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
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.

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).

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.

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...

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...

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...

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....

From
Sean Lusk
via
Barchart
Grain Spreads: Commercial Hedge Spreads
Long Term Low Risk/High Reward Strategies Examined

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...

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...

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...

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.