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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
Mike Schuler
via
gCaptain
Panama Canal Advances Rio Indio Reservoir Project to Secure Water Supply After Historic Drought
The Panama Canal Board of Directors has approved critical funding for the construction of a new reservoir in the Rio Indio basin, marking a significant step toward ensuring water security for both the vital waterway and the country's population.
From
Reuters
via
gCaptain
Trump Reverses Chevron’s Venezuela Oil License, Citing Lack of Electoral Reforms
U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns.
From
Mike Schuler
via
gCaptain
Chinese-Built Ship Fees Could Cause Major U.S. Port Congestion, Analysts Warn
Maritime analysts are sounding the alarm that the Trump Administration’s proposed fees on China-built container ships could severely disrupt US supply chains, potentially causing port congestion, increased freight rates, and...
From
Susan Stroud
via
Barchart
No Bull | The Five Spot
5 | King Corn Corn export sales remain strong, with total 2024/25 commitments surpassing 1.9 billion bushels in the week ending February 20, up 28% year-on-year and 60% higher than this point in 2022/23. Cumulative commitments continue to exceed the pace needed to hit USDA’s current 2.45 billion bushel full-year...
From
Jim Wyckoff
via
Barchart
There Were No Big Surprises in the USDA’s Ag Outlook Forum Forecasts. So Why Are Grains Futures Prices Falling?
Attention quickly shifted to news that tariffs on Canada and Mexico will go into effect in early March and that Trump plans to double tariffs on China.
From
Bloomberg
via
gCaptain
Tariffs on China Risk Hurting U.S. Economy More Than Data Suggest, NY Fed Says
(Bloomberg) — New research suggests President Donald Trump’s latest tariffs on imports from China could hit the American economy more than official US trade data indicate. The impact, according to...
From
Mike Schuler
via
gCaptain
Hawaiian Rum Company Files Lawsuit Challenging the Jones Act, Citing Constitutional Violations
Koloa Rum Company, a renowned distillery based on Hawaii’s island of Kauai, has filed a federal lawsuit challenging the century-old Merchant Marine Act of 1920, commonly known as the Jones...
From
Mike Schuler
via
gCaptain
WinGD Delivers World’s Largest Methanol-Fueled Marine Engine
Swiss marine power company WinGD has reached a significant milestone with its first methanol-fueled engine passing factory and type approval tests and now heading for shipyard delivery. The ten-cylinder, 92-bore...
From
Oliver Sloup
via
Barchart
Grains Mixed in Early Morning Trade
Grain markets are mixed following the release of USDA outlook projected acres
From
Austin Schroeder
via
Barchart
Soybean Bulls Pushing Back Higher on Thursday Morning
Soybeans are trading with contracts up 6 to 8 cents so far early on Thursday. They faced pressure on Wednesday, with contracts down 5 to 8 cents across most front months. The cmdtyView national front month Cash Bean price was down 5 1/4 cents at $9.69 1/2. Soymeal futures were...
From
Austin Schroeder
via
Barchart
Wheat Extending Weakness on Thursday Morning
Wheat is continuing the recent trend of lower price action, with Thursday AM losses across the three exchanges. The wheat market posted losses on Wednesday, as the three markets were faced with weakness. Chicago SRW futures were 6 to 8 cents in the red on the session. KC HRW futures...
From
Austin Schroeder
via
Barchart
Corn Sticking Near Unchanged on Thursday AM
The corn market is trading with contracts fractionally mixed, with the nearbys higher and new crop lower. Price action was lower on Wednesday, as contracts were down fractionally in some contracts to 3 cents at the close. CmdtyView’s national average Cash Corn price was down by a penny at $4.46....