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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
Reuters
via
gCaptain
Trump Hails ‘Reclaiming’ of Panama Canal After BlackRock-led Group’s Deal to Buy Stake
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.
From
Mike Schuler
via
gCaptain
Trump Orders New White House Shipbuilding Office Amid Rising China Maritime Dominance
President Donald Trump announced the creation of a new White House office of shipbuilding and tax incentives for domestic shipbuilders during his joint address to Congress. “I am announcing tonight...
From
Austin Schroeder
via
Barchart
Wheat Posts Double Digit Losses on Tuesday
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 months. MPLS spring wheat posted 11 to 18 cent losses led by in delivery...
From
Austin Schroeder
via
Barchart
Soybeans Falls Lower on Tuesday with Chinese Tariffs
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. The cmdtyView national front month Cash Bean price was down 11 3/4 cents at $9.33. Soymeal futures were down $4.20/ton at the Tuesday...
From
Austin Schroeder
via
Barchart
Corn Faces Tariff Pressure on Tuesday
Corn futures closed out the Tuesday session with contracts down 4 to 5 cents in most contracts. Pressure from tariffs continued to weigh on the market as longs were busy exiting. CmdtyView’s national average Cash Corn price was down 5 cents at $4.10 1/4. President Trump followed through with the...
From
Bloomberg
via
gCaptain
MSC Boss: US Fees on Chinese-Built Ships Will Hit Consumers, Smaller Ports
The head of the world’s biggest ocean carrier warned that proposed US fees on Chinese-built ships and the companies that own them could raise container rates by 25% if imposed.
From
Mike Schuler
via
gCaptain
Navy Shipbuilding Crisis: GAO Finds Billions Spent Without Strategy as Fleet Goals Remain Unmet
The U.S. Navy continues to fall short of its fleet expansion goals despite investing billions in private shipbuilding and repair companies, according to a new Government Accountability Office (GAO) report....
From
Chris Swift
via
Barchart
Shootin' the Bull about volatility
When the volatility soars, it is nice to watch and not have to participate. At this juncture, time is what is needed.
From
Mike Schuler
via
gCaptain
CK Hutchison to Sell Panama Port Assets at Center of Geopolitical Storm
A BlackRock-led consortium has reached “in principle” agreements to acquire port assets owned by CK Hutchison Holdings Limited at the Panama Canal. The deal, valued at $22.8 billion, includes port...
From
Mike Schuler
via
gCaptain
World’s Largest Iceberg A23a Runs Aground Near South Georgia Island
The world’s largest and oldest iceberg, A23a, has run aground near South Georgia Island in the sub-Antarctic, according to confirmation from the British Antarctic Survey (BAS). This trillion-tonne ice giant,...
From
Mike Schuler
via
gCaptain
U.S. Senators Launch Strategic Ports Reporting Act to Counter Growing Chinese Maritime Influence
A bipartisan group of senators has introduced legislation aimed at monitoring and countering China’s expanding control over strategic ports worldwide, addressing what lawmakers call a direct threat to American national...