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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Soybeans Lower to Begin Friday Trade
Grain
February 21, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Lower to Begin Friday Trade

The soybean market is trading with early Friday losses of 1 to 2 cents. Futures were stronger on Thursday, with gains of 10 to 15 cents at the close. The cmdtyView national front month Cash Bean price was 14 1/4 cents higher at $9.85 1/4. Soymeal futures were up $1.30/ton...
Russian Cargo Ship Suffers Hull Breach in Sea of Azov, Awaiting Icebreaker Rescue
News
February 21, 2025
From 
Malte Humpert
 via 
gCaptain

Russian Cargo Ship Suffers Hull Breach in Sea of Azov, Awaiting Icebreaker Rescue

The 3,147 dwt Russian cargo vessel Pavel Grabovskiy is awaiting rescue in the Sea of Azov. The vessel suffered a hull breach on February 16. The cause of the damage...
Wheat Extends Pullback on Thursday
Grain
February 20, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Extends Pullback on Thursday

Wheat had another round of weaker trade on Thursday. Chicago SRW futures were down 6 to 7 cents on the session. KC HRW futures fell another 6 to 7 cents into the close. MPLS spring wheat saw fractional losses at the settle. USDA’s weekly Export Sales report are set to...
Soybeans Rallies Back on Thursday
Grain
February 20, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Rallies Back on Thursday

Soybean futures posted a stronger round of trade on Thursday, with gains of 10 to 15 cents at the close. The cmdtyView national front month Cash Bean price was 14 1/4 cents higher at $9.85 1/4. Soymeal futures were up $1.30/ton on the day, with Soy Oil futures back up...
Corn Holds Gains on Thursday
Grain
February 20, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Holds Gains on Thursday

The corn market posted fractional gains in the front months on Thursday, as new crop December was 3 cents higher at the close. The CmdtyView national average Cash Corn price is up a penny at $4.66 1/2. The weekly EIA report from this morning showed a total of 1.084 million...
Oil Tankers Rocked by Mystery Blasts After Trips to Russia
Shipping
February 20, 2025
From 
Bloomberg
 via 
gCaptain

Oil Tankers Rocked by Mystery Blasts After Trips to Russia

At least four oil tankers have been hit with explosions so far this year — all of them having visited Russia’s territorial waters in the weeks prior to the blasts happening.
Poor results from cutting slaughter pace
Grain
February 20, 2025
From 
Chris Swift
 via 
Barchart

Poor results from cutting slaughter pace

With great expectations of stabilizing, if not increasing box prices, through dramatic slaughter cuts, the packer has made his move.  These dramatic cuts are believed to have negated the foretelling of demand a rising box price would normally reflect.
NTSB: Critical Maintenance Error Leads to Engine Room Fire That Claimed Two Lives
Accidents
February 20, 2025
From 
Mike Schuler
 via 
gCaptain

NTSB: Critical Maintenance Error Leads to Engine Room Fire That Claimed Two Lives

A fatal engine room fire aboard the cargo vessel Stride, which claimed two lives and resulted in $12 million in total losses, was caused by the installation of an incorrect...
Levels to Watch into the Weekend for Grain and Livestock Markets
Grain
February 20, 2025
From 
Oliver Sloup
 via 
Barchart

Levels to Watch into the Weekend for Grain and Livestock Markets

Grain and livestock markets have presented some great tradable opportunities for participants on both sides of the markets as of late. These are the levels to keep an eye on.
Wheat Back to Weakness at Midday
Grain
February 20, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Back to Weakness at Midday

The wheat market is trading with losses on Thursday. Chicago SRW futures are down 6 to 7 cents at the midday part of the session. KC HRW futures are 6 cents in the red at midday. MPLS spring wheat is trading with fractional to 2 cent losses so far. USDA’s...
Corn Holding Gains on Thursday
Grain
February 20, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Holding Gains on Thursday

The corn market is trading with 1 to 2 cent gains so far on Thursday. The CmdtyView national average Cash Corn price is up a penny at $4.66 1/2. The weekly EIA report from this morning showed a total of 1.084 million barrels of ethanol production in the week of...
Soybeans Posting Midday Gains
Grain
February 20, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Posting Midday Gains

Soybean futures are seeing bulls push back on Thursday, with contracts 6 to 11 cents at midday. The cmdtyView national front month Cash Bean price is 10 cents higher at $9.71 3/4. Soymeal futures are up $1.40/ton on the day, with Soy Oil futures back up 59 points. Export Sales...