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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 to Reconcile the Corn Market?
With reads on the corn market's real fundamentals in disagreement, what does it mean for trade and/or investment in futures?
From
Austin Schroeder
via
Barchart
Soybeans Head Lower on Wednesday
The soybean market was falling on Wednesday, with losses of 6 to 8 cents on the session. The cmdtyView national front month Cash Bean price was down 6 1/4 cents at $9.71 3/4. Soymeal futures were up 40 cents to $1/ton on the day. Soy Oil futures were back down...
From
Austin Schroeder
via
Barchart
Wheat Falls Back on Wednesday
Wheat was falling on Wednesday, with contracts down across the three markets. Chicago SRW futures saw weakness on the session, with contracts down 11 to 13 cents. KC HRW futures posted losses of 13 to 14 cent on Wednesday. MPLS spring wheat was also heading lower, with losses of 7...
From
Austin Schroeder
via
Barchart
Corn Falls Back Lower on Wednesday
Corn futures failed to hold above the $5 mark in December, with contracts down 1 to 5 cents across most contracts. The CmdtyView national average Cash Corn price was down 4 1/4 cents on Friday at $4.64 1/2. The average close through February for December corn futures has been $4.71....
From
Mike Schuler
via
gCaptain
Salvage Team Boards Grounded MSC Baltic III Off Newfoundland as Response Continues
Salvage teams have successfully boarded the grounded containership MSC Baltic III off Newfoundland’s coast as response efforts continue amid challenging sea conditions. The Canadian Coast Guard reports that no pollution...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Got Gas? Natural Gas on Fire - Grains and Feeders Knocked Down
From
Reuters
via
gCaptain
Exxon Unveils Large-Scale Gas Project in Oil-Dominated Guyana
By Marianna Parraga and Kemol King GEORGETOWN, Feb 19 (Reuters) – U.S. oil major Exxon Mobil plans to boost natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government’s...
From
Don Dawson
via
Barchart
Soybean Farmers Under Pressure: Which Comes First $8 or $12 Beans?
Soybean prices are under intense pressure as the market grapples with record-high beginning stocks, signaling an oversupply issue that traders can't ignore. Strong yields have kept production levels high despite a reduced planted acreage, adding to the glut. Meanwhile, export demand remains sluggish, weighed down by shifting global trade dynamics and increased competition from other suppliers. As a result, weakening farm income is becoming a growing concern, forcing farmers and traders to make tough decisions in an increasingly bearish market. What's next for soybean prices?
From
Mike Schuler
via
gCaptain
Photos: Historic SS United States Begins Final Journey to Become World’s Largest Artificial Reef
The iconic SS United States, holder of the transatlantic speed record, has departed Philadelphia after nearly three decades at berth, embarking on its final journey to become the world’s largest...
From
Reuters
via
gCaptain
Mystery Blasts Rock Mediterranean Tankers
Three oil tankers have been damaged by blasts in the last month in separate incidents around the Mediterranean, with the causes unknown, shipping and security sources said on Wednesday.
From
Mike Schuler
via
gCaptain
World’s First Electric Ferry Marks a Decade of Operations
The MF Ampere, the world’s first fully electric ferry, is celebrating 10 years of successful operations in Norway’s Sognefjord. Designed and built by Fjellstrand Shipyard in 2015, the vessel has...