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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
Jim Wyckoff
via
Barchart
Why Tight Corporate-U.S. Treasury Yield Spreads Signal Good News for Ag Markets Prices
Investors are choosing to focus on the positives of Trump’s pro-business policies instead of potential disruptions from his trade agenda.
From
Austin Schroeder
via
Barchart
Soybeans Pulling Back on Wednesday
The soybean complex is back to weaker trade on Wednesday’s midday, with contracts down 4 to 5 cents. The cmdtyView national front month Cash Bean price is 4 1/4 cents lower at $9.73. Soymeal futures are up 80 cents/ton on the day, with Soy Oil futures back down 106 points...
From
Austin Schroeder
via
Barchart
Wheat Down Double Digits at Midday
Wheat is reverting back lower on Wednesday’s midday, with losses across the board. Chicago SRW futures are trading with losses of 12 to 15 cents. KC HRW futures are trading with 14 to 15 cent losses at midday. MPLS spring wheat is slipping lower, down 8 to 9 cents. Snow...
From
Austin Schroeder
via
Barchart
Corn Falling from Early Gains at Midday
The corn market is fading off the early strength from Wednesday morning, with contracts down anywhere from 1 to 4 cents at midday. The CmdtyView national average Cash Corn price is down 3 3/4 cents on Friday at $4.65. The average close for December corn futures has been $4.71 so...
From
Mike Schuler
via
gCaptain
Green Shipping Corridors Face Cost Hurdles Despite Policy Support
While current and upcoming policies from the International Maritime Organization (IMO), European Union, and United States will improve the business case for green shipping corridors, additional support measures are still...
From
Reuters
via
gCaptain
Suez Canal Chief Says Red Sea Crisis Did Not Create Sustainable Route to Replace Canal
CAIRO, Feb 19 (Reuters) – Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were positive indicators...
From
Reuters
via
gCaptain
More Shadow Vessels Targeted in EU’s 16th Sanctions Package
BRUSSELS, Feb 19 (Reuters) – EU envoys on Wednesday agreed on a 16th package of sanctions against Russia, EU diplomats said, including a ban on primary aluminum imports, sales of gaming consoles and the listing...
From
Mike Schuler
via
gCaptain
28 Crew Evacuated from Burning Ro-Ro Vessel in English Channel
A major international rescue operation successfully evacuated 28 crew members from the roll-on/roll-off container vessel (Con-Ro) Grande Brasile after a fire broke out aboard on Tuesday, February 18. The vessel, which was...
From
Austin Schroeder
via
Barchart
Wheat Back to Lower Trade on Wednesday AM
Wheat is reverting back lower after Tuesday strength, as contracts are lower in the winter wheats. Spring wheat is holding onto gains. The wheat complex was heading higher into the close on Tuesday, with gains across the three markets. MPLS spring wheat was the leader to the upside, with 6...
From
Austin Schroeder
via
Barchart
Soybeans Leaking Lower to Start Wednesday Trade
The soybean complex is slipping back early on Wednesday trade, down fractionally to 1 ¼ cents. Soybeans settled Tuesday with front month gains of 2 to 3 cents, as new crop contracts were 5 to 7 cents higher. The cmdtyView national front month Cash Bean price from was 2 1/2...
From
Austin Schroeder
via
Barchart
Corn Near Unchanged on Wednesday Morning
The corn market is showing steady to fractionally lower trade so far on Tuesday. Corn started off the holiday shortened week with gains of 4 to 7 cents across most contracts. March rallied through $5, to close above the level for the first time since October 2023. The CmdtyView national...
From
Bloomberg
via
gCaptain
Oil Exports From Russia’s Busiest Port Unencumbered by Sanctions
Crude-oil exports from Russia’s main Pacific terminal remain robust as shippers and traders — yet again — work around a fresh batch of curbs from the US, enlisting a new roster of vessels to keep barrels moving.