeder
via
Barchart
Soybeans Turn Higher to Start Wednesday Trade
Soybeans are up 3 to 6 cents across most contracts on Wednesday morning. The soybean market was pressured by China’s retaliatory action against additional US tariffs overnight. Contracts closed with losses of 12 to 15 cents across most front months. Preliminary open interest was up 10,628 contracts, indicating net new...
From
Austin Schroeder
via
Barchart
Corn Rebounding on Wednesday Morning
The corn market is bouncing back on Wednesday morning, with contracts up anywhere from 1 to 7 cents. Corn futures closed the Tuesday session with contracts down 4 to 5 cents in most months. Pressure from tariffs continued to weigh on the market as longs were busy exiting. Preliminary open...
From
Mike Schuler
via
gCaptain
McCown: U.S. Import Surge Driven by Real Demand, Not Frontloading
The top ten US ports reported a 14.2% year-over-year increase in inbound container volume for January 2025, continuing a sixteen-month growth streak that shipping analyst John McCown attributes to genuine...
From
Bloomberg
via
gCaptain
Tariff ‘Earthquake’ Sends Shipping Executives Into Crisis Mode
Global shipping executives gathered this week in Long Beach, California, for a major annual conference, expecting to discuss market trends and supply chain challenges.