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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Wison New Energies Successfully Offloads Sanctioned Zhoushan Yard to Chinese State-Owned Entity
News
February 19, 2025
From 
Malte Humpert
 via 
gCaptain

Wison New Energies Successfully Offloads Sanctioned Zhoushan Yard to Chinese State-Owned Entity

Chinese energy technology firm Wison New Energies has closed the book on its increasingly fraught cooperation with Russia.
Did We See Major Changes in Markets from Tuesday Morning to Pre-Dawn Wednesday?
Grain
February 19, 2025
From 
Darin Newsom
 via 
Barchart

Did We See Major Changes in Markets from Tuesday Morning to Pre-Dawn Wednesday?

An early look at your quote screen Wednesday morning might give you a sense of "deja vu all over again" (Yogi Berra).
Taking uppercuts to the chin
Grain
February 18, 2025
From 
Chris Swift
 via 
Barchart

Taking uppercuts to the chin

Cattle feeders took an uppercut to the chin this morning.  After last weeks move by the packer, keeping more cattle backed up, the futures traders came in roaring to converge basis in feeder cattle.
Wheat Posts Tuesday Gains
Grain
February 18, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Posts Tuesday Gains

Wheat futures were heading higher on Tuesday, with gains across the three markets. MPLS spring wheat was the leader to the upside, with 6 to 8 cent gains at the close. KC HRW futures were also heading higher, up 5 to 7 cents across most contracts. Chicago SRW futures were...
Soybeans Holds Tuesday Gains, Led by New Crop
Grain
February 18, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Holds Tuesday Gains, Led by New Crop

The soybean market closed with nearby gains of 2 to 3 cents and new crop months 5 to 7 cents higher. The national front month Cash Bean price from cmdtyView was 2 1/2 cents higher at $9.77 1/4. Soymeal futures were down $2.30/ton on the day, with Soy Oil futures...
Corn Rallies to 16-Month High
Grain
February 18, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Rallies to 16-Month High

Corn was in rally mode on Tuesday, kicking off the week with gains to 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 average Cash Corn price was up 6 cents on Friday...
Canadian Coast Guard Monitoring ‘MSC Baltic III’ Grounding in Newfoundland
Accidents
February 18, 2025
From 
Mike Schuler
 via 
gCaptain

Canadian Coast Guard Monitoring ‘MSC Baltic III’ Grounding in Newfoundland

The Canadian Coast Guard continues to monitor the grounded cargo vessel MSC Baltic III off Newfoundland’s coast, with the CCGS Ann Harvey arriving on scene Monday to conduct initial assessments....
Grain Spreads: Commercial Hedge Spreads
Grain
February 18, 2025
From 
Sean Lusk
 via 
Barchart

Grain Spreads: Commercial Hedge Spreads

Long Term Low Risk/High Reward Strategies Examined
EU Extends Red Sea Maritime Security Operation Through 2026, Expands Intelligence Sharing
Shipping
February 18, 2025
From 
Mike Schuler
 via 
gCaptain

EU Extends Red Sea Maritime Security Operation Through 2026, Expands Intelligence Sharing

The European Union has extended its maritime security operation in the Red Sea region until February 28, 2026, allocating over €17 million to safeguard freedom of navigation amid ongoing regional...
UK Ship Master Gets Suspended Sentence, Company Fined £180,000 in Fatal Baltic Sea Collision
Accidents
February 18, 2025
From 
Mike Schuler
 via 
gCaptain

UK Ship Master Gets Suspended Sentence, Company Fined £180,000 in Fatal Baltic Sea Collision

A UK ship master and management company have received sentences at Southampton Crown Court for a fatal 2021 collision that claimed two lives off Sweden’s coast, highlighting systemic failures in...
New Ships and Cargo Transfers Boost Russia’s Crude Oil Exports
Shipping
February 18, 2025
From 
Bloomberg
 via 
gCaptain

New Ships and Cargo Transfers Boost Russia’s Crude Oil Exports

By Julian Lee (Bloomberg) — Russia has amassed new tankers and resorted to ship-to-ship cargo transfers to keep key oil exports flowing. But deliveries to customers remain a problem, with laden...
Venture Global LNG to Start commercial Operations Calcasieu Pass Louisiana Plant
Shipping
February 18, 2025
From 
Reuters
 via 
gCaptain

Venture Global LNG to Start commercial Operations Calcasieu Pass Louisiana Plant

Venture Global LNG will begin commercial operations at its Calcasieu Pass plant in Louisiana on April 15, the company said on Monday, some three years after it shipped its first LNG cargo in a move that led to a protracted dispute with customers.